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FI 360 Financial Management
Azar, Rick


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   Principles of Finance

Semester

S1B 2009 BL

Faculty

Rick Azar,  CPA, MAcctcy

Title

Accounting Instructor/ Adjunct Faculty

Degrees/Certificates

BBA    Accounting , University Texas El Paso
Masters Accountancy,  University Texas El Paso
CPA  ( Certified  Public  Accountant )

Daytime Phone

915-588-3121

Other Phone

same

E-Mail

rick.azar@pirate.park.edu

Web Page

http://    na

Semester Dates

January 5 thru February 28,  2009

Class Days

-M, W

Class Time

5:00 pm to  7:30 pm

Credit Hours

3


Textbook:
Foundations of Financial Management ,     Block and Hirt,  edition 12, McGraw Hill  Publishers.

Textbooks can be purchased through the MBS bookstore

Additional Resources:
Wall Street Journal

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/.

http://Yahoo.com/finance
http://Edgar.gov

Course Description:
Introduction to principles of finance including the concepts, procedures and terminology of modern finance.

Educational Philosophy:
Educational Philosophy: Example: The facilitator’s educational philosophy is one of interactiveness based on lectures, readings, dialogues, examinations, internet, web sites and writings. Instructor will target the cognitive skills  of memory,  comprehension,  and application. Accounting  is a practical course and we will emphasize problem solving.

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:
Class Assessment: Examinations, presentations, projects, papers, etc. In order to prepare for examinations, please note the following homework assignments :


Chapter  9                                  Problems 1 thru 20   ( read entire chapter)


Chapter  10                                  Prb 1-3;  21-29        ( read entire chapter) 

Chapter  11                                  Prb  17, 18, 19         ( reading 327 thru 337)            

 
Chapter  12                                  Prb   9 thru 15;         (read 367 thru 376) 
 
Chapters  2 thru 5           
 
     Group  research paper ( "Appraisal Project") the objective of which is to determine the stock     price of a currently trading company.  Students will be provided all materials for this project. Chapters 2-5  will support the relevant topics.
Lecture will guide students on completeing this paper.


Grading:

Exam 1                                                                             35%
Exam 2 - appraisal project                                                 35%
Appraisal project                                                               30%
Homework                                                                        n/a
Final Grade                                                                     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.

Late Submission of Course Materials:
Usually I do not accept late submission of work;  however, talk with me prior to deadline of submitting any course work  and I will make arrangements for a later submission if it seems justifiable  and fair to other students.

Classroom Rules of Conduct:
Students should conduct themselves properly at all times in the classroom,  and never interrupt the instructor when he has clearly shown that lecture is in order. 

Course Topic/Dates/Assignments:

CLASS MEETING TIMES, TOPICS AND EXAM SCHEDULE

WEEK             TOPIC
 
One   from chapter 9;  introduction to the concepts of the time value of money;  the four functions of
         the dollar in this context; emphasis on applications.

Two    from chapter 10;  focus on the valuation of the three principal security instruments, bonds, preferred stock,
       common stock. Basic assumptions underlying the valuation of common stock as a capitalization of future earnings. 
Three     from chapter eleven an twelve,  introducing the concept of the "Cost of Capital"  ,  determining the cost of capital
               for each of the three principal security instruments;  discussion of the optimum weight of  each. Discussion  and      Net Present Value Method for evaluating a project.
 
Four        Monday evening      pretest review
            
  Wednesday evening    return exams
 
Five         Introduction to appraisal project. Prepare commonsize income statements and balance sheets for both
               guideline companies and the subject company. Chapter 2  of your text can be used as support.
 
Six         Ratio analysis  will be prepared for all four companies. Introduce the narratives that are to accompany the
              research  paper.  Chapter 3  can be used as support.
 
Seven    Prepare actual  appraisal/evaluation of subject comapny by using market multipliers. 
 
Eight      Hand in appraisal project.  On Wednesday  take Exam 2  on appraisal project
 
 

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

The instructor may excuse absences for valid reasons, but missed work must be made up within the semester/term of enrollment.
Work missed through unexcused absences must also be made up within the semester/term of enrollment, but unexcused absences may carry further penalties.
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".
A "Contract for Incomplete" will not be issued to a student who has unexcused or excessive absences recorded for a course.
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.
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 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 .
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. Park University is committed to meeting the needs of all learners that meet the criteria for special assistance. These guidelines are designed to supply directions to learners 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 American with Disabilities Act of 1990, regarding learners with disabilities and, to the extent 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:12/22/2008 4:59:58 PM