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Fundamentals of Finance

University of Almeria
2 weeks
Study abroad program
On campus
05 July 2021

Program description

Fundamentals of Finance (What You Should at Least Know about Finance)

Understand financial information is very useful in both our personal and business lives. This is a basic course on what you should know about Finance even (or specially) if you are not a Business School student or you are not working in a Finance Department.

Individuals taking charge of their personal finances must take decisions such as:

  • When to start saving and how much to save for retirement,
  • Whether a car loan or lease is more advantageous,
  • Whether a particular stock is a good investment, and
  • How to evaluate the terms for a home mortgage.

In your business career, you may face questions such as:

  • Should your company launch a new product?
  • Which supplier should your firm choose?
  • Should we produce a part or outsource production?
  • Should we issue new stock or borrow money instead?
  • How can you raise money for your start-up firm?

All these decisions have a financial implication and would benefit for a better understanding of the basic concepts and tools of Finance.

Admission requirements

Course Prerequisites: Aged 18, or above

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Program content

Module A - Concepts And Tools Of Finance

  • The time value of money and the interest rates
  • Compounding and discounting
  • Annuities
  • Loan amortization

Module B - Introduction to Financial Statement Analysis

  • The Balance Sheet and the Income Statement
  • The Statement of Cash Flows
  • Other Financial Statement Information
  • Financial Reporting in Practice

Module C - Fundamentals of financial Management

  • Value and principles of valuation
  • Investment appraisal methods
  • Risk in investment appraisal

Module D - Financing a Start-up

  • Love money, venture capital, and bank loans
  • Financing a start-up in practice

Tuition fees

Cost of the Tuition (Standard Payment):

  • 900€ (shared double room)
  • 1000€ (single room)


ECTS Credits: 6

The main objective of this course is to help students understand and use the basic tools of finance in order to make better financial decisions.

Upon successful completion of the course students will be able to:

  • Distinguish and apply basic concepts in Finance.
  • Know and analyze the financing options for a new business or project.
  • Value distant and uncertain cash flows and move through, that is using compounding and discounting.
  • Distinguish the main financial statements of a company and use the relevant information from these statements.
  • Appraise investment projects and make investment decisions based on this appraisal.

Contact school

Want to know more about this program, Fundamentals of Finance? Fill out the following form and include any questions you have. This information will be sent directly to the school, and a representative will respond to your enquiry.


Welcome to UAL


About this institute

University of Almeria

Founded in 1993, the University of Almería (UAL) is a public higher education and research university ranked in the Top 40 nationally, and top 1000 worldwide. We offer 34 Bachelor and 44 Master Degrees, as well as 14 PhD programmes...

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Contact info

University of Almeria

Ctra. Sacramento
04120 Almeria

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Contact school

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