Course Materials - Syllabus

advertisement
Syllabus
BYU Course Outcomes
•
Use fundamental analysis to conduct a firm performance
•
•
•
•
•
evaluation.
Construct a financial forecast for a term.
Employ time value of money to solve common financial problems.
Make corporate investment decisions using capital budgeting.
Be able to value firms, bonds, and stocks.
Understand how entrepreneurial and corporate finance differ.
Course Objectives
The objective of this class is to help you develop an understanding of the
role of finance within a firm. Topics covered in this course include financial
analysis, planning and control, asset valuation, capital budgeting, risk
and return, and the cost of capital. Additionally, this class will improve
your personal financial management skills. The major theme of the class
is that basic financial principles, correctly applied, can enhance the value
of your career and your personal life. We will focus on the application
of finance principles to the personal financial planning problem. The
Marriott School of Business has articulated the following five learning
objectives for all of their offered courses:
1. Being able to communicate effectively, both orally and in writing
2. Developing a sense of ethical values that translate into the business community
3. Becoming proficient in the subject matter of the degree
4. Developing the ability to use technology efficiently
5. Being able to participate effectively in a global environment,
This course focuses primarily on the third—subject matter excellence.
The individual lectures will provide more detailed learning objectives.
1
BUSM 201: Financial Management
Specifically, the learning objectives for this course include:
•
•
•
Apply basic financial tools to evaluate the results of current operations and potential investment projects.
Articulate how financial analysis can be used to influence decision
making in a business environment.
Identify the limitations of financial analysis.
Prerequisites:
Accounting 200 or equivalent
Required Materials:
1. Principles of Finance Packet – Includes Brau and Holmes, 5th
Edition
2. Business calculator (HP-10B/TI BAII+ or equivalent / better)
3. Internet access
4. Good attitude
Course Outline
Lesson Title
Graded Elements
Grade
Weight
Lesson 1
Financial Managers
Speedback Quiz
1%
Lesson 2
Financial Statements
Speedback Quiz
1%
Lesson 3
Financial Statement Analysis
Speedback Quiz
1%
Case Study One: Hobby Horse
Case
Case Study One Questions and Spreadsheet
2%
Pro Forma Financial Statements
Speedback Quiz
1%
Computer Lab One
Computer Lab One Questions and
Spreadsheet
2%
Lesson 4
Exam 1
24%
Lesson 5
Time Value of Money
Speedback Quiz
1%
Lesson 6
Bond Valuation
Speedback Quiz
1%
Lesson 7
Stock Valuation
Speedback Quiz
1%
Lesson 8
Capital Budgeting
Speedback Quiz
1%
Computer Lab Two
Computer Lab Two Questions and
Spreadsheet
2%
Exam 2
Lesson 9
24%
Capital Budgeting DCF Analysis
2
Speedback Quiz
1%
Syllabus
Computer Lab Three
Computer Lab Three Questions and
Spreadsheet
2%
Risk and Return
Speedback Quiz
1%
Case Study Two: Sheetbend Case
Case Study Two Questions and Spreadsheet
2%
Cost of Capital
Speedback Quiz
1%
Case Study Three: Sea Shore
Salt Case
Case Study Three Questions
2%
Lesson 12
Firm Valuation
Speedback Quiz
1%
Lesson 13
Entrepreneurial Finance
Speedback Quiz
1%
Lesson 14
Personal Finance
Speedback Quiz
1%
Lesson 15
Financial Markets and Microfinance
Speedback Quiz
1%
Lesson 10
Lesson 11
Exam 3
25%
Total
100%
Course Description
Speedback Quizzes
The speedback quizzes are administered on-line through the course website. Speedback quizzes count towards your grade. All speedback quizzes
are open book and open note, but closed neighbor/friends/family. These
speedback quizzes will help prepare you for the course exams. Please
work through the practice quizzes before taking the speedback quizzes.
Practice Quizzes
The practice quizzes are open all the time and do not count towards your
grade. Work through each problem on the practice quiz, it will help you
prepare for the speedback quizzes and the final exams.
Computer Labs
There are three computer lab projects throughout the course. These
projects require a computer.
Case Analysis
Three times during this course you will prepare a more detailed case
analysis. These are graded on effort and completion rather than finding
the “correct” answer. You will prepare and upload the cases to Independent Study.
3
BUSM 201: Financial Management
End of Textbook Chapter Questions
The end of chapter textbook questions are not submitted for grading,
they are assigned for your benefit. By working through the end of chapter
questions, you will have a better understanding of the course material
and will be better prepared to function in the business world. You will
be asked on each lesson speedback if you completed the end of chapter
questions. Please be honest in answering these questions.
Video Professor Problems
The video professor problems have been created to help you better understand how to work through the various financial problems in the book. If
you have a slow Internet connection, these videos can take awhile to load.
PowerPoint Presentations
Each lesson has a PowerPoint Presentation that accompanies the lesson
readings. Please view these PowerPoints as you complete the readings.
They will help clarify the reading material and give you more insight to
the topics discussed.
Exams
We will have 3 exams. The first two exams cover 4 chapters and the third
exam covers 7 chapters. You must complete all three exams in
order to receive a final grade. The exams will need to be taken in an
approved BYU Independent Study testing center. You must pass the
final exam with a 46% or better to pass the course.
Course Layout
Please note, the lesson number of the course do not follow the chapters
of the textbook. The following table clarifies each lesson with its corresponding textbook chapter.
Course Lesson
Textbook Chapter
Lesson 1: Financial Managers
Chapter 1 “An Introduction to Finance”
Lesson 2: Financial Statements
Chapter 2 “Accounting and Financial Statement Review”
Lesson 3: Financial Statement Analysis
Chapter 3 “Ratio Analysis”
Lesson 4: Pro Forma Financial Statements
Chapter 4 “Financial Forecasting
Lesson 5: Time Value of Money
Chapter 5 “Time Value of Money”
Lesson 6: Bond Valuation
Chapter 6 “Bond Valuation
4
Syllabus
Lesson 7: Stock Valuation
Chapter 7 “Stock Valuation”
Lesson 8: Capital Budgeting
Chapter 11 “Capital Budgeting Decision
Criteria”
Lesson 9: Capital Budgeting Discount Cash
Flow Analysis
Chapter 12 “Capital Budgeting”
Lesson 10: Risk and Return
Chapter 8 “Risk and Return”
Lesson 11: Cost of Capital
Chapter 9 “Cost of Capital”
Lesson 12: Firm Valuation
Chapter 13 “Firm Valuation”
Lesson 13: Entrepreneurial Finance
Chapter 14 “Entrepreneurial Finance”
Lesson 14: Personal Finance
Chapter 15 “Personal Finance”
Lesson 15: Financial Markets and Microfinance
Chapter 16 “Microfinance”
Assignment Submission
In this course there are three Labs and three Case Studies. You will submit your completed excel sheets for each of the Labs and two of the case
studies to Independent Study electronically through the course.
For every file submitted, please use the following naming convention
for your file:
•
Use the course number, your first and last name, and the
assignment name for the filename. For example, “BUSM 201_
[YourName]_[BriefTitle].xls.”
◊ Example: BUSM201_Lise Crawford_CaseStudy1.xls
Assessment
Grades will be assigned based on your performance in each of the following areas:
Graded Element
Grade Weight
15 Speedback Quizzes
15%
3 Case Preparations
6%
3 Computer Labs
6%
Exam I
24%
Exam II
24%
Final Exam
25%
Total
100%
5
BUSM 201: Financial Management
Grade Scale
A
100–91
A-
90–85
B+
84–81
B
80–76
B-
75–71
C+
70–66
C
65–61
C-
60–56
D+
55–51
D
50–46
D-
45–41
Fail
40–0
Citizenship requirement
A course requirement is that all students actively seek to be good citizens. Among other factors, this requires living the letter and intent of the
honor code. For this course, failure to meet the citizenship requirement is
specifically manifest by any of the following: 1) overt racial bias, 2) overt
gender bias, 3) failure to show respect to fellow students, 4) failure to
show respect to the instructional staff, 5) failure to show respect to the
instructor, 6) failure to make a “good-faith” individual effort on individual
assignments, and 6) any attempt to deceive or undermine the grading
process. Additionally, use of any returned assignments (other
than those provided by your instructor) from past semesters in
preparation for this semester’s coursework will be considered
cheating and, therefore, a violation of the honor code. Students
who violate the citizenship requirement will fail the course regardless
of their performance on tests, quizzes, cases, etc. The instructor is the
sole judge of what constitutes violations of the citizenship requirement.
Conduct yourself with integrity and you will not have to worry about
citizenship issues.
Syllabus Changes
The instructor reserves the right to change course policy and/or schedule
if, in her sole judgment, the changes will serve to better meet the learning
needs of the class or of individual students.
6
Download