BUS 320 - Business Finance For Every Enterprise (4 Cr)
Section outline
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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.
Resources
This class includes resources from many books and articles. All required materials are posted here.Financial calculator
Some students have said in feedback that a financial calculator is very beneficial for this class. You can find them online.
Required Assignments- View all online lectures and read all articles on each topic. Active engagement with course materials prior to attempting the quiz is required for each unit. If a resource is provided in multiple formats, simply choose whichever format best supports your learning. CLI’s system tracks your viewing history to determine meaningful engagement. Make sure you are logged into your student account when viewing or downloading the materials.
- Take the online quiz for each unit. You will have 75 minutes to answer 20 multiple-choice questions for each quiz. Each quiz covers the readings and video lectures for that unit. Once a quiz has started, you must finish it, and you cannot retake it.
Quizzes must be completed independently. The use of AI tools, search engines, other websites, or assistance from other individuals is prohibited.
Quizzes are open-note. You may reference your own notes or any of the provided CLI course materials during the quiz. However, you should plan to study materials prior to attempting the quiz.
Quiz Tip: First answer the questions you know. Then use your own notes or the provided CLI course materials to help answer any questions you are unsure about.
3. At the end of the course, you will be invited to complete a brief Course Feedback Survey. Your feedback helps CLI evaluate the course and identify opportunities for improvement.
Course Forum
Each course forum is located near the beginning of the course, immediately before the first course-content section. The forum allows students to post course-related questions and comments for other currently enrolled students to view and discuss. You can also search previous posts to see whether your question or topic has already been addressed.
The forum is intended primarily for peer discussion and may not receive an immediate response. Questions or concerns requiring timely assistance should be directed to the Help Desk at helpdesk@christianleaders.net.
Grading Scale
A 93-100% A- 90-92% 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%
Students' final grade is based on the average of all required quizzes and assignments. Each graded activity is weighted equally unless otherwise stated. The single lowest quiz score will be excluded from the overall grade.
Your average for the course must be at least 60%. Otherwise, you will fail the class and will receive no credit.
Deadline
You have 180 days to finish the course. If you have not received a final grade for the course before your enrollment ends, you will be automatically unenrolled, you will receive an “Administrative Withdrawal” for the course on your transcript, and all coursework will be removed. You will have to start over and take the class again to receive credit.
To avoid potential administrative delays or additional fees, please complete all assignments at least three weeks before your enrollment end date.
If you believe you qualify for a two-week extension, as outlined in our Catalog policies, please contact the Help Desk at helpdesk@christianleaders.net as soon as possible, ideally at least three weeks before your enrollment end date.
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.
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Financial Management & Corporate Financial Environment
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Financial Statements, Cash Flow, & Taxes
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Analysis of Financial Statements
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Time Value of Money
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Bonds
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Risk and Return
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Valuation of Stocks and Corportations
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The Cost of Capital
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Capital Budgeting & Evaluating, Estimating, and Analyzing Cash Flows
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Corporate Valuation, Financial Planning, Agency Conflicts & Corporate Governance
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Distributions to Shareholders: Dividends & Repurchases
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Capital Structure Decisions
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🎉 Well Done!
Congratulations on Completing This Course!
You've successfully completed this course. Celebrate your accomplishment with a personalized Certificate of Course Completion that recognizes the time, effort, and dedication you've invested in your learning journey.
Purchase Your Certificate
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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.
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Our staff will be using this time to review your work. Your grade should appear on your "My Home Page" in the "Course Overview" section. Please contact Helpdesk if you have any questions or did not receive your grade.