FI360 Financial Management

for S2T 2008

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Mission Statement: The mission of Park University, an entrepreneurial institution of learning, is to provide access to academic excellence, which will prepare learners to think critically, communicate effectively and engage in lifelong learning while serving a global community.

Vision Statement: Park University will be a renowned international leader in providing innovative educational opportunities for learners within the global society.


FI 360 Financial Management


S2T 2008 DLB


Pizzillo, Joseph C.


Adjunct Professor


BS. - Accounting

Daytime Phone


Other Phone



Semester Dates

3-17-08 to 5-11-08

Class Days


Class Time



AC201 and AC202

Credit Hours


Keown et al, Foundations of Finance 6/e Prentice Hall, 2008

Textbooks can be purchased through the MBS bookstore

Textbooks can be purchased through the Parkville Bookstore

Additional Resources:

McAfee Memorial Library - Online information, links, electronic databases and the Online catalog. Contact the library for further assistance via email or at 800-270-4347.
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Resources for Current Students - A great place to look for all kinds of information
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FAQ's for Online Students - You might find the answer to your questions here.

Course Description:
The role of financial management through the development of a framework appropriate for financial decision making. Emphasis on obtaining and effectively utilizing the funds necessary for the operation of an enterprise. Elements of financial planning, capital budgeting, and consideration of alternative sources of funds. Prerequisites: AC201 and AC202 3:0:3

Learning Outcomes:
  Core Learning Outcomes

  1. Describe the financial goals of the firm.
  2. Demonstrate an understanding of the principles that form the foundation of financial management.
  3. Evaluate financial statements including critical financial ratios.
  4. Calculate interest, rate, present value, and term of financial instruments.
  5. Determine values for stocks and bonds.
  6. Perform capital budgeting using more than one method.

Core Assessment:

The final exam for FI 360 will be the assessment tool used for this course. The exam will be comprehensive and the grade used to determine competency levels achieved by the students. The exam will be closed book and closed notes. The exam consists of multiple choice questions covering the chapter readings in the course and problems that examine the critical thinking, effective communication skills and technical skills of the student. Partial credit will be given for the problems.

Class Assessment:
Each week you will be asked to post an answer to one of the discussion questions at the end of the chapter and respond to a fellow student's response.

Weekly homework assignment will be the study problems at the end of the chapter;
Week 1; Chapter 1 number 3, 6, and 10, Chapter 2 number 2 & 5. Week 2; Chapter 3 number 1a, 2, Chapter 4 number 2 and 4. Week 3; Chapter 5 number 1, 6 and 10, Chapter 6 number 2 and 7. Week 4; Chapter 7 number 1, 11 and 13. Chapter 8 number 1, 9 and 15. Week 5; Chapter 9 number 3, 6 and 1, Chapter 10 number 4, 10, Chapter 11 number 2 Week 6; Chapter 12 number 1, 5 Chapter 13 number 3 and 6. Week 7, Chapter 14 number 2, 5 and 13. Chapter 15 number 3 and 6 Week 8 Chapter 16 number 1, 4 and 7.
Mid-Term - Week 4
Final Exam - Week 8


Discussion Questions 9.375 ponts each week (total 75 points) 15%
Homework Problems 25 points each week (total 200 points) 40%
Mid-Term Exam 75 points 15%
Final Exam 150 points 30%
Total 500 points 100%

The course grade for students will be based on the overall average of homework and tests taken during the course in accordance with the weighting of the various requirements as stated in the syllabus.

All final exams in all School of Business and Management courses will be comprehensive and will be closed book and closed notes. They will constitute 30% of the total course grade and will not be a take-home exam. They will be completed during the test week in the period designated by the registrar or by the Proctor in the case online courses. If calculators are allowed, they will not be multifunctional electronic devices that include features such as: phones, cameras, instant messaging, pagers, and so forth. Electronic Computers will not be allowed on final exams unless an exception is made by the Dean of the School of Business and Management.

Classroom Rules of Conduct:

Course Expectations and Grading Structure

Is in the classroom, normally the first explanation most students would like is a detailed plan of what is going to happen. Allow me to provide a framework for the next eight weeks.

1.  The classroom is open so you can down load the syllabus and the resource list. You might want to print them so you can use them as a planning document. Then proceed to the conference area and check in. Place an introduction of yourself (week 1 - introduction); feel free to share as much personal information as you feel comfortable with.

2.  Grading Discussion Assignments: You will have a weekly discussion assignment.  Weekly assignments are due by midnight Sunday Eastern Standard Time. These assignments account for 15% of the overall grade. You can earn up to 9.375 points for the discussion assignment. Points earned will be based on the accuracy of your response and that you additionally respond to one of your fellow student’s posting. To receive full credit for the assignment your response to a fellow student’s question will reinforce their work, ask for clarification, or add additional information to the discussion. I view these discussions as class participation points and hence to receive any credit for the online assignment, the assignment must be received by due date.  No exceptions.

3. Homework: Weekly homework assignments will include application problems from the text. Weekly assignments are due by midnight Sunday Eastern Standard Time.  If you have a question pertaining to any material in the text either email me or post your question within the weekly Q & A area. All I ask is that you provide the page number and topic and I'll do my best to answer your question. If you are having difficulty with a homework assignment give it your best hour (e.g. attempt) and then send it to me along with a brief statement of what you think the problem is. I will provide assistance. Homework can be sent as attachments in Excel, Word or RTF. 

4. Grading Homework: Weekly assignments are due by midnight Sunday Eastern Standard Time, unless an extension is granted prior to the due date.  You can earn up to 25 points for the homework assignment. Each of the problems carries the same point value. Twenty-five points will be awarded if all problems are completed correctly. It is not all or nothing for each of the problems. Points will be assigned based on the accuracy of work performed.  Assignments received late will be awarded up to 20 points based on accuracy. All assignments account for 40% of the overall grade. I will provide assistance on the week's homework until Saturday evening.

5. Progress Exam: Course will include two (2) progress exams. The first exam (mid term) will be open book and the final exam will be a proctored closed book exam. The mid turn will be directly emailed to the student at the beginning of week 4 and is due at the end of week 4.  Progress exams account for 45% of your overall grade (scoring breakdown: Mid Term (15%, 75 points) – Final Exam (30% - 150 points). To receive full credit for the open book progress exams, the exam must be received by due date.  Late submittal of the mid term exam will result in a 20% scoring penalty. Assignment grade will be 80% of points earned for the assignment. Final exam can not be late. All questions within the mid-term and final exam will have equal weighting.

6. Email communication: Make sure that you identify yourself on all email and attachments. Always extend appropriate courtesy. We owe that to each other; additionally it makes the mail move quicker.

7. Turnaround time on email I am on line several times a day Monday through Friday. It is my goal to provide 24 hour or less response. If you ever send an email to me during the week that does not result in a response from me within 48 hours assume that technology has failed us and resend the email.

8. Course Examination and Proctor Form. The final examination occurs during week eight.  I realize that this is the last requirement for completing the course but it should be accomplished as soon as the form is available online. Final exam must be taken to pass this course, per school policy.

9. Communication:  We must have effective communication for this course to be of maximum benefit to you. Keep me informed and ask me for assistance. I am here to ensure that learning takes place and am willing to do whatever is possible to make that happen.

Welcome to FI 360:

Joe Pizzillo

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 2007-2008 Undergraduate Catalog Page 85-86

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 2007-2008 Undergraduate Catalog Page 85

Attendance Policy:
Instructors are required to maintain attendance records and to report absences via the online attendance reporting system.

  1. The instructor may excuse absences for valid reasons, but missed work must be made up within the semester/term of enrollment.
  2. Work missed through unexcused absences must also be made up within the semester/term of enrollment.
  3. Work missed through unexcused absences must also be made up within the semester/term of enrollment, but unexcused absences may carry further penalties.
  4. In the event of two consecutive weeks of unexcused absences in a semester/term of enrollment, the student will be administratively withdrawn, resulting in a grade of "F".
  5. A "Contract for Incomplete" will not be issued to a student who has unexcused or excessive absences recorded for a course.
  6. Students receiving Military Tuition Assistance or Veterans Administration educational benefits must not exceed three unexcused absences in the semester/term of enrollment. Excessive absences will be reported to the appropriate agency and may result in a monetary penalty to the student.
  7. Report of a "F" grade (attendance or academic) resulting from excessive absence for those students who are receiving financial assistance from agencies not mentioned in item 5 above will be reported to the appropriate agency.
ONLINE NOTE: An attendance report of "P" (present) will be recorded for students who have logged in to the Online classroom at least once during each week of the term. Recording of attendance is not equivalent to participation. Participation grades will be assigned by each instructor according to the criteria in the Grading Policy section of the syllabus.

Park University 2007-2008 Undergraduate Catalog Page 87-88

Disability Guidelines:
Park University is committed to meeting the needs of all students that meet the criteria for special assistance. These guidelines are designed to supply directions to students concerning the information necessary to accomplish this goal. It is Park University's policy to comply fully with federal and state law, including Section 504 of the Rehabilitation Act of 1973 and the Americans with Disabilities Act of 1990, regarding students with disabilities. In the case of any inconsistency between these guidelines and federal and/or state law, the provisions of the law will apply. Additional information concerning Park University's policies and procedures related to disability can be found on the Park University web page: .


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Last Updated:2/25/2008 4:50:49 PM