Course and Contact Information San José State University School: College of Business Department: Accounting and Finance Course Number: BUS1 170 Title: Fundamentals of Finance Section: 5 Semester: Fall Year: 2016 Instructor: Dr. Tijana Rajkovic Office Location: BT 851 Telephone: (408) 924-3467 Email: Office Hours: Class Days/Time: tijana.rajkovic@sjsu.edu Tuesday and Thursday 10:15am-11:00am and 2:45pm-3:30pm, and by appointment Tuesday and Thursday 9:00am-10:15am Classroom: BBC 003 Prerequisites: GE/SJSU Studies Category: BUS 21 or BUS 122A, ECON 1A, ECON 1B and BUS 90 Finance MYSJSU Messaging Course materials such as syllabus, assignment instructions, grading rubrics etc. can be found on Canvas Leaning Management System course login website at http://sjsu.instructure.com. You are responsible for regularly checking with the messaging system through MySJSU at http://my.sjsu.edu to learn of any updates. Canvas Student Guide: https://guides.instructure.com/m/4212 Course Description The finance function and its relation to other decision-making areas in the firm; the study of theory and techniques in acquisition and allocation of financial resources from an internal management perspective. Course Goals Demonstrate an understanding of the role of finance in a corporation, with emphasis on the theory and tools that are used to help company leaders make sound financial decisions. Learn how to ensure that the company has sufficient capital for operations, growth, and maximization of shareholder wealth. Demonstrate an understanding of how time value of money, risk, and diversification can contribute to good decision-making in business and to their own accumulation of wealth and financial security. Learn how to use finance in many practical applications of everyday life. Fundamentals of Finance, BUS1 170, Fall 2016 Page 1 of 6
Course Learning Outcomes (CLO) Upon successful completion of this course, students will be able to: CLO1 Demonstrate an understanding of financial analysis CBPG #5. Critical Thinking CLO2 Demonstrate an understanding of time value of money - CBPG #5. Critical Thinking CLO3 Demonstrate an understanding of financial valuation - CBPG #5. Critical Thinking CLO4 Demonstrate an understanding of real asset valuation - CBPG #5. Critical Thinking CLO5 Demonstrate an understanding of risk & return - CBPG #5. Critical Thinking Mission and Program Learning Outcomes LCoB Mission Statement We are the institution of opportunity in Silicon Valley, educating future leaders through experiential learning and character development in a global business community and by conducting research that contributes to business theory, practice and education. BSBA Program Learning Goals 1. Business Knowledge Understand basic business principles and demonstrate discipline-specific competencies as applied to local and global environments. 2. Communication Communicate ideas clearly, logically, and persuasively in oral and written format, using technology appropriately. 3. Ethical Awareness Recognize, analyze, and articulate solutions to ethical issues that arise in business. 4. Leadership, Diversity & Teams Comprehend the challenges and opportunities of leading and working in diverse teams and environments. 5. Critical Thinking Comprehend, analyze, and critically evaluate complex unstructured qualitative and quantitative problems, using appropriate tools and technology. 6. Innovation Recognize, analyze, and articulate strategies for promoting creativity and innovation. Required Texts/Readings Textbook Fundamentals of Financial Management, Concise 9th Edition Author: Eugene F. Brigham and Joel F. Houston Publisher: Cengage Learning ISBN-13: 978-1305635937 ISBN-10: 1305635930 Other technology requirements / equipment / material Financial calculator: Texas Instruments BAII Plus is recommended. A financial calculator is required for this course. Please bring your calculator to each class. Library Liaison Christa Bailey Librarian for Accounting & Finance and School of Information christa.bailey@sjsu.edu (408) 808-2422 Fundamentals of Finance, BUS1 170, Fall 2016 Page 2 of 6
Course Requirements and Assignments EXAM: Three midterm exams and a final exam will be offered in class on the dates specified in the course schedule. Only two of the three midterm exams need to be taken. In any case, only two highest midterm exam scores will be evaluated towards a final letter grade. Make-up exams will be allowed only under extreme circumstances. QUIZ: The quizzes will cover the reading, lecture and discussion material usually from the preceding week. Each quiz will consist of multiple choice/essay questions or problems. The essay questions will be answerable in a few words. For analytical problems you need to provide a numerical answer. If missed, these quizzes cannot be made up. Students missing class or arriving after the quiz has been administered will not be allowed to take it. A perfect score on all quizzes will produce a bonus of 10 additional points. TEAM PRESENTATION: Just about every class, a team will present on finance topics and issues that are in the news. Any topic related and relevant to our course is fair game. This presentation should take no more than five minutes. Each team member is expected to present. Feel free to use PPT slides to support your presentation, or use a web link as needed. If you are responsible for this presentation, please come to class on time. You will lose points if there are delays or we lose valuable class time. Teams are required to put a ½ to 1-page summary of their presentation on Canvas discussion board by 5pm on the day before the presentation. The summary should be professional looking, free from grammatical and spelling errors, and written with a single voice. Team members are expected to carry an equal share of the teamwork load. Teams will provide anonymous peer evaluations for each teammate, and team members who fail to make satisfactory contribution to the team will be penalized. Further details on the presentation requirements and grading standards for team presentations will be discussed in class and provided as a separate document in Canvas. BLOOMBERG CERTIFICATION: Students can earn extra credit points by completing Bloomberg certifications. Further details on this assignment will be discussed in class and provided as a separate document in Canvas. Grading Information Grades will be based on the activities and points listed in the following table: Points Percent 2 Midterm Exams (250 points each) 500 50% Final Exam 350 35% Quizzes 100 10% Team Presentation 50 5% Total 1000 100% The final course grade will be based on the following percentage scale: A+ = 97-100 A = 93-96.99 A- = 90-92.99 B+ = 87-89.99 B = 83-86.99 B- = 80-82.99 C+ = 77-79.99 C = 70-76.99 D+ = 67-69.99 D = 63-66.99 D- = 60-62.99 F = below 60 Fundamentals of Finance, BUS1 170, Fall 2016 Page 3 of 6
Classroom Protocol Students are expected to behave in a professional manner. Please be respectful to others. Always arrive on time, read the assigned text material, and be prepared to participate in class discussions. University Policies Per University Policy S16-9, university-wide policy information relevant to all courses, such as academic integrity, accommodations, etc. will be available on Office of Graduate and Undergraduate Programs Syllabus Information web page at http://www.sjsu.edu/gup/syllabusinfo/ College of Business Policies To ensure that every student, current and future, who takes courses in the Boccardo Business Center has the opportunity to experience an environment that is safe, attractive, and otherwise conducive to learning, the College of Business at San José State has established the following policies: Eating: Eating and drinking (except water) are prohibited in the Boccardo Business Center. Students with food will be asked to leave the building. Students who disrupt the course by eating and do not leave the building will be referred to the Judicial Affairs Officer of the University. Cell Phones: Students will turn their cell phones off or put them on vibrate mode while in class. They will not answer their phones in class. Students whose phones disrupt the course and do not stop when requested by the instructor will be referred to the Judicial Affairs Officer of the University. Computer Use: In the classroom, faculty allow students to use computers only for class-related activities. These include activities such as taking notes on the lecture underway, following the lecture on Web-based PowerPoint slides that the instructor has posted, and finding Web sites to which the instructor directs students at the time of the lecture. Students who use their computers for other activities or who abuse the equipment in any way, at a minimum, will be asked to leave the class and will lose participation points for the day, and, at a maximum, will be referred to the Judicial Affairs Officer of the University for disrupting the course. (Such referral can lead to suspension from the University.) Students are urged to report to their instructors computer use that they regard as inappropriate (i.e., used for activities that are not class related). Academic Honesty: Faculty will make every reasonable effort to foster honest academic conduct in their courses. They will secure examinations and their answers so that students cannot have prior access to them and proctor examinations to prevent students from copying or exchanging information. They will be on the alert for plagiarism. Faculty will provide additional information, ideally on the green sheet, about other unacceptable procedures in class work and examinations. Students who are caught cheating will be reported to the Judicial Affairs Officer of the University, as prescribed by Academic Senate Policy S04-12. Fundamentals of Finance, BUS1 170, Fall 2016 Page 4 of 6
BUS1 170 / Fundamentals of Finance, Fall 2016, Course Schedule The schedule is subject to change. The notice of change will be given in class or made available on Canvas. Course Schedule Week Date Topics, Readings, Assignments, Deadlines 1 August 25 An overview of Finance (Chapter 1) 2 August 30 Financial Markets and Institutions (Chapter 2) 2 September 1 Financial Markets and Institutions (Chapter 2) 3 September 6 Financial Statements, Cash Flow, and Taxes (Chapter 3) 3 September 8 Analysis of Financial Statements (Chapter 4) 4 September 13 Analysis of Financial Statements (Chapter 4) 4 September 15 Review for Exam 1 5 September 20 EXAM 1 5 September 22 Time Value of Money (Chapter 5) 6 September 27 Time Value of Money (Chapter 5) 6 September 29 Time Value of Money (Chapter 5) 7 October 4 Time Value of Money (Chapter 5) 7 October 6 Bonds and Their Valuation (Chapter 7) 8 October 11 Bonds and Their Valuation (Chapter 7), Interest rates (Chapter 6) 8 October 13 Review for Exam 2 9 October 18 EXAM 2 9 October 20 Stocks and Their Valuation (Chapter 9) 10 October 25 Stocks and Their Valuation (Chapter 9), Risk and Rates of Return (Chapter 8) 10 October 27 Stocks and Their Valuation (Chapter 9) 11 November 1 Stocks and Their Valuation (Chapter 9) 11 November 3 The Cost of Capital (Chapter 10) 12 November 8 Review for Exam 3 12 November 10 EXAM 3 13 November 15 The Basics of Capital Budgeting (Chapter 11) 13 November 17 The Basics of Capital Budgeting (Chapter 11) 14 November 22 The Basics of Capital Budgeting (Chapter 11) 14 November 24 Thanksgiving Holiday no class 15 November 29 The Basics of Capital Budgeting (Chapter 11) 15 December 1 Distributions to Shareholders: Dividends and Share Repurchases (Chapter 14) Fundamentals of Finance, BUS1 170, Fall 2016 Page 5 of 6
Week Date Topics, Readings, Assignments, Deadlines 16 December 6 Distributions to Shareholders: Dividends and Share Repurchases (Chapter 14) 16 December 8 Review for Final Exam Final Exam Friday, December 16 th, 7:15am-9:30am Fundamentals of Finance, BUS1 170, Fall 2016 Page 6 of 6