LFU:online

Offered each semester. Prerequisites: ECON 1203 (Principles of Microeconomics) or ECON 2200, and ACCT 2100 (Principles of Accounting). Introduction to investment, financing, and dividend decisions of business firms. Topics include valuation, capital budgeting, working capital management, capital structure and cost of capital, sources of financing, and dividend policy.

This course is intended for students who wish to learn and analyze the concepts of modern financial management. We will cover a wide range of topics that form the fundamentals of finance. The course will begin with a discussion of the goals and organization of a corporation, then move on to the concept of time value of money, and the valuation of simple corporate securities such as stocks, bonds, and preferred stock, and explore the relation between risk and expected return of financial assets. The course will conclude with a discussion of the different financing choices available and the study of the Net Present Value criterion for selecting investment opportunities.

The University of New Orleans International Summer School program has a mandatory class attendance policy. All students are required to attend class for all morning classes and any required afternoon and/or weekend fields trips and lectures. No unexcused absences are allowed. However, LFU students who have to miss a UNO class due to LFU examinations in the first two weeks of our program, can receive one excused absence for this. Any further unexcused absences will result in an academic penalty. Each faculty member determines the penalty for missed classes. Most professors deduct a letter grade for each additional missed class day. For details, please refer to your course syllabi, which will be distributed on the first day of class. The listed ECTS credits are a recommendation by the University of New Orleans Innsbruck Summer School, based on contact hours, anticipated out-of-classroom requirements such as field trips, and projected workload for readings, assignments, and exam preparation. Mail: Center-New-Orleans@uibk.ac.at