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BUS-416-20, Managing Financial Resources (SP13)

INSTRUCTOR: Lawrence Beyer

SCHEDULE/DAY/TIME: SEM/Wednesday/6:00 – 8:45 p.m., 01/30/2013-05/08/2013

CONTENT:

Emphasizes the foundation areas of accounting and finance to educate students in financial management process.  Introduces topics including understanding and interpreting key financial statements (balance sheet and income statement), budgeting and capital budgeting, breakeven, and time-value of money.

LEARNING OBJECTIVES:

Learn and use several basic concepts essential for financial decision-making, as follows.

-Financial Statement Analysis: Learners should understand how balance sheets and income statements are created, and calculate and interpret financial performance measures.

-Management Accounting Concepts: Learners should be able to calculate accounting break-even, and understand how a corporate budget is produced.

-Time Value of Money: Learners should be able to interpret descriptive investment language to determine the actual returns on alternative investment opportunities.

-Cash-flow:  Learners should become skilled at distinguishing between earnings and cash-flows, and learn how to extract cash-flow data from standard financial accounting reports.

-Capital Budgeting: Learners should understand the concepts of Net Present Value (NPV) and Internal Rate of Return (IRR), and begin to apply these concepts in practice.

METHODS:  

The format for this course includes lecture, class discussion, homework and problem review and discussion. Student participation is strongly encouraged. The class participation grade will be based on student attendance and participation. Students will be expected to present homework solutions in class and take part in class discussions. The course is Web-enhanced: all homework assignments will be posted on Joule and submitted through Joule. Quizzes may be assigned and submitted through Joule. Readings assigned (other than the textbook) will be posted on Joule.

ATTENDANCE POLICY:

Attendance is very important. The course meets only 10 times so attending every meeting is highly recommended and expected. Missing 3 or more classes will result in a failing grade regardless of tests and homework scores.

REQUIREMENTS AND ASSIGNMENTS: 

Grading                                         Points       

Quiz 1                                            100           

Quiz 2                                            150           

Quiz 3                                            150           

Quiz 4                                            150           

Final Exam                                      200         

Homework                                       150           

Class Participation                            100                                                

Total                                               1,000                                             

REQUIRED TEXT(S) OR MATERIALS: 

Custom Textbook: Managing Financial Resources published by McGraw-Hill Irwin.

RECOMMENDED READINGS OR MATERIALS: 

Wall Street Journal

READINGS AND/OR ASSIGNMENTS TO BE DONE PRIOR TO THE FIRST CLASS:

Please read the first 2 chapters of the textbook.