BBA International Program
FN201-BBA-2-2012
Course Outline
BBA International Program
Thammasat Business School
Thammasat University
Course Syllabus
Course Title:
Semester:
Section:
FN201 Business Finance
Semester 2/2012
Section 026401
Prerequisite: AC 201 Financial Accounting
Course Description:
This course studies the basic principles of financial management for business as well as the
responsibilities of financial managers in order that they can perform their best to maximize the
enterprise value. Discussions will covers financial analysis, cash flow analysis, financial planning and
control, fundamental analysis on risk and return, time value of money, current asset management,
fixed assets investments, allocation and acquisition of funds, short-term and long-term financing,
and costs of financing.
Course Objectives:
1. To enable students to understand the framework, role, and function of the financial department
of businesses; goal and importance of financial management; and introductory business finance.
2. To equip students with analytical and problem-solving skills to solve basic cases in financial
management in the real world.
3. To provide students fundamental financial management backgrounds for advanced finance
courses.
4. To provide students financial knowledge suffices for any business related functions.
Class Time and Venue:
Date:
Tuesday
Time:
9:00 – 12.00
Venue:
TBS Room # 205
Instructor:
Chatuporn Tangkathach
Email: chatuporn@hotmail.com and chatuporn@intelligence-strategies.com
Office hours: before/after class and/or by appointment
Teaching Assistant:
TBA
Required Text and Materials:
Parrino, Robert, David Kidwell, and Thomas Bates, Fundamentals of Corporate Finance, 2nd edition,
Wiley, 2012
Recommended Texts and Materials:
Block, Stanley B., Geoffrey A. Hirt, and Bartley Danielsen, Foundations of Financial Management,
14th edition, McGraw-Hill/Irwin, 2010
Brealey, Richard A., Stewart C. Myers, Franklin Allen, Principles of Corporate Finance, 10th edition,
McGraw-Hill/Irwin, 2010
Brigham, and Eugene F., and Michael C. Ehrhardt, Financial Management: Theory and Practice, 13th
edition, South-Western, 2010
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BBA International Program
FN201-BBA-2-2012
Course Outline
Damodaran, Aswath, Corporate Finance, 2nd edition, Wiley, 2001
Emery, Douglas R., John D. Finnerty, John D. Stowe, Corporate Financial Management, 4th edition,
Prentice Hall, 2011
Gitman, Lawrence, Principles of Managerial Finance, 12th edition, Addison-Wesley, 2007
Keown, Arthur J., John D. Martin, J. William Petty, and David F. Scott, Jr., Financial Management:
Principles and Applications, 10th edition, Prentice Hall, 2004
Megginson, William L., Scott B. Smart, and John R. Graham, Financial Management, 3rd edition,
South-Western, 2010
Parrino, Robert, David Kidwell, and Thomas Bates, Fundamentals of Corporate Finance, 2nd edition,
Wiley, 2011
Ross, Stephen A., Randolph W. Westerfield, Jeffrey F. Jaffe, and Bradford D. Jordan, Modern
Financial Management, 8th edition, 2008
Titman, Sheridan, Arthur J. Keown, and John D. Martin, Financial Management: Principles and
Applications, 11th edition, Pearson, 2011
Van Horne, James C., and John M. Wachowicz, Fundamentals of Financial Management, 13th edition,
Prentice Hall, 2008
Weston, Fred J. and Thomas E. Copeland, Managerial Finance, 9th edition, Dryden Press, 1992
Business/Finance newspapers, magazines, and websites
 Local Business Newspaper
 The Asian Wall Street Journal
 The Economist
 Financial Websites
Course Administration:
1. Students must act with integrity, competence, diligence, respect, and in an ethical manner.
Students must admire 3 highest institutions of Thailand; (1) Nation (2) Religion and (3) King.
Students must uphold all the law, rules and regulations at all time.
2. Students are highly recommended to practise the knowledge gained from both the classes and
your readings through questions and exercises in the required text and additional handouts.
3. All students are required to submit their homework and/or assignment with lecturer before class
starts on the designated date.
4. A student with academic (finance) difficulty is recommended to contact the instructor for advice
in order for he/she to be able to follow up the contents in the subsequent classes.
5. Students with inappropriate manner shall not be allowed to attend the class. Course schedule in
this syllabus is meant to be tentative course schedule only.
6. Class time and venue are subjected to change due to certain circumstances.
7. Student with inappropriate manner in the class, including but not limited to, talking in class,
using mobile phone in class, after his/her scores are collected, total score will be adjusted down
to reflect his/her inappropriate manner(s). The instructor has the right to assign behavioural
adjustment without any notice to the assigned student. (Please refer to grading section.)
8. Rules and regulations of the Thammasat University and the BBA International Program are
applied during the course. Any disagreement between those rules and regulations, and FN 201
course administration, the one that is more rigorous shall overrule.
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BBA International Program
FN201-BBA-2-2012
Course Outline
Examination Administration:
1. All quizzes and examinations shall not be made up under any
circumstances.
2. A financial calculator allowed during the examinations are
 Simple function calculators and/or
 Financial calculator, Texas Instrument, BA II Plus.
 Maximum of 2 calculators allowed in the examination
room.
No scientific calculators allowed.
3. All examinations are closed-book examination; however, each
student is allowed to bring the following:
 One A4 written on one-side only for Mid-Term I Examination
 One A4 or two A4s written one-side each for Mid-term II Examination
 One A4 or two A4s written one-side each for Final Examination
All A4 must be one piece, no cut and paste allowed.
4. All examinations shall include ethical questions responding to the Course Administration
requirement #1.
5. Any attempt of dishonesty and/or dishonesty during examinations will result in immediate “F”
grade for the course prior to further punishments from the BBA International Program and
Thammasat University. Ruling from the examination proctor shall be considered absolute.
Grading:
Homework / Case Assignments
5% [pair work allowed]
Quizzes
5%
Mid-term Examination I
20%
Mid-term Examination II
30%
Final Examination
40%
(All examinations shall include ethical questions*)
Behavioural Adjustment**
– 0%
Total
*refer to Course Administration #1
**refer to Course Administration #6
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100%
BBA International Program
Tentative Course Schedule:
Class
Date
th
1
Tue 7 Jan 2013
Topic
The Financial Manager and the Firm
The Financial System
th
2
Tue 14 Jan 2013 The Time Value of Money
3
Tue 21st Jan 2013 Discounted Cash Flows and Valuation
4
Tue 28th Jan 2013 Financial Statements, Cash Flows, and
Taxes
Analysing Financial Statements
th
5
Tue 4 Feb 2013
Risk and Return
th
6
Tue 11 Feb 2013 Risk and Return (continue)
7
Tue 18th Feb 2013 Bond Valuation
8
Tue 4th Mar 2013 Stock Valuation
9
Tue 11th Mar 2013 The Fundamentals of Capital Budgeting
10
Tue 18th Mar 2013 Cash Flows and Capital Budgeting
11
Tue 25th Mar 2013 Evaluating Project Economics and
Capital Budgeting
st
12
Tue 1 Apr 2013
The Cost of Capital
th
13
Tue 8 Apr 2013
Capital Structure Policy
th
14
Tue 15 Apr 2013 Dividend Policy
15
Tue 22nd Apr 2013 Cash Budgeting
*Based on the aforementioned required textbook
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FN201-BBA-2-2012
Course Outline
Reading*
Chapter 1
Chapter 2
Chapter 5
Chapter 6
Chapter 3
Chapter 4
Chapter 7
Chapter 7
Chapter 8
Chapter 9
Chapter 10
Chapter 11
Chapter 12
Chapter 13
Chapter 16
Chapter 17
Handout
Remarks
Quiz 1
Quiz 2
Quiz 3
Quiz 4
Quiz 5
Quiz 6
BBA International Program
Academic Schedule of Semester 2/2012:
(January 7 - May 17, 2013)
Important Dates
Second Semester Begins
Period of Withdraw W/O Record
Period of Midterm Examination
Makha Bucha Day*
Last Day of Withdraw with "W"
Chakri Memorial Day*
Substitution for Chakri Memorial Day*
Songkran Festival Day*
Last Day of Classes
Coronation Day*
Substitution for Coronation Day*
Period of Final Examination
Royal Ploughing Ceremony Day*
FN201-BBA-2-2012
Course Outline
Schedule
January 7, 2013
January 7 - 18, 2013
February 24 - March 3, 2013
February 25, 2013
March 22, 2013
April 6, 2013
April 8, 2013
April 13 - 16, 2013
April 28, 2013
May 5, 2013
May 6, 2013
May 4 - 17, 2013
May 13, 2013
Note *Public Holiday
Important Notes to Students Regarding Class Attendance
Announced by BBA International Program:
a. Students who miss more than 13 hours of class but less than 22 hours must seek instructor’s
approval for eligibility to take the final exams and approval by the dean. The dean’s decision is
considered final.
b. Students who miss more than 22 hours of class are NOT eligible to take the final exams and
results in course failure.
Please note that feigning other student signatures or failure to attend class after signing in results
different level of penalty imposed.
o Level 1 penalty: First time rule breakers will be considered as “Absent” for that actual class
time. And a warning letter issued to first-time rule breakers.
o Level 2 penalty: Second time rule breakers receive an “F” for the course and will not be
considered for BBA scholarships, exchange student programs and other awards.
o Level 3 penalty: Third-time rule breakers are given one semester of class suspension.
Cheating in any form of class exam or quiz or plagiarism is subject to the penalties based on
Thammasat University’s student compliance act.
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