Adjunct Meeting 5/4/2014 Finance Curriculum • My observations • • • • • • Students especially traditional students are distracted. TAP students are tired. TAP students are sometimes high maintenance. Every class has a problem child. Students will portray neediness and an inability to do technological tasks. Students procrastinate. • Our Needs • • • • Develop a program that provides the tools for decision-making Develop a broader set of curriculum choices Develop an online option for elective courses Provide a mechanism that brings traditional and non-traditional students together • Strengthen our expectations for on-time work Current Finance Curriculum • Core courses • BUA108 Financial Analysis for Managers • BUA321 Business Finance • Electives • BUA450 Financial Planning • BUA325 Investment Analysis • BUA350 Portfolio Management • MBA • FIN630 Managerial Finance Proposed Curriculum • Core Courses • BUA108 • BUA321 • Finance Elective Courses • • • • • • • • • • • • **BUA325 **BUA350 BUA450 Risk management ***ST Finance ***Intermediate Finance Financial Ratio Analysis Money and Banking Taxation Teams and Groups Leadership Entrepreneurship ** Investment Track BUA325 BUA350 BUA450 Risk MGT Money and Banking Taxation Teams and Groups Entrepreneurship *** Corporate Finance Track Risk Management ST Finance Intermediate Finance Ratio Analysis Teams and Groups Entrepreneurship Leadership BUA325 Flipped Classrooms • The concept is to get students to do a majority of the class prep before class by watching lecture videos. • In class we can then concentrate more on problems etc. • All quizzes are online. • Homework is designated as offline and online. • The challenge is to keep the classroom moving and still provide opportunity for students to interact. • This is easier for adult students than traditional students. • Currently no real way of knowing if students are actually preparing prior to class. • Developing the Classroom experience is a team effort. Team Effort • Flipped class content • We need to develop communication to discuss • Material to be included • Presentation of the material • Online courses • What courses to develop • How do we train adjuncts to teach in this format • Additional adjunct faculty • Who wants to teach online? • We will need more Websites • Tmcfinancenotes.weebly.com (student site) • No password (yet) • Finance tab • Has the individual course sites • “What is a Flipped Class” • Websites • Site for interesting websites for use in the class • In development • Problem Solution Videos • A compilation of excel solutions to finance problems • Partially completed • Tmcbusinessfaculty.weebly.com • Password protected • Finance tab for instructor files • Meeting tab for adjunct meeting documents BUA108 Financial Analysis For Managers • Beginning introduction to Accounting and Finance • Use two textbooks • Students here are very stressed out (adult students only) • The idea is to introduce the student to basic concepts. • The class is flipped. • Students should come to class with a laptop and the study guides for the chapters downloaded. • Homework and quizzes are open book. BUA321 Business Finance • Core course • Flipped class • There is a difference between adult and traditional students. • Mostly experience. • Harder to get traditional students to advance experiential input. • A more difficult class due to the quantitative nature. • We will use the excel workbook in class and for the assignments. • The online LMS is MyFinanceLab. • Starting Fall 2014 a new edition will be used. BUA325 and BUA350 • This is going to be a big change moving forward. • We will use one textbook for both classes. • The new textbook has been chosen. • Modules etc are being worked on • The classes are taught sequentially at both campuses. • A portfolio simulation game will be played for this class. • The LMS is Connect by McGraw-Hill. • It is very difficult to find a current textbook on portfolio management and investment theory for undergrads. BUA450 Financial Planning • Currently only taught to Adult students. • A flipped class with no LMS. • An exploration of the student’s current financial preparation. • I try very hard to avoid a “solicitation” feel. Additional Information • Attendance • • • • Must take every night online through the MyTMC system Students cannot miss more than 1 class. If a student says one of the CAPE people said it is up to you, it is not. They must be administratively withdrawn • Missing classes • You cannot miss classes. • If you must miss a class, you must call me and we can try to arrange a way to make up the class. • If we work together, we can cover for each other and not mess up the students (or our contracts) too badly. • Contracts • You should have a contract before you start the class. • If you do not, please let me know. • End of class summary • • • • • New requirement. To get information about best teaching practices, this will assist. I will send this document to you. When you finish the class, submit via email to me. More to come.