To access the course, follow the instructions supplied at course orientation.
FIN 311 is a seminar on finance for nonfinancial managers. The course will cover basic financial tools and principles in a user-friendly format. Both small and large business financial management will be covered. Specific examples based on actual company data will be employed.
This is a hybrid course, meaning that part of the material is delivered in-class and part will be delivered online. This will be explained the first day of class. That means that students are required to keep up with assignments on their own. There will be no makeups for missed or late assignments. There will also be no excuses for students who did not understand the schedule or who did not read the material on time.
Objectives
On completion of the course students should:
- Understand the financial system of the United States.
- Recognize the relationship of finance to other business disciplines.
- Know how to use basic financial information in decision-making.
- Be able to use basic financial tools and techniques.
Instructor
Textbook
This class uses a custom textbook with supporting web materials provided by the publisher. Students must purchase the required materials in order to complete exams. Access to course materials is described the first class meeting.
Financial Calculator
A financial calculator is required for this course. The HP 10BII will be demonstrated in class, and it is the only calculator that will be allowed for use on exams.
Course Policies
Course policies and procedures will be furnished to each student. Students are expected to be cognizant of, and comply with these course policies.
Grading
Course grading will be discussed the first class meeting. Students accrue points for various exams and assignments. 900 points are required for an A in the course, 800 for a B, 700 for a C, and 600 points to pass the course.
| Assigned | Description | Topic | Due | Value |
|---|---|---|---|---|
| 01/10 | Homework 1 | Introduction | 01/17 | 50 |
| 01/22 | Homework 2 | Financial Markets | 01/29 | 50 |
| 02/21 | Homework 3 | Time Value of Money | 02/28 | 50 |
| 02/28 | Homework 4 | Capital Budgeting | 03/07 | 50 |
| 04/04 | Homework 5 | Bonds | 04/04 | 50 |
| 04/16 | Homework 6 | Stocks | 04/16 | 50 |
| 04/30 | Homework 7 | Cost of Capital, Return and Risk | 04/30 | 50 |
| 01/17 | Case 1 | Contemporary Business Problems | 01/24 | 50 |
| 01/29 | Case 2 | Business Plans | 02/05 | 50 |
| 02/14 | Case 3 | Comprehensive Case | 04/30 | 200 |
| 02/07 | Exam One | Financial Markets, Taxes, and Financial Statements | 175 | |
| 03/21 | Exam Two | Capital Budgeting, Sources of Financing, and Time Value of Money | 175 | |
| Total Points | 1000 | |||
Lecture Topics
Date Topic
01/10 Introduction and Class Overview
01/15 Finance Overview
01/17 Problems Facing Business
01/22 Financial Markets and Regulatory Issues
01/24 How Companies Add Value and Financial Statements
01/29 Financial Statements, Cont'd and Business Plans
01/31 Analyzing Financial Statements
02/05 Business Plans and Review for Exam One
02/07 Exam One
02/12 Sources of Financial Information
02/14 Comprehensive Case Introduction
02/19 Time Value of Money Introduction
02/21 Financial Calculators
02/26 Time Value of Money Applications
02/28 Capital Budgeting Introduction
03/05 Capital Budgeting, Cont'd
03/07 Sources of Financing and Cost of Capital
03/12 Spring Break
03/14 Spring Break
03/19 Review for Exam Two and Discussion of Next Phase of Course
03/21 Exam Two
03/26 Bonds and Comprehensive Case Meeting
03/28 Bond Valuation and Comprehensive Case Meeting
04/02 Comprehensive Case Meeting
04/04 Bonds, Cont'd
04/09 Stocks and Comprehensive Case Meeting
04/11 Stock Valuation and Comprehensive Case Meeting
04/16 Stocks, Cont'd
04/18 Cost of Capital
04/23 Return & Risk and Comprehensive Case Meeting
04/25 Return & Risk, Cont'd and Comprehensive Case Meeting
04/30 Comprehensive Case and Cost of Capital, Return & Risk