This course introduces the fundamentals of financial management and provides a clear understanding of how businesses handle financial decision-making. It is designed for beginners, students, and anyone interested in learning the basic structure of corporate finance and financial systems.
The course begins with an introduction to financial management, explaining its role in planning, organizing, and controlling financial resources within a business. It highlights how financial managers make decisions that aim to increase business value and ensure efficient use of resources.
It then explores the legal forms of business organization, including sole proprietorships, partnerships, and corporations, and explains how each structure affects ownership, responsibility, and financial reporting.
A key topic in the course is the agency problem, which describes the conflict of interest that can arise between managers and shareholders. Learners will understand how incentives and governance systems are used to reduce these conflicts.
The course also introduces key financial statements, such as the income statement, balance sheet, and cash flow statement, and explains their importance in evaluating a company’s financial health.
By the end of the course, learners will have a solid foundation in financial management principles and a better understanding of how businesses operate financially in real-world environments.
