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Course Introduction
Managers who compile financial reports and stockbrokers working on Wall Street both claim to "work in finance". So, what exactly is it? Finance is the management of a company's money and scarce resources. It is distinct from accounting: while accounting aims to organize and compile past information, finance is geared toward deciding what to do with it. Firms keep detailed financial records to distribute organized reports to managers, shareholders, and government regulators. This introductory ...
Course Introduction
In geometry, we study the rules of the spaces and objects in our world. Geometry allows us to make accurate predictions about the sizes of triangles, circles, and rectangles, which lets us calculate, design, and build. Geometry helps architects design studios, farmers buy the right amount of seeds for their land, engineers build houses, and pilots calculate the amount of time they need to fly to reach another city. We use geometry to calculate how much paint we need to buy to cover a wall and...
Course Introduction
{GENERICO:type="QuickInfo-2",time="48"} [M.C.Escher staircase drawing]In geometry, we study the rules of the spaces and objects in our world. Geometry allows us to make accurate predictions about the sizes of triangles, circles, and rectangles, which lets us calculate, design, and build. Geometry helps architects design studios, farmers buy the right amount of seeds for their land, engineers build houses, and pilots calculate the amount of time they need to fly to reach another city. We use g...
Course Introduction
{GENERICO:type="QuickInfo-2",time="33"}Managers who compile financial reports and stockbrokers working on Wall Street both claim to "work in finance". So, what exactly is it? Finance is the management of a company's money and scarce resources. It is distinct from accounting: while accounting aims to organize and compile past information, finance is geared toward deciding what to do with it. Firms keep detailed financial records to distribute organized reports to managers, shareholders, and go...
Unit 1: Introduction to Finance
Whether you work on Wall Street or in a small company, finance is vital to every business. Understanding the fundamentals of finance is essential to business education. In this unit, we examine the goal of financial managers, which is to maximize shareholders' wealth. We also explore the advantages of business organizations operating in the United States. In this unit, we introduce how U.S. financial markets work and the general terminology used throughout the field. We also review ethical is...
