FREEMAN SCHOOL OF BUSINESS
FINE 3010-03
Financial Management
Fall 2015
Instructor: Professor Jung Hoon Lee
Office Phone: (504) 314-7035
Office: GWII, M119
E-mail: jlee39@tulane.edu
Office Hours T, TH 4:00~5:00 PM
Blackboard Site: myTulane.blackboard.com
Class Meeting Day & Time:
MWF 10:00p-10:50p
Class Location: GWI, Room 101
Course Description:
This course provides an introduction to finance for students aspiring to careers in financial management. It also
provides a general understanding of finance for other students. The course covers time value of money and the
valuation of stocks, bonds, and real investment projects.
Course Prerequisites: ACCN 2010, ECON 1010, MATH 1140, MATH 1150 & 1160* or 1210, MCOM 3010*
(*students admitted Fall 2014 and later); Co-requisites: ECON 1020, CDMA 1201
Course Goals
Financial Management is a core finance class that introduces students with different finance background to
fundamental concepts of corporate finance. The course focuses on setting out the basic principles of financial
management and applying them to the main decisions faced by the financial manager. It gives a brief overview of
the financial market as well as the common financial securities we often see or hear in our daily life. In addition,
the course introduces students to various quantitative tools and financial models that will be important for their
future career.
Student Learning Objectives
By the end of the semester, students are expected to understand:
 How financial decisions are generally made in corporations;
 How the financial market operates and differences between each financial securities;
 The trade-off between risk and return and how to manage both at the same time.
Course Material
Brealey, Myers and Marcus, Fundamentals of Corporate Finance, 8th edition, Irwin McGraw-Hill
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Grading

Quiz (8%): I will give 4 pop-up quizzes throughout the semester. Each of them will be given at the
beginning of the lecture, and consists of five multiple choice questions. They account for 3% of your final
grade. You will be given 7 to 10 minutes to work on these problems. Among 4 pop-up quiz scores, the
lowest one will be dropped.
In addition, we will have one in-class quiz after we finish covering chapter 5. It accounts for 5% of your
final grade. It is preliminarily scheduled on Sep 21st (I reserve the right to change the day for in-class
quiz). This quiz score will not be dropped. In addition, I do not schedule make-up quiz if you miss the quiz.

Exams (75%): preliminary exam schedule as the following (I reserve the right to change the day for
exams).
Mid-term I
Mid-term II
Final
Friday, October 2nd, in
class
Wednesday, November
4th, in class
Sunday, Dec 13th, in
class (8:00~10:00 am)
20% of final grade
25% of final grade
30% of final grade
Exams will be closed book/closed notes. In addition, I do not schedule make-up exams except for the final
exam. If you miss a mid-term exam, the grade portion of that exam will be cumulated to the grade portion
of your final exam. (for example, if you miss one mid-term exam, your final exam will be worth 55% of
your grade instead of 35%. Students are required to provide notice at least one week in advance if they
have to miss the mid-term exam for some reasons. Make-up final exam will be given only for family or
medical emergencies. There is no guarantee that the make-up final will have the same difficulty and the
same type of questions as the common exam.

Assignments and Practice questions (10%): I will post practice questions on Blackboard and in Slides.
It is important to work through all the practice questions because your exam questions will be related
to the practice questions. I will collect FIVE random sets of practice questions as assignments.
Assignments are due at the BEGINNING of the class and no late assignment will be accepted. Please keep
a copy of your homework for your own reference before you turn it in, as we will review the answers to
some of the problems in class.

Attendance (7%): I highly recommend you attend all classes and actively participate class discussions.
After the class starts, please DO NOT enter or exit the classroom without permission. In the first
three class sessions, we will be evolving towards PERMANENT SEATS with due consideration for the
usual course adds and drops. In class 4, I will ask you to sign-up for a PERMANENT SEAT for the rest
of the semester. Permanent seats assist me quite a bit in associating faces and names.
This course follows the faculty approved grading guidelines of a maximum class average GPA in the
range of 2.700 to 3.000 for core classes and a maximum class average GPA in the range of 3.000-3.333
for business elective classes. Please note the stated average class GPA range is a maximum average range
and the class average GPA range could be lower.
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Statement about Academic Integrity
This class will be conducted in full accordance with Tulane’s policies about academic integrity including, but not
limited to, the Code of Academic Integrity and the Code of Student Conduct. These can be found at:
http://tulane.edu/college/code.cfm and http://tulane.edu/studentaffairs/upload/02Academic.pdf
Freeman Educational Norms and Expectations
This class will be conducted in full accordance with Freeman’s Educational Norms and Expectations. Please
reread the Norms and Expectations, which can be found at
http://www.freeman.tulane.edu/students/bsm/pdf/Expected%20Behavioral%20Norms.pdf
Learning Disabilities
Under the Americans with Disability Act and the Section 504 of the Rehabilitation Act, if you have a disability,
you may have the right to an accommodation; however, the right is contingent upon you taking certain steps. You
should review the steps that you need to take, as well as Tulane’s policy concerning accommodations at
http://tulane.edu/studentaffairs/disability/accommodations.cfm
Any student with a disability, in need of course or examination accommodation, should request an accommodation
through the University’s Office of Disability Services (ODS) located in the Mechanical Engineering Building. At
the beginning of the semester, please provide me with a copy of your approved ODS accommodation form. I am
committed to working with ODS to ensure that I provide you with all approved accommodations. If you do not
deliver the approved accommodation form to me, I will not know that ODS approved your accommodation and I
will have no basis to provide those accommodations.
For students with extended time accommodation, they are to take exams at the Freeman School. Please take your
exam request form directly, at least four business days in advance, to Phylicia Richardson in Suite 200. Once Ms.
Richardson receives your request form she will schedule your exam. You must begin your exam when the class
normally would begin. For all other accommodations, please take your form to ODS and they will schedule your
exam.
Specific Course Policies

No Laptops unless otherwise specified
Financial calculator is required for all the exams. It is also strongly recommended to bring a financial
calculator with you to every class.

Announcement and Class Communication
All announcements (especially regarding the exams) will be posted on Blackboard. PowerPoint lectures,
class syllabus, and other printable material will be made available on Blackboard as well. You may find it
helpful to print out class notes prior to class to aid in taking notes during lecture. In-class exercises and
additional explanatory notes will not be distributed or posted. It is your responsibility to recover them from
your colleagues if you miss class.
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A.B. Freeman School of Business - Fall 2015
Mon / Wed/Fri Classes
Monday, August 24
Introduction & Chapter 1
Wednesday, August 26
Chapter 1
Friday, August 28
Chapter 1
Monday, August 31
Time Value of Money
Wednesday, September 2
Time Value of Money
Friday, September 4
Time Value of Money
Labor Day
Monday, September 7
Wednesday, September 9
Time Value of Money
Friday, September 11
Time Value of Money
Saturday, September 12
Make-Up Date*
Monday, September 14
Bonds I
Wednesday, September 16
Bonds I
Friday, September 18
Bonds II
Saturday, September 19
Make-Up Date*
Monday, September 21
In-Class Quiz (Account for 5% of the Final Grade)
Yom Kippur
Wednesday, September 23
Bonds II
Friday, September 25
Monday, September 28
Stocks
Wednesday, September 30
Stocks
Friday, October 2
Exam 1
Monday, October 5
Stocks
Wednesday, October 7
NPV and Other Criteria
Friday, October 9
NPV and Other Criteria
Saturday, October 10
Make-Up Date*
Monday, October 12
NPV and Other Criteria
Wednesday, October 14
NPV and Other Criteria
Fall Break
Thursday, October 15 - Sunday, October 18
Monday, October 19
DCF and Project Analysis
Wednesday, October 21
DCF and Project Analysis
Friday, October 23
DCF and Project Analysis
Monday, October 26
Introduction to Risk and Return
Wednesday, October 28
Introduction to Risk and Return
Friday, October 30
Exam 2 Review
Monday, November 2
Introduction to Risk and Return
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Wednesday, November 4
Exam 2
Friday, November 6
Introduction to Risk and Return
Monday, November 9
Introduction to Risk and Return
Wednesday, November 11
Risk, Return, and Capital Budgeting
Friday, November 13
Risk, Return, and Capital Budgeting
Monday, November 16
Risk, Return, and Capital Budgeting
Wednesday, November 18
Risk, Return, and Capital Budgeting
Friday, November 20
Cost of Capital
Monday, November 23
Cost of Capital
Wednesday, November 25 - Sunday, November 29
Thanksgiving Holiday
Monday, November 30
Cost of Capital
Wednesday, December 2
Cost of Capital
Friday, December 4
Last Day of Class
Saturday, December 5 - Sunday, December 6
Study Period
Monday, December 7 - Tuesday, December 15
Final Exam Period
IMPORTANT NOTE:
Hurricane Evacuation Make-Up Date(s) *
Saturday, September 12
Saturday, September 19
Saturday, October 10
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