TROY UNIVERSITY MASTER SYLLABUS SORRELL COLLEGE OF BUSINESS EMBA 6631 Managerial Finance Prerequisites EMBA 5501. Description A comprehensive and advanced study of financial analysis, planning, and control techniques for a business entity with emphasis on corporations. Objectives On completion of the course, the student should be able to: 1. Identify the primary duties and responsibilities of financial managers. 2. Analyze the financial condition of a firm using financial-statement analysis, financial-ratio analysis, Du Pont analysis, common-size analysis, comparative analysis, and trend analysis. 3. Calculate financial values based on the concept of the time value of money. 4. Perform a financial forecasting analysis 5. Calculate the value and yield of corporate bonds, preferred stocks, and common stocks. 6. Evaluate financial assets and portfolios using fundamental analysis, modern portfolio theory, CAPM, and capital structure. 7. Calculate the weighted average cost of capital for a firm. 8. Calculate break-even points for quantity, price, total revenue, and operating income. 9. Apply managerial-finance strategies to business objectives in an apt scenario. Purpose To provide a comprehensive array of knowledge and skills to manage the finance function of a modern organization, and to provide the necessary background both to understand and to apply financial-management techniques in order to be successful in positions of business management. EMBA core requirement. Approved Texts Brealey, R. A., Myers, S. C., & Allen, F. (2006 or current). Principles of corporate finance (8th ed.). Boston, MA: McGraw-Hill. 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: EMBA 6631 2 Brigham, E. F., & Ehrhardt, M. C. (2005 or current). Financial management: Theory and practice (11th ed.). Mason, OH: Thomson/South-Western. Ehrhardt, M. C., & Brigham, E. F. (2006 or current). Corporate finance: A focused approach (2nd ed.). Mason, OH: Thomson/South-Western. Supplements Jenkinson, T., Ljungqvist, A., & Ritter, J. (2001). Going public: The theory and evidence on how companies raise equity finance (2nd ed.). New York, NY: Oxford University Press. Troy State University Faculty Handbook (2001): Section 3.8.2.8 [extract]—22 essential elements of the syllabus (somewhat modified for space): a. b. c. d. e. f. g. Course title Course number Term Instructor Prerequisites Office hours Class days, times h. i. j. k. Classroom location n. Grading methods, Office location criterion weights, Office telephone make-up policy, Course description, mid-term grade objectives reports l. Text(s) o. Procedure, course m. Other materials requirements p. General supports r. Additional services u. Cheating policy (computer works, (Americans with v. Specialization writing center) Disabilities Act, requirements q. Daily assignments, other statements) (certification, holidays, add/drop s. Absence policy licensure, teacher & open dates, dead t. Incomplete-work competencies) day, final exam policy