DIVISION OF BUSINESS
COURSE SYLLABUS: FINA 3309 AM01, Financial Management - Spring 2013, Amarillo Campus
Mission Statement:
Wayland Baptist University exists to educate students in an academically challenging,
learning-focused and distinctively Christian environment for professional success, lifelong learning and service to
God and humankind.
Instructor:
Office:
Office Phone:
Home Phone:
Email:
Course Web Site:
FAX:
Office Hours:
Class Hours:
Class Location:
Gregory E. Canada
Room # 103
(806) 477-5559
(806) 354-0166
gcanada@suddenlink.net or gcanada@pantex.com
http://www.mhhe.com/bhd14e
(806) 477-3448
By Appointment
Thursday, 6:00 PM – 10:10 PM
Room # 103
DESCRIPTION: The course addresses the role of the financial manager, the tax environment and its effects on
business decisions, the time value of money, cash and capital budgeting, financial statements, working capital,
money markets and their regulators, monetary policy and its relation to the firm and financial forecasting.
PREREQUISITE(s): ACCT 2305 or ACCT 3307 or concurrent enrollment or consent of school.
TEXTBOOK:
BOOK
AUTHOR
ED YEAR PUBLISHER ISBN#
Foundations
of Financial Block/Hirt/Danielsen 14th
Management
2011
VIEW
0-07McGraw-Hill
353072Irwin
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COURSE OUTCOME COMPETENCIES:
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Identify the goals and functions of the financial manager.
Define the time value of money and compute results for single amount and annuity present and future
value problems.
Construct various pro forma financial statements and use them to develop financial forecasts.
Explain working capital management.
Assess risk management decisions and compute leverage measurements.
Explain the term structure of interest rates and discuss theories of interest rate determination.
List sources and types of short-term financing and explain selection criteria for the firm.
Identify capital market instruments and their characteristics; and valuate stock and bond prices and yields.
Compute the cost of capital for the firm including weighted average cost of capital.
Distinguish between the three methods of capital budgeting decisions and determine ranking criteria
between investment projects.
Evaluate capital budgeting decisions under differing capital constraints.
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Discuss theoretical approaches to risk measurement under single asset and portfolio conditions.
Describe the capital asset pricing model.
Discuss dividend policies and their impact on the value of the firm.
Discuss tax implications on financial management.
ATTENDANCE REQUIREMENTS:
This class meets each week from 6:00- 10:10 PM on Thursday during the term. Students are expected to
attend and be on time for all classes. Students missing more than two classes will be penalized 5 points
on the final semester average for each additional missed class. All absences, regardless of reason will be
treated the same. There will be no excused absences, unless it is due to a university-sanctioned trip. All
work missed must be made up to the satisfaction of the instructor. It is the student’s responsibility to
make timely arrangements for make-up work.
DISABLILITY STATEMENTS:
“It is university policy that no otherwise qualified disabled person be excused from participation in, be denied the
benefits of, or be subject to discrimination under any educational program or activity in the university. Students
should inform the instructor of existing disabilities at the first class meeting”
COURSE REQUIREMENTS AND GRADING CRITERIA:
In order to maximize the return on student investment in this course, students are perceived by the
instructor to be mature and motivated learners. While lecture will be used as an instructional technique,
it is the responsibility of the student to read the text and other assignment material. While some reading
materials will be covered in lecture, emphasis will be given to the discussion questions and problems at
the end of each Chapter. However, students will be responsible for the content of the text, regardless of
whether it is covered in lecture. The general instructional approach may include the following:
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Reading assignments from the text (outlines in syllabus), current periodicals, journals and visit
Internet sites as assigned. Students are expected to have read the assignments prior to the class
in which it is discussed.
Homework assignments.
Group projects involving problems of financial management.
Class discussions involving individual, groups and the entire class.
Lecture on basic principles and concepts.
Video presentations on selected topics.
Grading will be assigned in the standard format based upon the final semester average, as follows:
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A
B
C
D
90-100
80-89
70-79
60-69
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F
Below 60
Assignments and examinations will be weighted as follows to determine the final semester average:
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Homework assignments
Initial and mid-semester exams
Group Case Project
Final exam
20%
40% (20% each)
15
25%
Homework may be assigned each week for the following week.
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Exams will be a combination of multiple choice questions and problems.
TENTATIVE SCHEDULE:
February 28, 2013
March 07, 2013
March 14, 2013
March 21, 2013
March 28, 2013
April 04, 2013
April 11, 2013
April 18, 2013
April 25, 2013
May 02, 2013
May 09, 2013
May 16, 2013
Chapters 1 & 2
Chapters 3 & 4
Spring Break
Chapters 5 & 6, Review (Chapters 1-5)
Test, Chapters 1-5
Chapters 7 & 8
Chapters 9 & 10
Chapters 11 & 12, Review (Chapters 6 - 10)
Test, Chapters 6 - 10
Chapters 13, 14 & 15
Cases & Review (Chapters 11-15)
Final Exam
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