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BU 223
This course is designed to give non-business students an understanding of the fundamentals of finance. The course introduces students to the time value of money and its application to securities valuation in finance. Other topics covered include the risk and return trade off, basic capital budgeting, firm debt and dividend policies, financial ratios and external growth through mergers and acquisitions. Prerequisites: BU111, BU127, and EC205 (or BU205) or EC285 or ST230 or ST231 or PS296 or SY382 (or a program-specific equivalent). Exclusions: Honours BBA program, BU283, MB307. Students may not take BU223 following the completion of BU283. If taken in that order, credit will be lost for BU283.