B 301 Financial Management
Outcomes
- Students will analyze financial statements and identify a company's strengths and weaknesses.
- Students will recommend solutions to real-world corporate financial problems.
- Students will demonstrate proficiency in the basic mathematics of finance: time value of money, valuation, cost of capital, capital budgeting techniques, risk / return, and cash management.
- Students will build functional spreadsheet models which incorporate the basic mathematics of finance.
- Students will solve problems as part of a group, demonstrating well-developed communication, project management, and personal interaction skills.
Description
This introductory course in financial management provides a basic foundation for other courses in finance and business management. Topics covered in this course include financial statement analysis, financial forecasting, leverage, working capital management, capital structure, capital budgeting, short and long- term financial management, sources of financing, time value of money, and cost of capital.
Assignments
Assignments will be due at the End-of-Week. This is to encourage students who maybe working to start on assignments over the weekend prior to the End-of-Week it is due. This will allow for plenty of time to comment in discussion boards, ask assignment-specific questions that may come up, and submit assignments on time. All materials, assignments, quizzes, and exams are already made available. This will allow you to work as far ahead as you would like in order to manage your studies throughout the semester and allow plenty of time to work on any given assignment. However, they will not be available for submission after the due date has passed, as late work is NOT accepted.
NOTE: For all Wikipedia reading assignments, please read the entire page; you must scroll down past the Contents box to finish the reading.
Collaboration
Students are encouraged to help each other understand the reading material and practice homework problems. Answers and solutions to practice homework problems are provided with each assignment. After seeking help by collaborating with each other and reviewing the solutions, if students still have specific questions the instructor may also assist you.
Learning Model Architecture
http://www.byui.edu/learningmodel/
Technical Difficulties
Prerequisites
Successful completion of Pre-business core (B 275, CIT 140, Econ 111, Econ 112, Acct 201, Acct 202, and Math 221) or Business Fundamentals I and Business Fundamentals II or instructor approval.
Required Materials
All of the course materials are available within the I-Learn course. The textbook for this course is Corporate Financial Stewardship, 1st Ed. by Chris S. Andrews. You can access it at this link: Corporate Financial Stewardship.
Grading Policies
| Unit - Assignment | Due Dates | Points |
|---|---|---|
| Lesson 1 - Course Introduction | - | |
| Intros - Instructor | 5 | |
| Intro's - Class | 5 | |
| Total: | 10 | |
| Lesson 2 - Introduction to Finance | - | |
| Discussion Board: What is Finance? | 1 | |
| Discussion Board: Defining Risk versus Return | 1 | |
| Assignment - Maximizing Shareholder Value | 2 | |
| Assignment - Careers | 1 | |
| Total: | 5 | |
| Lesson 3 - Review of Accounting Basics | - | |
| Discussion Board: Financial Statements | 1 | |
| Assignment - Income Statement | 3 | |
| Assignment - Balance Sheets | 3 | |
| Assignment - Cash Flow Statements | 3 | |
| Assignment - Excel Model - Financial Statements | 3 | |
| Quiz - Basic Financial Statements | 7 | |
| Total: | 20 | |
| Lesson 4 - Analysis of Financial Statements | - | |
| Assignment - Analysis of Financial Statements | 1 | |
| Assignment - Financial Key Ratios | 3 | |
| Assignment - Excel Model - Key Ratios | 5 | |
| Group Case: Ratio Analysis | 7 | |
| Total: | 20 | |
| Lesson 5 - Time Value of Money (Basics) | - | |
| Discussion Board: How much is a dollar worth? | 1 | |
| Assignment - FV Single Amount | 2 | |
| Assignment - PV Single Amount | 2 | |
| Assignment - Rate Nper | 2 | |
| Assignment - Excel Model - FV, PV, Nper, Rate | 3 | |
| Quiz - FV PV Nper Rate | 7 | |
| Group Case: Time Value Timeline | 3 | |
| Total: | 20 | |
| Lesson 6 - Time Value of Money (Annuities) | - | |
| Discussion Board: Annuities | 1 | |
| Assignment - FV Annuity | 2 | |
| Assignment - PV Annuity | 2 | |
| Quiz - FV PV of Annuity | 7 | |
| Assignment - Excel Model - FV Annuity | 3 | |
| Group Case: Time Value of Money | 5 | |
| Total: | 20 | |
| Lesson 7 - Time Value of Money (Advanced) | - | |
| Assignment - Excel Model - Time Value of Money | 5 | |
| Assignment - Retirement | 3 | |
| Assignment - Multi-part Retirement | 4 | |
| Assignment - Loans and Amortization | 4 | |
| Group Case - Advanced Time Value of Money | 4 | |
| Quiz - Time Value of Money Loan/Retire | 10 | |
| Total: | 30 | |
| Midterm Exam (Lessons 2-7) | 100 | |
| Lesson 8 - Combining Financial and Gospel Principles to Achieve Temporal and Spiritual Success | - | |
| Quiz - Reading on Gospel Principles and Temporal Success | 5 | |
| Discussion Board: Spiritual vs.Temporal | 2 | |
| Assignment - Needs vs. Wants | 5 | |
| Assignment - Debt Plan | 5 | |
| Assignment - Reflection Paper | 3 | |
| Total: | 20 | |
| Lesson 9 - Capital Budgeting (Basics) | - | |
| Discussion Board: Capital Budgeting Decision | 1 | |
| Assignment - Payback | 2 | |
| Assignment - Net Present Value | 2 | |
| Assignment - Internal Rate of Return | 2 | |
| Assignment - Excel Model - Capital Budgeting (Basics) | 5 | |
| Quiz - Capital Budgeting Basics | 8 | |
| Total: | 20 | |
| Lesson 10 - Capital Budgeting (Cash Flows) | - | |
| Discussion Board: Capital Budgeting Cash Flows | 5 | |
| Assignment - Excel Model - Cash Flows | 10 | |
| Group Case - Capital Budgeting | 5 | |
| Total: | 20 | |
| Lesson 11 - Valuation | - | |
| Discussion Board: Valuation | 2 | |
| Assignment - Preferred Stock Valuation | 1 | |
| Assignment - Common Stock Valuation | 2 | |
| Assignment - Bond Valuation | 4 | |
| Assignment - Excel Model - Valuation | 5 | |
| Quiz - Bond Valuation | 6 | |
| Total: | 20 | |
| Lesson 12 - Cost of Capital | - | |
| Discussion Board: Cost of Capital | 2 | |
| Assignment - Cost of Preferred Stock | 1 | |
| Assignment - Cost of Common Stock | 2 | |
| Assignment--Costof Bonds | 2 | |
| Assignment--WACC | 2 | |
| Assignment - Excel Model - Cost of Capital | 5 | |
| Quiz--Costof Capital | 6 | |
| Total: | - | 20 |
| Lesson 13 - Efficient Markets | ||
| Discussion Board: Efficient Markets | 2 | |
| DiscussionBoard: Insider Trading | 3 | |
| Assignment - Efficient Markets | 10 | |
| Total: | 15 | |
| Final Exam | 120 | |
| Online Course Evaluation | - | 5 |
| TOTAL | - | 461 |
The instructor reserves the right to change any part of this syllabus at any time during the semester in order to adapt to changing course needs. You will be notified prior to any changes that may take place.