In this Podcast, Prof Chris Merkel joins Jim and Scott to discuss BFM 2750V, Industry Financial Business Acumen. Chris shares the class subjects such as how Industry assess their priorities leading to how that influences their business decisions. The course then addresses, from a government perspective, how knowing this process can help us reach better acquisition outcomes. Chris explains how this Financial Management course can be of great benefit to those in the Contracting field as well, by looking at financial responsibility and understanding how the proportion of fixed costs in the cost pool for an indirect rate can have a significant impact on the rates. Chris provides a thorough breakdown of this class and the aspects that can help both financial managers and contracting professionals.