SYLLABUS FOR FINANCIAL
MANAGEMENT
Term: Spring 2003-2
Course Number: BUS 440DS
Instructor: Mr. George
Grzesiowski
Assistant Professor in Accounting and Management
Office Phone: 219-473-4283
E-mail: ggrzesiowski@ccsj.edu
Home Phone: 219-362-1696
Home E-mail: grzz@csinet.net
Cell: 219-716-5002
Office Hours:
|
Monday |
12:00 – 7:00 PM |
|
Tuesday |
10:00 – 11:00 AM |
|
Wednesday. |
3:30 – 7:00 PM |
|
Thursday |
10:30 – 10:30 AM |
Course Time: Directed Study,
to be arranged
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) 50% of grade
Homework 30% of grade
Cases 20%
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:
Assignments must be submitted on a timely basis
Exams will be take-home and problem orientated.
Class Policy on Attendance:
Directed
Study
Student Responsibilities:
To work independently and follow the prescribed schedule.
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.
Please note: Calumet College of St. Joseph subscribes to
Turnitin.com and all papers can and may be submitted for checks on plagiarism
from the Internet/Electronic sources/Databases.
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. The Registrar must receive written request for
withdrawal 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.
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 1/14 Introduction, Chapter 1
2 1/21 Chapter 2 Accounting Review
Problem 3, 5, 14, 18, 19
3 1/28 Chapter 3 Financial Analysis
Problem 27, 28
4 2/4 Chapter 4
Financial Forecasting
Problem 17, 18, 20, 21
5 2/11 Chapter 5 Operating Leverage
Problem 2, 5, 8, 9
Case 1, Page 136 Ryan Boot Company
6 2/18 Assign Exam 1 Chapters 1-5
Chapter
6 Working Capital
Problem 4, 6, 10 ` Chapter
7 Current Asset management
Problems 4, 6, 7, 10, 12, 17
7 2/25 Chapter 8 Short Term Financing
Problems
1, 4, 8, 9, 10, 14
8 3/3 Chapter 9 Time value of money
Problems 3, 4, 5, 9, 11, 17, 21, 24, 35
9 3/10 Assign Exam 2 Chapters 6-9
Chapter 10 Valuation and Returns Problem
2, 3, 10, 13, 16, 17, 22, 26
10 3/17 Chapter 11 Cost of Capital
Problem 2, 6, 13, 16, 18, 22
Case 2 Page 328 Garner Systems
11 3/24 Chapter 12 Capital Budgeting
Problem 3, 7, 9, 10, 14, 15, 17
Case 3 Page 368 Lancaster Corporation
12 3/31 Chapter 13 Risk
Problem
1, 9, 13, 14
13 4/7 Chapter 14 /15 Markets
Read and provide a wriitne summary of each chapter
14 4/14 Chapter 16
Problem
2, 5, 17, 18
15 4/21 Final Exam Chapters 10-16