B A 323 Lecture Notes - Lecture 1: Agency Cost, Managerial Finance, Chief Operating Officer
Document Summary
Basic areas of finance: corporate finance = business finance = managerial finance, investments, financial institutions, international finance. Investments: work with financial assets such as stocks and bonds, value of financial assets, risk versus return, and asset allocation, job opportunities, stockbroker or financial advisor, portfolio manager, security analyst. Financial institutions: companies that specialize in financial matters, banks commercial and investment, credit unions, savings and loans, insurance companies, brokerage firms, job opportunities. Why study finance: relevant to all other areas of business, you will be judged financially, so that you can be aware. Financial manager: financial managers try to answer some, or all, of these questions, chief financial officer (cfo) = top financial manager, under board of directors, ceo, and usually coo. Forms of business organization: sole proprietorship, partnership, general regular partnership, limited (lp) st(cid:396)uctu(cid:396)e (cid:449)he(cid:396)e all the pa(cid:396)t(cid:374)e(cid:396)s a(cid:396)e (cid:862)li(cid:373)ited pa(cid:396)t(cid:374)e(cid:396)s(cid:863) e(cid:454)cept fo(cid:396) (cid:373)ai(cid:374) o(cid:374)e is a (cid:862)ge(cid:374)e(cid:396)al pa(cid:396)t(cid:374)e(cid:396)(cid:863, corporation.