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1. Copyright © 2008 by The McGraw-Hill Companies, Inc. All rights reserved.
McGraw-Hill/Irwin
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Chapter 1
Introduction to
Financial
Management

2. 1-1 1-1
1
Key Concepts and Skills
• Know the basic types of financial
management decisions and the role of
the financial manager
• Know the financial implications of the
different forms of business organization
• Know the goal of financial management
• Understand the conflicts of interest that
can arise between owners and
managers

3. 1-2 1-2
2
Chapter Outline
• Finance: A Quick Look
• Business Finance and The Financial
Manager
• Forms of Business Organization
• The Goal of Financial Management
• The Agency Problem and Control of the
Corporation
• Financial Markets and the Corporation

4. 1-3 1-3
3
Basic Areas Of Finance
• Corporate finance
• Investments
• Financial institutions
• International finance

5. 1-4 1-4
4
Investments
• Work with financial assets such as
stocks and bonds
• Value of financial assets, risk versus
return, and asset allocation
• Job opportunities
– Stockbroker or financial advisor
– Portfolio manager
– Security analyst

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5
Financial Institutions
• Companies that specialize in financial
matters
– Banks – commercial and investment, credit
unions, savings and loans
– Insurance companies
– Brokerage firms
• Job opportunities