Elements of Finance
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Division: The New School for Public Engagement
School: Milano School of International Affairs, Management, and Urban Policy
Department: Milano General Curriculum
Course Number: NURP 5003
Course Format: Seminar
Location: NYC campus
Permission Required: No
Elements of Finance and Capital Markets ("EOF") addresses the animated debate being carried on in environmental policy and sustainability management, international affairs, nonprofit management, organizational change management, global economic development and urban policy about how to arrive at a variety of decision points that support job growth, business retention, and development on local, regional, national and international levels. Students develop confidence with accounting and financial concepts in order to analyze, influence and implement domestic or international economic development, environmental policy and sustainability management, public policy management and leadership decisions. Each participant is required to purchase and complete an assigned financial accounting self-study, entitled, Financial Accounting: A Management Perspective before the first class. The class makes extensive use of the case method, also known as participant centered learning, online testing tied directly to the course's textbook, learning team assignments, and group presentations. Also, there are two mandatory Saturday labs for the course. Participants will gain: (1) An understanding of the concepts and language of accounting and finance so it can be used as an effective tool for communication, monitoring, resource allocation and introductory risk analysis; (2) Mastery of the vocabulary of financial statements; and (3) Familiarity with how modern accounting, finance and control theory is used in evaluating economic development and organizational decisions.
Course Open to: Majors Only
Not open to Undergraduate students.