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FMGT 2540 - Working Capital Management

Financial Management Part-time Studies Course

School of Business

Course Details

Enables students to understand the relationships between current assets and current liabilities in different types of organizations, to appreciate the trade-offs inherent in a firm's working capital policy and to carry out a basic analysis of a firm's working capital management in comparison to others.

Prerequisite(s)

FMGT 1100 or FMGT 1105

Credits

2.5

Cost

$524.36

Fall 2019

Below is one offering of this course for the Fall 2019 term.

CRN 46588

Thu Sep 19 - Thu Dec 05 12 Weeks

Class Meeting Times

Dates Days Times Locations
Sep 19 - Dec 05 Thu 18:30 - 21:30 BBY SW01 Rm. 3570

Instructor

Tom McDonald

Course Outline

TBD – see Learning Outcomes in the interim

Cost

$524.36

This course offering is in progress. Please check back next term or subscribe to receive email updates.

In Progress

Learning Outcomes

Upon successful completion, the student will be able to:

  • Identify working capital management considerations for permanent components, the impact of sales/production schedules and liquidity versus risk.
  • Solve financial ratios that measure profitability, asset utilization, liquidity, and debt utilization.
  • Prepare a cash budget and explain its various uses by a firm.
  • Identify the cash flow cycle of the firm.
  • Differentiate the risks and profitability of financing assets in terms of hedging.
  • Analyze the major elements of cash management.
  • Interpret accounts receivable as an investment from the firm's credit policies, outline the considerations in granting credit, and evaluate a credit decision that changes credit terms to stimulate sales.
  • Assess trade credit as a form of financing and calculate its cost if the discount is forgone.
  • Analyze short term bank financing and calculate interest rates for various types of loans.
  • Evaluate inventory as an investment and apply techniques to reduce the costs of this investment.

Effective as of Winter 2016

Related Programs

FMGT 2540 is offered as a part of the following programs:

School of Business

  1. Accounting
    Full-time   Diploma
  2. Accounting
    Part-time   Diploma
  3. Finance
    Full-time   Diploma
  4. Finance
    Part-time   Diploma
  5. Financial Planning
    Part-time   Diploma
  6. Financial Planning
    Full-time   Diploma

Books & Supplies

The BCIT bookstore carries textbooks, general reference books, software, and stationery. Please visit bcit.ca/bookstore for more information.

Fall 2019

Books for Fall 2019 offerings of this course are available in the following BCIT online bookstores. Please choose the bookstore appropriate for the offering you are considering.

BCIT Burnaby Bookstore

If you are taking this course, but are not taking it through either Distance Education or Online Learning, nor at the BCIT Downtown Campus (DTC), please purchase books for this course at the BCIT Burnaby Bookstore.

Image not available
Cei Digital: Foundations Of Financial Mgmt, 11Th Ce-Connect W Smartbook(1 Yr)
Author Block
Copyright 2018
Binding Digital Version
ISBN 978-1-25927-235-6
Price $89.00
Choose One

Foundations Of Financial Management W Connect & Smartbook, 11Th Cdn Ed
Author Block
Copyright 2018
Binding Kit/Set/Package
ISBN 978-1-25926-592-1
Price $166.95
Choose One

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