BUSN 460. A0. Managerial Finance. 3 credit hours.

 

Dr. Souren Soumbatiants, MIBS, MS

 

Class meets Tuesdays, Thursdays: 4.00 – 5.15 pm in DB 202.

 

Office hours: Tuesdays, Wednesdays, Thursdays: 1.30 – 4.00 pm in DB 317. Additional office hours are available upon request.

 

Prerequisites: BUSN 270 (Basic Statistics), BUSN 300 (Applied Mathematics for Business)

 

Website: http://vista.acaweb.org                                                                      e-mail:   soumbat@lmunet.edu

 

Course Objective: to help student develop skills in basic financial analysis tools including capital budgeting, ratio analysis, interest rates, and risk analysis.

 

Course Materials:

Required Text: Brigham & Houston, “Fundamentals of Financial Management”, concise 4th edition, South-Western, Thomson Learning, 2004. ISBN 0-324-25870-4

 

Grading:

Your grade in this class will be determined based on your performance on quizzes, assignments, homework, midterm, a class project and a comprehensive final exam:

 

Type

Weight

Due date

Type of questions

Comments

Class participation

5%

n/a

Open

Class discussions

Quizzes

10%

n/a

Multiple choice

Two lowest grades will be dropped

Homework/

Assignments

15%

to be announced

Multiple choice, short problems, and/or case studies

Homework is due at the beginning of the class period. You might receive a partial credit if your homework is late.

Project

20%

April 13, 15 (if needed)

A financial instruments’ study

No partial credit will be given if you turn in your project late

Midterm Exam

20%

March 4, regular class hours

Definitions, multiple choice and short problems

Test review will be on February 26

Final Exam

30%

May 7,

1.30 – 3.30 pm

Definitions, multiple choice, an essay and short problems

Test review will be on

April 29

                               

Grading Scale

 

A             90+                                          A-           87-89.9

B+           85-86.9                                    B             80-84.9                                    B-            77-79.9

C+           75-76.9                                    C             70-74.9                                    C-            67-69.9

D+           65-66.9                                    D             60-64.9                                    D-            55-59.9

F              <55

Your overall grade will be lowered by 10 points (one letter grade) if you skip 3 or more class meetings.

 

Students with Disabilities

        Any student with a disability requiring accommodation(s) should make an appointment with the Vice President for Student Affairs (423-869-6393) to discuss specific needs.

 

Calendar (tentative)

Class Date

Topic

Text Assignment

1/13

Introduction

None

1/15

Overview

Chapter 1

1/20

Financial Statements

Chapter 2

1/22

Financial Statements

Chapter 2

1/27

Analysis of Financial Statements

Chapter 3

1/29

Analysis of Financial Statements

Chapter 3

2/3

Financial Environment

Chapter 4

2/5

Risk and Rates of Return

Chapter 5

2/10

Risk and Rates of Return

Chapter 5

2/12

Time Value of Money

Chapter 6

2/17

Time Value of Money

Chapter 6

2/19

Bonds

Chapter 7

2/24

Stocks

Chapter 8

2/26

Stocks

Chapter 8

3/2

Review for the Midterm

Chapters 1 – 8

3/4

Midterm Exam

Chapters 1 – 8

3/9

Cost of Capital

Chapter 9

3/11

Cost of Capital

Chapter 9

3/16

Capital Budgeting

Chapter 10

3/18

Capital Budgeting

Chapter 10

3/23, 3/25

Spring Break. No classes

 

3/30

Cash Flow and Risk Analysis

Chapter 11

4/1

Capital Structure

Chapter 12

4/6

Leverage

Chapter 12

4/8

Distribution to Shareholders

Chapter 13

4/13, 4/15

Presentations

 

4/20

Working Capital Management

Chapter 14

4/22

Financial Planning and Forecasting

Chapter 15

4/27

Multinational Financial Management

Chapter 16

4/29

Review for the Final Exam

Chapters 9 – 16

5/7

FINAL EXAM @ 1.30 pm

Chapters 1 – 16

 

Academic Integrity

   It is the aim of the faculty of Lincoln Memorial University to foster a spirit of complete honesty and a high standard of integrity.  The attempt of any student to present as her/his own any work which he/she has not honestly performed is regarded by the faculty and administration as a very serious offense and renders the offender liable to severe consequences and possible suspension.

        1.   Cheating: dishonesty of any kind on examinations or written assignments, unauthorized possession of examination questions, the use of unauthorized notes during an examination, obtaining information during an examination from another student, assisting others to cheat, altering grade records, or illegally entering an office are instances of cheating.

        2.   Plagiarism: offering the work of another as one’s own without proper acknowledgment is plagiarism; therefore, any student who fails to give credit for quotations or essentially identical material taken from books, magazines, encyclopedias, web sources or other reference works, or from the themes, reports, or other writing of a fellow student has committed plagiarism.

Academic Grievance Procedure

        Grievances concerning any aspect of academics should first be taken to the instructor of the class if a classroom situation is in dispute.  If a student feels he/she needs to take the matter further, the chair of the department offering the course should be consulted.  The next appeal source is the Dean, College of Undergraduate Studies. A final decision may be rendered by the Vice President for Academic Affairs and Provost. If the dispute involves an academic program, the academic advisor or the chair of the department should be consulted first.