Course Syllabus Finance (THM 415) 3/22/2016 1 Course Description 3/22/2016 2 This course introduces basic techniques and concepts necessary to effectively manage the limited financial resources while evaluate various investment opportunities. In this regard, students will learn the 4 principles of finance and apply them to value securities, decide whether to accept or reject projects, and forecast streams of cash flows. Moreover, through intensive applications, this course aims to instill the idea that finance is all around us and that financial decisions (whatever complex they might be perceived) stem from simple rational, common sense sets of basics. 3/22/2016 3 Pre-requisites • A passing grade from the above mentioned courses is a pre-requisite for passing this course: – THM 164 : Calculus – THM 313 : Hospitality Management Accounting – BIM 191: PC General Applications I 3/22/2016 4 Textbook • Sheridan Titman, Arthur J. Keown, John D. Martin, Financial Management: Principles and Applications, (11th Ed.), Pearson. • Instructor’s Web Page : • www.satm.bilkent.edu.tr/~jamel 3/22/2016 5 Grading • • • • • In-Class Attendance: In-Class Participation: Assignments : Midterm Exam: Final Exam: 3/22/2016 5% 5% 25 % 30 % 35 % 6 Things to Remember • All Students should have an undergraduate email address (i.e.…@ug.bilkent.edu.tr ) along with an SRS Password. • Maximum 25 % Absenteeism! • Come Prepared for Chapters that will be taught. • Late Homework and / or Assignment 0! • Failing to attend 75 % of class sessions and / or totaling less than 35.75 / 65 (before final exam) would mean that student in question will NOT be allowed to be seated to Final Exam → FZ! 3/22/2016 7 Course Breakdown 3/22/2016 8 Weeks 1 through 7 • Week 01: Introduction to Financial Management (Chapter 1) • Week 02: Understanding Financial Statements, Taxes and Cash Flows (Chapter 3) • Week 03: Time Value of Money – The Basics (Chapter 5) • Week 04: The Time Value of Money – Annuities and Other Topics (Chapter 6) • Week 05: An Introduction to Risk and Return – History of Financial Market Returns (Chapter 7) • Week 06: Risk and Return – Capital Market Theory (Chapter 8) • 3/22/2016 Week 07: Revision 9 Midterm Examination 3/22/2016 10 Weeks 9 through 14 • Week 09: Mid-Semester Evaluation • Week 10: Debt Valuation and Interest Rates (Chapter 9) • Week 11: Stock Valuation (Chapter 10) • Week 12: Investment Decision Criteria (Chapter 11) • Week 13: Analyzing Project Cash Flows (Chapter 12) • Week 14: Overall Review 3/22/2016 11 Final Exam Semester Holiday! 3/22/2016 12