Business Finance

Course Details

Course Number: 3733  Section Number: 170

Fall 2010

Location: Dillard College of Business Administration

Classroom Number: 178

Days & Times:

MW 4:00-5:20pm



Course Attachments

Syllabus  syl-308959MWS-2010-Fall-FINC3733-170-20100827-115741.docx

Textbooks

MSU Faculty Member
Dr. Roy P. Patin Jr.   
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Course Objectives

General Learning Goals

[1] Problem solving and decision-making abilities through critical analysis, evaluation, and interpretation of business information

[2] Use of available technology for business applications

Exams will require students to understand key concepts, solve problems, and explain the meaning of results. In solving problems, students will have to decide, based on given information, which approach or technique to use and apply the technique correctly.
 


Course Expectations

Course Specific Learning Goals

After completing this course, students should be able to:

1. Apply basic time value of money concepts to the solution of appropriate financial problems and interpret results.

2. Define and discuss the general asset valuation model and apply the model to the valuation of financial assets, such as bonds and common stock.

3. Apply the concept of risk measurement to the analysis of (1) a financial asset held in isolation and (2) a financial asset held as part of a diversified portfolio of assets.

4. Articulate the meaning of a firm’s weighted average cost of capital, identify and discuss the major factors which affect a firm’s weighted average cost of capital, and discuss the procedure for assessing a firm’s weighted average cost of capital.

5. Apply the general asset valuation model and the capital budgeting procedure to the analysis of long-term assets required to carry out the firm’s mission.
 


Grading Standards

Determinants of the Final Course Grade

Each student’s final semester average in the course will be based on points earned on three regular exams. The table below summarizes this policy.

Regular Exams Points/Exam Total Points
3 Exams 100 300
Total Possible Points 300

Final Course Grade Determination

Each student’s computed semester average will be determined to three decimal places by dividing total points earned by total possible points (300). Computed semester averages will be rounded to the nearest whole number. The rounded average will be compared to the following grading scale in assigning final letter grades. (Note: the rounding procedure is described in the next section).

 


Superior 90% to 100% A
Above Average 80% to 89% B
Average 70% to 79% C
Below Average 60% to 69% D
Failing 59% and Below F

Rounding Procedure

The computed average will be rounded up if the fraction is 0.100% or higher and rounded down if the fraction is lower than 0.100%.

Example 1: A computed average of 69.100% or higher will be rounded up to 70%. Using the grading scale above, a letter grade of “C” will be assigned. On the other hand, a semester average of 69.099% or lower will be rounded down to 69% resulting in a final letter grade of “D.”

Example 2: A computed average of 89.100% or higher will be rounded up to 90% and a final letter grade of “A” assigned. A semester average of 89.099% or lower, however, will be rounded down to 89% and a final letter grade of “B” assigned.

This rounding procedure will be followed precisely as explained and no exceptions will be made.

Exam Format

Each regular exam and the comprehensive make-up exam may contain a varying mixture of the following types of questions: (1) True-False, (2) Multiple Choice Questions, (3) Multiple Choice Problems, taken from the authors’ test bank and (4) Unstructured Problems (in which you must develop your entire solution), and (5) Short Discussion Questions (in which you must develop and write your answer).

Please note that each regular exam and the comprehensive make-up exam may be composed of different mixtures of the above types of questions and problems (different formats).
 


Submission Format PolicyNote: You may not submit a paper for a grade in this class that already has been (or will be) submitted for a grade in another course, unless you obtain the explicit written permission of me and the other instructor involved in advance.

Plagiarism Policy Plagiarism is the use of someone else's thoughts, words, ideas, or lines of argument in your own work without appropriate documentation (a parenthetical citation at the end and a listing in "Works Cited")-whether you use that material in a quote, paraphrase, or summary. It is a theft of intellectual property and will not be tolerated, whether intentional or not.

Student Honor Creed

As an MSU Student, I pledge not to lie, cheat, steal, or help anyone else do so."

As students at MSU, we recognize that any great society must be composed of empowered, responsible citizens. We also recognize universities play an important role in helping mold these responsible citizens. We believe students themselves play an important part in developing responsible citizenship by maintaining a community where integrity and honorable character are the norm, not the exception. Thus, We, the Students of Midwestern State University, resolve to uphold the honor of the University by affirming our commitment to complete academic honesty. We resolve not only to be honest but also to hold our peers accountable for complete honesty in all university matters. We consider it dishonest to ask for, give, or receive help in examinations or quizzes, to use any unauthorized material in examinations, or to present, as one's own, work or ideas which are not entirely one's own. We recognize that any instructor has the right to expect that all student work is honest, original work. We accept and acknowledge that responsibility for lying, cheating, stealing, plagiarism, and other forms of academic dishonesty fundamentally rests within each individual student. We expect of ourselves academic integrity, personal professionalism, and ethical character. We appreciate steps taken by University officials to protect the honor of the University against any who would disgrace the MSU student body by violating the spirit of this creed. Written and adopted by the 2002-2003 MSU Student Senate.

Students with Disabilities The Americans with Disabilities Act (ADA) is a federal anti-discrimination statute that provides comprehensive civil rights protection for persons with disabilities. Among other things, this legislation requires that all students with disabilities be guaranteed a learning environment that provides for reasonable accommodation of their disabilities. If you believe you have a disability requiring an accommodation, please contact the Disability Support Services in Room 168 of the Clark Student Center, 397-4140.

Safe Zones Statement The professor considers this classroom to be a place where you will be treated with respect as a human being - regardless of gender, race, ethnicity, national origin, religious affiliation, sexual orientation, political beliefs, age, or ability. Additionally, diversity of thought is appreciated and encouraged, provided you can agree to disagree. It is the professor's expectation that ALL students consider the classroom a safe environment.

Contacting your Instructor All instructors in the Department have voicemail in their offices and MWSU e-mail addresses. Make sure you add your instructor's phone number and e-mail address to both email and cell phone lists of contacts.

Attendance Requirements

In accordance with the university attendance policy, students are expected to attend all class meetings for this course. (Midwestern State University Undergraduate Catalog, Vol. LXXVIII, No. 1, 2010-2012, p. 78) Each meeting of this class will run for 120 minutes unless notified otherwise by the instructor. So as not to disturb the class, you are not to walk into or out of the classroom during the class period except for an emergency.

Arriving Late -- Arriving late for class 4 times will result in an administrative warning. Two additional occasions of tardiness may, at the discretion of the instructor, result in the offending student being administratively dropped from the course. A student who comes to class after the roll is checked will be counted absent unless the student notifies the instructor after class.

Absence From Class – A student who accumulates 4 absences may receive an administrative warning from the instructor. Two additional class absences may, at the discretion of the instructor, result in the offending student being administratively dropped from the course. Four consecutive absences will result in an administrative drop unless the student notifies the instructor with an explanation.

Electronic Devices – The following policies apply to all electronic devices such as cell phone, beepers, pagers, and devices with earphones.

1. As a general rule, all electronic devices should be turned-off during class time.
2. During all exams, cell phones must be turned-off and may not be used as calculators and no earphones may be used.
3. No cell phone calls may be made and or received during class time.
4. Two or more electronic disruptions during class will result in the student not being able to bring such devices to class.
5. Persistent disruptions caused by electronic devices may result in the student being administratively dropped from the course by the instructor.
 


Other Policies

Regular Exams

Three exams will be given during the semester. The dates for each of the exams are indicated on the Schedule of Class Meetings provided separately from this syllabus.

Comprehensive Make-Up Exam

A comprehensive make-up exam will be prepared and given during the final exam period assigned to this class. (See page 54, MSU Schedule of Classes for fall 2010) The date and time are also shown on the Schedule of Class Meetings attached to this syllabus. Any student who misses any one of the three regular exams will be required to take this comprehensive make-up exam. If a student takes all three regular exams, at their regularly scheduled days and times, no further testing will be required. No final exam will be given for this course.

Exam Grading Polices

The purpose of an exam is to measure your understanding of the principles and concepts underlying each problem or question on the exam. What exactly does this mean to you?

[1] You will be required to show the logic of your solution to each problem. While the calculator is an excellent tool for assisting you in solving problems, it is your reasoning and thinking that I am interested in measuring. As a general rule, a correct answer to a problem is worth 20% and the detailed analysis/solution of the problem is worth 80%. In order to receive full credit, you must clearly show me both the logic of your solution and the correct answer.

[2] You will be expected to answer all discussion questions concisely and thoroughly. Your answer must be constructed in an understandable manner using reasonable grammar and correct spelling. Furthermore, your answer must actually answer the question asked.

[3] To the extent possible, multiple choice questions will be designed to have: (1) only one “absolutely correct” answer or (2) only one “most correct” answer. If a question actually has more than one correct answer, grading adjustments will be made to reflect this situation. Furthermore, if the student shows the correct steps to solve a multiple choice problem but misses the answer, then partial credit may be awarded for correct logic. The decision to award partial credit depends on the value of the question.
 

Blackboard/WebCT as a Course Supplement

Business Finance (section 301) will utilize Blackboard/WebCT as a supplement to the course. The instructor will use Blackboard/WebCT to facilitate the distribution of the syllabus, class meeting schedule, problem assignments, and various special demonstration problems.

All exam grades, final averages, and final letter grades will be posted only on Blackboard/WebCT to insure student privacy.
 


Writing Proficiency Requirement All students seeking a Bachelor's degree from Midwestern State University must satisfy a writing proficiency requirement once they've 1) passed English 1113 and English 1123 and 2) earned 60 hours. You may meet this requirement by passing either the Writing Proficiency Exam or English 2113. Please keep in mind that, once you've earned over 90 hours, you lose the opportunity to take the $25 exam and have no option but to enroll in the three-credit hour course. If you have any questions about the exam, visit the Writing Proficiency Office website at http://academics.mwsu.edu/wpr, or call 397-4131.