Course Syllabus Business 283 Financial Management I Fall 2022 Contents 1 Not Liable for Changes by Public Health ............................................................................................ 2 2 Instructor Contact Info......................................................................................................................... 2 3 Prerequisites......................................................................................................................................... 2 4 Textbook .............................................................................................................................................. 2 5 Grading Scheme .................................................................................................................................. 3 6 Homework ........................................................................................................................................... 3 7 Participation ......................................................................................................................................... 3 8 Pop Quizzes ......................................................................................................................................... 4 9 Exams .................................................................................................................................................. 4 10 Schedule of Graded Assessment ...................................................................................................... 5 1 1 Not Liable for Changes by Public Health The course schedule, evaluation scheme, methodology, assessments, testing and final exam policies have been planned based on current public health guidelines. Should these guidelines change then the structure of the course may change; any adjustments will be communicated to students. 2 Instructor Contact Info Instructors: W. J. McNally, Bruce Everitt, Olaleye Morohunfolu E-Mail: wmcnally@wlu.ca, beveritt@wlu.ca, omorohunfolu@wlu.ca 3 Prerequisites 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. 4 Textbook Stan Eakins and William McNally. Corporate Finance (Canadian Edition) v2.1. (Boston MA: Flatworld, 2021). ISBN: 978-1-4533-3879-7. The course textbook is mandatory and is online. (You will complete your homework through the online textbook.) You can buy a digital subscription through the publisher’s web site by following this link: https://students.flatworldknowledge.com/course/2601434 When you purchase your online textbook you will be presented with a number of options. All you need is the "Online Access". (That will give you access to the homework as well.) The other subscription options add either a downloadable pdf of the textbook or a printed version, which will be shipped directly to you. 2 5 Grading Scheme Course Grading Scheme Homework Participation (Top Hat) Pop Quizzes Midterm #1 Midterms #2 Final Exam 6 8% 5% 8% 16% 23% 40% Homework The weekly homework assignments will be completed through the Flatworld web site. You must register through the following link to access the homework: https://practice.flatworldknowledge.com/c/HW-245C5A Make sure you register for “BU283 F2022 Financial Management”. 7 Participation The bulk of each class will be devoted to problem solving using the Top Hat web site (or Smartphone App). There is a subscription fee for Top Hat. On Top Hat students will see questions and be asked to input answers. After each question, the instructor will share the correct answer and review the solution. At the end of each week, the complete solutions will be available for review. Top Hat Registration Instructions For instructions on how to create a Top Hat account, please refer to the invitation sent to your school email address or consult Top Hat's Getting Started Guide (https://bit.ly/31TGMlw). If you already have a Top Hat account, go to https://app.tophat.com/e/797069 to be taken directly to our course. If you are new to Top Hat, follow the link in the email invitation you received or... • Go to https://app.tophat.com/register/student • Click "Search by school" and input the name of our school • Search for our course with the following join code: 797069 If a paid subscription is required, it will be listed at checkout when you enroll in our Top Hat Pro course. Should you require assistance with Top Hat at any time please contact their Support Team directly by way of email (support@tophat.com), the in-app support button, or by calling 1-888-663-5491. 3 8 Pop Quizzes Pop-quizzes are short (6-10 questions and 9-10 minutes) multiple choice quizzes that test understanding of terminology and basic concepts. 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 completing the assigned reading. Pop quizzes will be served through MyLS. Pop-quizzes cannot be reviewed after completion. This policy protects the integrity of the question database. As an alternative to post quiz review, take note of unfamiliar terms or concepts during the quiz and review them afterwards. 9 Exams Name Midterm Exam #1 Midterm Exam #2 Final Exam N.B. • Date Saturday, Oct 1 Friday, Nov 11 TBA Start Time 5:00pm 6:00pm TBA The final exam is cumulative. 4 10 WEEK Schedule of Graded Assessment DUE ASSESSMENT READINGS 1 1 sep 15 2 sep 19-21 2 sep 22 3 sep 26-28 3 sep 29 Oct 1 4 oct 3-5 4 oct 6 5 oct 17-19 5 oct 20 6 oct 24-26 Homework Pop-Quiz Homework Pop-Quiz Homework Midterm #1 Pop-Quiz Homework Ch.1, Ch.3 Ch. 4.1-4.3 Ch. 4.1-4.3 Ch. 4.4 & 4.5, Ch. 4.4 & 4.5 Ch. 7.1-7.4 & 7.7 Ch. 7.1-7.4 & 7.7 Oct 11-14 Reading Week Bonds 1: Zero Coupon Bonds Bonds 2: Coupon Bonds Pop-Quiz Homework Ch. 7.5&7.6, Ch.8.1 Ch. 7.5&7.6 Bonds 3: Coupon Bonds Stocks 1: Corporate Governance (Guest Speaker) Stocks 2: Preferreds & DDM Stocks 3: Repos & TPM Stocks 4: Value Ratios 7 Pop-Quiz oct 27 Homework oct 31 – nov 2 Pop-Quiz 7 nov 3 8 nov 7-9 8 nov 10 6 Nov 11 9 nov 14-16 9 nov 17 10 nov 21-23 10 nov 24 11 11 nov 28-30 dec 1 12 dec 5-7 12 dec 8 TOPICS Intro & Capital Markets TVM 1: PV, FV, ‘i’ and n TVM 2: Annuities TVM 3: Advanced Annuities Homework Pop-Quiz Homework Midterm #2 Pop-Quiz Homework Pop-Quiz Homework Pop-Quiz Homework Pop-Quiz Homework Ch.8.2-8.4 Ch.8.2-8.4 Ch.8.5, Ch.2.3 & 2.5, & ‘Relative Valuation’ (On MyLS) Ch.8.5, Ch.2.3 & 2.5 & RV Ch.5 Ch.5 Ch.6.1-6.3 Ch.6.1-6.3 Ch.6.4. 6.5 & Ch.8.6 Ch.6.4, 6.5 & Ch.8.6 Ch.18 (18.1-18.4) Ch.18 (18.1-18.4) Ch.18.5 & 18.6 Ch.18.5 & 18.6 TVM 4: Loans Mid 1 Workshop Stocks 5: Ratio Analysis Risk and Return Mid 2 Workshop Portfolio 1: Diversification Portfolio 2: Systematic Risk Portfolio 3: Beta & E(k) Portfolio 4: Equilib. & EMH Futures 1 Futures 2 & Options 1 Options 2 Notes: • No classes Sep 8 & 9. • Week 1: Watch ‘Overview of Capital Markets’ video in ‘Capital Markets’ folder on MyLS. • Week 7: Relative Valuation readings in ‘Ratio Analysis’ folder on MyLS 5
