Business Finance—BA
334
Winter, 2008
Meeting Time: 6:30—9:30 PM Monday Instructor: Paul Magnall
Place: Business Center 117 Office: Business
Center 108
Office Phone: 352-8428 Home
Phone: 352-2197 (Before 10 PM)
Office Hours: M 2:00—3:00 p.m. e-mail: paul.magnall@wartburg.edu
T 1:00—2:00 p.m.
W 2:00—3:00 p.m.
H 8:30—9:30 a.m.
Prerequisites: Principles of Accounting II (AC 122)
Textbooks and other class
materials:
1.
McGraw-Hill PRIMIS packet of
chapters are available in the bookstore.
2. Several
articles that will either be downloaded from the web or distributed in class.
3. Financial
calculator is required. One like the BAII
(Texas Instruments) that can deal with
variable cash flows is required.
Course Objectives:
Goal 1: Understand the basic financial aspects of
running a business
1.
Be able to
generate a statement of cash flows, free cash flows, financial ratios and cash
budgets
from the basic accounting statements.
2.
Understand how other areas of the
business, such as management strategy and marketing are
related
to the basics of business finance.
3.
Be able
to generate forecasts of accounting statements and determine financing needs of
a
company.
Goal 2: Demonstrate understanding and ability to
apply theory and tools of finance.
1. Be able to articulate understanding of financial management
problems and their solutions in a
dynamic, competitive simulation
environment
2. Be able to use a financial calculator to solve financial
problems.
3.
Understand time value of money
concepts and apply it to the valuation of equity, debt and
projects.
Assignments: It is important that students READ textbook
material before the lectures and attempt all problems before they are discussed
in class.
Attendance: It is the instructor's expectation that
students will attend all class sessions if at all possible and the instructor
will note absences—remember that we only meet 14 times. Examinations cannot be made up without proper
notice prior to the exam period.
Academic Integrity
Statement: By attending Wartburg College,
students are demonstrating their dedication to the Honor Code. The Honor Code reminds student of their
responsibility to promote academic honesty by opposing cheating and plagiarism
and reporting dishonest work.
The official Honor Code, as
approved by faculty and Student Senate, is as follows:
“As a matter of personal
commitment, students faculty and staff of Wartburg College are expected to demonstrate four
simple principles:
1) All
submitted work must be your own.
2) When using
the work or ideas of others, including fellow students, provide full credit
through
accurate
citations.
3) Ask for
clarification if there is uncertainty about citation rules on a particular
assignment.
4) Maintain
academic honesty on examinations and class assignments.”
Students
are expected to be evaluated on their own
work in this course, but the instructor realizes that students may be
working together in the completion of their homework assignments. The fact that students are working together
on the daily assignments does not concern the instructor unless students are
just copying answers to have some response for classroom discussions. The process of just copying the answers from
your classmate will eventually catch up with you when an examination is given
on that material.
Cheating
on an exam or other evaluated assignment will not be tolerated. Anyone suspected of cheating on such
evaluations will discuss the incident and the consequences with the
instructor. It is the responsibility of
all students to report violations of this rule.
The penalty for such conduct could range from a zero on the evaluation
to an immediate removal of the student from the course with a failing grade.
SPECIAL NEEDS:
The Americans with
Disabilities Act of 1990 (ADA)
provides protection from illegal discrimination for qualified individuals with
disabilities. Students requesting
instructional accommodations due to disabilities must arrange for such
accommodations by contacting Pathways Associate for Testing and Advising Carla Coates.
She can be reached at the Pathways
Center, 314 Vogel Library, Wartburg College,
Waverly, IA
50677, 352-8230,
<Carla.coates@wartburg.edu>.
Presenting documentation of a student’s disability early (before the
beginning of classes) is helpful and often necessary to secure needed materials
in a timely way. Accommodations should
be requested PRIOR to affected assignment due dates. For more detailed information, please see http://www.wartburg.edu/pathways/testing/AccomodationProcessStudents.pdf
Evaluation Process for Business
Finance—Winter, 2008
Part 1—EXAMS—70% of the Final Grade
During the winter term there will be three unit
examinations and a comprehensive final exam:
If
for some reason a student cannot attend class on the night that a test is
scheduled, they must notify the instructor prior
to the administration of the exam.
Without such notice, the student will receive a zero for the exam. Any make-up exams will contain different
questions (many multiple choice questions are changed to essay questions) and
problems than the exam given at the scheduled time.
The
procedure for student review of the exams is to have them returned to the
students as soon as possible. Then the
students will take the exams with them and review the exams before the next
class period. Scores for exams are not
recorded in the grade book until students have had a chance to review the
exams. To receive a score for the exam, they must be returned to the
instructor. Also, remember that the exams are intellectual
property of the instructor and unauthorized copying of an exam is a violation
of academic integrity.
Part 2—Summaries of Articles—15% of the
Final Grade
For each assigned article,
students are to write a summary of the article that are
due on the day of the discussion. The
length of the summary should be at least ½ page of single spaced, typed
material. Turn in these assignments via
email BEFORE class time—make sure
you name is on the printout. (mail a copy to yourself to make sure that that email was
delivered.) As a part of the summary,
include (1) a sample multiple choice question on the article and (2) a sample
essay question on the article.
Part 3—Major Project—15% of the Final Grade
Students will be working in
teams on a Major Finance Project. This
project will not start until after the second exam and will have several
requirements that will require students to synthesize major aspects of business
finance.
SCALE FOR FINAL GRADE
