BUSINESS FINANCE, NEU
FIN 300
SUMMER 2023
Instructor: Jose Navarrete Cruz
Email: JoseGNavarret@neu.edu.vn
Class Time & Location: Monday through Friday from 1:00PM to 4:00 PM
Required Textbook & Materials
• Fundamentals of Corporate Finance, by Ross, Westerfield, and Jordan, 13th Ed., McGraw-Hill Irwin, 2022,
ISBN 978-1-260-77239-5, ISBN 978-1-264-25007-3.
• A financial calculator (Texas Instruments BAII PLUS)
Prerequisite & Enrollment
ACCT
Course Description and Objectives
This course introduces the subject of business finance. It provides students with a general understanding of the
basic financial concepts that every manager should know. Students will learn basic concepts of business finance
including business ethics, financial statement analysis, financial ratio analysis, the time value of money, bond
valuation, stock valuation, and the effect of these concepts on business decision-makings.
Assignments and Course Prerequisites
Students will undergo chapter assessments following the completion of each chapter’s lecture. The due dates
for the graded assessments will be announced in class. If you miss class, you are responsible for what
happens in class (any and all announcements and discussions) and for obtaining the information covered from a
classmate. All assessments must be completed by their ANNOUNCED due dates.
Some end-of-chapter problems will be assigned as practice problems to sharpen students’ understanding of
financial theory and analytical techniques. These problems will not be graded, but I’ll discuss them in class if
needed. Students are responsible for all the subject matter discussed in the class. You will need a financial
calculator to work on many of the book problems, especially the time value of money problems. I will use the
Texas Instruments BAII PLUS calculator in class.
Examinations and Grading
a) There will be three in-class examinations including the final examination.
b) There are no make-up examinations. Absence from a scheduled examination without approval of the
instructor and a valid written excuse will result in a grade of zero. Approval to be absent from an
examination will be granted only in the case of extreme personal emergency. If approval is granted by the
instructor, the student must make up the exam immediately. To pass the course, students should take all
three examinations on the scheduled dates. Missing one exam will result in failure in this course.
c) The exams will be closed book and based on assigned readings, lectures, practice and assessment problems.
d) Only a calculator, pencils, and an eraser can be used during examinations. No computers will be allowed.
Any type of academic dishonesty (plagiarism, copying, cheating, turning on cellular phones, etc.) in
attendance checks, project, class sessions, and examinations will result in a final course grade of "F" and
will be reported to the University.
e) One 3X5 note card with formulas only will be allowed during the examinations.
f) Grading for the course will be as follows:
Percent Points
Examination #1 (Friday, June 16)
25%
100
Examination #2 (Friday, June 23)
25%
100
Examination #3 (Friday, June 30)
25%
100
Chapter Assessments
17.5%
70
Attendance & Participation
7.5%
30
Total Score
100%
400
Exam/Assessment dates may be subject to change!
I’ll use the shaded grading policy. Grades will be awarded on the usual shaded grading scale:
A:
>= 90%
C:
70-75.9%
A-:
89-89.9%
C-:
69-69.9%
B+:
87-88.9%
D+:
67-68.9%
B:
80-86.9%
D:
60-66.9%
B-:
79-79.9%
F:
below 60%
C+:
76-78.9%
Attendance
Class attendance is required. Students are expected to be regular and punctual to class.
Attendance will be regularly checked. Unexcused absences will adversely affect your grade. If
you have special problems preventing your attendance at a class, please send me an email. Only
an email is acceptable. Do not tell me about absences in the hall or in my office. If you miss
class, you are responsible for what happens in class (any and all announcements, discussions)
and for obtaining the information covered from a classmate.
Syllabus Changes
The instructor may elect to change the content or schedule of the syllabus to better accommodate
the learning needs of the class. Students will be notified of any changes.
Course Outline
Week 1
Session
June 12
June 13
June 14
June 15
June 16
Assignment
Chapter 1
Chapter 2
Topic
Introduction to Corporate Finance
Financial Statements, Taxes, and Cash Flow
Chapter 3
Working with Financial Statements
1st Examination
Chapters 1, 2, & 3
Week 2
Session
June 19
June 20
June 21
June 22
June 23
Assignment
Chapter 5
Topic
Introduction to Valuation: The Time Value of
Money
Chapter 6
Discounted Cash Flow Valuation
2nd Examination
Chapters 5 & 6
Week 3
Session
June 26
June 27
June 28
June 29
June 30
Assignment
Topic
Chapter 7
Interest Rates and Bond Valuation
Chapter 8
Stock Valuation
Final Exam
Chapters 7 & 8
* This schedule is subject to revision at the instructor’s discretion. I may cover only selected topics from certain chapters.
**Covered only if time permitted.