SYLLABUS  SPRING 2014
FINANCE
28-3110
Columbia College Chicago
600 S. Michigan Avenue
Chicago, IL 60605
Course Information
Course number:
Class time and day:
Classroom building and room number:
Credit hours:
Arts, Entertainment & Media Management
Department (AEMM)
Columbia College Chicago
618 S. Michigan Avenue
28-3110
Section: 06
Wednesdays 9:00a – 11:50a
624 S. Michigan, Room 1406
Three - 3
MOODLE: The College utilizes Moodle as its Learning Management System. You can find a
copy of the course syllabus on the Moodle site for this course.
Instructor information
Name:
Jeff Steele
Office Phone:
312.369.7652
AEMM Department: 312.369.7652
AEMM Fax number: 312.369.8063
E-mail address:
JSteele@colum.edu
Office hours:
Wednesdays, 2:30p – 3:30p
Office location:
618 S. Michigan Avenue, 7th floor
Important Dates
Monday, January 27, 2014
- Classes begin
Saturday, February 1, 2014
- End of Program Revision and late registration; last day to add classes or change class
sections
Sunday, February 2, 2014
- "Drop only" begins, students cannot add or re-add classes
Friday, February 7, 2014
- Last day to add internships, Independent Projects and Directed Studies
Saturday, February 8, 2014
- Last day to drop classes. The class will not appear on your academic record
Sunday, February 9, 2014
- Withdrawal period begins. A grade of "W" will appear on your transcript. This grade will not be
computed in your grade point average but will affect the completion rate requirement
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Friday, February 21, 2014
- Last day to declare Pass/Fail. The final grade in the class will be either a "P" or "F". A form can
be obtained in the Records Office and must be signed by the instructor.
Saturday, March 22, 2014
- Last day to withdraw from classes
Monday, March 24 - Sunday, March 29, 2014
- Spring Break
Monday, March 31, 2014
- Classes resume
Monday, April 7, 2014
- Summer and Fall 2013 registration begins
Saturday, May 17, 2014
- Semester ends
Saturday, May 17 and Sunday, May 18, 2014
- Commencement (refer to the Commencement website for more information)
Required Texts and Materials
Foundations of Finance Seventh Edition by Keown, Martin and Petty. (copy 2011)
Additional readings may be assigned.
Instructional Resources Fee
$40.00
Prerequisites
Accounting One with the Final Grade of “C” or transfer equivalent.
Course Description
Finance is the Art and Science of managing money. This course provides an understanding of
the financial system and basic financial management techniques and analyses as applied to the
financial management of for-profit and/or not-for-profit companies. Concepts studied include
cash flow and ratio analyses, the time value of money methodology, capital budgeting, and
business ethics.
Learning Objectives
Upon successful completion of this course students will be able to:
1. Prepare and Interpret Financial Statements (income statement, statement of equity,
balance sheet, & statement of cash flow) for a Corporation.
2. Prepare and Interpret cash and capital budget.
3. Evaluate the organizations Financial Performance.
4. Determine the future, & present value of a sum.
5. Identify types of financing for an organization or personal use.
6. Discuss the supply of funds to financial markets.
7. Use finance as a decision-making tool.
8. Use the language of business.
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Grading Policy and Evaluation Procedures
Grading Scale:
Excellent
A 94-100% (4.0)
A- 90-93% (3.7)
B+ 87-89% (3.3)
Above Average
Average
B
B-
C
84-86% (3.0)
80-83% (2.7)
70-79% (2.0)
Relative Weight of Assignments:
Assignment
Participation, Attendance, Homework
Articles, Tracking Project, Research Papers
Exams
TOTAL
Below Average /
Failure
D 60-69% (1.0)
F <60% (0.0)
Weight
30%
10%
60%
100%
Forty percent of the grade in this class is based on Participation, Attendance, Homework,
Articles, a Tracking Project, and/or a Research Paper. Not all sections of these classes will
have the exact same homework problems or projects. Be sure that your instructor makes it
clear what is required in your section.
General Evaluation Criteria and Formatting for All Assignments
Content
 Complete, addresses all aspects of assignment
 Appropriate, relevant, current, and significant
 Substantive, demonstrating the appropriate level of breadth and depth
 Fairminded, i.e., considers more than one point-of-view, often competing points-of-view
 Thinking and rationale is original, mature, complex, and developed, i.e., the ability to
draw inferences and make analogies to demonstrate an understanding of the subject
matter
 Concise and targeted discussion and defense of your research and point-of-view with
the inclusion of final, unresolved critical questions
 Successfully applies and integrates readings, discussions, videos, and additional
research
Research
 Relevant and appropriate sources representing multiple perspectives
 Demonstrates appropriate level of depth and breadth
 Correctly footnoted and listed in bibliography, either Turabian (Chicago Style) or
APA/MLA.
Format
 Logically organized and clearly stated/presented with smooth transitions and a
convincing conclusion that flows from what has been stated/presented
 Correct spelling, grammar, punctuation
 Correctly footnoted and listed in bibliography, either (Turabian) (Chicago Style) or
APA/MLA.
 Cover sheet stating the class, date, assignment, and student name
 Double-spaced, Times Roman 12 point font
Presentation
 Professional, poised and convincing
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Communicates the key elements of your paper and research in a concise and targeted
manner that includes final, unresolved critical questions
Integrates video-clips, other graphic depictions (power point, charts, etc.)
Leads students in a discussion/Q&A of topic/issues
Leads an activity/exercise related to the topic (if specified by assignment)
Completed within the specified time-frame
Classroom Policies
Academic Integrity: Students at Columbia College Chicago enjoy significant freedom of artistic
expression and are encouraged to stretch their scholarly and artistic boundaries. However, the
College prohibits all forms of academic dishonesty. For present purposes, “academic
dishonesty” is understood as the appropriation and representation of another’s work as one’s
own. Appropriate citation avoids this form of dishonesty. In addition, “academic dishonesty”
includes cheating in any form, the falsification of academic documents, or the falsification of
works or references for use in class or other academic circumstances. When such dishonesty
is discovered, the consequences to the student can be severe. For further information visit:
http://catalog.colum.edu/content.php?catoid=3&navoid=823#Academic_Integrity
Attendance policy: Since much of the course learning is experiential, class attendance and
participation is a vital component of a student’s grade. A student’s academic progress and
grades typically suffer due to repeated late arrivals, early departures, and/or absenteeism.
Excessive absenteeism, such as more than three (3) absences, could result in a failing grade.
Late work and makeup assignments: All assignments are due in accordance with the
deadlines stated by the teacher either in this syllabus, verbally, or digitally (email, OASIS,
Moodle). Submission of an assignment past its due date will result in a lower grade. There will
be no makeup or extra credit assignments.
Incomplete Grading Policy Statement
An Incomplete Grade (I) for this course can only be issued for an undergraduate student who
has met the following criteria:
The student has successfully completed all course requirements to date but is faced with
unexpected circumstances during the final weeks of the semester resulting in the inability
to complete course requirements by the end of the semester. The student must have, in
the instructor’s estimation, the ability to complete missed course requirements outside of
class and by the end of the eighth week of the following semester. The instructor must
agree to evaluate the student’s work and replace the incomplete grade before the end of
the following semester. (For Spring courses, incomplete grades must be replaced by the
end of the following Summer semester.) An agreement specifying work to be completed
and a due date must be signed by both instructor and student and approved by the
Department Chair. In the event that an instructor is no longer employed by the College, a
program Coordinator, Director, or the Department Chair can evaluate the work and
assign the course grade.
Prior to giving a student a grade of “I” (Incomplete), an incomplete grade form must be
completed, signed by both the student and instructor, and on file with the Department.
Note: All incomplete grades will automatically change to “F” by the end of the following
semester if a final grade conversion has not been made.
Services for Students with Disabilities Statement
Columbia College Chicago seeks to maintain a supportive academic environment for students
with disabilities. Students who self-identify as having a disability should present their
documentation to the Services for Students with Disabilities (SSD) office. After the
documentation has been reviewed by the SSD office, a Columbia College accommodation letter
will be provided to the student. Students are encouraged to present their Columbia
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accommodation letters to each instructor at the beginning of the semester so that
accommodations can be arranged in a timely manner by the College, the department, or the
faculty member, as appropriate. Accommodations will begin at the time the letter is presented.
Students with disabilities who do not have accommodation letters should visit the office of
Services for Students with Disabilities, Room 304, 623 S. Wabash. T: 312.369.8296.
www.colum.edu/ssd
APR (Academic Progress Reports)
During week 5 of each semester, Columbia faculty are required to complete an Academic
Progress Report (APR) for each of their undergraduate courses. Academic Progress Reports
allow faculty, and the College, to identify students who:


Have never attended a class session
To date, are not demonstrating satisfactory academic progress in class due to lack of
preparation for class, missed assignments, poor academic skills, irregular attendance, or
other reasons
Verification of a students' academic progress is critical for academic and financial reasons. This
on-line procedure only takes minutes to complete. Academic Progress Reports are not required
for Independent Projects, Directed Studies, Internships, Tutoring, Weekend Workshops or
Rehearsal or Recital Labs.
Course Schedule:
Please refer to MOODLE for a complete schedule breakdown for the class.
This syllabus is subject to change. Students will be notified of any changes.
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