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BU283 outline F2020 v7 (1)

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Course Syllabus
Business 283 Financial Management I
Fall 2020
Contents
1
Instructor Contact Info............................................................................................................. 2
2
Prerequisites............................................................................................................................. 2
3
Textbook .................................................................................................................................. 2
4
Course Description .................................................................................................................. 3
5
Grading Scheme ...................................................................................................................... 3
7
Self-Test, Practice Problems & Homework ............................................................................ 4
8
Quiz Problems ......................................................................................................................... 5
9
POP Quizzes ............................................................................................................................ 5
10
Exams................................................................................................................................... 6
11
Self-Test, Practice Problem and Quiz Schedule .................................................................. 7
12
Online Class Format ............................................................................................................ 8
13
Weekly Schedule of Topics and Readings........................................................................... 9
14
Learning Objectives ........................................................................................................... 10
15
Announcements and Downloads........................................................................................ 10
16
Academic Support .............................................................................................................. 10
17
Email Policy ....................................................................................................................... 11
18
Technical Support .............................................................................................................. 11
19
Calculators and Computers ................................................................................................ 11
20
How to Learn Finance ........................................................................................................ 13
21
Test Mark Calculation........................................................................................................ 15
22
Online Textbook Access .................................................................................................... 17
23
Recommended Reading for Finance Enthusiasts ............................................................... 20
24
University and Course Policies .......................................................................................... 21
1
Instructor Contact Info
1
Instructors:
W. J. McNally, Bruce Everitt, Hira Amjad, Pan Jiang
E-Mail:
wmcnally@wlu.ca, beveritt@wlu.ca, hamjad@wlu.ca,
pjiang@wlu.ca
Prerequisites
2
Prerequisites: BU127, EC120 and EC140.
Co-requisites One of the following courses: EC205, EC255, or EC285.
Notes: It is recommended that students wishing to take senior Finance electives take
EC250/EC290 and EC260/EC270 prior.
Textbook
3
Required

William McNally and Stanley Eakins. Revel for Corporate Finance Online – 2/E
(Ontario: Pearson Canada, ©2019).
o ISBN-10: 0134422163, ISBN-13: 9780134422169.
o CFO access instructions are provided at the end of this document. This course
participates in the Digital Textbook Access program, so you will be charged
through your student account.
Recommended

William McNally. Workbook for Corporate Finance Online, 2/E (Ontario: Pearson
Canada, ©2019).
o ISBN-10: 0134836383, ISBN-13: 9780134836386.
o Students who have a weaker quantitative background will find the workbook a
useful supplement to the e-text.
o The Workbook can be purchased through REVEL as a “print upgrade”. It will be
shipped directly.
2
4
Course Description
This course has three main topic areas: 1) valuation, 2) risk, and 3) financial analysis. The
valuation part of the course covers time value of money mathematics and securities (bond and
stock) valuation. The risk component defines risk, presents portfolio theory and introduces
futures and options (which both can be used for risk management). The financial analysis section
of the course covers ratio analysis, financial statements forecasting, and provides an introduction
to short-term financial management.
5
Grading Scheme
Course Grading Scheme
Self-Test Questions
Quiz Problems (8x)
Pop Quizzes (7x)
Midterms (2x)
Final Exam
4%
12%
7%
40%
37%
3
7
Self-Test, Practice Problems & Homework
To master finance, students must solve a large number of problems. The bulk of your learning
will occur in the process of answering problems. A study of student performance in introductory
finance found that a student’s grade improves with the number of problems attempted and with
the effort invested in solving the problems.1 Try to do as many of the CFO problems as possible.
(Do them all if you can.)
CFO on REVEL has four types of problems:
1.
2.
3.
4.
Self-Test Questions
Practice Problems
Homework Problems
Quiz Problems
1. Self-test Questions are graded and are embedded in the e-text. You should attempt each
question as you encounter it during your reading. It will greatly help your comprehension and
retention. Each Self-test question has a due-date associated with it (typically on the Sunday prior
to the week in which the reading is covered). The self-test questions are graded and contribute to
your course grade. You can complete the Self-Tests after the due date but you will not receive
any marks for doing so.
2. Practice Problems are NOT graded. They are like end-of-chapter problems in a printed
textbook. Each Practice Problem has a due-date associated with it (typically the Friday of the
week in which the reading is covered). See the week-by-week schedule. You can complete the
Practice Problems after the due date without penalty (since there are no grades for them). The
due-dates will help you stay on schedule.
3. Homework Problems are NOT graded. They are supplementary practice problems. They
have a due date at the end of the semester. Homework questions are not graded and are provided
for students who want extra practice.
W. McNally and B. Smith. 2010. “Determinants of Performance in a Hybrid Finance Course.”
Advances in Financial Education. Vol. 8, Issues 1&2, pp. 22-34.
1
4
8
Quiz Problems
Quiz problems are graded. There will be one Quiz per week. Quizzes will open on Sunday
morning and closing at 11:59pm on Thursday.
The Quiz questions have a number of VERY strict settings, so be careful.
The number of attempts is set at one. You cannot repeat the questions.
You cannot skip or go back. You must answer the questions sequentially as posed. In each
question there is a ‘save for later’ button. It does NOT work. Don't trust it or use it.
If you open a question, look at it, don’t answer it and then move on then you will get a zero. If
you open the question, and then go off and do something else and the system times out, then you
will get a zero. Last semester, a student had a question open and his browser froze with an
unresponsive page error. When he refreshed the page he had received a zero for the question.
To address the potential harm of browser errors, we will construct all quiz scores with a
denominator of n-1. In addition, we will throw out the two lowest quiz scores. Other than that, no
accommodations will be provided so do NOT petition your instructor for additional relief.
To minimize the risk of a problem, students must be ready to complete the quiz when they start.
Answer each question sequentially and promptly. You can't save answers and you can't move
around the quiz. You can look at the e-text but don't leave a question too long or it may time out.
All of the homework and quizzes are completed on REVEL. The fill-in-the-blank questions on
REVEL are VERY sensitive as to the format and accuracy of your answers. Please read the
instructions for each question, because they tell you how to format your answer. Please be careful
with rounding. If your answer is wrong due to the fact that it is not formatted as the question
requests, then you will not get a mark for that answer. Do not include any symbols in your answers
(i.e., $ or %). Be careful when cutting and pasting values from Excel into REVEL as symbols (e.g.,
‘$’) are sometimes included. If you include a symbol you will not get a mark.
9
POP Quizzes
Pop-quizzes are short (6-10 questions and 5-10 minutes) multiple choice quizzes that test
understanding of terminology, basic concepts and simple calculations. Pop-quizzes are designed
to motivate students to read the e-text prior to the first class of each week. Students should
prepare for the pop quizzes by reading the assigned sections of CFO. Pop quizzes will be served
through the MyLS course.
5
Exams
10
Name
Midterm Exam #1
Midterm Exam #2
Final Exam


Date
Saturday, Oct 10
Saturday, Nov 14
TBA
Start
Time
7-8:20pm
6-7:20pm
TBA
Absences
o Students who miss the midterm and who submit a valid medical note (dated the
day of the midterm and submitted promptly) will have the weight shifted to the
final exam. Note that the final is cumulative.
o The only other valid excuse for an absence is a death in the immediate family
(i.e., parents, spouses, siblings and children).
o There are no deferred midterm exams.
Format
o Exams will be closed book..
o The exams will be online served through MyLearningSpace with the Respondus
Lockdown browser and webcam.
o Scrambled question order, variant pool for each question, and students will not be
able to move backwards in the exam.
 Note: This exam format is due to WLU/LSBE rules and policies. Students
unhappy with it should direct their complaints to the LSBE and WLU
administration.
o The exams will have relatively tight time budgets to discourage cheating.
o All exams will be adjusted to a common mean.
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Self-Test, Practice Problem and Quiz Schedule
DUE
SEP 13
SEP 18
SEP 20
SEP 21-23
SEP 24
SEP 25
SEP 27
SEP 28-30
OCT 1
OCT 2
OCT 4
OCT 10
OCT 18
OCT 19-21
OCT 22
OCT 23
OCT 25
OCT 26-28
OCT 29
OCT 30
NOV 1
NOV 2-4
NOV 5
NOV 6
NOV 8
NOV 14
NOV 13
NOV 15
NOV 19
NOV 20
NOV 22
NOV 23-25
NOV 26
NOV 27
NOV 29
NOV 30-DEC 2
DEC 3
DEC 4
DEC 6
DEC 10
TYPE
Self-Test
Practice Problems
Self-Test
Start of Class Pop-Quiz
Quiz
Practice Problems
Self-Test
Start of Class Pop-Quiz
Quiz
Practice Problems
Self-Test
Midterm #1
Self-Test
Start of Class Pop-Quiz
Quiz
Practice Problems
Self-Test
Start of Class Pop-Quiz
Quiz
Practice Problems
Self-Test
Start of Class Pop-Quiz
Quiz
Practice Problems
Self-Test
Midterm #2
Practice Problems
Self-Test
Quiz
Practice Problems
Self-Test
Start of Class Pop-Quiz
Quiz
Practice Problems
Self-Test
Start of Class Pop-Quiz
Quiz
Practice Problems
Self-Test
Practice Problems
CONTENT
Ch.1, Ch.3
Ch. 1 (All), Ch.3 (All)
Ch. 4.1-4.3
Annuity formulas
Ch. 3 & 4 (4.1-4.3)
Ch.4 (4.1-4.3)
Ch. 4.4 & 4.5, Ch. 7.1-7.3 & 7.7
Ch. 4.4 & 4.5, Ch. 7.1-7.3 & 7.7
Ch.4 (4.4 & 4.5), Ch.7 (7.1-7.3 & 7.7)
Ch.4 (4.4 & 4.5)
Ch.7.4-7.5
Ch.7.6 & Ch.8.1-8.2
Ch.7.6 & Ch.8.1-8.2
Ch.7(7.5-7.6) & Ch.8 (8.1-8.2)
Ch.7 (7.1-7.7) & Ch.8 (8.1-8.2)
Ch.8.3-8.5
Ch.8.3-8.5
Ch.8 (8.3-8.5)
Ch.8 (8.3-8.5)
Ch.5, Ch.6 (6.1)
Ch.5, Ch.6 (6.1)
Ch.5 (All) & Ch. 6 (6.1)
Ch.5, Ch.6 (6.1)
Ch.6.2-6.3
Ch.6 (6.2-6.3)
Ch.6 (6.4-6.5) & Ch.8.6
Ch.6 (6.4-6.5) & Ch.8.6
Ch.6 (6.4-6.5) & Ch.8.6
Ch.18 (18.1-18.5)
Ch.18 (18.1-18.5)
Ch.18 (18.1-18.5)
Ch.18 (18.1-8.5)
Ch.18.6, Ch.2 (2.3 & 2.5)
Ch.18.6, Ch.2 (2.3 & 2.5)
Ch.18.6, Ch.2.3 & 2.5
Ch.18.6
Ch.15.1
Ch.2, (2.3 & 2.5), Ch.15.1
7
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Online Class Format
Education is a combination of information transfer and the assimilation of that information.
Information transfer will occur while students read (and watch) the online textbook.
Assimilation is the process whereby the student makes sense of the information. It is the stage
where students build mental models of the ideas so that they can be applied in other contexts.
The online class time will be devoted to the assimilation stage through problem solving.
Problems will be delivered using the Learning Catalytics (LC) software. With the LC app (or web
site) students will see questions and be asked to input answers. After each question, students will
see the solution and how the class performed. After class, LC questions can be reviewed.
There are no marks for online class participation, but we highly recommend that students prepare,
attend and actively participate in class.
LC can be accessed from a smartphone or computer. LC is bundled free with the REVEL
subscription. Instructions for accessing LC are provided at the end of this document with the online
textbook access instructions.
The URL for Learning Catalytics is: https://learningcatalytics.com
8
13
Weekly Schedule of Topics and Readings
Week
Sep 10
Sep 14-18
Sep 14-18
Sep 21-25
Sep 21-25
Sep 28 – Oct 2
Sep 28 – Oct 2
Oct 5-9
Oct 5-9
Oct 12-16
Oct 19-23
Oct 19-23
Oct 26-30
Oct 26-30
Nov 2-6
Nov 2-6
Nov 9-13
Nov 9-13
Class
No Class/Session
Intro to Finance, Capital Markets & TVM
TVM 1: PV, FV, ‘i’ and n
TVM 2: Annuities
TVM 3: Advanced Annuities
TVM 4: Loans
Bonds 1: Zeros
Bonds 2: Coupons
Midterm #1 Q&A
Reading Week
Bonds 3: Bond Prices
Stocks 1: Equity & Preferred Shares
Stocks 2: DDM
Stocks 3: Repos, TPM & P/E
Risk and Return
Portfolio 1: Diversification
Portfolio 2: Systematic Risk
Midterm #2 Q&A
Readings
17 Nov 16-20
18 Nov 16-20
Portfolio 3: Equilibrium
Portfolio 4: EMH & Fund Performance
Ch. 6.4 & 6.5
Ch. 8.6
19
20
21
22
23
Futures 1
Futures 2 & Options 1
Options 2
Ratio Analysis
Ratio Analysis & WC Ratios
Ch. 18.1 & 18.2
Ch. 18.3
Ch. 18.4-18.6
Ch. 2.3 & 2.5
Ch. 15.1
0
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
Nov 23-27
Nov 23-27
Nov 30-Dec 4
Nov 30-Dec 4
Dec 7-9
Ch. 1 & 3
Ch. 3
Ch. 4.1 & 4.2
Ch. 4.3
Ch. 4.4 & 4.5
Ch. 7.1-7.3 & 7.7
Ch. 7.4 & 7.5
Ch. 7.6
Ch. 8.1 & 8.2
Ch. 8.3
Ch. 8.4 & 8.5
Ch. 5
Ch. 6.1 & 6.2
Ch. 6.3
9
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Learning Objectives
Each week of the course is associated with a detailed list of learning objectives. The learning
objectives are on MyLearningSpace in the “Learning Objectives” folder.
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Announcements and Downloads
Announcements
Course announcements will be posted under ‘News’ on the BU283 MyLearningSpace site. It is
your responsibility to check the announcements every few days.
Document Downloads
Supplementary readings, old exams, power point slides and exam information can be
downloaded from the “Content” area on the MyLearningSpace site.
16
Academic Support
Email:
A team of TAs will provide online support via email. The TAs will answer emails seven days per
week.
If you are dissatisfied with an answer from that TAs, then you can send an email directly to your
Instructor. (See section 17.)
How to Ask a Question
A question needs three parts and won’t be answered unless you include all three. First, the
original text of the question you are working on. Second, your description of what you don’t
understand (or think is incorrect). Finally, your work.
In order to understand an explanation you need to have attempted an answer yourself. Don’t just
ask to have the answer explained. If you ask that, then you will be referred back to the textbook.
Your work must show the equations that you are using to solve the problem, a description of
your solution approach (if necessary) and the values that you are plugging into the equation(s). If
you are working in Excel, then your answer spreadsheet should also be included. Please label the
variables and steps in your spreadsheet.
If it is appropriate for solving the problem, then also attach a time line. You can take a picture
with your smartphone.
10
Email Policy
17
The ability to email your instructor is a privilege and not an entitlement. Keep in mind that your
instructor has hundreds of students and other non-course obligations. Respect their inbox—don’t
clutter it with unnecessary emails. Follow these guidelines: 1) be polite and professional; and 2)
don’t ask lazy questions that are answered elsewhere.
Good Email Topics (Not Lazy):
1.
2.
3.
4.
5.
6.
A question about a financial concept, finance problem or event in the financial world.
A possible error in the homework or in an exam.
A personal issue (i.e., illness, injury or death in the family).
Career advice.
Elective course selection.
Letters of reference requests.
Bad (LAZY) email topics:
1. Asking about issues that are addressed on the announcement board or in the course
outline.
2. Asking for an extension on a Quiz deadline;
3. Asking for your mark before it is posted publicly;
4. Asking for a change in the course marking scheme (i.e., more weight on the final);
5. Asking for the opportunity to complete an extra assignment;
6. Asking for extra marks.
We NEVER give extra marks, extra assignments or change the course weights for individual
students. That would be unfair to the other students who need extra marks (assignments or a
change in weighting) and it would be unfair to those who worked hard, achieved the grades they
needed and are not asking for favours. Asking for these things is asking your instructor to
compromise their integrity and the integrity of the course.
Students who ask lazy questions will receive unhelpful (potentially sarcastic) replies. Often, the
reply will direct students to this policy.
18
Technical Support
CFO technical support is available at: https://support.pearson.com/getsupport/s/
19
Calculators and Computers
Students must have access to a PC or Apple computer. The best tool for doing finance
computations is a spreadsheet. A spreadsheet significantly increases the speed and accuracy of
your computations. Students who are interested in completing the CFA designation should also
11
strive to become proficient with a financial calculator, as it is the only computational tool
permitted on the CFA exams.
Students should consider purchasing an external monitor for their laptop. CFO is much easier to
use with two monitors. With two monitors, the e-text and a spreadsheet can be open and visible
simultaneously.
12
20
How to Learn Finance
According to Professor Eric Mazur, education is a combination of information transfer and the
assimilation of that information. Assimilation is the process whereby the student makes sense of
the information. It does not mean memorizing the facts. It is the process whereby students build
mental models of the ideas so that they can be applied in other contexts. It involves the ability to
solve problems but not simply plug-and-chug.
In the past, class time has focused on information transfer through lecture. Lectures evolved from
Socrates in ancient Greece. In the internet era, we are fortunate to have more advanced learning
resources. In this course, there is Corporate Finance Online (CFO), an online e-text with videos,
interactive examples, Excel templates, and lots of practice problems with detailed solutions.
In this course, the information transfer stage will occur out-of-class as students read (and watch)
CFO. This leaves class time for the assimilation stage of learning, which is the much more
difficult stage.
To get the most out of this course you should approach each week as follows. At the beginning
of the week you should do the assigned readings. To learn more about how to read a finance
textbook, watch this video: https://youtu.be/3V-t7XFkoOE. To motivate you to read, the self-test
questions in the e-text are graded. They are due on Sunday, which is the beginning of each
academic week.
After you are finished reading the learning objective, you should attempt some “homework”
problems for that learning objective. There is a graded homework assignment due every Friday.
(See the ‘Homework’ section.)
Do Lots of Problems
To master finance, it is imperative that students solve a large number of problems. A study of
student performance in introductory finance found that a student’s grade improves with the
number of problems attempted and with the effort invested in solving the problems.2 So, try to do
as many of the CFO problems as possible. (Do them all if you can.)
Don’t Use Question Help Until You Have your Own Answer
When working on problems, DO NOT look at the CFO solution tools until you have your own
answer. Peaking at the learning tools can create the illusion of learning when none has occurred.
When you are stuck, look back through the text for help and work on easier problems.
Read Before Class
It is critically important that students read the textbook before class. This course is designed so
that information transmission happens outside of class (through the online textbook) and idea
assimilation happens in class through the process of working on problems. Students must come
prepared to work on problems by reading the online textbook before class. To further motivate
W. McNally and B. Smith. 2010. “Determinants of Performance in a Hybrid Finance Course.”
Advances in Financial Education. Vol. 8, Issues 1&2, pp. 22-34.
2
13
pre-class reading, most weeks will feature a short pop-quiz at the beginning of the first class of
the week. The pop quizzes will focus on terminology and basic concepts.
The Benefits and Challenges of the Flipped Classroom
This course structure, with students reading before class and working actively on concepts in
class, is called the Flipped Classroom. Research has shown that students in the flipped model
learn more but their perception of learning is lower than that of their peers in passive
environments.3 Some students experience the increased cognitive effort associated with active
learning as signifying that they aren’t learning as much and that they are doing ‘all of the work’.
These are misperceptions. First, in any educational situation, it is the learner who must do all of
the work. Second, a superstar lecturer can create a positive feeling of learning when little to none
occurs. Think about how entertained you are by a good TED Talk and how little you retain
afterwards.
Workload
The average student should expect to spend at least four hours outside of class reading, watching
videos and working on problems. Students with weaker quantitative skills may need to spend
more time. Since this is a relatively large amount of time, students should do a little every day.
Finance Study Tips
1. Do all of the Practice Problems and Homework Problems in CFO.
2. When stuck on a CFO problem, do not look at the Question Help tools. Only use them
once you have an answer that is incorrect.
3. Each week, read the assigned chapter(s) and attempt a few problems before class.
4. Attend class and participate in the learning catalytics sessions.
5. Each week, review past quizzes and learning catalytics sessions and review the sections
of CFO relating to questions you got wrong.
6. Look at your incorrect midterm answers and review those topics in CFO.
7. Get the Workbook (the print upgrade for CFO) and work through it.
8. Look at the old midterms and final exams (in the ‘Old Exams’ folder).
9. Form a study group and use it to review problems that you are having trouble with.
10. Use the second year support centre to get help on problems that are tripping you up.
Deslauriers, L., L. S. McCarty, K. Miller, K. Callaghan, and G. Kestin. 2019. “Measuring Actual Learning Versus
Feeling of Learning in Response to Being Actively Engaged in the Classroom.” Proceedings of the National
Academy of Sciences 116 (39), pp.19251-19257.
3
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21
Test Mark Calculation
The test mark (midterms and final exam) will be calculated by standardizing the tests to a
common mean (described below). So, students should only pay attention to their mark relative to
the average and not to their absolute mark. Standardizing the tests around a common mean
allows us to correct for difficult tests and assures that students who miss a test aren’t advantaged
or penalized.
The test mark (exam/midterm) will be a weighted average of the deviations from mean for each
test added to a fixed constant.
Test mark = C + [wm1 x M1dev + wm2 x M2dev + wf x Fdev]
Where
C = average test mark (determined by the teaching team after the final exam) i.e., C = 69
wm1 = the relative weight of midterm 1 as a proportion of all tests
wm2 = the relative weight of midterm 2 as a proportion of all tests
wf = the relative weight of the final exam as a proportion of all tests
M1 = midterm 1 mark
M1avg = midterm 1 average
M1dev = M1 – M1avg = deviation from mean for midterm 1
M2 = midterm 2 mark
M2avg = midterm 2 average
M2dev = M2 – M2avg = deviation from mean for midterm 2
F = final exam mark
Favg = final exam average
Fdev = F – Favg
EXAMPLE:
Assume that there are three tests: the first midterm worth 15%, a second midterm worth 25% and
a final worth 35%. Tests are worth 75% of the overall mark so wm1 = 0.2, wm2 = 0333, and wf =
0.46667.
Consider a student who scores 45% on the first midterm (M1avg = 40%), 65% on the second
midterm (M2avg = 62.7%), and 76% on the final exam (Favg =72%).
For that student, the weighted average of deviations from mean is:
= [wm1 x M1dev + wm2 x M2dev + wf x Fdev]
= [0.2 x (45 - 40) + 0.3333 x (65 – 62.7) + 0.46667 x (76 – 72)]
= 3.63%
If C = 69%, then this student’s test mark is:
Test Mark = 69% + 3.63% = 72.63%
15
In this example the student consistently beats the average, but the first midterm score and the
first midterm average are very low. With this approach, the absolute performance is not
important. Instead, it is the student’s relative performance (relative to the mean) that is important
and in each test the student exceeded the mean. This student’s test score works out to 72.63%
which is above average (C=69%).
Using a weighted average of the raw scores, this student would have had a test score of 66.13%.
Note that this mark is just the test mark. The overall course mark would be a weighted average of
the test mark and the other components like homework and participation.
16
22
Online Textbook Access
This course is participating in the Digital Textbook Access (DTA) program, which means you
have discounted access to your course materials on the first day of class. Please do not purchase
a code from the Pearson site as the fee will come to your LORIS account. If you would like to
opt out of the program, you will need to do so through the book store communication sent to you
in the first two weeks of class. Please note that if you opt out you will lose all access to the
graded components of this course.
Follow these steps in this sequence:
1. Enter the BU283 MyLearningSpace Course:
1. Sign in to MyLearningSpace and enter your BU 283 course.
2. Select the MyLab & Mastering widget on the BU 283 course home page.
Fig 1. MyLab & Mastering Widget in BU283 MyLS site
2. Go to Pearson MyLab & Mastering
1. After clicking on the widget you will see this screen:
Fig 2. “Open MyLab & Mastering”
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2. Click on “Open MyLab & Mastering” (the yellow button)
3. Accept the “End User License Agreement’
4. Sign In with Your Pearson Account (or Create a Pearson Account)
a. Enter your Pearson account username and password to Link Accounts.
b. You have an account if you have ever used a Pearson MyLab & Mastering
product, such as MyMathLab, MyITLab, MySpanishLab, MasteringBiology or
MasteringPhysics.
c. If you don’t have a Pearson account, select Create and follow the
instructions.
5. Select an access option:
 Enter this access code: CSFCFO-FLUFF-SCUDO-BLURB-BEGOT-ROUSE
 *Please do not pay for access here – it will be charged to your LORIS account!*
6. From the You’re Done page, select Go to My Courses.
7. Enter the “BU 283 Fall 2020” course.
3. Register for the e-Text
1. The home page of the “BU 283 Fall 2020” MyLab & Mastering course looks like this:
Fig 3. Home Page of MyLab & Mastering Course
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2. Click on the ‘Registration’ tab to access the eText for this course. (On the lefthand side navigation bar.)
3. You will be prompted to enter another Access Code. It is provided under the
‘Registration’ link.
4. Finally, by clicking the ‘eText’ link, you can start reading the e-text, “Corporate
Finance Online”, which sits on Pearson’s REVEL platform. (On the left-hand side
navigation bar.)
Note: We recommend you always enter your MyLab & Modified Mastering course through
MyLearningSpace.
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Recommended Reading for Finance Enthusiasts
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 Beginner
o Warren Buffet, Berkshire Hathaway Shareholder Letters


o
o
o
o
(http://www.berkshirehathaway.com/letters/letters.html)
Joel Greenblatt, The Little Book that Beats the Market
Pat Dorsey, The Little Book that Builds Wealth
James Montier, The Little Book of Behavioral Investing
Peter Lynch, One Up On Wall Street
Advanced
o
o
o
o
o
o
o
Burton Malkiel, A Random Walk Down Wall Street
Nassim Taleb, Fooled by Randomness, The Black Swan
Michael Mauboussin, More than You Know
Howard Marks, The Most Important Thing
Edwin Lefevre, Reminiscences of a Stock Operator
Joel Greenblatt, You Can be a Stock Market Genius
Seth Klarman, Margin of Safety
Other
o
o
Josh Waitzkin, The Art of Learning
Roger Lowenstein,
 When Genius Failed
 Buffett: The Making of an American Capitalist
o Michael Lewis
 Liar’s Poker, The Big Short, Flash Boys
o Connie Bruck, The Predators’ Ball
o Finance resources from Aswath Damodaran
(http://pages.stern.nyu.edu/~adamodar/)
o “Pitch the Perfect Investment” by Paul Sonkin and Paul Johnson.
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University and Course Policies
1. Academic Integrity/Misconduct (cheating): Wilfrid Laurier University uses software that can check
for plagiarism. Students may be required to submit their written work in electronic form and
have it checked for plagiarism. You are reminded that the University will levy sanctions on
students who are found to have committed, or have attempted to commit, acts of academic or
research misconduct. You are expected to know what constitutes an academic offense, to avoid
committing such offenses, and to take responsibility for your academic actions. For information
on categories of offenses and types of penalty, please consult the relevant section of the
Undergraduate Academic Calendar. If you need clarification of aspects of University policy on
Academic and Research Misconduct, please consult your instructor.
2. Special Needs: Students with disabilities or special needs are advised to contact Laurier’s
Accessible Learning Centre for information regarding its services and resources. Students are
encouraged to review the University Undergraduate Calendar for information regarding all
services available on campus. If you are unsure what resources are appropriate for you or require
any assistance with any type of academic issues, contact the Central Academic Advising Office at
http://www.wlu.ca/academicadvising.
3. Final Examinations – Students are strongly urged not to make any commitments (i.e., vacation)
during the examination period. Students are required to be available for examinations during the
examination periods of all terms in which they register (See Academic Regulations –
“Examinations” in the academic calendars)
4. Intellectual Property - The educational materials developed for this course, including, but not
limited to, lecture notes and slides, handout materials, examinations and assignments, and any
materials posted to MyLearningSpace, are the intellectual property of the course instructor.
These materials have been developed for student use only and they are not intended for wider
dissemination and/or communication outside of a given course. Posting or providing
unauthorized audio, video, or textual material of lecture content to third-party websites violates
an instructor’s intellectual property rights, and the Canadian Copyright Act. Recording lectures in
any way is prohibited in this course unless specific permission has been granted by the instructor.
Failure to follow these instructions may be in contravention of the university’s Student NonAcademic Code of Conduct and/or Code of Academic Conduct, and will result in appropriate
penalties. Participation in this course constitutes an agreement by all parties to abide by the
relevant University Policies, and to respect the intellectual property of others during and after
their association with Wilfrid Laurier University.
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