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The concept map will encompass chapters 1 - 8 of the textbook, Foundations of Financial Management, 11th Canadian Edition, Block, Hirt, & Short, McGraw-Hill Ryerson

The concept map will encompasschapters 1 - 8of the textbook, Foundations of Financial Management, 11th Canadian Edition, Block, Hirt, & Short, McGraw-Hill Ryerson 2018

Concept maps are an effective tool for organizing information and allowing the reader to understand the various components of a topic, and the interrelations amongst different topics. If you are unfamiliar with completing a concept map, please review the following video to get an understanding of what they are:

https://youtu.be/8XGQGhli0I0 (it is not recommended to use the software advertised in this video)

Developing a concept map for Financial Management

create concept map that links the concepts learned throughout the course to each other to show as many connections between the material as you can. Your map will need to include concepts from all of the chapters, and provide explanatory comments or effective use of arrows, shapes, etc. to demonstrate your understanding of the linkage between chapters.

The concepts throughout BUAD 195 are very integrative in nature. For example, in the early part of the course we will learn about preparing balance sheets, which include accounts receivable. We will perform ratio analysis involving those accounts receivable. Near the end of the semester, we will talk about financial management policies around accounts receivable, such as how long we should allow our customers to pay. The topics build on each other.

An effective way to begin your concept map is to start with the topic 'Financial Management', and your first branches from that topic will be chapters 1 - 8. You can then branch off of each chapter with specific topics from that chapter, and begin to connect and link those topics between chapters as we progress through the semester.

Generating this concept map will ensure you have a deep understanding of how the elements of the course interact with each other.

Structure of the concept map

Your concept map may be developed on paper or electronically. If developing electronically, you may want to consider the use of software like Excel or OneNote to complete it. Powerpoint may limit how much space you have, and Word will lead to significant formatting issues.

There are numerous other tools available for free that may allow you to complete the concept map. If you plan on using one, please ensure you will be able to export a file that can actually be submitted to the dropbox and viewed by the instructor.

Suggestions and pointers for completing the concept map

Effective use of colors, different types of shapes, and lines will help improve the clarity of your concept map.

The number of topics necessary in your map will depend on each chapter. Longer chapters may or may not have more topics to consider for your map.

please refer to Foundations of Financial Management, 11th Canadian Edition, Block, Hirt, & Short, McGraw-Hill Ryerson 2018

please refer to the link in the comment for the chapter slide

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