IUV207 Fundamentals of Finances

Code IUV207
Name Fundamentals of Finances
Status Compulsory/Courses of Limited Choice
Level and type Undergraduate Studies, Academic
Field of study Business Management and Administration
Academic staff Nataļja Lāce, Nadežda Semjonova, Valentīna Strautmane
Credit points 4.0 (6.0 ECTS)
Parts 1
Annotation Elements of financial system. State finance management. Firm's finance system and its goals. Credit system. System of banks. Securities market. Management of the assets and capital of the firm. Investments management. Management of financial risk. Currency exchange market. System of insurance. Management of the firm in case of insolvency..
Goals and objectives
of the course in terms
of competences and skills
Learning outcomes
and assessment
Is able to calculate the value of money in different periods, loan amounts for different types of loans, value for different kinds of cash flow. - 1) Group work 2) Independent work
Is able to evaluate the company's financial performance. - 1) Group work 2) Independent work
Can evaluate the effectiveness of investment projects. - 1) Group work 2) Independent work
Students mastered the theoretical subject; be able to use and explain financial terminology; is able to calculate and analyze practical tasks. - Independent work
Course prerequisites Mathematics, Economics, Tax system, Law

[Extended course information PDF]