TROY UNIVERSITY
MASTER SYLLABUS
SORRELL COLLEGE OF BUSINESS
FIN 4431
Intermediate Financial Management
Prerequisites
FIN 4432, FIN 4435, FIN 4437
Description
Analysis of financial management of a firm at the intermediate level, with emphasis on the
corporation. Includes more advanced analysis of topics covered in FIN 3331 as well as other
advanced topics. This is the capstone course for Global Business Major – Finance
Concentration.
Concentration Exit Exam
The Concentration Exit Exam has a 20% weight of the final course grade.
Objectives
On completion of the course, the student should be able to:
1. Analyze a firm’s financial condition using the balance sheet, income statement, statement of
cash flows, and statement of retained earnings.
2. Calculate payback period, net present value, internal rate of return, profitability index, and
accounting rate of return.
3. Determine a firm’s optimal capital structure and optimal capital budget.
4. Calculate and interpret a firm’s weighted average and marginal cost of capital.
5. Calculate quantity, price, total-revenue, and operating-income break-even points.
6. Calculate and interpret a firm’s operating, financial, and total leverage.
7. Forecast a firm’s additional funds needed, including retained earnings.
8. Calculate working-capital financing needs, including operating and cash conversion cycles
and the periods of inventory conversion, receivables collection, and payables-deferrable.
9. Analyze the price-per-share and earnings-per-share exchange ratios in cases of mergers or
acquisitions.
10. Prepare a cash budget for a firm.
11. Calculate the time value of money and security price and yield on a computer spreadsheet.
Master Syllabi are developed by the senior faculty in each business discipline. This Master Syllabus must be used as the basis for developing the
instructor syllabus for this course, which must also comply with the content specifications outlined in the Troy University Faculty Handbook.
The objectives included on this Master Syllabus must be included among the objectives on the instructor’s syllabus, which may expand upon the
same as the instructor sees fit. The statement of purpose seeks to position the course properly within the curriculum and should be consulted by
faculty as a source of advisement guidance. Specific choice of text and other details are further subject to Program Coordinator guidance.
1 August 2005
Master Syllabus: FIN 4431
2
Purpose
To provide comprehensive coverage of the financial management of a firm, including knowledge
of the advanced concepts and analytical tools necessary to manage the finances of a modern
corporation. BABA/BSBA Finance major requirement.
Approved Texts
Brigham, E. F., & Daves, P. R. Intermediate financial management (11th or current edition).
Mason, OH: Thomson/South-Western.
Supplements
As deemed appropriate.
Troy University Faculty Handbook (2010): Section 3.9.2.8 [extract] — essential elements of the syllabus (somewhat modified for space):
1. Course title
8. Classroom
2. Course number +
location
section
9. Office location +
3. Term
e-mail address
4. Instructor
10. Office telephone
5. Prerequisites
11. Course
6. Office hours
description,
7. Class days, times
objectives
12. Text(s)
13. Other materials
14. Grading methods, 16. General supports
criterion weights,
(computer works,
make-up policy,
writing center)
mid-term grade
17. Daily assignments,
reports
holidays, add/drop
15. Procedure, course
& open dates,
requirements
dead day, final
exam
18. ADA statement
23. Cheating policy
19. Electronic device 24. Specialization
statement
requirements
20. Additional
(certification,
services,
licensure, teacher
statements
competencies)
21. Absence policy
22. Incomplete-work
policy