SYLLABUS FOR FINANCIAL
MANAGEMENT
Term: Fall, 2005 (051) (August
29 - December 9)
Course Number: BUS 440A
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:
|
Monday |
8:00
8:50 AM 12:00 1:30 PM 3:30 -
7:00 PM |
|
Tuesday |
8:00
8:50 AM 10:30 11:00 AM |
|
Wednesday. |
12:00 - 4:00 PM |
|
Thursday |
8:00
8:50 AM 12:00 1:30 PM |
|
Friday |
8:00
8:50 AM 10:30 11:30 AM |
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, 11th ed. Irwin, McGraw Hill, 2005.
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.
Exams will be take-home and problem orientated.
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.
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.
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 M-8/29 Introduction
R-9/1 Chapter
1 & 2
2 M-9/5 Labor Day No Class
R-9/8 Chapter
2
3 M-9/12 Chapter
3 Financial Analysis
R-9/15 Chapter
3
4 M-9/19 No Class
R-9/22 Chapter
4, Financial Forecasting
5 M-9/26
R-9/29 Chapter
5 Operating Leverage
Chapter 5, Assign Case 1
6 M-10/3 Assign
Exam 1 Chapters 1-5
Chapter
6 Working Capital R-10/6 Chapter
7 Current Asset management
7 M-10/10 Exam 1
Due
R-10/13 Chapter 7
Current Asset management
8 M-10/17 Chapter 8
Short Term Financing
R-10/20
9 M-10/24 Chapter 9
Time value of money
R- 10/27 Chapter 9
10 M-10/31 Assign
Exam 2 Chapters 6-9
R-11/3 Chapter 10 Valuation and Returns ,
11 M-11/7 Exam
2 Due, Chapter 11
R-11/10 Chapter
11 Cost of Capital, Case 2
12 M-11/14 Case
2 Due, Chapter 12
R-11/17 Chapter
12 Capital Budgeting, Case 3
13 M-11/21 Case
3 Due, Chapter 13 Risk
R-11/24
NO CLASS Thanksgiving
14 M-11/28 Chapter
14 /15 Markets
R-12/1 Assign
Exam 3
15 R-12/8 Exam
3 due, no class