Course Description: A study of the macrofinancial environment with emphasis on the structure, functions, and economic role of financial institutions and markets. This includes the role of commercial banks, the central banking system and international finance. Pre-requisite: EC301. 3:0:3
Educational Philosophy: The instructor's philosophy is one of interaction. There will be lectures, small cooperative groups, and student presentations throughout the course.
Learning Outcomes:Each student will be able to:
1. Identify and explain the goals and functions of financial managment.
2. Identify the sources of short-term financing.
3. Explain the time value of money concept.
4. Explain how financing decisions are made.
5. Explain how equity securities are used to finance debt in coorporations.
6. Define convertibles, warrants, and derivatives.
7. Explain how capital budjecting decisions are derived in corporations.
Course Assessment: There will be two examinations. Students will be required to write two article summaries, and present the summaries to the class.
Grading: Class participation - 10%
Article Summaries - 23%
Mid-Term Exam - 33%
Final Exam - 33%
100% - 90% = A
89% - 80% = B
79% - 75% = C
74% - 70% = D
69% - 0% = F
Late Submission of Course Materials: All assignments are due when scheduled. Late assignements will only be accedpted for full credit because of an excused absence.
Classroom Rules of Conduct: Cell phones will be turned off while in class.
Course Topic/Dates/Assignments: Week Topic (s) Chapters
1 Financial analysis and planning 1,2, & 3
2 Financial analysis and planning 4,5, & 6
and working capital managment
3 Working capital managment and 7,8,9 & 10
the capital budgeting process
4 Mid-Term Exam
5 The Capital budgeting process 11,12, & 13
6 Long term financing 14,15, & 16
7 Long term financing and 17,18,,19 & 20
Expanding the perspective of
8 Final Exam
Academic Honesty:Academic integrity is the foundation of the academic community. Because each student has the primary responsibility for being academically honest, students are advised to read and understand all sections of this policy relating to standards of conduct and academic life. Park University 2005-2006 Undergraduate Catalog Page 85-87
Plagiarism:Plagiarism involves the use of quotations without quotation marks, the use of quotations without indication of the source, the use of another's idea without acknowledging the source, the submission of a paper, laboratory report, project, or class assignment (any portion of such) prepared by another person, or incorrect paraphrasing. Park University 2005-2006 Undergraduate Catalog Page 85-87
Attendance Policy:Instructors are required to maintain attendance records and to report absences via the online attendance reporting system.
Park University 2005-2006 Undergraduate Catalog Page 89
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