SYLLABUS FOR FINANCIAL
MANAGEMENT
Term: Summer 2005 (2004-3)
Course Number: BUS 440 Directed Study
Instructor: Mr. George
Grzesiowski MBA/CPA
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:
By appointment
Course Time: Directed Study, Wednesday 5:30 – 6:30
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, 11th ed. Irwin, McGraw Hill, 2005.
Pocket Calculator.
Assessment:
Exams (3 tests) 60%
of grade
Homework 30%
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:
Exams will be take-home and problem orientated.
Student Responsibilities:
Submit work on a predetermined 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:
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 5/11 Chapter 1 & 2
2 5/18 Chapter 3 Financial Analysis
3 5/25 Chapter
4 Financial Forecasting
4 6/1 Chapter 5 Operating Leverage
Assign
Case 1
Assign
Exam 1 Chapters 1-5
5 6/8
Chapter 6 Working Capital Chapter 7 Current Asset management
6 6/15 Chapter 8 Short Term Financing
7 6/22 Chapter
9 Time value of money
Assign
Exam 2 Chapters 6-9
8 6/29 Chapter 10 Valuation and Returns
9 7/6 Chapter
11 Cost of Capital
Case
2
10 7/13 Chapter 12 Capital Budgeting
Case
3
11 7/20 Chapter 14 /15 Markets
Assign Exam 3, Chp. 10, 11, 12,
14, 15
12 7/27 Exam
3 Due
A list of assignments will
be provided at our first meeting