BAF 201 - Principles of Finance

Lecture Hours: 3 Credits: 3

Description: This is an introductory course to the field of finance. The monetary and credit system are examined along with how the demand for funds is met in both the public and private sector.

Prerequisite(s): Take ACC 101 with a minimum grade of C.

Course Topics:

Overview of the Financial System
Financial Institutions and Markets
Government Policy and the Financial System
Sources of Financing
Basic Financial Concepts and Terminology
Financial Decision-Making in Practice
Financial Statements and Analysis

Textbooks:
Textbook information can be found on the Chaser’s Bark Shop website

Grading System:
An overall grade of C or higher is required for transferability.

A = 90 - 100
B = 80 - 89
C = 70 - 79
D = 60 - 69
F = 0 - 59

Student Learning Outcomes:

Explain the structure and function of the monetary and credit system, including the roles of financial institutions, markets, and government policy in facilitating the flow of funds.
Distinguish between major sources of financing such as debt, equity, and financial intermediaries.
Apply fundamental financial concepts and terminology to real-world examples to evaluate basic financial decisions made by households, businesses, and government entities.
Demonstrate the use of accounting systems and financial statements in conjunction with various businesses and financial institutions.

For SCC Online Courses:
If the course you are taking is online, please review the SCC Online Course Policies that include:

Identity Verification
Required materials for all online courses
Mandatory Attendance Requirement
Orientation and Support
Proctored Exams

Standard SCC Course Policies:
Please review the Standard Course Policies on the following topics:

Academic Integrity
Add/Drop period
Attendance
Classroom Conduct
Equal Access
IT Access
Online Behavior
Online Confidentiality
Services For Students with Disabilities
Student Concerns
Student Help Services
Withdrawals

Official Course Syllabus
2026-2027