Prácticas de iniciación a las finanzas

Finance is a fundamental discipline in the business world. As a consequence, they occupy a fundamental place in the study plans of the Faculties of Economic and Business Sciences. Hence the need to have manuals like the present one, adapted to the new degrees and made in a didactic way so that the student can understand the subject by himself. This book contains multiple choice questions and practical cases corresponding to the theory developed in the Introduction to Finance manual, coordinated by María del Carmen Valls Martínez and published in this same publisher. In this way the student can check the degree of understanding of the theoretical knowledge acquired, as well as put their theoretical training into practice with a wide collection of exercises to achieve a comprehensive learning of the subject. The book is structured in five sections. The first section establishes the foundations of financial economics and financial management of the company: the axioms of Financial Economics, the basic elements and principles for the analysis of financial decisions, the role of the financial director, management based in the creation of value and the economic-financial operation of the company. The second section analyzes the environment for financial decisions: financial assets, institutions and markets. The third section studies the fundamentals for the analysis of financial operations: the value of money in time, the interest rate, capitalization and discount. The fourth section presents the different meanings of the term value and its calculation according to the General Accounting Plan, as well as the economic valuation of investments in an environment of certainty and risk. Finally, in the fifth section an introduction to portfolio theory is developed.