Topic outline
Business Finance for Every Enterprise (4 credits)
Enroll me Business Finance for Every Enterprise (4 credits)
Professor: Michael Greene
Overview
This course provides a brief introduction to the fundamentals of finance, emphasizing their application to a wide variety of real-world situations spanning personal finance, corporate decision-making, and financial intermediation. Key concepts and applications include: time value of money, risk-return trade-off, cost of capital, interest rates, retirement savings, capital budgeting, asset valuation, discounted cash flow (DCF) analysis, net present value, internal rate of return, payback period, etc.Outcomes
- How to value any asset
- Decide which projects to take out of the many a corporation might be considering
- Compute the return on any project
- Compute the value that a project adds
- Value a bond and compute its yield
- Value a stock using a simple model (i.e., determine the fair price of a stock)
Introduction
Finance sometimes sounds like something necessary but perhaps a bit boring. But financial stewardship was really a key part of what Jesus did during the three years of His earthly ministry. He helped people use their resources and assets towards benefiting the entire community, in the hopes of drawing the community closer to Christ. Recall the parable of the talents (Matthew 25: 14-30), just as those in the parable grew the wealth given to them by Jesus, and Jesus said in verse 29, "For to everyone who has will more be given, and he will have an abundance." But, the abundance given to us we must steward in a Christ-like manner, advancing the cause of the Kingdom, above any other priority.If you are a leader, a pastor, a Christian business leader, then you need the principles discussed in this course.
The Bible is a rich resource for how to manage people. This course uses Bible stories, examples from Jesus' ministry, and the whole book of Philemon. This small book of the Bible contains the letter that the Apostle Paul wrote to a fellow church member named Philemon. In this letter Paul demonstrates how you deal tactfully with a difficult relationship issue.
Resources
This class includes resources from many books and articles. All required materials are posted here. The final four units focus on Steve Elzinga's downloadable book, How to Influence Friends and Tactfully Get Along with People. You can download the PDF version for free, or read it online, or buy a hard copy from Christian Leaders Institute at the Bible Study Tools section. https://www.christianleadersinstitute.org/bible-study-toolsFinancial calculator
Some students have said in feedback that a financial calculator is very beneficial for this class. You can find them online.
Assignments
View all online lectures and read all articles in each topic. CLI computer tracks whether you do this. After viewing all lectures for the unit, take the quiz based on the lectures (100% of grade).Grading Scale
A 95-100% A- 90-94% B+ 87-89% B 83-86% B- 80-82% C+ 77-79% C 73-76% C- 70-72% D+ 67-69% D 63-66% D- 60-62% F 0-59%
Your average grade for all assignments in the class must be at least 60%. Otherwise, you will fail the class and will receive no course credit.Note: You must complete all work by the final deadline of the course. If you are not done by that date, you will have to take the class again to receive credit.
In Conclusion: Watch the Presentations. Read the attached readings. Take the quizzes. But most importantly start putting the principles that you learn into practice in your relationships.
Day 1 - 10
Financial Management & Corporate Financial Environment
Day 11 - 20
Financial Statements, Cash Flow, & Taxes
Day 21 - 30
Analysis of Financial Statements
Day 31 - 40
Time Value of Money
Day 41 - 50
Bonds
Day 51 - 60
Risk and Return
Day 61 - 70
Valuation of Stocks and Corportations
Day 71 - 80
The Cost of Capital
Day 81 - 90
Capital Budgeting & Evaluating, Estimating, and Analyzing Cash Flows
Day 91 - 100
Corporate Valuation, Financial Planning, Agency Conflicts & Corporate Governance
Day 101 - 110
Distributions to Shareholders: Dividends & Repurchases
Day 111 - 120
As you complete this tuition-free course, let's pray for and thank the Vision Partners! Their sacrificial giving supports these tuition-free courses so that those will little or no extra resources can access high-quality ministry training.
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Capital Structure Decisions
Complete All Quizzes and Material
The course has ended. Please make sure all quizzes have been completed. If your work is incomplete, it is considered a drop, and you will have to take the class again in order to receive credit.
Your Grade
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