for Syllabus Financial Management BUS 4243 TWU Spring 2008
Professor:
Mark O. Tengesdal Associate Professor of Finance Office: CFO 409 Phone: ext. 2113 Email: [e-mail] Office hours: I enjoy working with students individually. Please feel welcome to come visit me during my office hours: Mon. 8:45 9:15 a.m. & 5:00 5:30 p.m. Tues. 9:30 11:30 a.m. & 1:30 3:00 p.m. Wed. 8:45 9:15 a.m. Thur. 9:30 11:30 a.m. & 1:30 2:30 p.m. or by appointment.
Finance Tutor: Minyu Sun Office: CFO 407A & sometimes 404 Phone: ext. 2484 Class meetings: Monday and Wednesday 9:30 10:50 a.m. ASB 202 Textbook and Aplia: In this course, you will use an online supplement to the textbook. Please see Aplia's "Student Registration and Payment Instructions" on the last page of this syllabus. The textbook is: Brigham, Eugene F. and Joel F. Houston, Fundamentals of Financial Management: Concise Fifth Edition (Harcourt, Inc., 2007). BUS 4243, Financial Management uses this same book. In addition, you will receive handouts. Recommended Reading: Anyone interested in a career related to Business, or who is interested in such a subject for personal reasons, will greatly benefit from reading relevant journals such as the following: The Wall Street Journal, Business Week, Fortune, The Economist. Course Description and Instructional Objective: This course presents concepts and tools needed for basic financial decision-making in a corporate environment. The techniques covered are those that allow the financial manager to make choices that are consistent with the primary financial goal of the firm, which is the maximization of shareholder wealth. Prerequisites: BUS 2043 and BUS 2053 or equivalent, Math 1703, Math 2203, and BUS 3053 or equivalent.
Homework: Homework assignments are due on Aplia according to the schedule. I will not accept late homework. Each student is responsible for his or her own work. It is imperative that you are able to solve homework problems quickly and accurately in order to do well on the exams. Do not put off homework; it will be difficult to keep up with the class if you do. Each chapter's homework will make up 10 points of the relevant exam. Examinations: You will take two midterm exams and one comprehensive final exam. Make-up exams will only be given in extenuating circumstances and during Dr. Tengesdal's office hours. If you must miss an exam, notify me immediately. Makeup exams will be more difficult than the original exam in order to be fair to the other students taking the exam at the scheduled time. In order to do well on the exams you must study the assigned sections in the book prior to the day that we cover them in class; and you must be able to solve the homework problems with confidence. Your preparation will require a substantial amount of independent study time. The student is responsible for all the material from the assigned reading. Each student should have their own financial calculator for the exam; there will be no sharing of calculators during the exam. You must show your work in the space provided on the exam. It is possible to receive partial credit if the answer is incorrect but there is a trail of work indicating the student was on the right track. (If the student does all the work on a calculator and just writes down an incorrect answer on the exam sheet, I cannot give any partial credit.) Once again, each homework makes up 10 points on the relevant exam. Midterm I February 20 Midterm II April 7 Comprehensive Final Exam May 5, 10:30 12:30 a.m. Calculators: Calculators are essential. A financial calculator is extremely helpful. I can help students learn the Texas Instruments BA-II Plus calculator during office hours. Note that a financial calculator has keys for Future Value (FV), Present Value (PV), Net Present Value (NPV), Internal Rate of Return (IRR), and Cash Flow (CF). Cheating: Anyone caught cheating will receive an "F" on the current assessment item and possibly for the course. Forging someone's name on the roll sheet is a form of cheating. Academic Dishonesty Honesty in completing assignments is essential to the mission of the university and to the development of the personal integrity of the student. Cheating, plagiarism, or other kinds of academic dishonesty will not be tolerated and will result in appropriate sanctions that may include failing an assignment, failing the class, or being suspended or expelled. Suspected cases in this course may be reported to Student Life. The specific disciplinary process for academic dishonesty is found in the TWU Student Handbook. Tools to help you avoid plagiarism are available through the TWU Libraries' "Quick Links" under "Research Help" (http://www.twu.edu/library/literacy/index.htm).
Course Grade: 90%+ (at least 360 out of 400 points) =A 80% up to 90% (320 to 359 points) = B 70% up to 80% (280 to 319 points) = C 60% up to 70% (240 to 279 points) = D less than 60% (less than 240 points) = F Midterm I Midterm II Comprehensive Final Exam 100 points 100 points 200 points 400 points total
Attendance and Participation: Attendance is very important. There is a strong correlation positive between attendance and grades. As an incentive for good attendance, if a student has perfect attendance then he/she will receive 10 bonus points to be added to one exam. A student can still earn bonus points for attendance, according to this schedule: Days missed Bonus points 0 10 1 9 2 7 3 4 4 or more 0 An absence will not count as one of the missed days if the absent student provides for an absence memo from the Office of Student Life. Please see the TWU catalogue for a guideline on excused absences (p. 113). A student's attentiveness is mandatory; intelligent vocal participation in class is not, but highly recommended. Both can improve a student's final grade if the student is between grades (on the border between an A and a B, for example). Inattentiveness, non-participation, or negative participation can result in a lower grade if the student is between grades. In addition, please understand that there is a strong positive correlation between attendance and grades due to the learning that takes place in the classroom and related activities.
Students with Disabilities: If you anticipate the need for reasonable accommodations to meet the requirements of this course, you must register with the office of Disability Support Services (CFO 106, 940-898-3835, [e-mail] ) in order to obtain the required official notification of your accommodation needs. Please plan to meet with me by appointment or during office hours to discuss approved accommodations and how my course requirements and activities may impact your ability to fully participate.
Family Educational Rights and Privacy Act: Grades will not be dispersed over the telephone or through e-mail. Grades and graded assignments will not be dispersed to anyone other than the student. Numerical grades will be available on Blackboard.
Tentative Schedule* January 14 Introduce Course and discuss Syllabus January 16 Chapter 10 January 21 holiday January 23 & 28 Chapter 10 January 30 & February 4, 6 & 11 Chapter 11 February 13 & 18 Chapter 12 February 20 Exam I covering Intro. and chapters 10, 11 February 25, Chapter 12 February 27, March 3, 5 & 10 Chapter 13 March 12, 24 & 26 Chapter 14 (Spring break March 17 through March 21) March 31 & April 2 Chapter 15 April 7 Exam II covering chapters 12, 13 & 14 April 9 & 14 Chapter 15 continued April 16, 21 & 23 Chapter 16 April 28 & 30 Chapter 17 May 5, 10:30 12:30 a.m. Comprehensive Final Exam: 50% covering chapters 15, 16 and 17, and 50% comprehensive
* We may not cover all the listed material or we may cover more material depending on the pace of the class.
Student Registration and Payment Instructions
Course Name: BUS 4243 Financial Management Spring 2008 Start Date: 01/11/2008 Professor: Mark Tengesdal Course Key: E328-NZYL-A2DQ You can begin working on your homework as soon as you register! In this course, you will use a textbook and Aplia's website. You will save money if you buy these together. You have two purchase options. You will have free access to the first four chapters of an online copy of your textbook at Aplia. You can access the remaining online chapters as soon as you submit a payment for your Aplia course. Don't buy anything until you understand your alternatives.
Registration
Registration Instructions 1. Connect to http://www.aplia.com. 2. Click the System Configuration Test link below the Sign In and Register sections to make sure you can access all of the features on Aplia's website. This takes just a few seconds and tells you how to update your browser settings if necessary. 3. Return to http://www.aplia.com. If you have never used Aplia before, click the New Student button and enter your Course Key: E328-NZYL-A2DQ. Continue following the instructions to complete your registration. If you have used Aplia before, sign in with your usual e-mail address and password and enter your Course Key when prompted: E328-NZYL-A2DQ. If you are not prompted for a new Course Key, click the Enter Course Key button to enroll in a new Aplia course. Enter your Course Key when you are prompted. 4. If you understand your payment options, pay now. Otherwise, postpone your purchase decision by choosing the option to pay later. Your payment grace period ends at the end of the day on 01/31/2008.
Payment
Option A: Pay Aplia Directly Purchase access to your course directly from Aplia on our website for $70.00 USD. The website includes: - Access to an online copy of your textbook. - Content that has been customized for your textbook and course. However, if you try using the online textbook and decide you would also like a physical textbook, you can order one from Aplia for $50.00 USD plus $7.50 for shipping and handling. Option B: Purchase at Bookstore Purchase a bundle from your school's bookstore, which includes: - An Aplia Access Card containing a Payment Code that you can enter on Aplia's website as payment for your Aplia course. - A physical textbook. Purchase a stand-alone Aplia Access Card from your school's bookstore. - Access Cards contain a Payment Code you can enter on Aplia's website as payment
for your Aplia course.