ADMS 3530 Lecture Notes - Lecture 1: Takeover Target, Retirement Planning, Retained Earnings

• School: York University
• Department: Administrative Studies
• Course: ADMS 3530
• Professor: King Lois

Document Summary

Note: chapter 1 (unit 1) is very conceptual in nature. Most of the other units in this course are very calculation-based, so make sure you purchase a financial calculator before starting unit 2 . (see course materials file posted on moodle for the different options) Finance studies and addresses the ways in which individuals, businesses and organizations raise, allocate and use monetary resources over time, taking into account the risks entailed in their projects. The term financial market usually means is a mechanism that allows people to easily buy and sell financial securities (such as stocks and bonds) at low transaction costs and at fair prices. Categories of finance: corporate finance, public (government) finance, personal finance. Corporate finance - an area of finance dealing with the financial decisions that corporations make, and the tools and analysis used to make these decisions.