WEBSTER UNIVERSITY • WESTPORT, ST LOUIS, MO • GEORGE HERBERT WALKER SCHOOL OF BUSINESS & T ECHNOLOGY
• BUSINESS DEPARTMENT

BASIC FINANCE FOR MANAGERS
BUSN­5200
SU 2015 Section 07 3 Credits
06/01/2015 to 07/31/2015 Modified 05/20/2015

MEETING TIMES
Thursday, 5:30 PM to 9:30 PM, Westport Campus

CONTACT INFORMATION
Mike Boland
Email: michaelboland57@webster.edu (mailto:michaelboland57@webster.edu)
Phone: 636­236­3636

DESCRIPTION
Managers and human resources management professionals must be able to understand financial information contained in financial statements and reports. Line managers must be able to understand financial information contained in financial statements and reports in order to evaluate their unit's financial performance, to communicate clearly with other managers, and to apply financial information when making decisions. Human resources management professionals must understand financial statements and principles if they are to effectively assist line managers and be strategic partners with other business functions. This course will focus on the interpretation and use of basic financial information by non­financial managers, not on the production of financial statements and reports. (FINC
5000 cannot be substituted for BUSN 5200.)

Requisites
None

OBJECTIVES

OUTCOMES
Outcome

Expectation

Students have a basic familiarity with the field of finance and an understanding of the financial goal of a business, and they have an appreciation for the ethical considerations inherent in financial management. Students can explain the broad structure of the financial field, how the finance department functions in a typical organization and they can define the financial goal of all business firms, differentiating between wealth and profit maximization. Also, students can give illustrations of the