BAD 350: Managerial Finance
Spring 2007
Instructor: James Winikates
Phone: 708-524-6537
Fax: 708-524-6939
E-mail: jwinikat@dom.edu
Office: Fine Arts 311
Office hours: Tu/Thur
Required Text and
Financial Calculator
Fundamentals of Financial Management, Brigham & Houston, Eleventh Edition, Thomson-Southwestern, 2007 (ISBN 0-324-319800)
Financial Calculator: The HP 10BII is recommended. Other financial calculators may be used, but it is each students responsibility to learn how to use his/her financial calculator.
Course Description
BAD 350 is intended to provide students with an overview of
the basic concepts and principles of financial management, with emphasis on
ratio analysis, time value of money, risk/return analysis, and capital
budgeting. All organizations, for-profit
and not-for-profit, must be able to effectively manage their financial
resources to achieve their objectives.
Therefore, they must collect and interpret financial information to make
appropriate strategic and operational decisions. The fundamental concepts addressed in this
course can be applied by students in their professional careers and personal
investment decisions. Prerequisite: Accounting 101; Recommended:
Economics 260
Expected Learning
Outcomes
Upon completion of this course, students will understand:
Instructional Method
The course will utilize lectures, group discussion, and in-class problem solving. Finance is about numbers, so the course is very quantitative. Your success in the course requires careful attention to and use of the course calendar that accompanies this syllabus. Systematic preparation for each class and satisfactory completion of homework assignments is absolutely necessary to understand the material and achieve success in the course.
As this is an introductory course, it will cover a lot of ground. The structure of the course makes your individual study and preparation outside of class extremely important. The material presented in class will focus on the major points introduced in the text. Reading the assigned chapters and having some familiarity with them before class will greatly assist your understanding of the material presented in class.
Grading Policies
Final grades will be determined as follows:
|
Homework assignments (11 @ 30 points each) |
330 |
|
Exams (3 @ 200 points each) |
600 |
|
Participation |
70 |
|
Total |
1000 |
The grading scale is:
|
Letter Grade
Assigned |
Cumulative Points |
Associated Grade
Percentage |
|
A |
920-1000 |
92-100% |
|
A- |
890-919 |
89-91.9% |
|
B+ |
870-889 |
87-88.9% |
|
B |
830-869 |
83-86.9% |
|
B- |
800-829 |
80-82.9% |
|
C+ |
780-799 |
78-79.9% |
|
C |
730-779 |
73-77.9% |
|
C- |
650-729 |
65-72.9% |
|
F |
649 & below |
64.9% & below |
Homework Assignments
All homework assignments are to be typed (single spaced). Use of an Excel spreadsheet is acceptable. .
Please note that a homework assignment turned in late will receive a reduced grade.
Other Resources
You should register for the course at http://blackboard.dom.edu to enable you to access certain course information and to facilitate email communication between the instructor and students. In particular, the Blackboard site contains PowerPoint presentations that will serve as a basis for class presentations.
Examinations
There will be three examinations. They will not be cumulative but will only cover material after the previous exam. The exams will consist of multiple choice questions and short essay questions.
Course Calendar*
|
Date |
|
Assignment
Due |
|
January 11 |
Chapter 1 An Overview of
Financial Management |
|
|
January 16 |
Chapter 2 Time Value of
Money |
|
|
January 18 |
Chapter 2, cont. |
|
|
January 23 |
Chapter 2, cont. |
|
|
January 25 |
Chapter 3 Financial
Statements, Cash Flow, and Taxes |
HW # 1 |
|
January 30 |
Chapter 3, cont. |
|
|
February 1 |
Chapter 4 Analysis of
Financial Statements |
HW # 2 |
|
February 6 |
Chapter 4, cont. |
|
|
February 8 |
Chapter 5 Financial
Markets and Institutions |
HW # 3 |
|
February 13 |
No class |
|
|
February 15 |
Exam Chapter 1-5 |
|
|
February 20 |
Chapter 6 Interest Rates |
|
|
February 22 |
Chapter 7 Bonds and Their
Valuation |
HW # 4 |
|
February 27 |
Chapter 7, cont. |
|
|
March 1 |
Chapter 8 Risk and Rates
of Return |
HW # 5 |
|
March 5-11 |
Spring break |
|
|
March 13 |
Chapter 8, cont. |
|
|
March 15 |
Chapter 9 Stocks and
Their Valuation |
HW # 6 |
|
March 20 |
Chapter 9, cont. |
|
|
March 22 |
Exam Chapters 6-9 |
|
|
March 27 |
Chapter 10 The Cost of
Capital |
HW # 7 |
|
March 29 |
Chapter 10, cont. |
|
|
April 3 |
Chapter 11 The Basics of
Capital Budgeting |
HW # 8 |
|
April 5-8 |
Easter vacation |
|
|
April 10 |
Chapter 11, cont. |
|
|
April 12 |
Chapter 12 Cash Flow
Estimation and Risk Analysis |
HW # 9 |
|
April 17 |
Chapter 12, cont. |
|
|
April 19 |
Chapter 14 Capital
Structure and Leverage |
HW # 10 |
|
April 24 |
Chapter 14, cont. |
|
|
April 26 |
Chapter 16 Working
Capital Management |
HW # 11 |
|
April 30 May 3 |
Exam Chapters 10-16 |
|
* Subject to change.