MANAGERIAL FINANCE FINA 5320 - Texas A&M University-Corpus Christi

MANAGERIAL FINANCE FINA 5320FINA-5320.W01Fully OnlineFALL 2014H. Swint Friday, Ph.D., CFPOffice: OCNR-316Office Hours: M 5:30-7:00 P.M.E-Mail: Swint.Friday@tamucc.eduM 7:00- 9:30 P.M.Office Telephone: 361-825-2498TR 1:00-2:00 P.M.Assistant: Nhieu.Bo@tamucc.eduTR 3:15-4:15 P.M.Website:http://faculty.tamucc.edu/sfridayOr by appointmentCourse DescriptionAn expanded study of the theoretical framework of financial analytical principles including contemporarytopics. Emphasis on the relevant theory and the application of theory to managerial problems. Applies conceptsof corporate finance, accounting principles and quantitative analysis.Important Warning:This is a graduate level Finance course. Many topics in Finance are far more challenging than otherbusiness topics. This course will require significant more time and effort than most other graduate levelbusiness courses. Please plan your time and effort accordingly.For a classroom based course a student would expect to spend 45 contact hours in the classroom plus 90additional hours of outside preparation and study. This same metric should apply for online courses. Astudent should spend a minimum of 135 hours of time to successfully complete this course.Learning Objectives1. Know the role and function of the financial sector participants including banks, investment banks,mutual funds, securities markets and corporations2. Understand interest rates and monetary policy including the term structure of interest rates and resultingyield curve3. Be able to perform security valuation using important valuation models and deriving the appropriatediscount rates.4. Understand time value of money concepts, WACC, and capital budgeting techniques.5. Be able to analyze key financial statements6. Understand the function of management and role of corporate governance in firm successMajor Course Prequisites FINA 5311 or equivalentRequired Materials and Access1. Textbook: Financial Management Theory and Practice, 14th Edition, Brigham and Ehrhardt, 2014with Thomson One Access Code ( ISBN: 9781111972202)2. Fingame Online 5.0 Manual and access codes3. Updated materials and reading articles posted on the faculty website ites:1. BlackBoard: https://bb9.tamucc.edu/webapps/login/2. FinGame 5.0: http://fingame5.mcgraw-hill.com/fg/fg.html

3. Supplemental Course Materials: http://faculty.tamucc.edu/sfriday/wordpress/List of Supplies1. Financial Calculator2. Computer with internet access on comprehensive office suiteState Adopted Proficiencies/TExES competencies (COE)Course PoliciesAttendance/tardiness Though this is an online course, one is expected to attend (log in) at regular intervals to completeassignments and participate in other class activities.Participation is required and is reflected in the student’s grade. Students are responsible for their homeworkassignments, lecture notes, handouts, and exams. Absences are unexcused unless a student gains prior permissionfor missing a class, assignment, or exam.Late work and Make-up ExamsStudents are responsible for all material in the assigned readings, handouts, homework, and class presentations.Furthermore, students are expected to get involved in discussion assignments on blackboard.All assignments are to be turned in on their due date according to the schedule provided unless otherwiseinstructed. Late assignments are penalized 20 percentage points for each day that they are late.Students are responsible for completing exams on time. Extensions are only allowed for serious circumstanceswith permission of the instructor.Extra Credit – None unless provided.Cell Phone/Electronic Device UsageStudents are NOT allowed to use cell phone and/or any other electronic devices during examination time unlessspecific permission is granted by the instructor.Academic Integrity/Plagiarism.University students are expected to conduct themselves in accordance with the highest standards of academichonesty. Academic misconduct for which a student is subject to penalty includes all forms of cheating, such asillicit possession of examinations or examination materials, falsification, forgery, complicity or plagiarism.(Plagiarism is the presentation of the work of another as one’s own work.) In this class, academic misconductor complicity in an act of academic misconduct on an assignment or test will result in FAILURE and Censure.Dropping a ClassI hope that you never find it necessary to drop this or any other class. However, events can sometimes occurthat make dropping a course necessary or wise. Please consult with me before you decide to drop course to besure it is the best thing to do. Should dropping the course be the best course of action, you must initiate theprocess to drop the course by contacting the Student Services Center and filling out a course drop form. Juststopping attendance and participation WILL NOT automatically result in your being dropped from the class.Preferred methods of scholarly citations- APA/MLAClassroom/professional behaviorTexas A&M University-Corpus Christi, as an academic community, requires that each individual respect the

needs of others to study and learn in a peaceful atmosphere. Under Article III of the Student Code of Conduct,classroom behavior that interferes with either (a) the instructor’s ability to conduct the class or (b) the ability ofother students to profit from the instructional program may be considered a breach of the peace and is subject todisciplinary sanction outlined in article VII of the Student Code of Conduct. Students engaging in unacceptablebehavior may be instructed to leave the classroom. This prohibition applies to all instructional forums, includingclassrooms, electronic classrooms, labs, discussion groups, field trips, etc.Statement of CivilityTexas A&M University-Corpus Christi has a diverse student population that represents the population of thestate. Our goal is to provide you with a high quality educational experience that is free from repression. You areresponsible for following the rules of the University, city, state and federal government. We expect that you willbehave in a manner that is dignified, respectful and courteous to all people, regardless of sex, ethnic/racialorigin, religious background, sexual orientation or disability. Behaviors that infringe on the rights of anotherindividual will not be tolerated.Grade Appeals*As stated in University Procedure 13.02.99.C2.01, Student Grade Appeal Procedures, a student who believesthat he or she has not been held to appropriate academic standards as outlined in the class syllabus, equitableevaluation procedures, or appropriate grading, may appeal the final grade given in the course. The burden ofproof is upon the student to demonstrate the appropriateness of the appeal. A student with a complaint about agrade is encouraged to first discuss the matter with the instructor. For complete details, including theresponsibilities of the parties involved in the process and the number of days allowed for completing the steps inthe process, see University Procedure 13.02.99.C2.01, Student Grade Appeal Procedures. These documents areaccessible at http://www.tamucc.edu/provost/university rules/index.html. For assistance and/or guidance in thegrade appeal process, students may contact the Dean’s office in the college in which the course is taught or theOffice of the Provost.Disabilities Accommodations*The Americans with Disabilities Act (ADA) is a federal anti-discrimination statute that provides comprehensivecivil rights protection for persons with disabilities. Among other things, this legislation requires that allstudents with disabilities be guaranteed a learning environment that provides for reasonable accommodation oftheir disabilities. If you believe you have a disability requiring an accommodation, please call or visit DisabilityServices at (361) 825-5816 in Corpus Christi Hall 116.If you are a returning veteran and are experiencing cognitive and/or physical access issues in the classroom oron campus, please contact the Disability Services office for assistance at (361) 825-5816.Statement of Academic ContinuityIn the event of an unforeseen adverse event, such as a major hurricane and classes could not be held on thecampus of Texas A&M University–Corpus Christi; this course would continue through the use of Blackboardand/or email. In addition, the syllabus and class activities may be modified to allow continuation of the course.Ideally, University facilities (i.e., emails, web sites, and Blackboard) will be operational within two days of theclosing of the physical campus. However, students need to make certain that the course instructor has a primaryand a secondary means of contacting each student.Relationship to Other Coursework:The application of the knowledge accumulated in FINA 5311 to real world financial problems advance thecapabilities of graduates. FINA 5320 integrates mathematical and analytical tools acquired in lower levelbusiness courses. Financial analysis and proposed solutions is similar to a typical corporate environment. Awritten analysis and proposed courses of action improve the written communication skills and a requiredpresentation to the class also improves oral communication skills. The principles of financial management in acorporate environment form a foundation for concepts in related finance courses including risk management,