General Learning Goals:
• Problem solving and decision making abilities through the critical analysis, evaluation, and
interpretation of business information: Students will demonstrate problem solving and decisionmaking
ability as they synthesize information from different angles to analyze topics such as firms’
financial conditions and interest rate pattern, and make decisions on circumstances such as capital
budgeting. Scores on assignments and exams are based on the appropriateness of student’s numerical
• Utilization of available technology for common business applications: Students will finish
several sets of homework that require them to conduct analysis and computation using software such
as MS Excel. Grades in these assignments are partially based on the effectiveness of student’s use of
• Team building and collaboration to achieve group objectives: Students will work in teams as
they gather information, conduct financial analysis, and solve spread sheet problems. Grades in
assignments are partially based on student’s ability to work in a team.
• Developing a competency in speaking and writing for common business scenarios.
Each student will make a presentation in class about current business events/news.
Students will be graded on the quality of their oral speaking skills and the effectiveness of
Course Specific Learning Goals:
This course focuses on the practical and conceptual problems associated with the financial
management of the non-financial corporations. Topics covered include financial planning and
forecasting, risk and return including the capital asset pricing model (CAPM), valuation of debt
and equity, cost of capital, capital budgeting and project evaluation techniques, etc. For each
topic, consideration is given as to how each relates to shareholder value maximization. For
purpose of enhancing corporate decision-making skills, students will be exposed to both the
theoretical underpinnings of each concept as well as their applications to realistic situations
facing the firm.
a. Exams: There will be three exams. Each of the three exams is weighted 20% into your overall
grade. Format and content of an exam will be announced in class prior to the exam.
There will be no make-up for the exams. It is the student’s responsibility to know when and
where exams will be held. If you have an unavoidable conflict you must discuss this with me at
least one week before the exam. If an emergency arises notify me immediately; if you cannot
reach me directly leave a message. An unexcused absence from an exam will be recorded as
b. Spreadsheet Assignment (Group Homework): You will form teams to complete two sets of
spreadsheet problems from assigned chapters. These problems will give you essential hands-on
experience applying many of the concepts in the chapters. Each assignment will be weighted 10%
into your overall grade.
Assignments and deadlines will be posted on WEBCT. You must submit your work via WEBCT
Assignment Drop Box. You have to pick your team members and inform me about your team
choice at the second class. Each group must have no more than 4 members and no less than 3
members. Each group only needs to submit one copy of the assignment.
*** I will only accept submission by an eligible group, before the deadline, and via WEBCT.
Any violation of above requirement will result in a grade of zero.
c. Presentation: Starting from the second week, selected student(s) will each perform a 10-minute
presentation that features on financial/economic news that occurs recently. The presentation can
be based on student’s reading from articles on major sources such as Bloomberg BusinessWeek
and/or Wall Street Journal. The presenting student(s) is responsible of summarizing the news,
offering background information, and analyzing/commenting on the news. The student is also
expected to answer audience’s questions during the presentation. Details about the requirements
and grading standard for the presentation will be posted on WEBCT.
d. Participation: Student participation is very important for this course. Therefore participation
credits are assigned to encourage students to attend classes and engage in class discussion.
Participation grade depends on the following factors:
• Performance on raising and answering questions in class
• Performance on raising and answering questions on WEBCT discussion board
• Performance on in-class exercises
• Performance on team work
Students with outstandingly good participation can earn up to 10 points of participation grades,
while students that seldom participate or are disruptive to class may get zero participation grade.
There is no guarantee that a student attending every class will automatically receive the full credit
of class participation. Also, refer to “Attendance and Classroom Policy” section to see how your
conduct may affect your participation grade.
e. Grading Schedules: In general, the following grading schedules will apply:
100 - 90% = A (superior) Exam 1 = 20%
89 - 80% = B (above average) Exam 2 = 20%
79 - 70% = C (average) Exam 3 = 20%
69 - 60% = D (below average) Assignments = 20% (10% * 2)
≤ 59% = F (failing) Presentation = 10%
Participation = 10%
• Arrive on time for each class meeting. Arriving late to class is disruptive to your fellow students.
While arriving late for class is occasionally unavoidable, arriving late for excessive times may
result in the student being administratively dropped from class.
• Avoid excessive absences. Experience indicates that attending class regularly improves student
performance. A student with excessive absences may be dropped from the class by the professor.
(MSU Undergraduate Catalog 2010-2012, Vol. LXXVIII, No. 1, p. 78). It is your
responsibility to sign the attendance form for each class meeting. Failure to do so will be
considered as being absent.
• Prepare for each class. Read the assigned material, answer end-of-chapter questions and
problems, and come to class prepared to ask questions over issues you do not understand, answer
questions from the professor, and participate in class discussions when appropriate.
• Silence your cellphone/pager. Either turn it off, or switch it to silent mode. Phone rings or beeper
beeps disrupt the whole class and will NOT be tolerated.
• No private talking with your fellow students in class. If you want to speak, speak loudly so that
the whole class can hear you.
• No food or beverage is allowed in the classroom. This is a college policy.
Violating above rules will either cause you being dropped from this class or cause your final letter
grade to be lowered according to the severity of the violation.
With regard to academic honesty, students are referred to the “Student Honor Creed” on P.19 of
Midwestern State University Undergraduate Catalog, 2010-2012, Vol. LXXVIII, No. 1.
“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.”
Academic dishonesty (cheating, collusion, and plagiarism) is taken seriously and will be investigated. The
minimum penalty is an "F" in this course and referral to the Dean of Students for disciplinary action,
which may result in expulsion from the University. For information regarding Midwestern State
University’s policies about academic dishonesty, refer to the current handbook which can be obtained in
the Dean of Student’s Office (http://student.mwsu.edu/dean).
Americans with Disabilities Act
If a student has an established disability as defined in the Americans with Disabilities Act and would
like to request accommodation, that student should see me as soon as possible (preferably within the first
two weeks of the semester). This class follows the guidelines suggested by the Center for Counseling and
Disabilities Services for students who qualify for disability services. See Page 21 of Midwestern State
University Undergraduate Catalog, 2010-2012, Vol. LXXVIII, No. 1 for details.
Syllabus Change Policy
This syllabus and the following class schedule serve as reference for the course, and they are subject to
change. Syllabus changes will be communicated in class or via WEBCT.