Southern State Community College Curriculum Committee – November 2013 BADM 2222-Business Finance Page 1 of 5 I. COURSE TITLE: Business Finance COURSE NUMBER: 2222 CATALOG PREFIX: BADM II. PREREQUISITES: ACCT 1105 & ECON 2205 III. CREDIT HOURS: 3 LABORATORY HOURS: 0 IV. COURSE DESCRIPTION: LECTURE HOURS: 3 OBSERVATION HOURS: 0 Course is an introduction to basic concepts, principles, and analytical techniques of financial management. Topics include the whole scope of the financial system and its functions: 1) the markets, (2) the institutions, and (3) the principles and concepts of financial management which guide the participants in making sound decisions. V. GRADING Grading will follow the policy in the college catalog. A = 90 - 100 B = 80 - 89 C = 70 - 79 D = 60 - 69 F = 0 - 59 VI. ADOPTED TEXT (S): Introduction to Finance: Markets, Investments, and Financial Management 15th Edition or current edition Ronald W. Melicher and Edgar A. Norton Wiley Publishing Co. ISBN: 978-1-118-49267-3 Southern State Community College Curriculum Committee – November 2013 BADM 2222-Business Finance Page 2 of 5 VII. COURSE OBJECTIVES: At the completion of this course the student will: 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. Describe the basic requirements of an effective financial system. Explain the strengths and weaknesses of the banking system in the United States including the Monetary System. Illustrate the impact of fiscal and monetary policy on savings and investment decisions. Recognize how international finance and trade affect businesses. Compute time value of money. Discuss stock and bond valuations for businesses and government. Explain risk and return on an investment. Analyze business financial data. Develop insight into financial planning, managing working capital, capital budgeting techniques and analysis, including short and long-term financing. Evaluate cost of capital and capital structure. VIII. COURSE METHODOLOGY: The use of lecture and exercises will be used to teach students the introductory concepts. May include but not limited to: lecture, independent and group projects, in-class and athome assignments, tests and quizzes. IX. OTHER REQUIRED TEXTS, SOFTWARE, AND MATERIALS: As assigned by the instructor. X. EVALUATION: Knowledge of content is evaluated by written tests, assignments, and work projects per instructor. All exams are comprehensive; quizzes are not. Class participation will be evaluated by the student’s ability to contribute to class discussion. No make-up tests will be given. Sample Grading Scale: Quizzes/Homework Mid-term Examination Final Examination Market Project Attendance and Participation Total Points 60 100 100 100 40 400 15% 25% 25% 25% 10% 100% Southern State Community College Curriculum Committee – November 2013 BADM 2222-Business Finance Page 3 of 5 XI. SUGGESTED COURSE OUTLINE: Week 01 Week 02 Week 03 Week 04 Week 05 Week 06 Week 07 Week 08 Week 09 Week 10 Week 11 Week 12 Week 13 Week 14 Week 15 Week 16 XII. Introduction, The Financial Environment Money and the Monetary System Banks and Other Financial Institutions Federal Reserve System Policy Makers and the Money Supply International Finance and Trade Savings and Investment Process Interest Rates Time Value of Money Mid-Term Exam Bonds and Stocks: Characteristics and Valuations Securities Markets Financial Return and Risk Concepts Business Organization and Financial Data Financial Analysis and Long-Term Financial Planning Managing Working Capital Short-Term Business Financing Capital Budgeting Analysis Capital Structure and the Cost of Capital Final Exam SPECIFIC MANAGEMENT REQUIREMENTS: Attendance Policy To meet the objectives of Business Finance students must attend all scheduled classes. At the beginning of the semester, all instructors will distribute a “Class Schedule”, which may or may not be a part of the syllabus. If a student must miss class due to extenuating circumstances, the student is expected to call and inform the instructor by either talking with the instructor, e-mail, or leaving a message should the instructor not be available.. If you wish to drop the course you must take positive action. Do not assume that the Instructor will automatically drop you if you stop attending class. Missing a Mid-Term Examination There will be no make-up mid-term examinations given. If, for any reason, you are not able to take the mid-term examinations at the scheduled time and date, the Southern State Community College Curriculum Committee – November 2013 BADM 2222-Business Finance Page 4 of 5 examination that you missed will be assigned the same percentage grade that you receive on the course Final Examination. Exceptions to this policy are anticipated to be very rare. Contact your Instructor one week prior to the mid-term examination if you wish to discuss the possible granting of an exception to this policy. Missing a Quiz/Homework There will be no make-up quizzes. This policy applies to all quizzes. If, for any reason, you are not able to take one of the quizzes on the scheduled date, the quiz that you missed will be assigned the same percentage grade that you receive on the course Final Examination. Missing a Due Date for: the Market Project The due dates for this project is shown on the Course Outline above. The project is to be turned-in on, or before, the assigned date and time. If a project is not turned-in by the assigned date and time, you will be assigned a grade of zero points for the project. Instructor and Student Responsibilities and Academic Dishonesty Students are required to submit only their own original work with proper citation of third party sources quoted in that work, this includes the team papers; it must be original work produced by the team. The College’s Plagiarism Checker includes a database of all past papers submitted by SSCC students. Submission of copied or purchased assignments is likely to be caught by Turnitin and the resulting sanctions under the Code of Conduct can include a failing course grade, suspension, or expulsion from the College. IT Proficiency The mission of Southern State Community College is to provide accessible, affordable and high quality education to the residents of its service area. We believe that education is more than a mastery of a body of technical and professional knowledge and the achievement of technical or professional proficiency. We provide students with the lifelong ability to acquire knowledge and translate it into responsible action in a competitive global environment. Toward that end, we seek to develop future professionals who will be critical thinkers with the international/diversity perspectives and IT skills necessary to be effective and ethical communicators/decision makers in an increasingly complex and multicultural environment. Among the primary skills(s) developed in this class will be IT proficiency. In part, this skill will be promoted by: Interact with the software driven Market Project Retrieving financial information from companies’ web sites Research and retrieve stock market data Southern State Community College Curriculum Committee – November 2013 BADM 2222-Business Finance Page 5 of 5 XIII. OTHER INFORMATION CLASSROOM CONDUCT: Civility in the classroom is very important. As professionals, we expect students to conduct themselves in a courteous and respectful manner. Disruptive, rude, sarcastic, obscene or disrespectful speech or behavior have a negative impact on everyone, and will not be tolerated. Students need to remember that the online discussion boards and chat rooms in the online courses are considered classrooms and the same rules apply. Students will use these tools in the online classroom for information that pertains to the class; it is not to be used for personal exchanges of a social nature. If you engage in any such conduct you will be asked to leave and you will receive a “zero” for any work completed that day. The instructor reserves the right to permanently remove a student from the class for inappropriate conduct after consultation with the Department Coordinator and Academic Dean. FERPA: Students need to understand that your work may be seen by others. Others may see your work when being distributed, during group project work, or if it is chosen for demonstration purposes. Other instructors may also see your work during the evaluation/feedback process. DISABILITIES: Students with disabilities may contact the Disabilities Service Office, Central Campus, at 800-628-7722 or 937-393-3431.