PA579 Corporate Finance: Conc & Strat

for S1P 2011

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PA 579: Corporate Finance


S1P 2011 DL


Ellis, Lana J.


Adjunct Faculty


M.A., Ph.D., University of Missouri-Kansas City
J.D., Seattle University School of Law
M.B.A., Rockhurst University

Daytime Phone



Class Days


Class Time


Credit Hours


Corporate Finance Demystified by Troy A. Adair, McGraw Hill Irwin. ISBN 978-0-07-145910-5.

Analysis for Financial Management, 9th Edition, by Robert C. Higgins, McGraw-Hill. ISBN 978-0-07-729765-7.

Select Harvard Business Cases:

  • Cariboo Industrial, Ltd.
  • Toy World Inc.
  • Iridium, LLC.
  • Midland Energy Resources, Inc.

Textbooks can be purchased through the MBS bookstore

Textbooks can be purchased through the Parkville Bookstore

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Course Description:

The study of selected techniques and their application in financial management, including financial analysis and planning, cash flow management, long-term financing, dividend policy and capital budgeting.

Educational Philosophy:
I believe that education is an interactive process in which my role is to help guide students as they develop substantive knowledge and critical thinking skills. In addition to developing substantive knowledge and skills, homework assignments let me know how the class is doing as we go along so I can better assist students in learning the material. I am available to provide additional assistance and to answer any questions that you have. 

  Instructor Learning Outcomes

  1. Understand basic financial information and financial models, which include ratios, forecasts, and discounted cash flow.
  2. Assist and provide overall decision support using financial analysis techniques.
  3. Analyze financial statements and apply ratio analysis to assess a company's financial health and future prospects.
  4. Apply financial management techniques to facilitate decision making regarding the acquisition and management of new resources.
Class Assessment:
1) Classroom Discussion, 2) Homework Assignments, and 3) Group Projects 

1. CLASSROOM DISCUSSION (Due by midnight CST each Wednesday and Saturday)
Students are expected to actively participate in classroom discussions.  Comments should demonstrate that students have read and have a basic understanding of the assigned reading material.  Weekly classroom participation is worth a maximum of 10 points.
2. HOMEWORK ASSIGNMENTS (Due by midnight CST each Sunday)
Students are expected to complete assigned end of chapter quizzes and problems. The weekly homework assignments must be submitted  by midnight CST each Sunday. Students must show their work to receive credit for homework submitted.  Each weekly homework assignment is worth a maximum of 10 points.
Students are expected to participate in a project covering the four major topic areas of the course. Each group is expected to submit written project reports on each of the four topic areas.  Each project report is worth a maximum of 10 points.


Classroom Discussion                            80 points (8 x 10 points each)
Homework Assignments                         80 points (8 x 10 points each)
Projects                                                40 points (4 x 10 points each)

Total                                                    200 points
Grading Scale:
A   100% to 90%
B    89% to 80%
C    79% to 70%
D    69% to 60%
F    59% and Below

Late Submission of Course Materials:
Assignments must be submitted during the week they are due in order for students to receive credit. I do not grant incomplete grades except in exceptional circumstances such as family, medical or legal emergencies. These emergencies must be documented.

Classroom Rules of Conduct:

Please e-mail your questions to my Park University e-mail address:  Providing a specific subject line in your e-mail will help you get a faster response. I check my e-mail frequently, but I receive many e-mails that require responses.  I will respond to course-related questions within 48 hours–unless I notify you previously that I will be unavailable. 

Course Topic/Dates/Assignments:






Monday, January 10, 2011 –Sunday, January 16, 2011

Topics: Introduction

 Reading Assignment:
1. Adair, Chapter 1
2. Adair, Chapter 2

Homework Assignment:
1. Adair, Chapter 1 Quiz
2. Adair, Chapter 2 Quiz

Due by midnight CST on Sunday, January 16.


Monday, January 17, 2011 – Sunday, January 23, 2011

Topics: Assessing the Financial Health of the Firm

 Reading Assignment:
1. Adair, Chapter 3 
2. Higgins, Chapter 1

Homework Assignment:
1. Adair, Chapter 3 Quiz
2. Higgins, Chapter 1 Problems

Due by midnight CST on Sunday, January 23.


Monday, January 24, 2011 – Sunday, January 30, 2011

Topics: Assessing the Financial Health of the Firm

Reading Assignment:
1. Adair, Chapter 4
2. Higgins, Chapter 2

Homework Assignment:
1. Adair, Chapter 4 Quiz 
2. Higgins, Chapter 2 Problems

Due by midnight CST on Sunday, January 30.


Monday, January 31, 2011 – Sunday, February 6, 2011

Topics: Planning Future Financial Performance

 Reading Assignment:
1. Adair, Chapter 15
2. Higgins, Chapter 3
Homework Assignment:
1. Adair, Chapter 15 Quiz 
2. Higgins, Chapter 3 Problems Due by midnight CST on Sunday, February 6.

Project: Assessing the Financial Health of the Firm Due by Wednesday, February 2.


Monday, February 7, 2011 – Sunday, February 13, 2011

TOPIC: Financing Operations

Reading Assignments:
1. Higgins, Chapter 4
2. Higgins, Chapter 5

Homework Assignment:
1. Higgins, Chapter 4 Problems
2. Higgins, Chapter 5 Problems

Due by midnight CST on Sunday, February 13.

Project: Planning Future Financial Performance Due by Wednesday, February 9.


Monday, February 14, 2011 – Sunday, February 20, 2011

Topics: Evaluating Investment Opportunities

 Reading Assignment:
1. Adair, Chapter 10
2. Higgins, Chapter 7

Homework Assignment:
1. Adair, Chapter 10 Quiz 
2. Higgins, Chapter 7 Problems

Due by midnight CST on Sunday, February 20.

Project: Financing Operations Due by Wednesday, February 16.


Monday, February 21, 2011 – Sunday, February 27, 2011

Topics: Evaluating Investment Opportunities

Reading Assignments:
1. Adair, Chapter 11
2.Adair, Chapter 12
3. Higgins, Chapter 8

Homework Assignment:
1. Adair, Chapter 11 Quiz
2. Adair, Chapter 12 Quiz
2. Higgins, Chapter 8 Problems

Due by midnight CST on Sunday, February 27.


Monday, February 28, 2011 – Sunday, March 6, 2011

Topics: Evaluating Investment Opportunities

 Reading Assignments:
1. Higgins, Chapter 9

Homework Assignment:
1. Higgins, Chapter 9 Problems

Due by midnight CST on Sunday, March 6.

Project: Evaluating Investment Opportunities Due by Wednesday, March 2.

Please note that the assignments and topics are subject to change. You will be notified one week in advance if a change is required.

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Park University 2010-2011 Graduate Catalog Page 20

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Instructors are required to maintain attendance records and report absences. Excused absences can be granted by the instructor, for medical reasons, school sponsored activities, and employment-related demands, including temporary duty. Students are responsible for any missed work. Absences for two successive weeks, without approved excuse, will be reported to the Director of the individual graduate program, or to the Executive Director for the Graduate School, for appropriate action. Students with such a record of absences, without an approved excuse, may be administratively withdrawn from the class and notified that an "F" will be recorded, unless the student initiates official withdrawal from the class(es).Park University 2010-2011 Graduate Catalog Page 24

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Last Updated:12/19/2010 9:39:54 PM