DBA 720 - Management Of Financial Resources

3 credit hours

This course connects managerial decisions to applicable financial theories and practical financial management actions. Managers are encouraged to focus on value creation because a firm that does not create value for its shareholders will not survive to create value for society at large. The importance of capital markets to the success of a company and transparency (or honest, open management) to capital markets is emphasized. This course teaches that financial theory can help managers to assess alternatives, make choices, and make the right decision when facing ethical dilemmas. Modern cases set in the year 2000 or later are used to demonstrate correct managerial actions when faced with a variety of financial and ethical decisions in a global business environment. Students will learn how to assess and forecast firm performance, allocate resources, mange debt and cash flows, reward firm shareholders (owners), make practical financial decisions (e.g. lease or buy, hedge risks or not), and make merger decisions. The importance of making ethical decisions in socially responsible ways is stressed throughout the course.