MMG 725 BH11 - Financial Management 2008-2009 Summer Semester 1

Course Syllabus

Purpose

MMG725 Financial Management
 
         Reading maketh a full man; conference a ready man; and writing an exact man.

                          ~  Francis Bacon

Financial Management is an introductory course designed to acquaint the graduate student with issues of importance to financial managers, providing the basis for further study as well as application in career settings. The elements of financial management are explored in a mathematical framework, enabling the student to develop competencies in such areas as determining break-even points, working capital management, calculating the time value of money, financial and investment analysis and long term financing. While the course focuses on corporation finance, many of the concepts studied find application in personal finance and investment matters.


Course Objectives

Thinking Skills:
         1.   Applying quantitative concepts to various aspects of business activity.
         2.   Analysis of businesses
         3.   Understanding of the origin and uses of financial statements.
         4.   Time value of money

Learning Outcomes

Student will learn to:                                                        

1.   Understand time value of money and methods to evaluate

2     Analyize accounting Data to determine trends and performance metrics.

3.   Understand how to develop and interpet key perfomance indicators
4.  Capital Budgeting
5. Develop Pro Form Budgets
6. Conduct Sensitivity Analysis
7. Analyize data to determine Break Even operations.
8. Develop Cash Flows for Capital Projects

Standards

Academic Integrity

Students are expected to maintain integrity in all academic work. They will not attempt to get grades by any means other than honest academic effort. All work must be completed by individual students except for group projects. It is not permissible to hand in the same work for different courses without the express permission and agreement of the instructors involved.

Students are expected to maintain integrity in all academic work. They will not attempt to get grades by any means other than honest academic effort. All work must be completed by individual students except for group projects. It is not permissible to hand in the same work for different courses without the express permission and agreement of the instructors involved.

Disabliltiy Support

Cambridge College arranges access to facilities and academic programs for students with physical, mental, or learning disabilities of permanent or temporary duration. Accommodations are determined on an individual basis and include, but are not limited to, sign language interpreters, note takers, audio recording, tutorial services, priority registration, course modification, parking, and classroom modification.

Please contact the Coordinator for Student Special Services at ext. 1200, to discuss your disability, so we can arrange for and monitor services you need in compliance with the Americans with Disabilities Act. You are responsible to provide documentation from a qualified physician or clinician that presents a specific diagnosis of your disability, explains its limiting effects, and makes recommendations for accommodation.
 
It is important to provide this documentation as soon as possible since many services are outside the College and must be arranged far in advance. Course instructors and advisors are notified of any students with disabilities and their required accommodations.  Cambridge College Academic Catalog

Plagiarisim

Plagiarism is the appropriation of another’s work and passing off as one’s own the ideas and language of another. The student will not plagiarize or copy the work of any other person, and will properly acknowledge the use of any outside resources. Any breach of academic integrity is grounds for a grade of

No Credit in academic courses and/or dismissal. Cambridge College Academic Catalog.

Grading - Assessment

To receive credit for the course, all of the above requirements must be met at a satisfactory level i.e. you cannot get credit for the course if you miss any component. Credit for the course implies a grade of B or better. Distinctions will be made between A and B grades. The letter grade you earn will be weighted as follows:
 

       Class Participation                     10%

       Discussion Board                       10%

       Assignments                              50%

       Final Project                              30%
 

For grades of A- or better you will need to demonstrate a superior level of learning in the course, as indicated by the quality of your work, including class participation, project and assignments. 

Incomplete grades will only be given under exceptional circumstances and with prior permission.

Attendance in the 4 face-to-face sessions is required with a grade in participation.   Missed time will be grounds for an Incomplete on No Credit for the course. 

Instructional Methodology

The course uses the following methodologies:
  1. On-line learning on the course concepts with assignments, quizzes, and activities. Key Concept areas are covered in the on-line learning material.
  2. Participation in on-line discussions.  Discussion topics relating the course concepts to your own situation or to current events or issues will be posted. You will be expected to respond to these topics by the due date.
  3. Weekly assignments submitted online.  These are individual (i.e. not group) assignments and are related to course concepts and reading material or final project.
  4. Face-to-face instruction with in-class activities and collaborative teamwork.  There will be two days of face-to face interaction, one at the beginning of the course – and the second toward the end. These sessions will allow for direct interaction with the instructor and class-mates. Learning activities will include lectures, discussion, experiential exercises, and team work on a group project (see below).
  5. A Final Project  demonstrating your ability to  apply and integrate concepts covered in the class.   This is done as a Managers Inbox Problem. The project will typically involve analyzing financial data for a specific company and developing a financial budget (pro forma and capital budgets).