Page 1 of 4 Philadelphia University Faculty of Administrative & Financial Sciences Department of Banking & Finance semester, academic year 2014/2015 Course syllabus Course title: Principles of finance Course code: 0320110 Course level: Faculty Requirement Course prerequisite (s) and/or corequisite (s): none Lecture time: 13:10-14:00 (sun, tue, thu) Credit hours:3 8:15-9:30 (mon, wed) Academic Staff Specifics Office Name Rank number and Office hours E-mail address location Lubna Khalaf Lecturer 31204 10-11 (sun, tue, thu) 11:30-12:30 (mon, wed) lkhalaf@philadelfia.edu.jo Course module description: This course includes the following topics: financial goals; financing the firm via short, intermediate, and long-term debt, preferred and common stock. Course module objectives: 1. To provide streamlined overview of principles of finance. 2. Identifying the main objectives of corporation. 3. Explain the alternative forms of business organizations. 4. Understand short-term finance management, net working capital, and related tradeoff between profitability and risk 5. Describe the cash conversion cycle, and the key strategies for managing it 6. Discuss inventory management, credit selection process, and managing receipts and disbursements. Course/ module components Books (title , author (s), publisher, year of publication) Lawrence Gitman, The Principles of Managerial Finance, eleventh edition Support material (s) (vcs, acs, etc). Study guide (s) (if applicable) Homework and laboratory guide (s) if (applicable). Teaching methods: Lectures, discussion groups, tutorials, problem solving, debates, etc. Learning outcomes: Knowledge and understanding Cognitive skills (thinking and analysis). Communication skills (personal and academic). Practical and subject specific skills (Transferable Skills). Assessment instruments Short reports and/ or presentations, and/ or Short research projects Quizzes. Homework Final examination: 50 marks Allocation of Marks Assessment Instruments Mark First examination 20 Second examination 20 Final examination 40 Reports, research projects, quizzes, homework, 20 Projects Total 100 Documentation and academic honesty Documentation style (with illustrative examples) Protection by copyright Avoiding plagiarism. Course/module academic calendar week (1) Basic and support material to be covered (2) Introduction to principles of finance Finance and business The managerial finance function The role and environment Homework/re ports and their due dates (3) (4) (5) (6) (7) (8) (9) (10) (11) (12) (13) of managerial finance Goals of the firm Financial institutions and markets Corporate Bonds Legal aspects of corporate bonds General features of a bond issue Bond ratings popular types of bonds International bond issues Review questions Stocks Differences between debt and equity capital Voice in management Claims on income and assets maturity Common and preferred stocks Common stock Preferred stock Issuing common stock Review Working Capital Management Net working capital fundamentals The tradeoff between profitability and risk Review Cash management The cash conversion cycle Funding requirements of the cash conversion cycle Strategies of managing the cash cycle Review Inventory Management Differing viewpoints about inventory level Common techniques for managing inventory Review Accounts Receivable Management Credit selection and standards Credit terms Credit monitoring Review Management of Receipts and Disbursements First examination Second examination (14) (15) Float Speeding up collections Slowing down payments Cash concentrations Zero-balance accounts Investing in marketable securities Review Review Specimen examination (Optional) (16) Final Exam Final Examination Expected workload: On average students need to spend 2 hours of study and preparation for each 50-minute lecture/tutorial. Attendance policy: Absence from lectures and/or tutorials shall not exceed 15%. Students who exceed the 15% limit without a medical or emergency excuse acceptable to and approved by the Dean of the relevant college/faculty shall not be allowed to take the final examination and shall receive a mark of zero for the course. If the excuse is approved by the Dean, the student shall be considered to have withdrawn from the course. Module references Books 1. Khan and Ghraibeh, Financial management Jordan book center, 2001 2. Essential of managerial finance “thirteenth edition, by: Scott Besley, Eugence F.Brigham 2005 Journals 1. Journal of finance 2. Journal of business & economics Websites http://finance.yahoo.com http://www.stockresearch.com