Description
In the real world, finance exists. It has an impact on everyone: individuals, families, businesses, and governments. While it may appear complicated, finance is fundamentally about deciding what to buy, obtaining the funds required to purchase it, and efficiently managing the resources you already own. Jim and Kay Stice, business professors at Brigham Young University, provide a comprehensive overview of finance in this course, covering everything from reading a balance sheet to understanding derivatives and securities. They answer questions like, "What is the difference between short-term and long-term financial management?" as well as "What is the difference between a traditional bank, an investment bank, and an investment fund?" Along the way, you can get a behind-the-scenes look at financial reports from companies like Walmart and Toys "R" Us, Microsoft and Facebook IPOs, and even data that goes into personal financial decisions like deciding whether to buy a car.