Introduction to Finance

Lesson 1
After completing this course, you'll be able to:



Identify and differentiate the three most common types of business organizations and the structure of each

State the fundamental objectives of a corporation and the differences between wealth and profit maximization

Recognize the impact of social and ethical responsibility on business

Identify and describe the structure and functions of the finance department within an organization

Define the principal-agent relationship and strategies for overcoming conflicts of interest and motivating managers

List and define the five key principles that form the foundation of financial management

Recognize and define the five key financial markets

Identify the sources, rules, and life-cycle stages of corporate financing

Describe the function of the stock market and the three trading venues it utilizes

Recognize the factors related to interest rate determination and the impact of interest on an organization