Reflection
Looking back on this term, what was your favorite topic from the course?
What perceptions about finance were either reinforced or changed? How
do you think you will use the information you've learned in this course
as you pursue your career goals?
Well most of the course was challenging but the information that i have gained in this course will be utilized in my goal of creating my own business. My perceptions about finance were more reinforced because it was on a more complex level and i question certain aspects of finance but things were made clear when it was discussed in a more clear fashion.
ReplyDeleteI honestly think this course was challenging for all of us. But it is rewarding because the information we have received can go towards our life goals and everyday life.
DeleteI agree this course was very challenging but it's only the right thing to do by not giving up and keep going even though it's sometimes confusing, however I have learned that just by me investing into something doesn't mean that I will make a profit.
Deletechallenging is a good thing which sometime help you stay focus more on your feet, but sometime it more difficult because you got other personal things to take care off.
DeleteYou are correct Myron giving up is not an option and keep going on is the way
DeleteMe and I'm sure other students didn't think this course would be as difficult but it is good to have a challenge here and there especially in school. With other personal issues this course did not help but it brings motivation to stay all the way through class till 10:30 and complete everything and be there for all the notes.
DeleteWow, glad to hear i wasn't the only one feel as such. Yes, challenging, but gave more reason to finish! As you, Maverick, I also question certain parts but because so my interest in finance increased!
Deletenicely put maverick! I also question certain aspect of the course. But because so, my interest in finance has increased!
DeleteMy favorite discussion we have had in this class was analyzing causes of our recent economic recession and stock valuation.
ReplyDeleteRecession is defined as when businesses cease to expand, the GDP diminishes for two consecutive quarters, the rate of unemployment rises and housing prices decline. It began with banks creating huge sums of new money by making loans and then debt rising quicker than incomes. Eventually many people became unable to keep up with repayments. At this point, they stopped repaying their loans and banks found themselves in danger of going bankrupt. Therefor the government had to bail many industries out and the economies productivity trickled down. It is important to understand the recession to understand why are current business market is the way it is. As a business major this provides me with valuable incite to ethical financial practices.
Stock valuation is the method of calculating the value of a companies stock. I enjoyed learning about this because I hope to be able to invest monies by purchasing stocks. Using the simple and basic stock valuation formulas we have learned can help me start out investing in a smarter and more calculated way.
You're right Sir, I didn't know this was an issue until you announced it in class, so thanks for the insight on our economy. I also didn't know that banks are lending money that they don't have?
DeleteCorporate finance is the area of finance dealing with the sources of funding and the capital structure of corporations and the actions that managers take to increase the value of the firm to the shareholders, as well as the tools and analysis used to allocate financial resources. Although it is in principle different from managerial finance which studies the financial management of all firms, rather than corporations alone, the main concepts in the study of corporate finance are applicable to the financial problems of all kinds of firms. Corporate finance generally involves balancing risk and profitability, while attempting to maximize an entity's wealth and the value of its stock, and generically entails three primary areas of capital resource allocation.
DeleteI also did like the stock valuation topics. My biggest confusions was knowing which equations to use. But because of this topic, i do look into the stocks section in the times!
DeleteMy favorite topic from this course is the fact of knowing that risks and returns are very important in every company. The definition of risks is the process of any company investing in certain stocks without knowing if they will lose money or not, that's the risk. But the return is how much of a profit that they will make. My perceptions of finance changed because I wasn't aware that debt can be a good thing due to you not having to owe so much money back. I'll use this information to my advantage and let my company know in the future to not invest all their funds into one stock but it's best to borrow.
ReplyDeleteYeah I also though of debt being a bad thing to have but its good to have because that's how you get credit from your past history.
DeleteFinancial position: is concerned with understanding the personal resources available by examining net worth and household cash flow. Net worth is a person's balance sheet, calculated by adding up all assets under that person's control, minus all liabilities of the household, at one point in time.
DeleteThat would be good advice to give a company Myron. The more they have spreaded around would probably mean less of a lost.
DeleteMy favorite topic from this course is stock valuation. It makes me want to learn more about the stock market. Even though stock prices change every day I'm still interested in having a stock. My perceptions about finance have changed and it makes me feel like exploring finance even more. I will use financing to purchase products like a house, or a business.
ReplyDeleteI agree learning about the stock valuation was the most interesting.
DeleteYes having knowledge of the stock market is great knowledge to have
Deletegreat opinion
DeleteWhen I worked for CompUSA, I gain some knowledge about the stock market. But, with this course I was able to get a better understand of the stock market.
DeleteI agree it's always a good thing to find out a variety of way to make money instead of working an hourly job. Investing is the easiest way to make money without having to lift a hand.
ReplyDeleteInvesting is and has always been a silent way of generating large revenue for investing the time required and the return is always more than what you started with if you let the money accrue value properly.
Deletewhen i look back in this class i think my favorite topic is learning about Bonds and yields and how to calculates different types of bond prices because i think it will be very helpfull to me in the future to learn more about finances, and how the stock market really works. and my perceptions of finance i think it is very important to understand finance for future reference because it will be very helpfull to anyone in the long one. and i think i will use the information to the best of my ability to help me learn more about finances in the future.
ReplyDeleteAs I look back at this term first I survived Finance 101. I really enjoyed the class learning more about how our economy works. I also learned why some companies go public, and the steps it take to go public. One of my favorite chapters was Part 3, Investments (all chapters). I enjoyed learning how to calculate the future value of stock and bonds. This has taught me how to calculate and save for my retirement. For example, If I want to have lets says 250,000 in a account by the time I am 65, I learned how to calculate how much I would have to start putting away now, if I want that amount. I also enjoyed learning about bonds, and how they are purchased (the quantity). Learning about finances was quite enjoyable. The information I learned in this class will help me in my career as a business person, For example, if I work for a marketing firm and we need to analysis how our client's stock is doing, I will be able to determine the dividend and the internal return rate for the company. This will also help me if my clients are looking for short-term and long term investments I now have the knowledge to better evaluate a company's performance and explain to them what changes need to be made.
ReplyDeleteI agree learning about how the economy works and other areas of finance will help be better for themselves in the future.
Deletethat's why when I make it big your coming along with me!!!
DeleteBrenda,
DeleteI stand in agreement with you on the surviving finance 101. This has been a bit challenging for me, but thanks to you and Matt for helping me to figure out the small steps I kept forgetting. I can admit that I am not as intimidated by math as I once was.
Aw thanks you all for the kind words, I have always been interested in learning about finances. Just didn't know it covered so much of how our money works, not just on the market but in the banks too.
DeleteVery good job Brenda! I enjoyed that chapter as well, that chapter was very helpful. Learning how to invest will be very helpful in my business career.
DeleteMy favorite subject was Finance because it is a field closely related to accounting that deals with the allocation of assets and liabilities over time under conditions of certainty and uncertainty. Finance also applies and uses the theories of economics at some level. Finance can also be defined as the science of money management. A key point in finance is the time value of money, which states that purchasing power of one unit of currency can vary over time. Finance aims to price assets based on their risk level and their expected rate of return. Finance can be broken into three different sub-categories: public finance, corporate finance and personal finance.
ReplyDeleteI enjoyed part of finance know that it is over.
ReplyDeletemeant to say knowing that it is over
DeleteWell Finance is an ongoing lesson in life you learn something new everyday with the various issues and events that happen in business everyday
DeleteWell at least you don't have to worry about the grade :)
DeleteI enjoyed the part where we discussed investment and how to save in our IRA's
ReplyDeleteYes having knowledge of investments and how to save in our IRA'S is very vital knowledge to have
DeleteLooking back on this term, my favorite topic of this term would probably have to be stock evaluation because it is useful to begin planning for the future.The perception that was reinforced is that finance is constantly changing and that good management skill is requires. I think I would use this course to accurately evaluate which stock should be bought for retirement.
ReplyDeletegreat opinion
DeleteThank you and good luck!
Deletemy favorite topics were on stocks and bonds, we got to learn more about how the investment actually works, nothing was reinforced or changed because these formulas and calculations were all new to me. in my career I suppose it will give me inside knowledge on how things are calculated
ReplyDeleteWMCC (Weighted Marginal Cost of Capital) schedule and the IOS (Investment Opportunities Schedule) by far. It showed me how I can calculate on if something is worthy of investing in or not. I now realize and respect what finance people have to go through. All these calculations and numbers they have to work with on a daily basis I know for one I would not be willing to do. I learned in the future I will hire someone to do these tedious calculations for me because I wouldn't have the patience.
ReplyDeleteYES! To hire an expert in this was an important lesson learned! to lower my risking of investing in a stock and not knowing it's potential, and of course for the tediousness!
DeleteFinance presented a real challenge as a course for me and I respect for being so. The face values of stocks and bonds versus the actual price of obtaining them was also learned more in depth through this course which I was unaware of at first. The PVAIF formula's and the other formulas were useful yet complex to a degree but I believe that if I applied more skills to learning Finance I could go into a career with this field someday.
ReplyDeleteMauri,
DeleteThe tables with the index factors proved to be a challenge for me as well. At times, I was unsure of which one to use. Thanks to a classmate, along with the instructor's advice to re read each statement carefully, which will determine which table to use.
I agree Mauri that I also applied more skills to learning fiancé then I will use in my field. But we do not what the future holds for us we may need the information but having the knowledge is also great. The formulas were very challenging not the formulas in it self but where to input them.
DeleteLooking back on this term, I realize that there were no favorite chapters. However, I believe that this class was important, being that we were exposed to the financial aspects of business and personal investment. Everyone in this class have had some experience with finance. If you have ever wrote a check, received a check, balanced your bank book, or even attending college, then you have dinner form of knowledge of finance. This class had made us all aware of what we didn't know, and reinforced what we already knew.
ReplyDeleteI do agree with you also Jennifer because we do use finances in our everyday life. Finance helps explain the end outcome of when we put monies in the bank what the financial do with our funds and the investments that's available to us.
DeleteWell said! Through its difficulties and confusions, my curiosity in finance has spiked. Mostly due to the fact that, yes we all (especially those in business) deal with finance in a way or other. Not knowing is the worst RISK!
DeleteMy farvorite topic of Introduction to Fianance is Bonds. I always had an interest in purchasing bonds. Now that I know there are risks involved I have a better view on what bonds to purchase. I did not know of all the risk that are involved like the inflation risk, credit risk and prepayment risk. Finance will help me in my personal investment future. The class was challenging Mr. KG extreme knowledge of the subject made the class more exciting.
ReplyDeleteThis course was difficult for me to understand. I still have plenty of questions ( most i dont even know how to ask) but this will only make me look into it more. On the flip side, the topics i did gain interest were on the value of the dollar! Because of that info i'm very interested in the stock exchange! As a small business, i would like to learn more on Risks.
ReplyDeleteI know exactly what you mean on the subject being difficult but those I do get I really like them.
DeleteTaking this term I have become more acknowledgeable of finance, but the course itself was a very good topic. Learning about the value of money, how to invest, and when to invest. With the inform gained from this course, I believe this will help me in my career as I purse to become a business owner.
ReplyDelete