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JOHN CABOT UNIVERSITY

COURSE CODE: "FIN 301-1"
COURSE NAME: "Finance"
SEMESTER & YEAR: Summer Session I 2024
SYLLABUS

INSTRUCTOR: Joseph Richard Prendergast
EMAIL: [email protected]
HOURS: MTWTH 1:30 PM 3:20 PM
TOTAL NO. OF CONTACT HOURS: 45
CREDITS: 3
PREREQUISITES: Prerequisites: FIN 201, FIN 202, EC 202, MA 208
OFFICE HOURS:

COURSE DESCRIPTION:
This course examines both the theoretical and applied foundations required to make decisions in financial management. The main areas covered include an  overview of the financial system and the efficiency of capital markets, evaluation of financial performance, time value of money, analysis of risk and return, basic portfolio theory, valuation of stocks and bonds, capital budgeting, international financial management, capital structure management, and the CFA Institute Code of Ethics and Standards of Professional Conduct.
SUMMARY OF COURSE CONTENT:
This course examines both the theoretical and applied foundations required to make decisions in financial management. The main areas covered include an overview of the financial environment, evaluation of financial performance, time value of money, analysis of risk and return, valuation of stocks and bonds, capital budgeting and capital structure decisions.
LEARNING OUTCOMES:
Course Organization
Classes are organized on weekly basis.
Mondays, Tuesdays and Wednesdays: The first half of these classes will be lecture. For the second half we will work on assigned problems together. You should be able to complete the problems during class, perhaps with a little extra work after class. Your completed assignment will be due before the class on the following day.
Thursdays: On Thursdays, we will review your homework assignments for the week. After that we will have a quiz on material covered during the week.
Other Course Details
Final Exam: We will have a cumulative Final Exam (in-class) on Friday, June 21.
Class Participation: Participation means your general level of engagement in the course. Involvement in in-class problem-solving is especially important in getting a good participation grade.
Extra Credit Projects and Assignments: I do not give extra credit projects or assignments. Doing so would not provide a level playing field for all students. They also tend to make the class and grading disorganized.
 

TEXTBOOK:
Book TitleAuthorPublisherISBN numberLibrary Call NumberCommentsFormatLocal BookstoreOnline Purchase
Corporate Finance: A Focused ApproachEhrhardt and BrighamCengage Learning9781305637108     
REQUIRED RESERVED READING:
NONE

RECOMMENDED RESERVED READING:
NONE
GRADING POLICY
-ASSESSMENT METHODS:
AssignmentGuidelinesWeight
Quizzes 30%
Homework 15%
Attendance and Class Participation 15%
Final Exam (Cumulative) 40%

-ASSESSMENT CRITERIA:
AWork of this quality directly addresses the question or problem raised and provides a coherent argument displaying an extensive knowledge of relevant information or content. This type of work demonstrates the ability to critically evaluate concepts and theory and has an element of novelty and originality. There is clear evidence of a significant amount of reading beyond that required for the course.
BThis is highly competent level of performance and directly addresses the question or problem raised.There is a demonstration of some ability to critically evaluatetheory and concepts and relate them to practice. Discussions reflect the student’s own arguments and are not simply a repetition of standard lecture andreference material. The work does not suffer from any major errors or omissions and provides evidence of reading beyond the required assignments.
CThis is an acceptable level of performance and provides answers that are clear but limited, reflecting the information offered in the lectures and reference readings.
DThis level of performances demonstrates that the student lacks a coherent grasp of the material.Important information is omitted and irrelevant points included.In effect, the student has barely done enough to persuade the instructor that s/he should not fail.
FThis work fails to show any knowledge or understanding of the issues raised in the question. Most of the material in the answer is irrelevant.

-ATTENDANCE REQUIREMENTS:
Attendance is required for all class sessions.
ACADEMIC HONESTY
As stated in the university catalog, any student who commits an act of academic dishonesty will receive a failing grade on the work in which the dishonesty occurred. In addition, acts of academic dishonesty, irrespective of the weight of the assignment, may result in the student receiving a failing grade in the course. Instances of academic dishonesty will be reported to the Dean of Academic Affairs. A student who is reported twice for academic dishonesty is subject to summary dismissal from the University. In such a case, the Academic Council will then make a recommendation to the President, who will make the final decision.
STUDENTS WITH LEARNING OR OTHER DISABILITIES
John Cabot University does not discriminate on the basis of disability or handicap. Students with approved accommodations must inform their professors at the beginning of the term. Please see the website for the complete policy.

SCHEDULE

` Day: Topic: Chapter (Ehrhardt):
20-May Mon Overview of Financial Management and the Financial Environment Chapter 1
21-May Tue Financial Statements, Cash Flow and Taxes Chapter 2
22-May Wed Analysis of Financial Statements Chapter 3
23-May Thu Homework Review/Quiz




27-May Mon Time Value of Money Chapter 4
28-May Tue Bonds, Bond Valuation and Interest Rates Chapter 5
29-May Wed Risk and Return Chapter 6
30-May Thu Homework Review/Quiz




3-Jun Mon Corporate Valuation and Stock Valuation Chapter 7
4-Jun Tue Financial Options and Applications in Corporate Finance Chapter 8
5-Jun Wed The Cost of Capital Chapter 9
6-Jun Thu Homework Review/Quiz




10-Jun Mon Basics of Capital Budgeting: Evaluating Cash Flows Chapter 10
11-Jun Tue Cash Flow Estimation and Risk Analysis Chapter 11
12-Jun Wed Corporate Valuation and Financial Planning Chapter 12
13-Jun Thu Homework Review/Quiz




17-Jun Mon Corporate Governance Chapter 13
18-Jun Tue Distributions to Shareholders: Dividends and Repurchases Chapter 14
19-Jun Wed Capital Structure Decisions Chapter 15
20-Jun Thu Homework Review
21-Jun Fri Final Exam