FINC 633 Working Capital Management (2)

This course provides advanced coverage of working capital management and the interrelationship between current assets and current liabilities. Detailed analysis of sources of short-term financing and strategic management of these sources is provided. Other topics include selection of appropriate short term investments, evaluating trade credit terms and credit scoring systems, establishing banking relationships, collections, and creating cash budgets and forecasting cash flows. Also covered in class discussions are the U.S. financial environment, payment systems, electronic commerce, and their influence on developing optimal cash management systems. This class is designed to help students prepare for the Certified Cash Manager (CCM) professional designation. Prerequisite(s): Full-Time-ACCT 602 Cost Accounting (2) or equivalent and FINC 604 Managerial Finance (2) or FINC 614 Finance (4) and FINC 614B Advanced Financial Management (2). Fully Employed-FINC 655 Financial Management of the Firm (4).