Calumet College of St.
Joseph
SYLLABUS FOR FINANCIAL
MANAGEMENT
Term: Fall, 2002-2003
(011) (Sept. 4 Dec. 15)
Course Number: BUS 440a
Instructor:
Mr. George Grzesiowski
Office
Phone: 219-473-4283
E-mail: ggrzesiowski@ccsj.edu
Home
Phone: 219-362-1696
Home
E-mail: grzz@csinet.net
Office
Hours:
Monday
|
10:30AM
1:30PM 3:30PM -
7:00PM |
|
Tuesday |
10:30AM
11:00AM 3:30PM - 4:30PM |
|
Wednesday |
By
appointment |
|
Thursday |
10:30AM
1:30PM 3:00PM -
5:00PM |
|
Friday |
10:30AM
11:00AM |
Course
Time: Mondays & Thursdays 1:50PM 3:20PM
Course
Description: The content of this course covers actual analysis
of financial problems involved in the formation management of organizations,
especially businesses. The course
includes study of the financial aspects of promotion, securing of capital,
effective utilization of funds, capitalization, dividend policies, financial
analysis, current financing, bankruptcy and related issues.
Learning
Outcomes/ Competencies:
Students in this course will:
1.
Understand
the nature of the finance function and the role of the financial manager in the
attainment of the goal of maximization of shareholder wealth.
2.
Understand
the relationships of the internal and external financial environment in regard
to the risk/return impact of the decision making process.
3.
Use
the tools of financial ratio analysis to determine the financial strength and
weaknesses of a business.
4.
Understand
the principles and theories of working capital management.
5.
Apply
capital budgeting techniques used in the control and development of the capital
budget.
6.
Apply
NPV, IRR, PI, and payback methods to capital budgeting decision situations.
7.
Solve
problems involving the time value of money as it relates to the present value
of a cash payment and the future value of existing funds.
8.
Understand
the elements of long and short term financing and the process of evaluating the
elements of the cost of capital.
9.
Demonstrate
proficiency in financial management by applying techniques to case studies.
Textbooks: Foundations of Financial
Management,
Block & Hirt, 10th ed. Irwin, McGraw Hill, 2002.
Pocket Calculator.
Assessment:
Exams (3 tests) 60%
of grade
Class participation/attendance 10% of grade
Homework 20%
of grade
Cases 10%
of grade
100%
Grading
Scale:
A: 92-100 A-: 90-91 B+: 88-89 B: 82-87 B-:
80-81 C+: 78-79
C: 72-77
C-: 70-71 D+: 68-69
D: 62-67 D-: 60-61
F: 59 & below
Since
your learning is my primary concern, it is imperative that anything preventing
you from learning be discussed. Please
feel free to make an appointment with me or call me so that I can help you keep
on track.
Class
Policy for Assignments:
Students are expected to have their homework completed on the day it is due. Due dates will be announced in class. I will check your work and then review the solutions in class. Late homework will be assessed a 50% late penalty.
Class
Policy on Attendance:
Attendance
in classes is an important priority.
Attendance will affect your participation grade. If you are not here, you are not participating.
Student Responsibilities:
Students are expected to have read the chapter prior to the lecture.
It
is expected that all students will be present on test days. One test retake may be taken during the
semester (excluding the final). Missing
a test will result in an F with an automatic retake option.
Ask
questions!
Classroom
behavior The student is expected to treat the instructor and his/her fellow
students with respect and courtesy at all times. This means giving your full attention no private conversations,
no catching up on homework assignments, no naps.
Class
Policy on Electronic Devices: (Optional)(Cell phones, Beeper, Pagers
etc.)
Turn on soft ring
or message only.
Center
for Academic Excellence:
Tutoring
assistance is free to all students of Calumet College of St. Joseph. Call the
Center for Academic Excellence (CAE), to make an appointment at 473-4287. The
Center has experienced and well-trained tutors in most subject areas to help
students who are struggling in a course or who are doing well and would like to
do better. Regular weekly tutoring sessions are likely to improve your grade.
Statement
of Plagiarism:
If an instructor or other Calumet College of St.
Joseph personnel find that a student has plagiarized or been involved in
another form of academic dishonesty, the instructor or other personnel may
elect to bring the matter up for judicial review. The maximum penalty for any
form of academic dishonesty is dismissal from the College. The procedures for
judicial review are listed under the section of CCSJ handbook that addresses
student grievances. (Academic Planner 2001/2002 p.27)
Citation
Guidelines:
Calumet College
of St. Joseph adheres to citation guidelines as prescribed by the particular
discipline (i.e., MLA, APA, and Chicago Manual of Style or Turabian.). All of these guidelines are available in the
Calumet College of St. Joseph library or bookstore. These texts outline how to cite references from a variety of
sources, including electronic media.
Withdrawal
from Classes Policy:
After the last
day for class changes has passed (see College calendar), students may withdraw
from a course in which they are registered with permission from the faculty
member conducting the course. A written request detailing the reason(s) for the
withdrawal must be filed with the Registrar. Written request for withdrawal
must be received by the Registrar by the last day of classes prior to the final
examination dates specified in the catalogue. Written requests may be mailed to
the Registrar or faxed to the College fax number 219-473-4259. Students are to
make note of the refund schedule when withdrawing from courses. The request is
forwarded to the faculty member, who makes the final determination to accept or
deny the request. If the request is honored, the student will receive
notification of official withdrawal; if denied, the notification will indicate
why the withdrawal is disallowed. Note: Degree Completion Division (DCD)
students should consult the DCD Student Handbook for information on DCD
withdrawals.
An official
withdrawal is recorded as a "W" grade on the student's transcript.
Dropping a course without written permission automatically incurs an
"F" grade for the course (see Refund Schedule).
Course
Outline:
Week Class
Dates: Topics/Assignments:
1 M-9/2 Labor Day No Class
R-9/5 Introduction,
Chapter 1
2 M-9/9 Chapter
2 Accounting Review
R-9/12 Chapter
2
3 M-9/16 Chapter
3 Financial Analysis
R-9/19 Chapter
3
4 M-9/23 Chapter
4 Financial Forecasting
R-9/26 Chapter
4, Review
5 M-10/7 Exam
1 Chapters 1-4
R-10/10
Chapter 5 Operating Leverage
6 M-10/14 Chapter
5, Case 1
R-10/17 Chapter 6
Working Capital
7 M-10/21 Chapter 7
Current Asset management
R-10/24 Chapter 7
8 M-10/28 Chapter 8
Short Term Financing
R-10/31 Chapter
8, review
9 M-11/4 Exam
2, Chapters 5-8
R-11/7 Chapter
9 Time value of money
10 M-11/11 Chapter
9
R-11/14 Chapter 10 Valuation and Returns
11 M-11/18 Chapter
11 Cost of Capital
R-11/21 Chapter
11, Case 2
12 M-11/25 Chapter
12 Capital Budgeting
R-11/28 NO CLASS Thanksgiving
13 M-11/26 Chapter
12, Case 3
R-11/29 Chapter
13 Risk
14 M-12/2 Chapter
14 Capital Markets
R-12/5 Chapter
15 Investment Banking
15 R-12/12 Final
Exam Chapters 9-15