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"Degrees & Programs"


Finance for Business




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Please Note: Attendance and participation are mandatory in all University courses, and specific requirements may differ by course. If attendance requirements are not met, a student may be removed from the course. Please review the Course Attendance Policy in the Catalog for more information.

University of Phoenix reserves the right to modify courses. While widely available, not all programs are available to residents of all states. Please check with a University Enrollment Representative.

Course level: Undergraduate

This course introduces the student to the essential elements of finance for business. Emphasis is placed on financial management, financial markets, and the tools, techniques, and methodologies used in making financial decisions. Topics include: financial statement analysis, time value of money, financial markets and institutions, risk and return, financial planning, and international finance.



What you'll learn

Course skills and outcomes

Finance and Financial Statement Analysis

  • Summarize the role of finance in business, the goal of the firm, and agency theory.
  • Evaluate a firm’s historic and projected future performance from its financial ratios.

Time Value of Money

  • Identify time value of money (TVM) concepts and their applicability to corporate financial analysis.
  • Apply the time value of money inputs (Present Value, Future Value, Rate, Number of Periods and Payment) to business and personal financial applications.

Bond Valuation and Stock Valuation

  • Calculate the price and yield of a corporate bond using time value of money (TVM) inputs.
  • Determine the value of common stocks using the dividend discount model and the constant growth rate model.

Risk and the Cost of Capital

  • Explain the concepts of risk, standard deviation, correlation, diversification and Beta.
  • Calculate the weighted average cost of capital.

Project Cash Flows and Capital Budgeting

  • Compute a project’s cash flows.
  • Calculate decision tools of net present value, payback, internal rate of return, modified internal rate of return, and the profitability index.


Why take courses at University of Phoenix

Accreditation that matters

We’ve been accredited by the Higher Learning Commission ( for more than 40 years.

Real-world instructors

Learn from instructors who bring an average of 25 years of working experience to the classroom.

Affordable and potentially reimbursable

Our tuition and fees are competitive and fixed. Also, check to see if your employer will cover you for this course.

Next Steps

Start a conversation about your future with an enrollment representative today.

Start a conversation about your future with an enrollment representative today.

Call (844) 937-8679

Transfer Credits

Credit Transfer

Credit Transfer

Need to transfer credits to another college or university?

Before you enroll in a course, check with your school of choice to make sure they will accept our transfer credits and to understand any requirements or limitations. Then you can complete your course, and request your official transcript be sent to your school. That’s it!

How to request your transcripts