UNCW
Department
of Economics & Finance
FIN
335 –6&7: Principles of Financial Management
Course
Syllabus, Fall 2009
Professor Dr. William S.
Compton Email:
comptonw@uncw.edu
220-A
Cameron Hall Office
phone: (910) 962-3468
Office Hours MWF 11-1:00pm; TTH 12:30 - 2:00pm; and by appointment.
Class Meetings Section Hours Days Location
006 9:30
- 10:45pm T,Th CH 212
007 11:00
- 12:15pm T,Th
CH 212
Required:
Text Fundamentals
of Financial Management Concise 6th ed, Brigham & Houston, Southwestern/Cengage Learning, 2008.
Course Notes FIN
335 Principles of Financial Management Lecture Notes and Supplements
(Available at Todd
Printing,
is
about $10.00. Lecture
Notes are also available on the web (but supplements are not).
Calculator A financial calculator, and the
ability to use it, is required for this course.
The
BA II+ or HP 10-B, are recommended and should be brought to class every
day.
Time Value
of Money exercises, including a list explaining BAII+ keys, are available
online.
Prerequisite ACG 201, ECN 222, and QMM 280
Description: An introduction into fundamental issues
of corporate finance.
Topics include: Basic
forms of business organizations; types of financial securities, financial
markets; financial statements and financial ratios; the relationship between
risk and return; time-value-of-money; stock and bond valuation; investment
decision rules (NPV, IRR, etc); cost of funds & raising capital.
Objectives: Upon completion of the
course, you should:
1. Be familiar
with the advantages and disadvantages of various business forms.
2. Understand
financial statements and financial ratios.
3. Demonstrate proficiency in basic
time-value-of-money concepts as applied to stock and bond valuation.
4. Understand the difference between debt
and equity financing and the advantages/disadvantages of both.
5. Understand how capital investment
decisions are made.
6. Be familiar
with the historical relationship between risk and return and the idea of
efficient capital markets.
Grading:
Exam 1
...................................100 points
Exam 2
...................................100 points
Final exam
..............................100 points
Homework .......................….. 0-3 points per homework
Grading scale based on percent of total
points achieved
A
92 – 100 A - 90
– 91.9
B
+ 88 – 89.9 B 82 – 87.9 B - 80 – 81.9
C
+ 78 – 79.9 C 72 – 77.9 C - 70 – 71.9
D
+ 68 – 69.9 D 62 – 67.9 D - 60 – 61.9
F
Below 60
When assigning the final grade I may
lower the minimum percentage required for any grade for the entire class,
depending on overall class performance.
Exams Exams will consist of
multiple-choice questions & problems, and 2-3 long problems/essays. Exam
reviews are available on the web. You may bring one 4x6 index card
with anything on it (except purloined answers!) to each exam. Hand held calculators will be required during
exams, but they cannot be shared.
Exam material will come from lectures, assigned readings, and homework.
Make-up If
you must miss an exam, talk to me in advance.
If you have an excused absence, you can make-up the exam and receive
full credit. Make-up exams must be taken
as soon as possible. If you do not have an excused absence you will
receive a failing grade for the course. Thus, you should always be prepared to
document an excused absence. All
students must take all the exams.
Homework Graded
homework assignments are posted. I will collect these homework
assignments ON THE CLASS PERIOD FOLLOWING THE DAY WE FINISH THAT CHAPTER.
They will be worth 0-3 points each. I
will evaluate the homework primarily on effort
and appearance (i.e follow the
instructions below and be aware that I give sloppy work less respect than neat
work). Please note that I will be
looking for a reasonable effort.
Photocopies of homework will not be accepted.
Please adhere to the Instructions for Homework problems and
“Self Test” concept questions (below).
Self-Test Questions appear throughout each chapter. If you
turn in brief answers to these self-test questions before we begin to cover the
chapter, you can earn 0-2 bonus
points on the next exam. I will
evaluate these self-test questions primarily on effort and appearance. Photocopies will not be accepted and I will
not accept these after we have started the chapter. Please adhere to the Instructions for Homework problems and
Self-Test Questions (below).
Instructions
for Homework Problems and Self-Test Questions:
a) If homework is more than one page, staple
it in the upper left hand corner.
b) Late homework loses one point for
each day late and is not accepted after I have covered it in class or
returned the homework to the class.
c) Homework should be done in pencil or,
if in pen, there should not be any scratch outs (use liquid paper). I
will also accept spreadsheets or word processor produced homework, but you must
be able to show your work.
Attendance Use your better judgment. I will not review class material
for those who miss a class. I will pass a tablet around for you to sign when
you come to class. Anyone who misses fewer than three (3) classes during
the semester will get 5 points added to their grade on the final exam. Anyone
who signs someone else’s name (I don’t expect that to happen) will suffer
excruciating pangs of conscience or other terrible consequences. Students are
responsible for keeping up in class and staying current in their assignments. I encourage you to have a friend in class
that can update you on what you missed should you find it necessary to miss a
class.
Absences Absence due to illness. Absence due to illness is an excused absence
only if the student provides documentation of the illness upon return to
class. The student should also attempt
to notify the professor prior to class (phone, e-mail) whenever
possible.
Absence
due to an official University activity. Absence due to an official University
activity is an excused absence only if the student notifies the professor of
the absence in advance (i.e. prior to the missed class) and
provides written documentation of the University activity from an appropriate
University representative prior to the absence.
Absence
due to emergency. The
professor will make evaluation on a case-by-case basis of whether an absence
due to an emergency is an excused absence.
At a minimum, the student should contact the professor about the absence
as soon as possible and should provide documentation of the emergency whenever
possible.