SYLLABUS FOR FINANCE 3000
Principles of Financial Management
Summer 2007
Instructor: Doug Timmons
BAS N326
Phone Number: 898-5750
E-mail:
Homepage:
Office Hours: M-T-W-TH: 9:00am -10:00am and by appointment
Course
Pre-requisites: ACTG 2110or 3000
Required Materials:
TEXT - Stanley Block and Geoffery Hirt, Foundations of Financial
Management, 12th Edition. It is also possible to buy ebook online at
a reduced cost. Information about this option may be found at the site
below.
Web site: .This site provides chapter
problems/solutions and other useful study aids.
Calculator - You must have a financial calculator to succeed in this
course. Many of the exam problems involve complex arithmetic and
financial calculations -- and a financial calculator is necessary to
solve them.
I strongly recommend the HP10BII which sells for approximately $40.00
in the bookstore. This calculator, or another financial calculator like it,
will prove useful for personal and professional applications throughout
your life.
As you will soon see, the ability to use a financial calculator is critical
to success in the class. You are responsible for learning how to operate
your financial calculator -- and it is crucial that you are familiar with your
calculator by the time we begin Chapter 9.
Course objectives: This course is designed for the non-business student as an overview of the
fundamental concepts and tools for financial decision making within a
business firm. Since this is a survey course, we will cover a lot of ground.
We will begin with a general overview and then go into more detail on
several concepts, financial instruments and techniques used in financial
decision making.
The chief objectives of this course are:
1. To introduce you to the world of finance. Anyone involved with the
management of a business needs to have at least some minimal
knowledge of business finance.
2. To introduce you to basic financial concepts such as the time value of
money, asset valuation and risk reward tradeoffs.
My hope is that by the end of the class you have a basic grasp of finance
principles and that you go beyond just memorizing a number of facts and
formulas. Doing so will enable you to better understand current events in
finance and will provide a solid framework for any subsequent courses
you may take in finance. Additionally much of what you will study has
application to your personal finances.
Class procedures: The structure of this class makes study and preparation outside of class
extremely important. The lecture material will focus on the major points
introduced in the text. Reading the assigned chapters and having some
familiarity with them before class will greatly assist your
understanding of the lecture. After the lecture, you should study your
notes and work relevant problems from the end of the chapter and sample
exam questions. Don’t wait until the day before the exam to get help.
Lectures will revolve around a computerized slideshow that covers all the
essential issues presented in each chapter. You can access and download
the PowerPoint slides from my home page or on the S-drive.
REALITY CHECK - The only way to succeed in this course is to start
working from the "get-go" and stay engaged the entire session. If you thinkyou can succeed by merely studying the night before each exam, you arequite mistaken! Read assigned chapters before the lecture and work theproblems at end of each chapter.
If you have a disability that may require assistance of accommodations, or if you have any questions related to any accommodation for testing, note taking, reading, etc., Please speak to me as soon as possible. You may also contact the Office ofDisabled Student Services at (898-2783).
To retain Tennessee Education Lottery Scholarship eligibility, you must earn a cumulativeTELS GPA of 2.75 after 24 attempted hours and a cumulative TELS GPA of 3.0thereafter. A grade of C, D, F, or I may negatively impact TELS eligibility. Droppinga class after 14 days may also impact eligibility, if you withdraw from this class andit results in an enrollment status of less than full time, you may lose eligibility for yourscholarship.
Last day to drop course without a grade--June 7th
Last day to drop course with a grade of “W”--June 18th
Grades: EXAMS (85%)Grading Scale
Exams:Undergraduate Students
1 (Chapters 1, 14, 2) A > 90 C+ 77.5-79.99 D 62.5-67.49
2 (Chapters 3, 5 ) B+ 87.5-89.9 C 72.5-77.49 D- 60-62.49
3 (Chapters 9 & 10) B 82.5-87.49 C- 70-72.49 F < 60
4 (Chapters 11,12,13) B- 80-82.49 D+ 67.5-69.99
Quizzes, Homework/Class (15%)
***At the end of the semester the overall class average will be curved to 75.
Course Content: Chapter outlines are available via the links below or on the S-drive.
Chapter Subject
1 The Goals and Functions of Financial Management
14 Capital Markets
2 Review of Accounting
3 Financial Analysis
5 Operating and Financial Leverage
9 The Time Value of Money
10 Valuation and Rates of Return
11 Cost of Capital
12 The Capital Budgeting Decision
13 Risk and Capital Budgeting