SYLLABUS FIN 2001 – FINANCIAL MANAGEMENT State College of Florida (SCF) Instructor: Amy Santos Business/Technology Department Office #130, Phone # (941) 752-5511, Bradenton Campus Email Address: santosa@scf.edu Website: http://faculty.mccfl.edu/SantosA/santosa.htm Office hrs: Thursdays, 6-7 PM at the Lakewood Ranch Campus Class websites: Angel and McGraw-Hill’s Connect – This course includes an online component. Students will be required to access and use these two websites to complete various class activities and assignments, as well as, to communicate with the instructor. The use of these two sites will enhance the learning experience and provide students with additional materials. The URLs are as follows: Angel: http://scf.angellearning.com/frames.aspx Connect (Homework Management Site): Link to the site is posted in Angel Course Description: A study of the processes, decisions, structures and institutional arrangements concerned with the acquisition and utilization of funds by a firm is presented. Financial statement analysis for investment is also covered. Specific objectives include: Describing functions and goals of financial management Applying financial planning and analysis Describing quantitatively the financial environment, including taxation of the firm/individual Quantitatively identifying four major financial statements of any firm and applying proper analytical techniques Describing the concepts of risk, reward, and portfolio diversification Determining the time value of money including present and future value, present and future value of an annuity, amortization schedules, and perpetuities. Calculating the capital budgeting process, estimating of cash flows, net present value, and internal rate of return. Identifying the determinants of market interest rates, the term structure of interest rates, and the relationship between interest rates and stock prices. Describing bond financing, valuation of bonds, types of bonds, bond ratings, and financing through preferred stock. Describing common stock financing, stock valuation, and stock investing Describing hedging in the international financial markets Describing derivative use in finance Describing the concept of working capital Describing competency in current asset management Describing the nature of capital markets Prerequisite: Successful completion of ACG 2021C Required Text: Finance: Applications and Theory by Cornett, Adair, and Nofsinger, 1st Edition, McGrawHill. IMPORTANT: DO NOT DESTROY THE CARD INCLUDED IN YOUR TEXTBOOK WITH THE ACCESS CODE TO THE CONNECT WEBSITE. Course Policies and Procedures: Email – Students are required to communicate with instructor using their official SCF email account and the communications tool in Angel. Reading assignments and class participation – Students must read every assigned chapter before coming to class. Lectures will focus on the most important concepts and will be an interactive activity where students will be graded according to their participation and contribution. Some exercises will also be completed in class and students will be asked to provide answers and/or explain concepts. Online assignments – The assignments will be selected from the end-of-chapter material and must be completed on the Connect homework management site. PAPER COPIES WILL NOT BE ACCEPTED! *Special accommodations will be made for students who are registered with the DRC. Online chapter quizzes – These will also be completed using the Connect class site. Exams – These will be completed in class. In extreme circumstances, and after proper documentation is provided, students will be allowed to take the exam prior to the scheduled date. No make-ups are allowed after the exam grades/answers have been discussed in class. Class Calendar – A class calendar with due dates for assignments, quizzes, and exams is posted in Angel. Weekly postings in Angel – Students will be required to post and respond to other students’ postings on the discussion boards on topics assigned by the instructor (Details will be posted in Angel). Evaluation and Final Grade – Students will be evaluated and receive a grade based on performance in all of the following activities. The points from one activity cannot be substituted with points from another, and points from each activity will be used to tally the final points earned in the class. For example, a student who receives an “A” in the chapter exams will only accumulate 30 points towards the final grade and will, therefore, fail the course unless additional points are earned from other class activities. A grade of “zero” in any activity will result in an automatic deduction from the final grade of the number of points for the activity according to the following scale: Online Chapter Assignments (Connect) 21 Online Chapter Quizzes (Connect) 21 Class Participation 14 Weekly Postings (Angel) 14 Chapter Exams 30 100 points Extra Credit – Students can complete extra credit assignments and earn up to 10 points toward each chapter exam’s grade. Withdrawal Policy – The Manatee Community College policy, as stated in the college catalog, allows students to withdraw from any course without academic penalty (WF) by a specific withdrawal deadline. The deadline as stated in the college calendar is Friday, October 30th, 2009 for the Fall Term. Students must take responsibility for initiating the withdrawal procedure, but are encouraged to speak to their instructors before taking this action. Online tutoring and study skills support – A collection of Web sites to help students enhance their study skills and to provide tutoring support for the coursework are available 24/7. Emphasis is on mathematics, English, and reading improvement. Support for other subjects is also available. Accessing these resources is as easy as ABC: a.) Go to mccfl.edu/Title 3 b.) Click Student Success Resources link c.) Click Virtual Tutoring and Study Skill Support link