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SYLLABUS
Management 3040C – Finance
University of Lethbridge
Fall 2006
Instructor: Dr. Eahab Elsaid
Telephone: 329-2249
Email: eahab.elsaid@uleth.ca
Office Hours (E584): Tuesdays 11:00 to 1:00, Thursdays 11:00 to 1:00, and by
appointment.
CLASS TIME & ROOM: Tuesdays and Thursdays, 8:00 to 9:15, AH177
PREREQUISITE: Management 2400
th
COURSE MATERIALS: Fundamentals of Corporate Finance – 5 Cdn edition
Ross, Westerfield, Jordan, Roberts - McGraw Hill
COURSE OBJECTIVE: After completion of this course, the student will understand (at
an introductory level) risk and return relationships, securities market, time value of
money, security valuation, capital budgeting, and working capital management. In
addition, the student will be able to perform basic analyses of financial statements, solve
simple time value of money problems, value traditional debt and equity securities,
estimate costs of long and short term capital components, and analyze projects using
capital budgeting techniques.
COURSE REQUIREMENTS:
Grades will be determined by:
2 Midterm Exams (25% each)
1 Final Exam
1 Assignment
50%
35%
15%
Exams - each exam will cover assigned chapters, discussion in class, handouts, videos,
webcasts and any other material assigned. The final exam will be cumulative, covering
all material in the course.
First Midterm Tuesday October 10
Second Midterm Tuesday November 14
Final (TBA)
Assignment - The assignment is a group report (maximum of five students per group).
The actual assignment will be discussed in class early in the term. The completed
assignment should include: (a) a cover page with the names of each group participant;
(b) a footer with the page number; (c) a header which includes the names of each group
participant. The assignment is due at midnight, Friday, December 1, 2006.
Last chance to hand in the assignment in class Thursday November 30
Participation - While no grade is assigned for participation, students that actively
participate generally perform better on exams and assignments. The class will be
interactive in nature and your contribution will be appreciated. Always bring your text
and calculator to class.
Grade Distribution:
Grade Percentage
A+
95 - 100%
A
90 - 94
A86 - 89
B+
82 - 85
B
78 - 81
B74 - 77
C+
70 - 73
Grade Percentage
C
66 - 69
C62 - 65
D+
58 - 61
D
51 - 57
F
Less than 50
Course Contents (subject to progress)
Chapter
Chapter 1
Chapter 2
Chapter 3
Chapter 5
Chapter 6
Chapter 7
Chapter 8
retpahC 15
Chapter 9
Chapter 10
Chapter 11
Topic
Introduction to Corporate Finance
Financial Statements, Taxes, and Cash
Flow
Working with Financial Statements
Introduction to Valuation: The Time Value
of Money
Discounted Cash Flow Valuation
Interest Rates and Bond Valuation
Stock Valuation
ltsisaC rtpsatR
Net Present Value and Other Investment
Criteria
Making Capital Investment Decisions
Project Analysis and Evaluation
Notes:
Exams & Assignments
Missed exams and assignments will result in a mark of zero being recorded and will
continue to be weighted in accordance with this syllabus. Weighting and time of writing
of any exam or assignment cannot be shifted, except when a documented, legitimate
reason is provided which will be verified (eg. medical reasons supported by a Doctor’s
note). Students will not be allowed to return to the exam room once he or she leaves
the room; all materials must be submitted (including the exam itself) which will be
graded to the extent completed. All exams must be submitted to the
Instructor/Invigilator before leaving the room or a grade of zero will be recorded.
All University of Lethbridge calendar policies, including Academic Offences and
Discipline Procedures, will be enforced. Plagiarism on assignments and cheating
during exams will be punished to the full extent allowable by the University.
Tutorials
Student tutors will be available several hours each week, starting around the first
midterm, to provide assistance in solving assigned problems. Hours of availability and
location will be announced during class. Attendance is purely voluntary although
students in previous classes have found them very helpful in mastering the material.
Concept Review & Critical Thinking Questions (end of chapter)
It is strongly recommended the assigned Concept Review & Critical Thinking Questions
are read and solutions thought through by the student. No written submissions are
required. The objective is to provide a short review of material covered in class.
Questions & Problems
It is strongly recommended students work through the assigned questions and problems
(end of chapter). Students are encouraged to contact the instructor by email, during office
hours, or by appointment if difficulties arise in understanding the solutions.
Exams – format, formula sheet, calculator
All exams are closed book and use a multiple choice format. Use of a calculator* (nonprogrammable) and a formula sheet (supplied by the instructor) will be allowed during
tests. Understanding formulas is essential to the study of finance, but fluency in the use
of a financial calculator will help ensure accuracy and efficiency.
Late Submissions
A deduction of 5% per day will apply to any late submissions of assignments. This rule is
in place to ensure fairness among students.
*HP (Hewlett Packard) 10B II is highly recommended. Other acceptable calculators
include the T.I. BAII+ and the HP 12C. In class support can only be provided for the HP
10BII. Please do not bring a programmable calculator to exams.
Office Visits
Any subject of discussion is permissible during office visits with two exceptions: (1) If
you miss a class, I will not answer questions about material covered that day. (2) I will
not discuss forthcoming exams in the office or outside of class. All students will have the
same information concerning exams, so ask questions concerning forthcoming exams in
class.
Group Assignment
Mgt 3040 – Finance
Please hand in one copy of this form for each group on or before the class of November
1, 2006
The members of my group include (please print neatly):
Email address
Phone Number:
Name:
1. ____________________________________________________________
2. ____________________________________________________________
3. ____________________________________________________________
4. ____________________________________________________________
5. ____________________________________________________________