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FI 360 Financial Management
Knott, Patrick M.


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.

Course

FI 360 Financial Management

Semester

U1T 2006 DLF

Faculty

Knott, Patrick M.

Title

Adjunct Faculty

Degrees/Certificates

MBA
BA Finance
AJP Certified Jewelry Professional - GIA

Office Location

Columbus, Ohio

Office Hours

Online

Daytime Phone

614.402.9477

E-Mail

patrick.knott@park.edu

Semester Dates

June 5, 2006 - July 30, 2006

Class Days

TBA

Class Time

TBA

Credit Hours

3


Textbook:
Required Text: Foundations of Finance, The Logic and Practice of Financial Management 5/e


Author:Keown, Martin, Petty and Scott, Jr.
ISBN: 0-13-185605-7

Pearson Prentice Hall Publishers

Order Texts at: http://direct.mbsbooks.com/park.htm

Textbooks can be purchased though the MBS bookstore

Textbooks can be purchased though the Parkville Bookstore

Additional Resources:
A financial calculator is a plus.It is recommended that you use a Texas Instrument BA II Plus or HP 10B.  The BA II Plus is the model used in the textbook examples.  The HP 10B is the one that I am most familiar along with its counterpart HP 12C.  There are other financial calculators that will work however, they will not work exactly the same as the TI or the HP.

http://www.wsj.com
http://www.pathfinder.com
http://www.economist.com

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: <a href='index.aspx?Class=AC201'>AC201</a> and <a href='index.aspx?Class=AC202'>AC202</a>. 3:0:3

Educational Philosophy:
The facilitator's educational philosophy is ne of interactiveness based on discussions, homework, examinations, and groupwork.  The facilitator encourages the learners to question their fellow classmates to extend their learning beyond that which they will find in the text.

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:


Class Assessment:
Weekly Group Homework Assignments
Weekly Individual Discussion Assignments
Midterm Examination
Final Examination

Grading:
Grading Policy
Each student is responsible for:

completing weekly reading assignments
completing weekly homework application problems with team
participating in weekly online discussions with team
completing three case studies
competing a midterm examination
completing a final proctored examination
Assignments

Homework Application Problems - A number of application problems will be assigned each week to provide practical applications of financial techniques and methods of analysis. These problems will be selected from the end of chapters in the textbook. The solutions and analyses for these problems should be in detail, not just a reporting of final answers. This assignment is to be posted in the class Dropbox at the end of each week.


Online Discussion Questions - A number of discussion questions will be posted weekly in a thread titled Discussion. Each student (or team) is required to select a question, develop a complete answer, and post it in the thread.



NOTE:  All written assignments and online postings in this course will be evaluated by the instructor using the following criteria:  thoroughness, application financial management concepts discussed in the readings, clarity, and creative thinking.
Evaluation

The following table shows the points assigned for each component of required work in this course:

% of Grade

Weekly Homework Assignments 40%

Weekly Discussion Questions 15%

Midterm Examination 15%

Final Examination 30%

 

Total--> 100%



Grading Scale

A = 90 - 100

B = 80 - 89

C = 70 - 79

D = 60 - 69

F  = below 60

Note:  The gradebook in eCollege is used to track your points only.  Weight system above will be used for final grade determination.

Examinations

A midterm and a final examination are required and will be based on materials covered in the readings. Specific instructions regarding exams will be posted later in the term.

The final examination will be taken in person during the 8th week of instruction at one of the Park University sites around the country or at an alternative location approved by your Instructor where Park University sites are not available.

Late Submission of Course Materials:
Each week's work must be completed by 11:59 pm EST on Sunday.  Homework not turned in by the due date, but which is turned in no later than 5 days late, will receive 1/2 the score it would have received otherwise.  Homework not received within 5 days of the original due date will not be scored.  No work received after the last Saturday of the online term will be scored.

Classroom Rules of Conduct:
This course is team based!!!

- select 4 members to be on your team ( in some cases, we will have a team of 5)

- One member will provide me the members and team name by the beginning if possible, but by the end of Week One.

- One member will act as team captain each week or you can have the same person thru the entire course.

- Each member's participation will be evaluated by their team members during the final week.

- Play nice in the sandbox or you could become a group of One!

Course Topic/Dates/Assignments:
Week 1
Readings:
Chapter 1: An Introduction to the Foundations of Financial Management - The Ties that Bind
Chapter 2: The Financial Markets and Interest Rates

Week 2
Readings:
Chapter 3: Understanding Financial Statements and Cash Flows
Chapter 4: Evaluting a Firm's Financial Performance

Week 3
Readings:
Chapter 5: The Time Value of Money
To familiarize yourself with the use of the use of the TI BAII PLUS calculator.
Chapter 6: The Meaning and Measurement of Risk and Return

Week 4
Readings:
Chapter 7: Valuation and Characteristics of Bonds.
Chapter 8: Valuation and Characteristics of Stock

Week 5
Readings:
Chapter 9: Capital-Budgeting Techniques and Practice
Chapter 10: Cash Flows and Other Topics in Capital Budgeting
Chapter 11: Cost of Capital

Week 6
Readings:
Chapter 12: Determining the Financing Mix
Cahpter 13: Dividend Policy and Internal Financing

Week 7
Readings:
Chapter 14: Short-Term Financial Planning
Chapter 15: Working-Capital Management

Week 8
Readings:
Chapter 16:  Current Asset Management
Chapter 17: International Business Finance

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.

  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 "WH".
  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.
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 2005-2006 Undergraduate Catalog Page 89

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: http://www.park.edu/disability .

Copyright:

This material is copyright and can not be reused without author permission.

Last Updated:5/16/2006 8:45:45 PM