Financial Financial ManagementManagement

Bill BaddorfBill Baddorf

BBaddorf@ngu.eduBBaddorf@ngu.edu

915-3654915-3654

Basic Areas Of FinanceBasic Areas Of Finance

Corporate financeCorporate finance InvestmentsInvestments Financial institutionsFinancial institutions International financeInternational finance

Why Study Finance?Why Study Finance?

MarketingMarketing• Budgets, marketing research, marketing Budgets, marketing research, marketing

financial productsfinancial products AccountingAccounting

• Dual accounting and finance function, Dual accounting and finance function, preparation of financial statementspreparation of financial statements

ManagementManagement• Strategic thinking, job performance, Strategic thinking, job performance,

profitabilityprofitability Personal financePersonal finance

• Budgeting, retirement planning, college Budgeting, retirement planning, college planning, day-to-day cash flow issuesplanning, day-to-day cash flow issues

Business FinanceBusiness Finance

Some important questions that are Some important questions that are answered using financeanswered using finance• What long-term investments should What long-term investments should

the firm take on?the firm take on?• Where will we get the long-term Where will we get the long-term

financing to pay for the investment?financing to pay for the investment?• How will we manage the everyday How will we manage the everyday

financial activities of the firm?financial activities of the firm?

HousekeepingHousekeeping

Attendance RosterAttendance Roster Textbook: Textbook: www.mhhe.com/rwjwww.mhhe.com/rwj

• Narrated Power PointNarrated Power Point• Interactive Key ConceptsInteractive Key Concepts• Excel Templates!!!Excel Templates!!!• Key Term FlashcardsKey Term Flashcards• Appendix B & D *** Do It RightAppendix B & D *** Do It Right

Copy/Laminate/NO STRAY MARKS!!!!Copy/Laminate/NO STRAY MARKS!!!!

OK – But Why Are You Here?OK – But Why Are You Here?

To hang out for a few years & have fun?To hang out for a few years & have fun? Because Mom & Dad sent you … & you Because Mom & Dad sent you … & you

had to go somewhere?had to go somewhere? It can’t be to avoid the draft, like the It can’t be to avoid the draft, like the

60’s.60’s.

OR: Do you want to GET something here, OR: Do you want to GET something here, something you can use later?something you can use later?

Get the Sizzle!Get the Sizzle!

Make yourself competitive in Make yourself competitive in tomorrow’s market – have a sizzle to tomorrow’s market – have a sizzle to sell!sell!

Make yourself marketable!Make yourself marketable! … … but if it’s hang out & have fun – drop but if it’s hang out & have fun – drop

this quick! Switch to Humanities.this quick! Switch to Humanities.

If you want to learn – this is “God’s If you want to learn – this is “God’s little school house” – all around you!little school house” – all around you!

Types of ClassTypes of Class

Teach/Learn – reflection: teach the Teach/Learn – reflection: teach the students and learn from them as well students and learn from them as well … the productive route.… the productive route.

Entertain the students and get a Entertain the students and get a good report on the faculty review good report on the faculty review sheet at the end of the semester … sheet at the end of the semester … the popular route.the popular route.

FinanceFinance

What’s real … what worksWhat’s real … what works What’s it like “out there”What’s it like “out there” We’ll work our tails off in the short We’ll work our tails off in the short

time we’re together to give you a time we’re together to give you a sizzle: knowledge and experience sizzle: knowledge and experience which is marketable!which is marketable!

Help you be that 1 in 10, or 1 in 40, Help you be that 1 in 10, or 1 in 40, or 1 in 100 that’s going to get hired.or 1 in 100 that’s going to get hired.

More HousekeepingMore Housekeeping

SyllabusSyllabus OH projectorOH projector

Ethics PledgeEthics Pledge

HomeworkHomework

Read Chapter 1Read Chapter 1 Answer Questions 1.1, 1.2, 1.3, 1.5, Answer Questions 1.1, 1.2, 1.3, 1.5,

1.6, 1.7, 1.9, 1.10, 1.15 …. 1.21.6, 1.7, 1.9, 1.10, 1.15 …. 1.2

HAVE A GREAT WEEKEND!HAVE A GREAT WEEKEND!