Working Capital Management
PEPPERDINE UNIVERSITY
THE GEORGE L. GRAZIADIO
SCHOOL OF BUSINESS AND MANAGEMENT
PROFESSOR CHUCK MCPEAK
MBAM-633.13
WORKING CAPITAL MANAGEMENT
SPRING 2006 SESSION B
WEDNESDAY
8AM-NOON
MALIBU
SYLLABUS
WORKING CAPITAL MANAGEMENT
MBAM-633.13
SPRING 2006 SESSION B
Wednesday 8AM-Noon
Malibu
Office (310) 506-4875
Professor Chuck McPeak Home (310) 545-6921
217 23rd St. FAX (310) 546-7671
Manhattan Beach CA 90266 Email charles.mcpeak@pepperdine.edu
Course Description
This course provides advanced coverage of working capital management and the interrelationship between current assets and current liabilities. Detailed analysis of sources of short-term financing and strategic management of these sources is provided. Other topics include: selection of appropriate short-term investments, evaluating trade credit terms and credit scoring systems, establishing banking relationships, collections, creating cash budgets, and forecasting cash flows.
Course Objectives:
At the conclusion of this course the student should be able to demonstrate and communicate managerial level skills in the following areas:
1.Analysis of working capital management in an operating company.
2.Measurement and analysis of solvency, liquidity, and financial flexibility.
3.Application of time value of money concepts to working capital.
4.Optimizing the size and the ordering of inventory.
5.Analyzing, managing and collecting receivables.
6.Optimizing the use of payables.
7.Establishing and managing systems for the collection, concentration and disbursement of cash.
8.Forecasting short term cash flows.
9.Analysis and selection of short term investments.
10.Impact on working capital of production, information technology, ethical issues and regulatory issues.
11. Analyzing working capital issues in a small group.
Texts and Course Materials
1.Maness and Zietlow “Short-Term Financial Management”, Third
THE GEORGE L. GRAZIADIO
SCHOOL OF BUSINESS AND MANAGEMENT
PROFESSOR CHUCK MCPEAK
MBAM-633.13
WORKING CAPITAL MANAGEMENT
SPRING 2006 SESSION B
WEDNESDAY
8AM-NOON
MALIBU
SYLLABUS
WORKING CAPITAL MANAGEMENT
MBAM-633.13
SPRING 2006 SESSION B
Wednesday 8AM-Noon
Malibu
Office (310) 506-4875
Professor Chuck McPeak Home (310) 545-6921
217 23rd St. FAX (310) 546-7671
Manhattan Beach CA 90266 Email charles.mcpeak@pepperdine.edu
Course Description
This course provides advanced coverage of working capital management and the interrelationship between current assets and current liabilities. Detailed analysis of sources of short-term financing and strategic management of these sources is provided. Other topics include: selection of appropriate short-term investments, evaluating trade credit terms and credit scoring systems, establishing banking relationships, collections, creating cash budgets, and forecasting cash flows.
Course Objectives:
At the conclusion of this course the student should be able to demonstrate and communicate managerial level skills in the following areas:
1.Analysis of working capital management in an operating company.
2.Measurement and analysis of solvency, liquidity, and financial flexibility.
3.Application of time value of money concepts to working capital.
4.Optimizing the size and the ordering of inventory.
5.Analyzing, managing and collecting receivables.
6.Optimizing the use of payables.
7.Establishing and managing systems for the collection, concentration and disbursement of cash.
8.Forecasting short term cash flows.
9.Analysis and selection of short term investments.
10.Impact on working capital of production, information technology, ethical issues and regulatory issues.
11. Analyzing working capital issues in a small group.
Texts and Course Materials
1.Maness and Zietlow “Short-Term Financial Management”, Third