MOUNT ST. MARY S UNIVERSITY MBA PROGRAM SYLLABUS. MBA Foundation Course. BUS 203: Essentials of Finance

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1 BUS MOUNT ST. MARY S UNIVERSITY MBA PROGRAM SYLLABUS MBA Foundation Course BUS 203: Essentials of Finance Fall Semester, 2015 Class meeting dates and times: Saturday October 31, :00 AM 12:00 PM Sunday November 1, :00-5:00 PM Saturday November 14, :00 A.M.- 5:00 PM Saturday December 5, :00 AM - 5:00 PM Faculty: Professor Jeffrey Cheung jcheung@msmu.edu

2 BUS SYLLABUS INTRODUCTION The course syllabus is one aspect of good pedagogy: It sets out information about the course as well as course expectations. From the faculty member s standpoint, it provides an easy- to- use form setting out the components and requirements so there is clear communication with the students. From the students point of view, the syllabus gives an overview of the coverage as well as the requirements, so they have a good sense of what the course entails from the beginning of the semester. Any surprises should be in the satisfaction of learning and the joys of being in an educational environment that values all the participants students and faculty. At Mount St. Mary s College, we are guided by the Mount Mission to further the development of the whole person. The syllabus helps make that evident. The syllabus has two major functions: 1. THE SYLLABUS IS A STATEMENT OF COURSE EXPECTATIONS The syllabus sets out the course requirements, the grading scale, and the methods of assessment. It is intended to provide the students with sufficient information about the course expectations, along with due dates, and a class schedule. After the add/drop period, instructors should not redistribute points unless it is to the advantage of the student (e.g., reducing the homework/reading, removing a specific requirement, such as a quiz). The syllabus should be consistent with the catalog description. 2. THE SYLLABUS IS A PERMANENT RECORD The syllabus is a permanent record for the student, instructor, the department, and the institution. As such, it is both a professional and personal document. The syllabus provides a record of course content, grading methods, and information vital for equivalency transfers, as well as for the evaluation of a course or instructor. Subsequently, both faculty and students should retain course syllabi for future reference. Module Title: Module Prefix and Number Course Description: Statement of Module Objectives and Learning Outcomes Module and MBA Program Learning Outcomes Essentials of Finance BUS 203 This course integrates the principles and analytical techniques used in financial management to prepare the students to assess and manage the financial health of the organization. Students will be exposed to accounting and financial information used in making effective business decisions. Topics include introduction of finance and financial management, different forms of business entities, interest rate structure, financial statement analysis, time value of money, risk and return, and capital structures. The effect of activities in the functional areas of business on the financial viability of the organization is emphasized. Upon completion of this course, the student will be able to: - Understand the basic theory and practice of financial management for the progressive corporation in an increasingly competitive world. - Conduct financial statement analysis, ratio analysis and cash flow analysis. - Understand the fundamentals of the mathematics of finance, and the concept and calculation of time value of money. - Understand the concept of capital structure, and how the stock and bond market work. Upon completion of this module, students should also be able to demonstrate competency in all module objectives which, in turn, support achievement of one or more of the following MBA Learning Outcomes:

3 BUS Required Textbooks and Materials Faculty Availability Assignment Submissions: Critical thinking Global business acumen Ethics Communication skills Entrepreneurship and innovation Strategic planning Teamwork Required texts are available online at Amazon.com and other online book sites. Financial Management: Principles & Practices 6th Edition. By Timothy J. Gallagher, Freeload Press ISBN Website: PLEASE NOTE: THIS REQUIRED TEXT WILL BE USED FOR BUS 203, BUS 215 and BUS 228. By and phone message To receive credit for your assignments, deposit a copy of each assignment in the Angel Drop Box for this course and ALSO submit (turn in) a paper copy in the class in which the assignment is due. CLASS SCHEDULE AND ASSIGNMENTS Prior to the first class meeting please READ and STUDY chapters 1 & 2 of the text. SATURDAY October 31 8:00 a.m. 12:00 p.m. - - Introduction/Overview of Course Chapter 1 Finance and the Firm SUNDAY November 1 1:00-5:00 PM - Chapter 2 Financial Markets and Interest Rates SATURDAY November 14 8:00 a.m. 5:00 p.m. Prior to the class please READ and STUDY chapter 3 & 4 of the text. - Quiz on Chapter 1 & 2 - Chapter 3 Financial Institutions - Chapter 4 Review of Accounting SATURDAY December 5 8:00 a.m. - 5:00 p.m. Prior to the class please READ and STUDY chapter 5 & 8 Homework assignment due at beginning of the class. - Quiz on Chapter 3 & 4 - Chapter 8 Time Value of Money - Chapter 5 Financial Ratio Analysis

4 BUS Final Exam Course Grading Homework Assignment Attendance and Participation in Class Discussion Quiz Final Exam Total: 15% 15% 30% 40% 100% Student Credit Hour Policy A credit hour is an amount of work represented in intended learning outcomes and verified by evidence of student achievement that reasonably approximates not less than: (1) One hour of classroom or direct faculty instruction and a minimum of two hours of out-of-class student work each week for approximately fifteen weeks for one semester, or the equivalent amount of work over a different amount of time; or (2) At least an equivalent amount of work as required in paragraph (1) for other academic activities, including laboratory work, internships, practice, studio work, and other academic work leading to the award of credit hours. PLEASE NOTE: Wikipedia is NOT an acceptable reference for work due in this module. As a graduate student, you need to use scholarly resources/references. You may locate scholarly articles through EBSCO Host or GOOGLE Scholar which can be accessed at the MSMC library. WRITTEN WORK: Writing Requirements: All assignments must be typed and spell/grammar checked. Note: while this is not a writing class, it is a graduate level course and, as such, failure to proofread submissions for spelling and grammar will result in a significantly lower grade being assigned. Also, grades will be significantly reduced for papers that either are less than or exceed the stated guidelines for length. Papers are also to be well written with a logical flow of thought. Submit your papers double- spaced with 1" margins. Include a title page that identifies the assignment, the day it is due, the module name and number and your name. Papers should be in 12- pitch font. Indent paragraphs five spaces to indicate a new paragraph. Please include a title page on all papers. Please staple your papers together in the upper left hand corner. Observations and conclusions incorporated in written assignments should be supported by facts and analysis, not just thoughts and feelings. The papers should be tied into the related reading materials. Please contact the Graduate Writing Tutor at the Learning Center for additional information about writing skills. Note: In this class, you will be marked down for incorrect grammar and/or spelling. Plagiarism (discussed later in this syllabus) will result in a number of consequences including a grade of F for your paper. GRADING SCALE - Criteria and Guidelines: All assignments must be completed within the required time frame in order to pass this module. Please see Mount St. Mary s Catalog and the Graduate Student Handbook for additional information regarding grading, required GPA, academic probation and other policies.

5 BUS Grading Scale A A B B B C C C D BELOW 60 F Participation and Punctuality Grading Criteria. You must be in class to earn any participation points for a class meeting. You have the opportunity to earn up to 15 points (15% of your grade) through your active participation. In consideration of your fellow students, it is expected that you will arrive on time, return from break(s) on time and stay in class until it ends. Participation is graded on individual contribution to class discussions and participation in your study team(s). The development of communication skills, both oral and written, is given a high priority in this module. The classroom should be considered a laboratory where you can test your ability to interact and interface effectively with your professors and your peers. Please avoid the following: Example of things that cause one not to earn the full amount of participation points: Surfing the Internet in class Not reading assigned material Being disruptive and/or not participating in class activities Not listening actively or being uncivil/rude to others in the class Arriving late, leaving early Cell phone/pagers going off during class Text- messaging during class Eating a complete meal in class instead of listening and participating USE OF LAPTOP COMPUTERS ipads and other electronic devices IN THE CLASSROOM: I understand that some students use their laptop computers or other digital devices to take notes during class. In this class we may have class activities where you need to access the Internet and on- line research sites. HOWEVER, there are times when I will ask you to refrain from using your laptop or other electronic device. For example, during class discussions and when others are presenting, your laptop should be CLOSED. These are times for interactions. If

6 BUS you want to take notes during this time, please do so the old fashioned way. You can convert your notes to electronic format later. Thank you. ADDITIONAL POLICIES: Respect and Civility: Active participation in class requires a safe and trusting environment. It is important for us to respect the views and comments made by others, even if we disagree with such comments. I encourage debate and critical discussion, yet it must be respectful, polite, and professional. Confidentiality: Confidentiality is required in order to foster a safe environment for active discussion of business related topics. Student discussions may involve experiences from their jobs or personal experiences. Therefore all discussions of business or personal experiences are expected to be treated respectfully and confidentially. Students should not share proprietary information without permission from their employer. Academic Integrity/Plagiarism: All student- submitted materials are expected to be the product of the student s own thought process. Information from other sources may be used; however credit must be given, by using in- text citations or footnotes. A reference list should be attached to the paper to further identify the sources utilized. Please refer to the Mount St. Mary s Catalog section on Academic Integrity for a complete discussion of cheating, failing to hand in original work, plagiarism, falsification or misrepresentation, and theft (pp. 4-47). If the work of someone else (whether it is quoted or paraphrased) is not properly cited (or footnoted) in the assignment and if there is not a reference list giving the details of the work, THAT IS PLAGIARISM. If work is plagiarized in this course, the student will be subject to the consequences outlined in the Catalog which states, The penalty for an act of dishonesty could range from a grade of F on an examination or assignment, a reduced or failing grade for the course in question, probation, suspension or expulsion from the College. Repeated acts of academic dishonesty will be treated more gravely (p.47). Other Requirements: The requirements and conditions established by Mount Saint Mary s College, as enumerated in the Graduate Student Handbooks, Catalog, and Department of Business Administration policies, are incorporated in this syllabus, in their entirety, by this reference. Americans with Disabilities Act: MSMC, in compliance with state and federal laws and regulations, does not discriminate on the basis of disability. If you are student with a documented disability, please contact Mark Forte at The Learning Center (mforte@msmc.la.edu) to make arrangements for classroom accommodations. Additional disability related information and policies can be found in the Graduate Student Handbook and in the College Catalog. COURSE CHANGES: The Instructor reserves the right to change assignments, as needed, to achieve the learning objectives of the course. Students will be informed, in writing, of these changes. No changes will require additional work on the part of the student(s).