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WGU Financial Management Study Guide 2026/2027 Latest Update | Verified Questions & Answers | Exam Preparation

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Prepare for WGU Financial Management coursework and assessments with this comprehensive 2026/2027 Latest Update study resource. Review essential financial management concepts including financial analysis, time value of money, risk and return, capital budgeting, financing decisions, valuation, financial planning, and related business principles. Designed for WGU students seeking focused practice questions, structured review, and exam preparation, this resource helps reinforce key concepts and strengthen assessment readiness. Use alongside current WGU course materials, textbooks, and instructor resources for effective preparation.

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Financial Management


AUTHORS

James C. Brau, Ph.D., CFA, CFP®
Brigham Young University

Andrew L. Holmes, Ph.D., CFA
Brigham Young University

Benjamin M. Blau, Ph.D
Utah State University




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About the Authors




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0.1About the Authors

James C. Brau


This video can be viewed online.


James C. Brau


Dr. Jim Brau, a Professor of Finance, is the editor of the Journal of
Entrepreneurial Finance at the Marriott School of Management. He received his
undergraduate training at the United States Military Academy at West Point and
served three years as an Airborne Ranger infantry officer in the United States
Army and another five years in the Army National Guard and Army Reserves.
While in the reserves, Jim earned his Ph.D. from Florida State University in
business administration and finance. Jim joined the Marriott School faculty in
April 1999 and was honorably discharged as an Army Captain in June 1999. In
2004, Jim earned the Charted Financial Analyst designation. In 2011, he became
the Finance Department Associate Chair.

Among his awards are West Point Distinguished Cadet (top 5% of Senior class
in academics, physical fitness, and leadership), West Point dean's list all eight
semesters, FSU Phi Kappa Phi Outstanding Graduate Scholar Award
(Valedictorian), three FSU teaching awards (one college level and two university
level), four BYU teaching awards (three department level and one college level),
two BYU research awards (one department level and one college level), three
best-paper awards, and the BYU University Young Scholar Award (university-
wide).



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Andrew L. Holmes


This video can be viewed online.


Andrew L. Holmes


Dr. Andrew Holmes is a Professor of Finance at Brigham Young University.
Raised by entrepreneurial parents, he brings an innovative spirit to all his
endeavors. During his appointment as Associate Department Chair, Dr. Holmes
championed the process to create an independent finance major and developed
the curriculum.

Currently serving as Chair of the finance department at BYU, he is most
concerned with the acquisition and optimization of department resources to
ensure achievement of departmental goals in teaching and research. Dr. Holmes
has garnered a number of teaching awards during his time as a professor,
including the Teaching Excellence Award at the Marriott School of Management
and the Citizenship award for the BYU Department of Finance.


Benjamin M. Blau


This video can be viewed online.


Benjamin M. Blau


Dr. Benjamin Blau graduated with honors and received a Ph.D. in Finance from



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