Course Description:

This course is a study of the functions of business finance. It covers basic financial principles such as money, banking and interest rates. Discussed in detail are the nature of money, financial intermediaries, money creation, central banking, demand for money, how interest rates are determined and fiscal policies, interest rate and investment. Also discussed are basic concepts international business and the role of global financing, investing and operating activities and their impact on business and trade. The main purpose of the course is to provide the students with the basic financial background necessary to understand the corporate segment of the economy.

At the end of course, the students should be able to:

1. To understand the role of finance in nation building and its effect to the economy in general and to the family in particular;
2. To know the composition of the Philippine financial system and how it works in the economy; and
3. To be able to distinguish and appreciate the roles played by the Bangko Sentral ng Pilipinas and Department of Finance in the nation’s financial activities.

All school requirements must be complied with. Passing grade is raw score of 65%