Faith Intergration Busi 530

Faith Integration

Nathan Buchanan

Rebecca Featherman

Adrian R. Castaneda

Wilhelmina Davis

Liberty University

BUSI 530 Managerial Finance

Dr. William Ragle

May 04, 2013

Abstract

The purpose of this paper is to show how and why the precepts and principles found in Scripture are applicable to the world of business finance. The result of this application is that greater glory is brought to Christ as a result and that those operating within business as a whole are benefited as well. This is shown through the concepts and material taught within this class, as well as through the material of scholarly resources.

Faith Integration

Introduction

Throughout this course, the foundations of corporate finance have been discussed. Brealey, Myers & Marcus (2012) begin by introducing the basic concepts of corporate finance. Part two discusses value, part three explores risk, part four discusses financing, part five touches on debt and payout policy, while part six explores financial analysis and planning. In this course, these six parts are divided into eight modules. As Christians studying at a Christian institution, we have the unique opportunity to apply our newly acquired knowledge in a way that incorporates our biblical worldview. Below, the topics covered in the eight modules of this course will be tied into our biblical worldview.

Module 1

Module one introduces the concept of investment and financing decisions. These decisions are made by financial managers, such as the chief financial officer (CFO), treasurer and controller. Traditionally, the main goal of business and the driving force behind the financial manager’s decisions has been defined by maximizing profits. In an article featured in Review of Business, published by St. John’s University, Gary Chamberlain discusses the topic of Christians and their function in the professional world. “If vocation is considered as a service to self, others and the community, then the concept of the...