HADM 2220: Finance

Fall, Spring. 3 credits. Letter grades only.

Limited to Hotel Students

Faculty teaching this course:

This course provides an introduction to core ideas in finance as well as a foundation for further study.  Upon completion of this course students should be able to (1) perform basic valuation of cash flows from projects, bonds, and stocks; (2) demonstrate basic understanding of capital budgeting decisions through the use of concepts including the time value of money and discounted cash flow analysis; (3) assess the relation between risk and return and integrate that knowledge in determining corporate cost of capital; and (4) demonstrate an understanding of the role of debt and equity in corporate capital structure.