FIN5310 Financial Management COURSE SYLLABUS 1 Table of Contents I. Course Title II. Course Description III. Course Professors IV. Course Objectives V. Materials VI. Course Outline and Expectations VII. Technology Requirements VIII. Grading and Evaluation IX. Course Evaluation X. Course Topics/Course Calendar XI. Additional Course Information/Other Policies XII. University/College/Department Policies I. Course Title FIN5310 – Financial Management II. Course Description This course focuses on the analysis, evaluation, and application of contemporary theories of finance. The material covered includes the financial environment, valuation concepts, capital budgeting, capital structure and dividend policy, working capital management, issue in international finance, mergers, and acquisitions, and long-term financing. 3 credits. III. Course Professors Professor Name: Dr. Heriberto Garcia, CFA, CMA, CSCA. Title: Associate Professional (Clinical Professor) Phone: 956.326.2510 Email: hgarcianunez@tamiu.edu Office Hours: Monday to Thursday 9 AM. to 11 AM. You can visit / conference call for sure during this schedule time. As an alternative I usually I am on my office during office hours 9 Hrs. to 17 Hrs. Monday to Fridays. Sometimes I have classes or meetings, you can leave message or email me using Black Board course message. IV. Course Objectives Upon successful completion of this course, each student will: CO1: Define the theories of finance. CO2: Describe the financial market that involves key financial decisions. CO3: Analyze the capital budgeting process. CO4: Identify how international financial markets have influenced the domestic financial markets. V. Materials Textbook Foundations of Financial Management, 17th Edition. McGraw Hill eBook ISBN10: 126001391X | ISBN13: 9781260013917 By Stanley Block, Geoffrey Hirt, Bartley Danielsen o o o The required textbook will guide students through the concepts in this course. Students will be presented with real-world situations from the textbook readings and assignments. IT IS MANDATORY IN THIS COURSE TO HAVE FINANCIAL CALCULATOR VI. Course Outline and Expectations Participation/Attendance This is an online course. There will be no extra credit given during the course. Academic Honesty Plagiarism is the presentation of someone else’s work as one’s own. Recently, the Internet has complicated the picture. Getting something from the Internet and presenting it as one’s own is still plagiarism. Copying another student’s paper or a portion of the paper - is usually called “copying”. Neither plagiarism nor copying will be tolerated. Should a faculty member discover that a student has committed plagiarism, the student will receive a grade of ‘F’ in that course and the matter may, if necessary, be referred to the TAMIU Honor Council for possible disciplinary action. Course Structure This 7-week course will consist of 11 topics. Module folders are located under the Course Materials, Activities, and Assessments icon in the Blackboard course. During each module, you will find a Module Introduction that will provide you with an overview of the important concepts for the module and an overview of the assignments that will be due for that particular module. The Course Objectives are provided in each module folder to remind you of what you will learn throughout the course. The Module Objectives are listed in each module folder to provide a focus on what the main objectives will be for each module. An overview of the module activities will provide you with an outline of the different activities and due dates for all assignments in each module. In addition, lecture materials, such as PowerPoint presentations will be provided in each module folder. Finally, you will find links to all of your assignments in the module folders. Below is an overview of the different types of assignments that you will complete during this course. This course is more quantitative-oriented than most graduate courses, ergo students must have the ability to understand the concepts covered in the textbook and apply the concepts to realworld business cases. Reading the chapters every week and solving problems and exercises covered at the end of each chapter is one of the major responsibilities of the student during this course. In addition, 2 business case reports will require the student to understand the materials in order to achieve what is required, business reports are related to one particular real business case that you will develop during the semester. Discussion forums will help students to see beyond their own business case questions. Participation in discussion forums can help students to understand the concepts we cover this semester by seeing them applied in different situations, and to different business cases, reinforcing students’ learning experience. 2 exams are assigned; these exams will cover concepts found in the textbook. To perform well on exams, students should read all assigned chapters thoroughly, watch the course lectures available with the textbook resources, and work through all guided examples for each module. Exams become available during specific dates and hours to see the schedule table. Students will have 2 hours to complete Students should not receive assistance from any person or any other source. The exams are strictly timed, and at the end of the allotted time access to the exam will end. The exam clock will start the first time the student opens the exam. Students should ensure that before they access an exam they have reliable access to the internet. I recommend that you come to campus to take the exams if you do not have access to reliable internet. The instructor cannot restart the exam clock, nor can students be given a second opportunity to take the exam. Plan ahead and be prepared. Minimum Technical Skills Expected A student enrolling this course should be familiar using the latest versions of Microsoft Office and its bundle of software such as MS Word, MS Excel, MS Power Point. A student is also expected to have ready access to a computer and/or laptop with stable Internet access and connection. A student should also possess basic computer interactional skills (spreadsheet and word processing, drafting presentation materials), Internet navigations skills, and emailing skills. When participating in distance education courses, it is vital to consider the technology involved in order to have a successful course. Students in distance education should have knowledge of basic computer and Internet skills, as mentioned on the Instructional Technology and Distance Education Services’ webpage. Additional skills required for this course include knowing how to use VoiceThread and Turnitin. Accommodations/Accessibility Policy Texas A&M International University seeks to provide reasonable accommodations for all qualified persons with disabilities. This University will adhere to all applicable federal, state, and local laws, regulations and guidelines with respect to providing reasonable accommodations as required to afford equal education opportunity. It is the student's responsibility to register with the Director of Student Counseling and to contact the faculty member in a timely fashion to arrange for suitable accommodations. For more information, contact the Office of Disability Services for Students (DSS) via phone at 956.326.2230, online at http://www.tamiu.edu/wellness/disability.shtml, or by visiting the staff at the Senator Judith Zaffirini Student Success Center, room 138. A link to the Disabilities Services for Students site has also been included under the "Resources" tab inside the course. Student Support Resources The University wishes to have all students succeed in their courses. To provide support to our students, an array of services in the areas of technology support, academic support, student support, and accessibility support may be found at the University. For more information, visit Instructional Technology and Distance Education Services’ page on University Resources and Support Services. Student-Instructor Communication Policy and Response Time Course Messages/Emails The best way to contact your instructor is through email. For the purposes of this course, all communication and exchanges will be through the Blackboard course email facility on Blackboard. The instructor’s response to a student’s email will be within 48 hours. Assignments and Assessments Given the fast pace of this course, all written assignments, discussion forums, and assessments will have a specific time and date to engage and complete. That said submission deadlines will be strictly observed. Hence, you will need to engage and complete these assignments and assessments on time. The specific time and date to access, engage, and complete any particular assignment or assessment are duly posted in the syllabus and in the Blackboard course. With regards to feedback time for exams and critique assignments, these will be available within 48 hours from the close of these assessments and assignments’ submission portal on Blackboard. For the final grade, feedback will be available within 48 hours after the course ends. Course Communication Guidelines (Netiquette) There are course expectations concerning etiquette or how we should treat each other online. It is vital that we consider these values as we communicate with one another. Visit Instructional Technology and Distance Education Services’ web page on Netiquette for further instruction. VII. Technology Requirements Computer/Technology Requirements This course was designed and to be used in MAC IOS OPERATIVE SYSTEM OR WINDOWS ENVIRONMENT. EXAMS, REPORTS AND DISCUSSION REQUIRE TO USE EXCEL, WORD AND ANY BROWSER USING THESE OS SYSTEMS BY DEFAULT. THIS COURSE DOES NOT WORK WITH CHROME OPERATIVE SYSTEM. You must find the way to use any of these two OS. When participating in distance education courses, it is vital to consider the technology involved in order to have a successful course. Online students will need regular access to a personal computer that runs on a broadband Internet connection. It recommended that you meet the technical requirements listed on the Instructional Technology and Distance Education Services’ webpage when using the learning management system (LMS) of the University. Additional Software. You will need the following additional software: Microsoft PowerPoint for viewing lesson presentations and Microsoft Word for viewing course files and submitting assignments. TAMIU Students may access online versions of this software through their Dusty Office 365 account at https://dusty.tamiu.edu/. This site also provides students access to download the Microsoft suite for educational use. See instructions for downloading the Microsoft Office suite. Note: Students if you do not own the required hardware, software or do not have access to internet, it will be highly challenging for you to make any progress in this class. However, my goal is to assist you to find solutions and guide you appropriately most of the required materials can either be found free of charge at TAMIU’s library, computer labs, and classrooms. In addition, you may also purchase any of these items at any electronic store. Learning Management System Students are provided with guides and online ticketing service when an LMS issues arises. Blackboard Help is available at http://www.tamiu.edu/distance/students/elearningorientation.shtml. Technical Support Services Inform students on how they may acquire technical support for their online courses, such as email, LMS, or HelpDesk support. Because of the nature of distance education courses, the Office of Information Technology (OIT) computing and information services are vital to the success of online students. This webpage covers contact information for Distance Education Services, the OIT Help Desk, and E-mail support: Technical Support Services. VIII. Grading and Evaluation Final Grade Calculation Grading Scale/Schema In determining the final course grade, the following scale is used: 90- 100% 80- 89.99% 70- 79.99% 60- 69.99% below 60 A B C D F There is no extra credit available in this class. All requests regarding course record corrections (e.g. exams, case reports) must be submitted in writing within one (1) week after graded materials are returned, reviewed, and/or after grades have been posted in the BlackBoard grade book. After that time, all grades and records become final. Please note that any and all changes are at the sole discretion of the instructor. Rubrics Rubrics are included for the written assignments in the course. The rubrics used will be used to assess the course’s assignments. Late Work Policy Any late work by definition will earn a ZERO. IX. Course Evaluation At the end of this course, students are encouraged to complete a course evaluation that will be distributed to them via email and through a course link. X. Course Topics/Course Calendar Schedule Table Listing of dates of when modules and assignments will be followed in the course. Due dates may be listed. Important course dates, such as withdrawal dates may be listed. Yellow Cells denote important attention for the student, keep in mind that every week we have one quiz and one case report to fulfill. Remember FINAL exams by TAMIU policy must be comprehensive. Activity Descriptions If for any reason, you have an unexpected event (health, illness or accident) I can make exceptions, but you must document your event and should be immediately informed to me after you know the event that will change your agenda for the following weeks. You must send me the documented evidence (you can delete your personal delicate information) and must be within the 2 days before or after the event. This is the only exception that I can accept to alter the grading process. Your documented case will be reviewed by my supervisor and then I will be able to negotiate with you how we are going to handle your case. Remember it should be an event that is death or life situation. If you do not follow these important rules and submit your information in a different time, manner and not following this protocol, I will not be able to help you. 2 Case Reports description: You will be assigned with one public firm traded into one of the major financial markets, below are the instructions: 1. You will be assigned to one public firm during the semester. 2. You must visit the company's official web page to download the latest 3 SEC Fillings 10K Reports. You must download the pdf’s files from the last 3 years. 3. Inside the SEC 10K Annual reports you must read the sections related to Part 1. Business Descriptions and Risk Factors. Part 2. Selected Financial Data and Management’s Discussion and Analysis. Part 4. Financial statements and notes to the consolidated financial statements. 4. As is described in section X Course Topics/Course Calendar/Schedule Table, there are some topics and chapters to read each week. For example, for Module 1, which represents the first week of the course, we are going to cover the concept of Framework for Analyst and Valuation Module 1. You must read this chapter. 5. After reading the SEC10K files from your firm and the related chapter for the week. Then you will be able to make the weekly case report. Below is the content and requisites for the report. Content related to the 2 case reports. Each report must provide calculations using an Excel Spreadsheet, conclusions must be included in a word document file. The 2 cases reports are going to be related to your semester real case company assigned by your professor at the beginning of the semester. Each number below must be addressed in one excel tab. Case Report 1. 1- Evaluate the 4 economic dimensions of your firm, liquidity, profitability, debt-paying ability, and Investors. Here you must perform the FSA for your firm. Your conclusions must be based on at least 3 years of analysis. Evaluate means if the dimension is improving, stable, or getting worse. 2- Select one of the company bonds, issued in the past. Given the actual rates, perform an economic valuation answering what is the market price of the bond, including the calculations in the spreadsheet and conclusions in your word document. 3- Calculate the Beta of your firm, using 60 historical monthly data. Provide conclusions and calculations. Case Report 2 1-Using any of the methods from your textbook, select the most appropriate for your firm to conclude the Value of your company stock. 2-Select one option instrument used by your firm and explain the motives, reasons, economics, and risk management foundations. Provide specific details about the instrument. 3- Using the company's beta calculations and the all financial liabilities of the firm calculates the Cost of Capital of your firm, using the Weighted Average Cost of Capital, WACC, and use the previous year's tax rate to conclude the actual WACC. 4- Forecast at least 5 years of cash flow, using your own assumptions. Remember, you must forecast the cash flow to reach the economic value of your firm. 5- Calculate using the previous point the value of your firm. 6- Conclude how the actually expected cash flow is related to the capital structure of your firm. All Case Reports must pass the SAFE ASSIGN TOOL NO MORE THAN 10% ORIGINALITY SCORE. Visit the following page if you need to learn more about Safe Assign Tool http://www.tamiu.edu/distance/students/elearning-orientation.shtml or by contacting the eLearning team at elearning@tamiu.edu. Your report must pass the originality report with a score lower than 10%. If your case report is above the 10% originality score maximum accepted level, your grade will be zero. You will have the opportunity to reduce your originality score as far the dropbox is open, sometimes it will be required to submit several times the file to reach below the 10% permitted. No late submissions are accepted. Here are some important rules before you read the rubric: 1. Case reports with more than 10% safe-assign have a grade of ZERO. If you have more than 10% and your excuse is that you did not receive the system update about your safe-assign score, your grade is ZERO. Any other excuse is also not valid. 2. If you submit a PDF file, or a file different from WORD your grade is ZERO. 3. If you submit a different file or different version, because (any of 120 reasons I have) your grade is ZERO. 4. If you do not submit your file because of, bad internet connection, your full working agenda, your computer failed or any of the 100 excuses I have in my memory, your grade is ZERO. 5. If for any reason your file is not in the right dropbox in time, your grade is Zero. (you submitted your file into a different week or dropbox) 6. If you fail to submit your file because the dropbox was closed 2 or 3 minutes before your personal clock, your grade is Zero. Material and Content to Cover The application between materials and case company Not Acceptable The student was not able to complete the material as is expected or it is incomplete meaning less than the expected 10/100 The report lacks the relation between what is covered in chapters and the case company annual report 20/100 Rubric Case Reports Below Average Content is complete, but it lacks the order, clarity, and cohesive manner 20/100 The report has some relation between the material covered in chapters and the application into the case company, but not a description of benefits or of using the theoretical concepts 30/100 Good Complete, cohesive but it lacks the theoretical conclusions to properly perform the valuation or analysis 35/100 Excellent Complete, cohesive, conclusion according to the theory 50/100 Complete application of all the concepts but without concrete mention of how the parts produce a competitive advantage 40/100 The complete link between the theory and practice with concrete examples of how concepts are related with strategic advantage 50/100 2 Exams You must install and learn how to use the MONITOR Respondus Software. Exams will be scheduled in advance every week, see the schedule table to know exactly the schedule for the semester, exams will be available only at the scheduled time at the end of this document. Exams will be open-ended questions, Multiple Choice questions, or a combination of both. For the Exams, it will be required to know the material revised during the previous weeks. It is going to be required to have a FINANCIAL calculator to perform calculations. The time required in each exam will vary because it required answering open questions, but you should expect to block at minimum 120 minutes of your time. Once you start the exam it cannot be paused or aborted; you must finish the exam. Exams results are going to be released within 48 hours after the due date. See the schedule table to know exactly the chapters that are covered for each exam. Because here I informing you in ADVANCE due exams are graded with ZERO. The final exam is comprehensive. It covers all chapters covered in this course. Because exams are a combination of open-ended and multiple-choice questions, here are some basic rules and ideas in regard to the 3 exams. 1. If you have a multiple-choice question, try not to exceed 120 seconds per question or 2 minutes. 2. If you have an essay, open-end question, try not to exceed 15 minutes of your time. 3. Essay, calculations, or open-ended questions require you to calculate and support your answers, if you just answer without the explanations, without calculations or logic behind the answer, you will have only half the points of that question. 4. Writing something just to repeat or justify that you answered something that is unrelated to the question, you will have no credit. If you have for any reason more than 5 flags using the Monitor Respondus Software your grade will be ZERO. If you have two exams with 5 flags, your case will be submitted to the Honors Student Committee. Flags are produced when you are seeing other places except for your screen monitor. Cheating is a serious offense in this course. It is obvious to tell you that you cannot chat, nor communicate or talk with any other person during the exam. Exams are individual and Cheating is a SERIOUS offense in this course. Final Comprehensive Exam. The officially scheduled date for your final exam is on the schedule table, it is official and cannot be modified. The final exam is comprehensive and will require no more than 120 minutes. 3 Discussion Forums: One way to enhance the learning experience is using discussion forums, for example, if you know the importance of account receivables and inventories in your case firm in terms of relative importance, or in terms of days or turnover and then you want to know these variables with other firms within the industry (competitor) or with different sectors. You will be able to ask your colleagues because they are going to have different firms within the sector or in different sectors. Discussion forums simulate classroom experience and will require you to interact your experience and knowledge from your case firm with your colleagues. We are going to have 3 discussion questions and your professor can enhance the discussion using additional real case examples, you will be required to answer the questions from your own company but also you will need to comment with at least two of your colleague's answers every week. Please post your initial response (first post) by Wednesday no later than 11:59 p.m. CT of the corresponding week, and comment on the posts of two classmates by Fridays no later than 11:59 p.m. CT of that same week. Your posts to your classmates must be not less than 100 words. I do not accept late discussion forums. You must show your calculations in detail. For example using this format $2,600 / $92,372 = 0.0281= 2.81% Mechanics about Discussion Forum. We are going to explore some Questions per Week and two comments in two different cases (or colleagues) per (Week). Questions are related to your own semester case company. Discussion forum 1 Conclude about, liquidity, profitability, debt-paying ability, and investors returns for your case company, for each of the four dimensions, use the correct ratios to produce your assessment, and follow this format below to post your discussion. Use 3 years framework for your calculations. Dimension Ratio used Calculations Results Conclusion You may need to visit the management discussions and financial statements to perform this task. Now assume the following, your company's total assets are the initial investment negative number, then the cash flows per year are the average operating cash flows from the last 3 years, this number is going to be the same for five years, there is perpetuity during the year 6, the operating cash flow in perpetuity will be divided by the actual financial cost using in any of the financial debt instruments from your company, calculate the net present value and the IRR for these cash flows. NPV/IRR cost average operative cash flow financial What is your final conclusion in all these calculations? Explain. Yes, you may need to revisit the SEC10Ks. Discussion 2 Using any of the methods to value the stock, determine if your stock is under or overvalued, and use the following format to post your discussion. The method used under or over Actual stock value vs the calculation Why is Conclude why the methods can end in 3 different numbers, which one is the correct one? Support below all your calculations. You probably will need to make some assumptions, describe here under your explanations. You will need to calculate the cost of capital, you will need to use two versions, using book values for debt and equity and then using market values for the same measures. Use the following format. For taxes you just need to use taxes for the period divided by the pre-tax income, that will be the effective tax rate. Measure planation Kd/Ks Market value and Book Value Value Conclude why the cost of capital is different and why one of the methods is the correct one. Discussion 3 Ex Assume that your company is going to enter into a new investment project worth 30% of the actual total assets base, the investment can lead to increase revenues 2 times the actual revenues, and to keep the same gross margins, no additional expenses are required, assume the project will last only five years. Using the actual cost of capital of your firm determine if the project is accepted or rejected. Show your calculations and fill in the format below. Include any assumptions used in your calculations. Marginal Change Five Years Flows Investment Cash Flows Cost of Capital used Value at the end of the five years? Accepted or Rejected? PV of Cash Having identified the potential economic opportunity from your previous discussion, then identify how and why you can expand the balance sheet to fulfill those opportunities, to do so first, 1) Describe the actual financial instruments from your firm, notes, bonds, derivatives, leases, and loans 2) What is the actual financial cost of these liabilities 3) What is the credit rating of your firm, please use the format below to post your findings. Type of Security rating Amount Absolute$ and Relative% Cost in % Credit The total amount of liabilities with financial cost = You probably will need to summarize some liabilities, summarize by type and amount. See the notes to the consolidated financial statements. The following rubric will be used to grade responses in Discussion Forums: 1- If you do not post your discussion as indicated, in a form of a table, your grade will have 50%. 2- If your comments to your colleagues are related to how good they are or based on personal opinions, your grade will be 50%. 3- Comments to your colleagues are related to how similar or different are the ratios, calculations, or business events, and the related theoretical background to your case company. Comments are not related to how well your colleague writes his post and that you agree with everything. 4- If you do not comment to your colleagues your grade will be 25%. 5- If you do not include details in calculations, your grade will be 50%. 6- If you post your discussion in a form of a paragraph, your grade will be 50%. 7- If you post a vague explanation not answering the question directly as is required, your grade will be 25%. 8- If you post your discussion in a form of “file” to read, your grade will be ZERO. 9- If you do not post on time, your grade will be ZERO. To have a full grade read carefully the rubric below. Criterion Below Expectations 1. 30% Meets Expectations 2. 70% Exceeds Expectations 3. 100% (Score 0 if the element is absent) / Grade Completed response to the question Counts 50% The student’s response does not include references to the concepts at issue. The student’s response partially answers the question or explains the concept. The student’s response contains numerous grammatical errors. Students response have less than 100 words. The student’s response references adequately and exhibits an understanding of, the concepts at issue. The student’s response adequately addresses the question that has been posted. The student’s response is written with few grammatical errors. The student’s response references well and exhibits a thorough understanding of, the concepts at issue. The student’s response completely addresses the question that has been posted. The student’s response is written without grammatical errors. Use of logic and/or evidence to support assertions in responses to the questions and your colleagues Counts the other 50% Assertions are based on personal opinions only. Assertions are based on empty citations: citations given as support for an assertion but no information is provided about the content of the cited work or how or why the cited work/author supports the assertion made. Factual or logical errors: the cited work does not actually support the assertion made, or the concept and supporting evidence are explained illogically or otherwise incorrectly. Assertions are supported with partly appropriate evidence and/or plausible logic. Appropriate evidence and logic include an interpretation of empirical data, a description of arguments or evidence presented in a scholarly source that supports the assertion (with appropriate citation of the source), and a correct explanation of the concept. Evidence supporting an argument is explained logically and correctly. Assertions are supported with wholly appropriate evidence and sound logic. Assertions are supported by multiple sources of evidence. When relevant, opposing positions are considered and arguments discounting these positions are supported with relevant evidence. Synthesizes evidence to draw relevant and logical inferences. XI. Additional Course Information/Other Policies Syllabus Subject to Change While information and assurances are provided in this course syllabus, it should be understood that content may change in keeping with new research and literature and that events beyond the control of the instructor could occur. Students will be informed of any substantive occurrences that will produce syllabus changes. Proctoring Respondus LockDown Browser/Monitor OR Examity. Contact elearning@tamiu.edu for the syllabus statement and other information. Accessibility and Privacy Statements on Course Technologies At Texas A&M International University, we believe that all students should have equal technology opportunities in the classroom. These technologies/sites may also require user data, such as the creation of a username and password. In this class, we will utilize Blackboard, Echo360, SoftChalk, VoiceThread, and Turnitin. You may find the accessibility and privacy policies of these technologies on the following pages: Accessibility Statements and Privacy Statements. XII. University/College/Department Policies Classroom Behavior or online interactions The A.R. Sanchez, Jr. School of Business encourages classroom discussion and academic debate as an essential intellectual activity. It is essential that students learn to express and defend their beliefs, but it is also essential that they learn to listen and respond respectfully to others whose beliefs they may not share. ARSSB will always tolerate diverse, unorthodox, and unpopular points of view, but it will not tolerate condescending or insulting remarks. When students verbally abuse or ridicule and intimidate others whose views they do not agree with, they subvert the free exchange of ideas that should characterize a university classroom. If their actions are deemed by the professor to be disruptive, they will be subject to appropriate disciplinary action, which may include being involuntarily withdrawn from the class. Copyright Restrictions The Copyright Act of 1976 grants to copyright owners the exclusive right to reproduce their works and distribute copies of their work. Works that receive copyright protection include published works such as a textbook. Copying a textbook without permission from the owner of the copyright may constitute copyright infringement. Civil and criminal penalties may be assessed for copyright infringement. Civil penalties include damages up to $100,000; criminal penalties include a fine up to $250,000 and imprisonment. Copyright laws do not allow students and professors to make photocopies of copyrighted materials, but you may copy a limited portion of a work, such an article from a journal or a chapter from a book for your own personal academic use or, in the case of a professor, for personal, limited classroom use. In general, the extent of your copying should not suggest that the purpose or the effect of your copying is to avoid paying for the materials. And, of course, you may not sell these copies for a profit. Thus, students who copy textbooks to avoid buying them or professors who provide photocopies of textbooks to enable students to save money are violating the law. Plagiarism and Cheating Plagiarism is the presentation of someone else’s work as one’s own. Recently, the Internet has complicated the picture. Getting something from the Internet and presenting it as one’s own is still plagiarism. Copying another student’s paper or a portion of the paper - is usually called “copying”. Neither plagiarism nor copying will be tolerated. Should a faculty member discover that a student has committed plagiarism, the students will receive a grade of ‘F’ in that course and the matter may, if necessary, be referred to the TAMIU Honor Council for possible disciplinary action. Students with Disabilities Texas A&M International University seeks to provide reasonable accommodations for all qualified persons with disabilities. This University will adhere to all applicable federal, state, and local laws, regulations and guidelines with respect to providing reasonable accommodations as required to afford equal education opportunity. It is the student’s responsibility to register with the Disabilities Services Coordinator located in the Student Counseling Center and to contact the faculty member in a timely fashion to arrange for suitable accommodations. XIII. Student Attendance and Leave of Absence (LOA) Policy: Pregnant and Parenting Students Under Title IX of the Education Amendments of 1972, harassment based on sex, including harassment because of pregnancy or related conditions, is prohibited. A pregnant/parenting student must be granted an absence for as long as the student’s physician deems the absence medically necessary. It is a violation of Title IX to ask for documentation relative to the pregnant/parenting student’s status beyond what would be required for other medical conditions. If a student would like to file a complaint for discrimination due to his or her pregnant/parenting status, please contact the TAMIU Title IX Coordinator (Lorissa M. Cortez, 5201 University Boulevard, KLM 159B, Laredo, TX 78041, TitleIX@tamiu.edu, 956.326.2857) and/or the Office of Civil Rights (Dallas Office, U.S. Department of Education, 1999 Bryan Street, Suite 1620, Dallas, TX 75201-6810, 214.661.9600). You can also report it on TAMIU’s anonymous electronic reporting site: www.tamiu.edu/reportit. TAMIU advises a pregnant/parenting student to notify their professor once the student is aware that accommodations for such will be necessary. It is recommended that the student and professor develop a reasonable plan for the student’s completion of missed coursework or assignments. The Office of Equal Opportunity and Diversity (Lorissa M. Cortez, lorissam.cortez@tamiu.edu) can assist the student and professor in working out the reasonable accommodations.. For other questions or concerns regarding Title IX compliance related to pregnant/parenting students at the University, contact the Title IX Coordinator. In the event that a student will need a leave of absence for a substantial period of time, TAMIU University urges the student to consider a Leave of Absence (LOA) as outlined in the TAMIU Student Handbook. As part of our efforts to assist and encourage all students towards graduation, TAMIU provides LOA’s for students, including pregnant/parenting students, in accordance with the Attendance Rule and the Student LOA Rule. Both rules can be found in the TAMIU Student Handbook (https://www.tamiu.edu/scce/studenthandbook.shtml). AntiAnti-Discrimination/Title IX TAMIU does not discriminate or permit harassment against any individual on the basis of race, color, sex, religion, national origin, age, disability, genetic information, veteran status, sexual orientation or gender identity in admissions, educational programs, or employment. If you would like to file a complaint relative to Title IX or any civil rights violation, please contact the TAMIU Director of Equal Opportunity and Diversity/Title IX Coordinator, Lorissa M. Cortez, 5201 University Boulevard, Killam Library 159B, Laredo, TX 78041, TitleIX@tamiu.edu, 956.326.2857, via the anonymous electronic reporting website, ReportIt, at www.tamiu.edu/reportit,, and/or the Office of Civil Rights (Dallas Office), U.S. Department of Education, 1999 Bryan Street, Suite 1620, Dallas, TX 75201-6810, 214.661.9600. Safety and Security- You are the Difference Your safety and security are of prime concern here at Texas A&M International University, and the University police department work hard to ensure the campus is a safe place to live, learn, work and play. TAMIU is not, however, exempt from crime. To be safe and secure, you must take common sense precautions. Be alert and aware of those around you; look out for the safety of others. Do not leave valuables unattended; do not attempt to touch or interfere with our wildlife. Student Responsibility For Dropping a Course It is the responsibility of the STUDENT to drop the course before the drop date. Faculty are not responsible for dropping students who suspend class attendance. Final Examination The University requires all final Examinations be comprehensive and be given on the day specified. Texas A&M International University Course Policies (To be attached to all university syllabi) Last Revised: December 20, 2021 COVID Students are strongly encouraged to get fully vaccinated and to get booster shots after an appropriate number of months. Students are also strongly encouraged to wear masks when entering buildings or when congregating with other students in close proximity outdoors. Maintaining at least 3 feet of social distance with others is also highly recommended. TAMIU offers free COVID testing. Class Attendance Required With the exception of online courses, students are expected to attend every class in person and to complete all assignments. If you cannot attend class, it is your responsibility to communicate absences with your professors. The faculty member will decide if your excuse is valid. According to University policy, acceptable reasons for an absence (physical or virtual), which cannot affect a student’s grade, include: • Participation in an authorized University activity. • Death or major illness in a student’s immediate family. • Illness of a dependent family member. • Participation in legal proceedings or administrative procedures that require a student’s presence. • Religious holy day. • Illness that is too severe or contagious for the student to attend class. • Required participation in military duties. • Mandatory admission interviews for professional or graduate school which cannot be rescheduled. Students are responsible for providing satisfactory evidence to faculty members within seven calendar days of their absence and return to class. They must substantiate the reason for absence. If the absence is excused, faculty members must either provide students with the opportunity to make up the exam or other work missed or provide a satisfactory alternative to complete the exam or other work missed within 30 calendar days from the date of absence. Students who miss class due to a University-sponsored activity are responsible for identifying their absences to their instructors with as much advance notice as possible. The right to view recorded class meetings depends upon receiving an excused absence from the faculty member teaching the class. Classroom Behavior TAMIU encourages classroom discussion and academic debate as an essential intellectual activity. It is essential that students learn to express and defend their beliefs, but it is also essential that they learn to listen and respond respectfully to others whose beliefs they may not share. The University will always tolerate diverse, unorthodox, and unpopular points of view, but it will not tolerate condescending or insulting remarks. When students verbally abuse or ridicule and intimidate others whose views they do not agree with, they subvert the free exchange of ideas that should characterize a university classroom. If their actions are deemed by the professor to be disruptive, they will be subject to appropriate disciplinary action (please refer to Student Handbook Article 4). TAMIU Honor Code: Plagiarism and Cheating As a TAMIU student, you are bound by the TAMIU Honor Code to conduct yourself ethically in all your activities as a TAMIU student and to report violations of the Honor Code. Please read carefully the Student Handbook Article 7 and Article 10 available at https://www.tamiu.edu/scce/studenthandbook.shtml. We are committed to strict enforcement of the Honor Code. Violations of the Honor Code tend to involve claiming work that is not one’s own, most commonly plagiarism in written assignments and any form of cheating on exams and other types of assignments. Plagiarism is the presentation of someone else’s work as your own. It occurs when you: 1) Borrow someone else’s facts, ideas, or opinions and put them entirely in your own words, you must acknowledge that these thoughts are not your own by immediately citing the source in your paper. Failure to do this is plagiarism. 2) Borrow someone else’s words (short phrases, clauses, or sentences), you must enclose the copied words in quotation marks as well as citing the source. Failure to do this is plagiarism. 3) Present someone else’s paper or exam (stolen, borrowed, or bought) as your own, you have committed a clearly intentional form of intellectual theft and have put your academic future in jeopardy. This is the worst form of plagiarism. Here is another explanation from the 2010, sixth edition of the Manual of The American Psychological Association(APA): Plagiarism: Researchers do not claim the words and ideas of another as their own; they give credit where credit is due. Quotations marks should be used to indicate the exact words of another. Each time you paraphrase another author (i.e., summarize a passage or rearrange the order of a sentence and change some of the words), you need to credit the source in the text. The key element of this principle is that authors do not present the work of another as if it were their own words. This can extend to ideas as well as written words. If authors model a study after one done by someone else, the originating author should be given credit. If the rationale for a study was suggested in the Discussion section of someone else's article, the person should be given credit. Given the free exchange of ideas, which is very important for the health of intellectual discourse, authors may not know where an idea for a study originated. If authors do know, however, they should acknowledge the source; this includes personal communications (pp. 15-16). For guidance on proper documentation, consult the Writing Center or a recommended guide to documentation and research such as the Manual of the APA or the MLA Handbook for Writers of Research Papers. If you still have doubts concerning proper documentation, seek advice from your instructor prior to submitting a final draft. • Penalties for Plagiarism: Should a faculty member discover that a student has committed plagiarism, the student should receive a grade of 'F' in that course and the matter will be referred to the Honor Council for possible disciplinary action. The faculty member, however, may elect to give freshmen and sophomore students a “zero” for the assignment and to allow them to revise the assignment up to a grade of “F” (50%) if they believe that the student plagiarized out of ignorance or carelessness and not out of an attempt to deceive in order to earn an unmerited grade; the instructor must still report the offense to the Honor Council. This option should not be available to juniors, seniors, or graduate students, who cannot reasonably claim ignorance of documentation rules as an excuse. For repeat offenders in undergraduate courses or for an offender in any graduate course, the penalty for plagiarism is likely to include suspension or expulsion from the university. • Caution: Be very careful what you upload to Turnitin or send to your professor for evaluation. Whatever you upload for evaluation will be considered your final, approved draft. If it is plagiarized, you will be held responsible. The excuse that “it was only a draft” will not be accepted. • Caution: Also, do not share your electronic files with others. If you do, you are responsible for the possible consequences. If another student takes your file of a paper and changes the name to his or her name and submits it and you also submit the paper, we will hold both of you responsible for plagiarism. It is impossible for us to know with certainty who wrote the paper and who stole it. And, of course, we cannot know if there was collusion between you and the other student in the matter. • Penalties for Cheating: Should a faculty member discover a student cheating on an exam or quiz or other class project, the student should receive a “zero” for the assignment and not be allowed to make the assignment up. The incident should be reported to the chair of the department and to the Honor Council. If the cheating is extensive, however, or if the assignment constitutes a major grade for the course (e.g., a final exam), or if the student has cheated in the past, the student should receive an “F” in the course, and the matter should be referred to the Honor Council. Additional penalties, including suspension or expulsion from the university may be imposed. Under no circumstances should a student who deserves an “F” in the course be allowed to withdraw from the course with a “W.” • Caution: Chat groups that start off as “study groups” can easily devolve into “cheating groups.” Be very careful not to join or remain any chat group if begins to discuss specific information about exams or assignments that are meant to require individual work. If you are a member of such a group and it begins to cheat, you will be held responsible along with all the other members of the group. The TAMIU Honor Code requires that you report any such instances of cheating. • Student Right of Appeal: Faculty will notify students immediately via the student’s TAMIU email account that they have submitted plagiarized work. Students have the right to appeal a faculty member’s charge of academic dishonesty by notifying the TAMIU Honor Council of their intent to appeal as long as the notification of appeal comes within 10 business days of the faculty member’s e-mail message to the student and/or the Office of Student Conduct and Community Engagement. The Student Handbook provides more details. Use of Work in Two or More Courses You may not submit work completed in one course for a grade in a second course unless you receive explicit permission to do so by the instructor of the second course. In general, you should get credit for a work product only once. Extra-Credit Work Faculty may not give extra-credit opportunities to individual students. They must be made available to all students in a class. Assignments for extra-credit must be directly related to the learning outcomes of the specific course. No extra-credit opportunities at all may be given after final grades for the semester are submitted. UConnect, TAMIU E-Mail, and Dusty Alert Personal Announcements sent to students through TAMIU’s Uconnect Portal and TAMIU E-mail are the official means of communicating course and university business with students and faculty –not the U.S. Mail and no other e-mail addresses. Students and faculty must check UConnect and their TAMIU e-mail accounts regularly, if not daily. Not having seen an important TAMIU e-mail or UConnect message from a faculty member, chair, or dean is not accepted as an excuse for failure to take important action. Students, faculty, and staff are encouraged to sign-up for Dusty Alert(see www.tamiu.edu). Dusty Alert is an instant cell phone text-messaging system allowing the university to communicate immediately with you if there is an on-campus emergency, something of immediate danger to you, or a campus closing. Copyright Restrictions The Copyright Act of 1976 grants to copyright owners the exclusive right to reproduce their works and distribute copies of their work. Works that receive copyright protection include published works such as a textbook. Copying a textbook without permission from the owner of the copyright may constitute copyright infringement. Civil and criminal penalties may be assessed for copyright infringement. Civil penalties include damages up to $100,000; criminal penalties include a fine up to $250,000 and imprisonment. Copyright laws do not allow students and professors to make photocopies of copyrighted materials, but you may copy a limited portion of a work, such as article from a journal or a chapter from a book for your own personal academic use or, in the case of a professor, for personal, limited classroom use. In general, the extent of your copying should not suggest that the purpose or the effect of your copying is to avoid paying for the materials. And, of course, you may not sell these copies for a profit. Thus, students who copy textbooks to avoid buying them or professors who provide photocopies of textbooks to enable students to save money are violating the law. Students with Disabilities Texas A&M International University seeks to provide reasonable accommodations for all qualified persons with disabilities. This University will adhere to all applicable federal, state, and local laws, regulations and guidelines with respect to providing reasonable accommodations as required to afford equal education opportunity. It is the student's responsibility to register with the Office of Student Counseling and Disability Services located in Student Center 126. This office will contact the faculty member to recommend specific, reasonable accommodations. Faculty are prohibited from making accommodations based solely on communications from students. They may make accommodations only when provided documentation by the Student Counseling and Disability Services office. Student Attendance and Leave of Absence (LOA) Policy As part of our efforts to assist and encourage all students towards graduation, TAMIU provides LOA’s for students, including pregnant/parenting students, in accordance with the Attendance Rule (Section 3.07) and the Student LOA Rule (Section 3.08), which includes the “Leave of Absence Request” form. Both rules can be found in the TAMIU Student Handbook (URL: http://www.tamiu.edu/studentaffairs/StudentHandbook1.shtml). Pregnant and Parenting Students Under Title IX of the Education Amendments of 1972, harassment based on sex, including harassment because of pregnancy or related conditions, is prohibited. A pregnant/parenting student must be granted an absence for as long as the student’s physician deems the absence medically necessary. It is a violation of Title IX to ask for documentation relative to the pregnant/parenting student’s status beyond what would be required for other medical conditions. If a student would like to file a complaint for discrimination due to his or her pregnant/parenting status, please contact the TAMIU Title IX Coordinator (Lorissa M. Cortez, 5201 University Boulevard, KLM 159B, Laredo, TX 78041,TitleIX@tamiu.edu, 956.326.2857) and/or the Office of Civil Rights (Dallas Office, U.S. Department of Education, 1999 Bryan Street, Suite 1620, Dallas, TX 75201-6810, 214.661.9600). You can also report it on TAMIU’s anonymous electronic reporting site: www.tamiu.edu/reportit. TAMIU advises a pregnant/parenting student to notify their professor once the student is aware that accommodations for such will be necessary. It is recommended that the student and professor develop a reasonable plan for the student’s completion of missed coursework or assignments. The Office of Equal Opportunity and Diversity (Lorissa M. Cortez, lorissam.cortez@tamiu.edu) can assist the student and professor in working out the reasonable accommodations. For other questions or concerns regarding Title IX compliance related to pregnant/parenting students at the University, contact the Title IX Coordinator. In the event that a student will need a leave of absence for a substantial period of time, TAMIU urges the student to consider a Leave of Absence (LOA) as outlined in the TAMIU Student Handbook. As part of our efforts to assist and encourage all students towards graduation, TAMIU provides LOA’s for students, including pregnant/parenting students, in accordance with the Attendance Rule and the Student LOA Rule. Both rules can be found in the TAMIU Student Handbook (https://www.tamiu.edu/scce/studenthandbook.shtml). Anti-Discrimination/Title IX TAMIU does not discriminate or permit harassment against any individual on the basis of race, color, sex, religion, national origin, age, disability, genetic information, veteran status, sexual orientation or gender identity in admissions, educational programs, or employment. If you would like to file a complaint relative to Title IX or any civil rights violation, please contact the TAMIU Director of Equal Opportunity and Diversity/Title IX Coordinator, Lorissa M. Cortez, 5201 University Boulevard, Killam Library 159B, Laredo, TX 78041,TitleIX@tamiu.edu, 956.326.2857, via the anonymous electronic reporting website, ReportIt, at www.tamiu.edu/reportit , and/or the Office of Civil Rights (Dallas Office), U.S. Department of Education, 1999 Bryan Street, Suite 1620, Dallas, TX 75201-6810, 214.661.9600. Incompletes Students who are unable to complete a course should withdraw from the course before the final date for withdrawal and receive a “W.” To qualify for an “incomplete” and thus have the opportunity to complete the course at a later date, a student must meet the following criteria: 1) The student must have completed 90% of the course work assigned before the final date for withdrawing from a course with a “W”, and the student must be passing the course; 2) The student cannot complete the course because an accident, an illness, or a traumatic personal or family event occurred after the final date for withdrawal from a course; 3) The student must sign an “Incomplete Grade Contract” and secure signatures of approval from the professor and the college dean. 4) The student must agree to complete the missing course work before the end of the next long semester; failure to meet this deadline will cause the “I” to automatically be converted to an “F”; extensions to this deadline may be granted by the dean of the college. This is the general policy regarding the circumstances under which an “incomplete” may be granted, but under exceptional circumstances, a student may receive an incomplete who does not meet all of the criteria above if the faculty member, department chair, and dean recommend it. WIN Contracts WIN Contracts are offered only under exceptional circumstances and are limited to seniors. Only courses offered by full-time TAMIU faculty or TAMIU instructors are eligible to be contracted for the WIN requirement. However, a WIN contract for a course taught by an adjunct may be approved, with special permission from the department chair and dean. Students must seek approval before beginning any work for the WIN Contract. No student will contract more than one course per semester. Summer WIN Contracts must continue through both summer sessions. Student Responsibility for Withdrawing from a Course It is the responsibility of the student to drop the course before the final date for withdrawal from a course. Faculty members, in fact, may not drop a student from a course without getting the approval of their department chair and dean. Independent Study Course Independent Study (IS) courses are offered only under exceptional circumstances. Required courses intended to build academic skills may not be taken as IS (e.g., clinical supervision and internships). No student will take more than one IS course per semester. Moreover, IS courses are limited to seniors and graduate students. Summer IS course must continue through both summer sessions. Grade Changes & Appeals Faculty are authorized to change final grades only when they have committed a computational error or an error in recording a grade, and they must receive the approval of their department chairs and the dean to change the grade. As part of that approval, they must attach a detailed explanation of the reason for the mistake. Only in rare cases would another reason be entertained as legitimate for a grade change. A student who is unhappy with his or her grade on an assignment must discuss the situation with the faculty member teaching the course. If students believe that they have been graded unfairly, they have the right to appeal the grade using a grade appeal process as described in the Student Handbook and in the Faculty Handbook. Final Examination All courses in all colleges must include a comprehensive exam or performance and be given on the date and time specified by the Academic Calendar and the Final Exam schedule published by the Registrar’s Office. In the College of Arts & Sciences all final exams must contain a written component. The written component should comprise at least 20% of the final exam grade. Exceptions to this policy must receive the approval of the department chair and the dean at the beginning of the semester. __________________ Support Services To receive free tutoring in most subjects, including help with writing skills: Academic Center of Excellence: Cowart 203 and 204 (326-2723) To receive academic advising for freshmen, transfer students, and select others: Advising & Retention Center: ZSC 222 (326-2886) To receive academic advising for all other students, by college: A. R. Sanchez, Jr., School of Business Advising: WHT 204 C and 213 A (326-2483 / 2489) College of Arts & Sciences Advising: ACI 3rd floor (COASadvisors@tamiu.edu) College of Education Advising: Pellegrino 3rd floor (326-2427 /3148) College of Nursing & Health Sciences Advising: CNS 111 (326-3269 /3110/ 3277) University College: Advising & Retention Center (see above) To receive personal counseling: Student Counseling Services: Student Center 128 (326-2230) To receive health services: Student Health Services: Student Center 125 (326-2235)