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Service Management and Leadership
Term : Summer 2018
Catalog Year : 2017-2018

SIMY 419 - Applied Finance For Managers


Description: Understanding the financial health of a company is critical to all managers who make decisions based on financial information. This course introduces students to the fundamentals of financial and managerial accounting, including an overview of key financial statements, financial concepts and analysis. Students learn how company financials and ratios relate to the overall goals of the enterprise. Includes a look into industry ratios and comparisons. Students will also gain an understanding of how each functional unit within an organization utilizes financial information and reporting to identify the health of their department. Students will be introduced to key measures and ratios within Sales, Marketing, HR and Information Technology, and how each department uses them to analyze and draw conclusions to assist in their day-to-day decision making. This course will require students to apply the concepts learned to create and analyze a multi-year financial report. A hypothetical company will be used as the backbone for this work product, course. Students may continue to use an organization they have used in an earlier SIMY course or choose to identify a new organization. Letter grade only.

Units: 3

Sections offered: Fall 2024 Spring 2025

Prerequisite: ENGY 102 and SIMY 259 and MATY 142 and Senior Status