BUS539 Financial MGMT Syllabus - Christie - Su15

California Baptist University
Course Syllabus Summer 15

Course: BUS 539 Financial Management, 3 Units
Course Schedule:
Thursday 6:00pm to 10:00pm; May 7, 14, 21, 28; June 4, 11, 18, 25.
Location: TBA
Instructor:
Professor Stephen Christie, MBA, CMA
Office phone: 951.343.4771; Office location: Business Rm 222
Email: schristie@calbaptist.edu, or schristie4771@gmail.com
Office Hours:
Thursday: 2:00pm to 6:00pm or By Appointment.
Materials Required:
Each student needs to have a four-function calculator in good working order at each
class session. In addition, each student must have a laptop (either MAC or Windowsbased) to perform in-class analysis and have access to Blackboard during class on a
regular basis.
Textbook:
Corporate Finance: A Focused Approach 5th Edition, Ehrhardt and Brigham, 2014,
South-Western-Cengage Learning. Student edition ISBN 13: 978-1-133-94753-0.
Red Company Financial Statement Analysis; Wiegand, Dan, Micro Solve, Inc., 9th
Edition; 2014; ISBN: 978-0-9892495-1-5.
Recommended: CBU School of Business APA Writing Guidelines Manual, to be posted
in Blackboard.
Course Description:
This course focuses on the application and development of management decision
making and problem solving skills in the financial area. Specific topics of discussion
include financial statement analysis, credit and operational risk, financial planning and
budgeting, asset valuation, cash flow analysis and capital budgeting, and firm valuation
from a value-based management and corporate governance perspective.
Prerequisites:
Principles of Accounting I & II. Each student must be computer literate in software
applications. MSWord, Excel and/or PowerPoint are required for course papers and the
group project.
Recommended Reading/ Preparation:
Recommended reading prior to the beginning of this course includes a review of the
undergraduate finance coursework and/or textbook. In addition, it is useful for the
student to brush up on the financial statement presentation formats as presented in an
undergraduate accounting course. As this is a graduate level course, you must be
prepared to do graduate level work and be prepared for every class session.
Financial Management BUS539

Course Syllabus, Continued
Course Goals and Student Learning Outcomes:

Goal 1: Explain theories and concepts of financial management
SLO 1.1
SLO 1.2
SLO 1.3
Describe financial management and the financial environment.

Explain the structure of corporate governance.
Present financial information in accordance with proper accounting
techniques for a business firm.
Goal 2: Calculate and use financial ratios to perform basic financial analysis
SLO 2.1
SLO 2.2
SLO 2.3
Calculate various financial ratios.

Explain the application of financial ratios to the performance of a
business firm.
Assess investment risk for a business firm utilizing ratio analysis.
Goal 3: Develop & present an analysis of financial condition

SLO 3.1
SLO 3.2
SLO 3.3
SLO 3.4
Perform basic analysis of operating results.

Assess and present the financial condition of a firm using financial
results, including the use of financial statements
Explain and evaluate risk and return issues associated with
business operations and investments.
Explain and assess valuation and financing issues and risks
relative to company investments and financing decisions.
Goal 4: Develop and assess capital budgeting requirements

SLO 4.1
SLO 4.2
SLO 4.3
SLO 4.4
Determine the impact of time value of money concepts in a

business environment.
Calculate and assess the cost of capital for a business firm.
Develop and evaluate capital budgeting techniques utilizing
investment assumptions.
Assess cash flow and risk assumptions relative to capital budgeting
and cost of capital assumptions.
Goal 5: Develop & review financial planning and budgeting solutions

SLO 5.1
SLO 5.2
Develop financial forecasts using financial data and assumptions.

Compare and contrast forecast methods and assumptions.
Page 2

Course Requirements:
You will be expected to work assignments in a timely manner in order to stay consistent
with the course requirements. Assignments are covered in the Assignment section (last
page) and are to be completed using the guidelines from the School of Business Writing
Manual posted in Blackboard. All assignments, other than chapter questions, are to be
uploaded to Blackboard on or before the due date, no later than 6:00pm.
First Day of Class On the first day of class you will have completed the reading for
Chapter 1 and Chapter 2. You will also have completed the homework assignment that
is due on the first class night. Your homework for the chapter questions will be printed
and brought to class each session to be used for discussion and participation purposes
as a means to cover the chapter material. The printed homework will then be submitted
after discussion for grading purposes. See separate handout posted in Blackboard
regarding writing requirements for homework assignments.
Specific course requirements are as follows:
Homework Questions and Problems Individual chapter questions and problems
have been assigned and are to be submitted on the due date as per the Assignment
schedule. As mentioned above, the chapter question responses are to be printed,
brought to class, and used for class discussion purposes prior to grading. The chapter
problems will be uploaded to Blackboard on the assigned date, no later than 6:00pm.
(SLO 1.1-5.2)
Chapter questions are assigned to illustrate the students knowledge of the chapter
material. Points are assigned for successful answers and also for the quality of the
writing the questions require the student to put in their own words the answers and not
merely copy from the chapter material as presented. Problems are assigned to
examine the students ability to apply the concepts to a calculation-based situation and
illustrates the students ability to think critically about the topic and concepts.
Worksheet Problems Individual Excel worksheet problems have been assigned and
are to be completed using the Build a Model Excel file which is available online at the
textbook website. These problems are to be uploaded to Blackboard when due per the
assignment schedule, no later than 6:00pm on the due date. (SLO 1.1-5.2)
Analysis Project: At the conclusion of the course the student will have worked within a
two or three-person team to develop a complete analysis of a company and prepare a
written report of that analysis. A separate handout describes the analysis project.
During the course there are specific parts of the analysis that are due and points are to
be earned based on these submissions. Review the assignment schedule for these
dates. (SLO 1.1-5.2)
Final Exam: On the final night of class, there will be a two-hour open book/open
notes final exam given covering the concepts and analysis learned throughout the
course. All material used throughout the course will be available for use during the
exam. The total points available for this final exam will be 100 points.(SLO 1.1-5.2)
Page 3

Red Company Homework & Annual Report Project: A separate workbook format
text has been selected that involves an Excel model to be used to compute and
evaluate various applications of financial analysis, call Red Company. The five chapter
homework problems sets are due on the due date as identified and are worth 10-20
points each. Additionally, there is an Annual Report Project that utilizes one of the four
companies contained in the workbook, with completion worth 100 points. See separate
handout on the nature and requirements of the Annual Report Project. (SLO 1.1-5.2)
Participation: Due to the nature of the case analysis process and the various points of
view held by different individuals there will be class discussion time devoted to the
cases and problems as they are due and submitted. Participation points will be earned
based on these discussions. The total participation points available are 35 points (5
each all sessions of class except the last.) The quality of the participation will be
weighted over the quantity. (SLO 1.1 5.2)
Quality participation is not (for example):
Restating another students point using different words.
Consistently asking yes or no questions that do not further discussion.
Quality participation is (for example):
Any statement or question that initiates further/deeper discussion.
Presenting and developing a new point of view regarding an issue within the
case or project.
Academic Standards:
Homework and Overall Grades:
Please note that the assignments require you to think about, as well as apply, what you
have learned. If the problem asks you to comment or to analyze, you should take that
instruction seriously. Points assigned for each problem include achievement based on
the accuracy of the information / answers as well as the quality of the presentation.
You are expected to submit professional quality assignments that are reflective of a
Masters level student.
Course Etiquette:
1.
There is no substitute for being prepared and completing assigned work in a
consistent and timely manner.
2.
There are no short cuts in this course. If you do the work assigned, your
knowledge and grade will reflect that. If you elect to take those imagined
short cuts, your knowledge and grade may suffer.
3.
LATE WORK: Late work will not be accepted except under extreme
circumstances, and unless approved by the professor prior to the
assignment date, and provided that the request is reasonable and has merit.
Note: If the assignment is to be submitted via Blackboard, the opportunity to
submit the assignment will end at the stated time and you will not be able to
earn credit for that particular assignment.
Page 4

4.
GRADING STANDARDS: Each student will be evaluated on the work

assigned for the course. Each student is expected to perform in a manner
consistent with college, graduate level requirements.
Page 5

5.
CELL PHONES & PAGERS: Ensure all cell phones and pagers are off or are
in silent or vibrate mode during each class session. Noises from these
devises are VERY distracting to the class. DO NOT answer phones in class.
Academic Honesty:
It should be understood by the student that each homework assignment and section test
is to be completed by the student individually. All work must be the original work of
each student. Of particular note: Excel, Word, Powerpoint, Access and other computer
files are not to be passed around and used by other students. Failure to protect
computer work may result in the originating student receiving a 0 score for the
assignment and/or may lead to a failing grade in the course.
The University has specific policies regarding academic honesty and copied work that
must be taken seriously. See the University policy on academic honesty.
Student Responsibility:
Each student is responsible for individual learning. As such, each student must:
1. Read all material assigned and complete course requirements as indicated.
2. Ask appropriate questions during interaction sessions to further you
understanding and seek further assistance if there are still questions.
3. Think! Having a graduate degree isnt about knowing how to regurgitate
information that someone told you. Having a graduate degree means that you
know how to think and problem solve on your own.
Students are required to check their CBU email account and Blackboard each week.
This is the most efficient way the instructor has to communicate with individuals outside
of class time. In addition, any changes in homework assignments or changes to the
syllabus will be posted on Blackboard.
1.
2.
3.
4.
5.
8.
General Notes:
Communication: Communication is the key to success. Maintain constant
communication with the professor if you have issues or situations that could
have an effect on your grade.
Email: All students have a calbaptist.edu email account. Each student is
required to check this account on a regular basis as it may be the only way for
the professor to communicate with individuals in a timely manner outside of
the classroom. Students are to use professional, formal business etiquette
when communicating with the professor.
IMPORTANT NOTE: E-mails can be legal documents. It is imperative that
you review your message before sending it.
Blackboard: Each student is required to check BlackBoard on a regular basis
to obtain the following (not inclusive): Announcements, homework solutions,
syllabus revisions, etc.
Syllabus Revisions: Revisions will be made at the discretion of the professor.
They will be announced in class and/or posted to BlackBoard.
Disabilities: If a student has a disability and wants to receive special
consideration, the disability must be properly documented with Student
Page 6

Services. A letter from Student Services must be provided to the professor by

the end of the second calendar week of class outlining the disability.
Keep all assignments, homework, exams, etc. In the event of a grading error
the student will need the original graded document to present to the professor
for a grading correction.
Note: The course requirements and assignments may change at any time as
determined necessary by the professor.
9.
10.
Course Evaluation/Grading:
Chapter Questions / Problems
Excel Worksheet Problems
Red Company Homework Problems
Red Company Annual Report Project
Participation
Final Exam
Project Check Points
Final Project Written Analysis
Total Approximate Points
435
110
70
100
35
100
50
100
1,000
points
points
points
points
points
points
points
points
points
Note: The above schedule presents the approximate number of total points the actual
total points are based on all assignments that encompass the whole course. All grades
are based on a percentage of the total to be earned.
Grade Earned will be determined by the percentage of total points earned!
Percentages will not be rounded up. If a student earns 89.7% in the course, the
student will receive a grade of B+.
Be careful when looking at your percent on BlackBoard as it may round up to the
nearest whole percent. BlackBoard is not the official grade!
Grading Scale:
A
AB+
B
93.0%
90.0%
87.0%
83.0%
to
100.0%
92.9%
89.9%
86.9%
BC+
C
C-
80.0%
77.0%
73.0%
70.0%
to
to
to
to
82.9%
79.9%
76.9%
72.9%
D+
D
DF
67.0%
63.0%
60.0%
0.0%
to
to
to
to
69.9%
66.9%
62.9%
59.9%
Page 7

ASSIGNMENTS
Date
05/07/15
05/14/15
Class Discussion / Assignments

Course Introduction
Discuss course content and process
Read Chapter 1
Overview of Financial Management & Financial Environment
Homework Due Chapter 1
Chapter questions - 1-2, 1-3, 1-4
Pts
SLO Coverage
13
SLO 1.1, 1.3
Read Chapter 2
Financial Statements, Cash Flow, and Taxes
Chapter 2 questions - 2-4, 2-5, 2-6, 2-7
13
SLO 1.1, 1.3

Balance sheet, income statement, cash flow worksheet
Chapter 2 problems - 2-1, 2-3, 2-11, 2-12
Chapter 2 worksheet - 2-14
20
14
15
SLO 1.1, 1.3

SLO 1.1, 1.3
SLO 1.1, 1.3
Read Chapter 3
Analysis of Financial Statements
Chapter 3 questions - 3-2, 3-3
15
SLO 2.1, 2.2, 2.3
Read Chapter 4
Time Value of Money
SLO 4.1
Read Chapter 1 Red Company

Introduction to Red Company
Page 8

Date
05/21/15

Chapter 3 problems - 3-1, 3-3, 3-5, 3-11, 3-13
Pts
SLO Coverage
31
SLO 2.1, 2.2, 2.3

Chapter 4 problems - 4-1, 4-2, 4-7, 4-14, 4-16, 4-20
31
SLO 4.1
Homework Due Chapter 1 Red Company

Chapter 1 problems
10
SLO 2.1
Read Chapter 5
Bond, Bond Valuation, & Interest Rates
Chapter 5 questions - 5-3, 5-4, 5-5
13
SLO 4.2
Read Chapter 6
Risk & Return
11
SLO 4.2
Company Project Homework Due:

Review/discuss Project Company Data
20
SLO 1.3, 2.1

Chapter 5 problems - 5-1, 5-2, 5-3, 5-7, 5-10
18
15
SLO 4.2
SLO 4.2

34
SLO 4.2

Vertical & Horizontal Analysis
05/28/15
Page 9

Date
05/28/15
(continued)

Chapter 2 problems
Pts
SLO Coverage
10
SLO 3.1, 3.2
Read Chapter 7
Valuation of Stocks & Corporations
10
SLO 3.4
Read Chapter 8
Financial Options
12
SLO 3.4

25
15
SLO 3.4
SLO 3.4

Chapter 3 problems
10
SLO 3.1 3.4
Read Chapter 9
Cost of Capital
16
SLO 4.1, 4.2
Read Chapter 10
Capital Budgeting
11
SLO 4.1, 4.2, 4.3, 4.4

Du Pont Analysis
06/04/15
Page 10

Date
06/04/15
(continued)
06/11/15

Drilling-down into DuPont Analysis
Pts
SLO Coverage
Project Homework Due:

Submit / discuss project company analysis of condition
30
SLO 1.3, 3.1, 3.2, 3.3

15
15
SLO 4.1, 4.2

SLO 4.1, 4.2

Chapter 10 problems - 10-1 to 10-6, 10-8, 10-9, 10-12
34
SLO 4.1, 4.2, 4.3, 4.4

Chapter 4 problems
20
SLO 3.1 3.4
Read Chapter 11
Cash Flow & Risk
Chapter 11 questions - 11-2, 11-4, 11-5, 11-8
13
SLO 4.1, 4.4

Chapter 11 problems - 11-1, 11-6, 11-10
30
SLO 4.1, 4.4

Chapter 5 problems
20
SLO 3.1 3.4

Liquidity, Cash Flow, & Equity Indicators
06/18/15
Page 11

Date
06/18/15
(continued)
06/25/15

Read Chapter 12
Corporate Valuation & Financial Planning
Pts
SLO Coverage
16
SLO 5.1, 5.2
Read Chapter 16
Supply Chains & Working Capital Management
15
SLO 3.1, 3.2

Chapter 12 problems - 12-1, 12-2, 12-5
10
15
SLO 5.1, 5.2

SLO 5.1, 5.2

Chapter 16 problems - 16-5, 16-6, 16-11, 16-14
26
15
SLO 3.1, 3.2

SLO 3.1, 3.2
Homework Due Red Company

Annual Report Project
100
SLO 1.1 - 5.2
Submission of written company analysis
100
SLO 1.1 - 5.2
In-class Final Exam
100
SLO 1.1 - 5.2
Page 12

BUS539 Financial MGMT Syllabus - Christie - Su15

Uploaded by

Document Information

Original Description:

Original Title

Copyright

Available Formats

Share this document

Share or Embed Document

Sharing Options

Did you find this document useful?

Is this content inappropriate?

Copyright:

Available Formats

BUS539 Financial MGMT Syllabus - Christie - Su15

Uploaded by

Copyright:

Available Formats

California Baptist University

Course Syllabus Summer 15

Financial Management BUS539

Course Goals and Student Learning Outcomes:

Describe financial management and the financial environment.

Calculate various financial ratios.

Goal 3: Develop & present an analysis of financial condition

Perform basic analysis of operating results.

Goal 4: Develop and assess capital budgeting requirements

Determine the impact of time value of money concepts in a

Goal 5: Develop & review financial planning and budgeting solutions

Develop financial forecasts using financial data and assumptions.

Financial Management BUS539

Financial Management BUS539

Financial Management BUS539

GRADING STANDARDS: Each student will be evaluated on the work

Financial Management BUS539

Financial Management BUS539

Services. A letter from Student Services must be provided to the professor by

Financial Management BUS539

Class Discussion / Assignments

SLO 1.1, 1.3

SLO 1.1, 1.3

Homework Due Chapter 2

SLO 1.1, 1.3

SLO 2.1, 2.2, 2.3

Read Chapter 1 Red Company

Financial Management BUS539

Class Discussion / Assignments

SLO 2.1, 2.2, 2.3

Homework Due Chapter 4

Homework Due Chapter 1 Red Company

Company Project Homework Due:

SLO 1.3, 2.1

Homework Due Chapter 5

Homework Due Chapter 6

Read Chapter 2 Red Company

Financial Management BUS539

Class Discussion / Assignments

SLO 3.1, 3.2

Homework Due Chapter 7

Homework Due Chapter 3 Red Company

SLO 3.1 3.4

SLO 4.1, 4.2

SLO 4.1, 4.2, 4.3, 4.4

Read Chapter 3 Red Company

Financial Management BUS539

Class Discussion / Assignments

Project Homework Due:

SLO 1.3, 3.1, 3.2, 3.3

Homework Due Chapter 9

SLO 4.1, 4.2

Homework Due Chapter 10

SLO 4.1, 4.2, 4.3, 4.4

Homework Due Chapter 4 Red Company

SLO 3.1 3.4

SLO 4.1, 4.4

Homework Due Chapter 11

SLO 4.1, 4.4

Homework Due Chapter 5 Red Company

SLO 3.1 3.4

Read Chapter 5 Red Company