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FI 360 Financial Management
Hurdle, Laine


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

F1T 2006 DLH

Faculty

Hurdle, Laine

Title

Assistant Professor of Finance/Adjunct Faculty

Degrees/Certificates

MBA (Finance)
MAEd (Teaching and Instruction)
B.S. Professional Aeronautics (Management)

Office Location

Home

Office Hours

M-F 5:00-10:00

Daytime Phone

(540)-483-5919

Other Phone

(540)-483-5919

E-Mail

laine.hurdle@park.edu

laine.hurdle@hughes.net

Class Days

TBA

Class Time

TBA

Prerequisites

AC201 and AC202

Credit Hours

3


Textbook:
Financial Markets and Institutions, 7th ed.,by Madura. ISBN: 0-324-28845-X for text.

Textbooks can be purchased though the MBS bookstore

Textbooks can be purchased though the Parkville Bookstore

Additional Resources:
1. The Wall Street Journal (WSJ).  We will use the WSJ as a reference in this course regularly. It is available at most libraries, in many offices, and other places. Hard copy subscriptions that include the online subscription are available to you as a student at special discounted rates. It's also available for subscription on-line. Click here https://users2.wsj.com/WebIntegration/WebIntegrationServlet?call=R_ST_EDU&KEY_EXT_CODE=77ABBD to subscribe online! Following this link will let the WSJ folks know you are enrolled as a student in this online course.  Use 641 for the school zip code and my name as the instructor. Delivery will start in a few days and they will bill you directly, usually within 3 or 4 weeks. 2.  For those of you (like I) that need a little more educational stimulation than text, follow the two links for a web based instruction site and a free video that further explain the Federal Reserve System.  * I received the video in less than a week! - Free Video Order link  http://www.phil.frb.org/education/fedtoday.html

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 helpdesk@park.edu or call 800-927-3024
Resources for Current Students - A great place to look for all kinds of information http://www.park.edu/Current/.
Advising - Park University would like to assist you in achieving your educational goals. Please contact your Campus Center for advising or enrollment adjustment information.
Online Classroom Technical Support - For technical assistance with the Online classroom, email helpdesk@parkonline.org or call the helpdesk at 866-301-PARK (7275). To see the technical requirements for Online courses, please visit the http://parkonline.org website, and click on the "Technical Requirements" link, and click on "BROWSER Test" to see if your system is ready.
FAQ's for Online Students - You might find the answer to your questions here.


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

Educational Philosophy:
Research of current financial issues is vital to the success of this course. Up-to-date application of the course material is achieved via class interaction, projects, and evaluation.

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 projects, discussions, text assignments, midterm and final exams.

Grading:
The final course grade will be determined using the following measurements: -Seven Weekly Homework Assignments and Defined Workgroup Projects (350 points) -Mid Term Examination (100 points) -The Options Game. Your ability to determine how much your investment in an option earned or lost. You'll win this game by getting the right answer, not by how much you made or lost. (50 points) -Comprehensive Eighth Week Exam (Individual Proctored) (300 points) -Instructor evaluation/class participation which is made up of the following factors: Posting your introduction to the conference during the first week of the course. Participating with assigned team during weekly assignments. Attending class each week - being active within the discussion threads.  Remember 1st posting is due by Thursday and 2nd by the end of the week (70 total points) Team evaluations (130 points). Other course related activities.

Late Submission of Course Materials:
Each week's work must be completed by Midnight EST on Sunday. Homework not turned by the due date, but which is turned in no more then 7 days late, will receive 1/2 the score it would have received otherwise. Homework not received within 7 days of the 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 or 5 members to be on your team. - One member will provide me the members and team name by the end of Week One. The sooner the better, because you have an assignment due the end of the first week and it's best to submit the first week homework as a team. - Each week the team will designate one individual as the team leader. The team leader will submit the weekly homework and group work assignments. Ensure that you use the dropbox. - Each member's participation will be evaluated by their team members during the final week.

Course Topic/Dates/Assignments:
During Week 1, our objective is to understand the many different types of financial markets and institutions and the roles they play through theory, activities, and current examples. We begin to focus on interest rates, how they are determined, and the relationship between rates, time, and securities prices. Assignments: discussion and text work. During Week 2, we will look at the Federal Reserve system and monetary theory and policy. We will also begin looking at debt security markets with a look at Money Markets and we'll begin to look at Options. Assignments: discussion, text work, internet exercise, and option pick. During Week 3, we'll look at other debt security markets including bond markets and mortgage markets. We want to know what these are, how they operate, what purpose they serve, and some of the challenges faced in each of these markets. Perhaps most interesting this week will be the chapter on bond valuation! Assignments: discussion, text work, and internet exercise. During Week 4, we'll have an open book, Mid Term Exam and look at stock markets. We'll try to determine how best to value stocks. Assignments: discussion, text work, and internet exercise. During Week 5, we begin to look at financial futures, options markets, interest rate swap markets and foreign exchange derivative markets. Assignments: discussion, text work, and internet exercise. During Week 6, we examine banks, their sources and uses of funds, and the regulations that govern their operations. We'll also look at how banks are managed and how their performance is measured. Assignments: discussion, text work, and internet exercise. During Week 7, we look at non-bank financial institutions such as savings institutions, credit unions, finance companies, mutual funds, securities firms, pension funds, and insurance companies. Assignments: discussion, text work, and internet exercise. During the final week, we will assess the course itself, the contribution of each team member to the team's efforts, and have an assignment to review what has happened during the 8 weeks we were in this class. We will also have a significant exam. The policy at Park University is for each of you to take a significant, proctored exam during the Eighth week of the class. Unless you are more then two hours from the nearest Park site, you are expected to take the exam at one of the Park sites. (People overseas or other wise out of the area of a Park site will be handled on an individual basis. If you think this applies to you, contact me before you submit your proctor form with details of your situation.) I will send the exam to your proctor; you will have to arrange a time to meet with the proctor and to take the exam, and then have the proctor send it to me. There is additional information below.

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 2006-2007 Undergraduate Catalog Page 87-89

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 2006-2007 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 "W".
  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 2006-2007 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: http://www.park.edu/disability .

Additional Information:

Additional Policies


Policy #1: Communicate. If you are experiencing any confusion over course material, technical difficulties that are not being resolved and are preventing you from completing your assignments, or general questions about the course, let me know as soon as possible. Note that if you wait until Sunday afternoon there is little chance of getting an answer before the assignment is due, so plan ahead.


Policy #2: Please post all questions of a general nature in the Office or Break Room. Post two entries to the weekly discussion threads. The first posting will be made no later than Thursday and the second response will be to a fellow student(s) posting by the end of the week. And remember, there are no stupid/silly questions. We are all here to learn!


Policy #3: Your Company Game--during the second week each team ( your mutual fund management team) will select a company to investigate for potential investment.  Weekly, your team will conduct research using learned application.  It will be fun!


Policy #4: E-Mail Procedures and Submitting Assignments



  • General e-mail: When sending e-mail other than assignments, you must identify yourself fully by name and class in all e-mail sent to me and/or other members of our class. (You might be surprised at how many emails I get with nothing but something like "slick@yahoo.com" as an identifier.)
  • My Response Policy: I will check my e-mail frequently. I will respond to course-related questions within 24-48 hours (unless I notify you previously that I will be unavailable).
  • Assignment Submittal: Submit all assignments via the dropbox using a Word Document attachment. Please coordinate any other options with me. Ensure you place FI363, Week, Assignment Type, and Name on the top of the first page. I will deduct 1 point from the grade for missing information.

Policy #5: Workload/Due Dates. Each week's work must be completed by Midnight EST on Sunday.


Policy #6: Mid Term Examination A Mid Term Examination will be administered during the fourth week of the class. It will be made available on the 4th Week page. Returned the responses to the instructor via the dropbox.


Policy #7 Proctors: If you will need to use a non-Park proctor, you must notify me before you submit the proctor form of the reason for using the non-Park proctor. I realize that some of you are out of the country on military duty and other such things and I am willing to approve your proctors if they meet Parks rules for being a proctor. I use your email as my justification for approving such proctors so that if there is ever a question about it, I will have documentation.

Copyright:

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

Last Updated:8/15/2006 8:09:21 AM