COMM 221 Foundations of Finance Units: 3.00
This course provides an in-depth introduction to the principles of finance, focusing on the fundamental concepts and tools used in financial decision-making from a corporate perspective. Students will explore the capital allocation process and funding decisions that shape the financial health and growth of an organization. Key topics include the time value of money, bond valuation, interest rates, investment decision rules, and shareholder value creation. The course delves into capital budgeting techniques, risk-return analysis, portfolio theory, and the concept of market efficiency, cost of capital, debt and equity financing, and capital structure decisions. Discussions on dividend and capital distribution policy and business valuation will also be integrated into the curriculum.
Requirements: This course is restricted to students enrolled in the 2nd yr or greater of their program, excludes Commerce/CIB.
EXCLUSIONS: No more than one course from COMM 221 or COMM 621, EMPR 280 or ECON 254
No more than 6.0 units from any COMM 200-level course.
Course Equivalencies: COMM121/221/621
Offering Faculty: Smith School of Business