FI360 Financial Management

for S1L 2009

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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 WT


S1L 2009 WT


Harrison, Martin T.


Senior Instructor


BA, St Michael's College, Winooski, VT
MBA, University of Missouri, Columbia, MO

Office Location

United Country-LeMay Realty, Knob Noster, MO

Office Hours

BY Appointment

Daytime Phone


Other Phone



Semester Dates

January 12, 2009- March 4, 2009

Class Days


Class Time



AC201 and AC202

Credit Hours



FOUNDATIONS OF FINANCIAL MANAGEMENT: 13th Edition, Block/Hirt, McGraw-Hill Irwin, 2008

Textbooks can be purchased through the MBS bookstore

Additional Resources:
A calculator with a wide ange of financial functions is absolutely essential.  (Calculators are available on a loaner basis from the Park University office on Whiteman AFB.)  The WALL STREET JOURNAL and THE KANSAS CITY STAR Business Section (Tuesday and Sunday)  are solid background sources providing current financial issues.

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.
Career Counseling - The Career Development Center (CDC) provides services for all stages of career development.  The mission of the CDC is to provide the career planning tools to ensure a lifetime of career success.
Park Helpdesk - If you have forgotten your OPEN ID or Password, or need assistance with your PirateMail account, please email or call 800-927-3024
Resources for Current Students - A great place to look for all kinds of information

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. Pre-requisites: AC201 and AC202. 3:0:3

Educational Philosophy:
The keys to successful completion are quality and timeliness of all homework problems assigned.  Homework will not be collected but rather forms the basis of all classroom work.  Three exams will be required during the course and exams will consist of problems similar to those problems assigned as homework

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:
Homework assignments will be made at the discretion of instructor each class session prior to session completion.  Problems assigned will form the basis of class lecture for next session.  Instructor notes with regard to homework:  Homework problems may take students 2-3 hours per class to successfully complete and are absolutely essential for success in any exam.  Each exam will contain problems that are exactly like the problems assigned as homework.  In addition, the instructor reserves the right to amend problems, adding or deleting problems to meet the needs of class progress.


The final grade will be determined using the following guidelines.

Tests @ 100 points………………300 points (At instructor discretion, tests may contain at least one bonus question of exceptional difficulty designed to challenge students.   Bonus problems will range in value from 15-20 points.)    All tests will be scheduled for no more than 90 minutes with the remaining time devoted to new course material.





         > 180...F

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:
A.  Class participation is required.  Forty (40) hours of contact time are required for satisfactory completion of each course.  Faculty is required to provide forty (40) hours of contact time and students are expected to receive forty (40) hours of instruction. B.  Classes missed for legitimate reasons are excusable; however, students must inform the instructor or university office prior to the absence and must make up missed coursework.  Missed classes due to the taking of ordinary leave or vacation are not considered excused absences. C.  Class participation is expected and will form part of the final grade.  Students are expected to come to all classes and be on time.  Roll will be checked each class meeting.  Three unexcused absences are excessive, may be grounds for award of a failing grade for the course and will be reported to the Park University Resident Center administrator. D.  Students are responsible for the content of classroom presentations.  If absent, students must obtain class notes from another student.

Course Topic/Dates/Assignments:

Jan 12 Class Intro/Chapter 1/2

Jan 14 Chapter 3

Jan 19 Chapter 4 

Jan 21 Chapter 5
Jan 26  Exam
Jan 28 Chapter 6
Feb 2  Chapter 7
Feb 4  Chapter 8/Review
Feb 9  Exam
Feb 11  Chapter 9
Feb 16  Chapter 9
Feb 18  Chapter 10

Feb 23  Chapter 11

Feb 25  Chapter 12 
Mar 2   Chapter 12/Review
Feb 4    Test
SPECIAL NOTE: Homework problems will be assigned for each chapter at the conclusion of each class session. All homework problems will be reviewed during the next class session prior to lecture on new materials.

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 2008-2009 Undergraduate Catalog Page 87

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 2008-2009 Undergraduate Catalog Page 87

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, but unexcused absences may carry further penalties.
  3. 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".
  4. A "Contract for Incomplete" will not be issued to a student who has unexcused or excessive absences recorded for a course.
  5. 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.
  6. 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.

Park University 2008-2009 Undergraduate Catalog Page 89-90

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:11/6/2008 3:22:56 PM