California State University, San Marcos
College of Business Administration
FIN 304-2 Introduction to Corporate Finance
Dr. Wenyuh Tsay
356 Markstein Hall
or by appointment
This course is the foundation course in the field of finance.
It introduces you the basics of the
financing and investment decisions of financial managers.
Included are topics such as financial
mathematics, net present value, capital budgeting, valuation of financial securities, risk and return,
cost of capital,
capital structure, dividend policy, working capital management, and international
This course will be one of the most challenging and rigorous courses in your business program.
Unlike some courses in which you may be familiar with most of the concepts from your daily
experience, you will encounter new concepts and terminologies in this course.
In addition, most
topics are quantitative in nature.
This means that you need to work hard and keep up with the pace
of the course.
My past experience suggests that if you lag behind the class schedule, it would be
very difficult to catch up.
COURSE REQUIREMENTS AND PROCEDURES:
The pre-requisites for this course are listed in the course catalogue.
The instructor reserves
the right to administratively drop, at any point, any student who has not met the
Students choosing to withdraw from this course are responsible for doing so
according to university procedures and deadlines.
- Required text:
Fundamentals of Corporate Finance
, Ninth Edition, by Ross, Westerfield,
and Jordan, 2010, Irwin McGraw-Hill.
(It is fine to use a previous edition, but your submitted homework should be based
the current end-of-chapter problems since numbers have been changed.)
- A subscription to the Wall Street Journal and a financial calculator (either TI BA II Plus or
HP 10B) are highly recommended.
Reading newspapers/periodicals is a good way
to begin a lifelong pattern of professional reading.
We will discuss significant
financial events as they occur.
Lecture notes and other supplemental materials are available for on-line access on the
school web site.
The URL address is
; the user name is
, and the password is
Solutions to the end-of-the-chapter problems will be
posted on the web after home work is collected.
In the Classroom
You are expected to read the material before the day on which it is discussed in class.
will be responsible for the material and all reading assignments regardless of whether or not
they are covered in lecture.
Additionally, I supplement textbook with material introduced in
lecture and you are responsible for all material presented in class.
To encourage class participation and keeping informed of current issues, I will award extra