FIN 301, Financial Management
Spring
2004
Dr. Gordon H. Dash, Jr.
E-mail to: GHDash@uri.edu
E-mail for assignments and mail
with large attachments: GHDash@usa.net
Phone: 401 241 7730; Fax: 401-874-4312
Office
Hours - Ballentine 316:
Day
|
Time
|
Notes
|
Monday
|
Not
Available
|
|
Tuesday
|
|
|
Wednesday
|
Not
Available
|
|
Thursday
|
|
|
Friday
|
By Appt. Only
|
|
Saturday
|
10:00 - 12
Noon
|
When
Necessary
|
Classroom:
BAL 111; 11:00 AM - 12:15 PM
Assigned
Textbook: Fundamentals of Financial
Management, tenth edition by Brigham & Houston
Week 1
Introduction & Financial Statements
Analysis
Ø
Overview of
Financial Management
Ø
Lecture: Financial
Statements
Week
2
Financial Statements Analysis & The Financial Environment
Ø
Lecture: Analysis of
Financial Statements
Ø
Lecture: The
Financial Environment
Ø
Term Assignment: Firm
Financial Statement Analysis POSTED!
Ø
Ratios for Financial Statement
Analysis
Ø
Research
Company Financial Statements on MSN Money
Ø
Summary of
Key Financial Ratios POSTED FOR EXAM #1
Ø
MSFT Ratio Analysis POSTED FOR THE HELP SESSION
Week
3
Risk and Rates of Return
Ø
Lecture: Risk and
Rates of Return
Ø
Lecture: Time Value
of Money
Ø
Assignment: Online
Portfolio with Efficient Frontier Analysis
Week 4
The Time Value of Money
Ø Exam #1 (Tuesday)
Ø Lecture: The Time Value of Money
Week 5
Applications of Time Value to Bond & Stock
Valuation
Ø
Lecture: Bonds and Fixed
Income Valuation
Ø
Lecture: The
Valuation of Stocks
Ø
_______________________________________
Ø
IBM
Ø
_______________________________________
Ø Exam #2
Week
6
The Cost of Capital and Capital Budgeting
Ø
Lecture: The Cost of
Capital
2.
Investopedia
Ø
Lecture: Capital
Budgeting Basics
Ø
Lecture: Solving
Capital Budgeting Problems
Ø Exam #3
Week
7
Capital Structure and Leverage
Ø
Lecture: Capital
Structure and Leverage
Week 8
Dividend Policy
Ø
Review: Financial Statement
Analysis
Ø
Lecture: Dividend
Policy
Week 9
Spring Break
NO Class and NO Assignments
Week 10
Financial Forecasting
Ø
Lecture: The Role of
Forecasting in Finance Corrected (18-APR)
Ø
Assignment: Voice Lectures
Ø
EFA
2004
Ø
Exam #3
Week 11
Current Asset Management
Ø
Lecture: Continuation of
Forecasting Lecture
Ø
Lecture: Current
Asset Management
Week 12
Derivatives and Risk Management
Ø
Lecture: Derivatives
and Risk Management
Week
13
Hybrid
Financing
Ø
Lecture: Hybrid
Securities for Corporate Financing
Ø
Group Presentations: Financial
Statement Analysis
Week 14
Presentations
Ø
Group Presentations: Financial
Statement Analysis
Ø
Open Date
Week
15
Multinational
Finance
Ø
Lecture: Multinational
Financial Management
Ø
D
Ø
Exam #4
Week
16
Review Week
Grading Policy
Exams (3 of 4) |
50% |
150pts or 50 pts each exam |
Final Exam |
25% |
75pts |
Financial Statement Analysis |
15% |
45pts (Group analysis) |
Portfolio Analysis |
05% |
15pts |
Forecasting Analysis |
05% |
15pts Canceled |
Current Semester Grade File Histograms Grade Policy Definitions Semester Audit
URI Official
Academic Calendar
URI Final Exam
Schedule
Class Policies
Semester
Exams: Four (4) exams will be administered over the course of
the semester. Each student is permitted
to drop the lowest score among the four exams.
Alternatively, a student may choose to skip (not take) one exam. At the end of the semester, three exam grades
will be counted. In the case where a
student has taken all four exams, the exam with the lowest score will be
administratively dropped.
Final
Exam: The final exam is the last exam of the term. The exam will
be administered on the last day of class. The purpose of this exam is to
examine how well each student can synthesize the total content of the course.
Missed
Exams: A
doctor's note or similar document is required. A note from Mom is not enough.
The instructor reserves the right to assign zero (0.0) points to any late or
missing assignment. Make-up exams will
only be given for a valid and documented reason. A missed make-up exam will result in the
assignment of zero (0.0) points.
Financial
Statement Analysis: the purpose of the project is to provide the
student with an opportunity to develop a financial statement analysis of a
listed industrial company. Due to data
limitations, the project is restricted to firms available on the URI
subscription to the COMPUSTAT database tapes.
This is a group project. NOTE: Oral presentation of the analysis is
required. Late projects will be
penalized between 5 and 15 points. Based
on one or several factors the professor will determine the level of
penalty. The factors shall include but
not be limited to: number of days (weeks) late, overall presentation, and
reason for being late.
Group
Policies: The instructor
will assign each student to a group.
This is generally a very gut-wrenching process for students as there are
bound to be preferences. Fortunately,
the goal of the professor is expediency - not friendships or any other
criteria. Hence, the assignment by the
professor is final. In the case where a
group becomes dysfunctional, the students are requested to bring this matter to
the professor for resolution.
Computer
Requirements: FIN 301 requires all enrolled student to obtain
familiarity with the Internet as it is installed at all URI supported computing
installations. Software, class notes, assignments, and the course syllabus are
all available 24 hours per day via the Internet. Additionally, each student is
expected to know how to both send and receive electronic mail. These services
are available to all students as part of the computer fee.
Grades: As each assignment is graded and returned,
the Dash Electronic Grade System will be available for 24/7 accesses to your
individual grade record. Simply go to the Current
Semester Grade File to view your grade.
You will need your student ID number (new unique number - not your SSN)
to gain access to your record.
Grade of
Incomplete (I): This is NOT
an option because you may fail to complete assigned materials. The use of this grade is governed by URI
policy. In short, you must have a valid
excuse (medical, death, etc.) AND, you must be passing the class. Simply being to busy to complete your work is
not a valid reason for the use of this grade.
Grade
Inquiries: All grade inquires must be made by email request. Additionally, if you have a question about a
graded assignment you must request a review within seven (7) days of the return
of the graded assignment. Stated
differently, after seven days, the grade on an assignment is no longer open for
review.
Professionalism:
Students are expected to conduct themselves professionally in all matters
related to this class. This means
students should act professionally in class and prepare all assignments in a
professional manner. Inappropriate
verbal comments directed toward others in class and/or inappropriate written
comments in assignments will not be tolerated.
Cell phones and pagers should be turned off during class. If possible,
in an emergency situation, please let me know before class that your phone or
pager may go off. Unless otherwise
noted, written assignments should by typed or word
processed and be free of spelling and grammatical errors.
URI Civility Policy: Teachers at the University of Rhode Island
are committed to developing and actively protecting a class environment in
which respect must be shown to everyone in order to facilitate and encourage
the expression, testing, understanding, and creation of a variety of ideas and
opinions. Rude, sarcastic, obscene, or
disrespectful speech and disruptive behavior have a negative impact on
everyone's learning. Please note that
when a person disrupts the class in these ways, the course instructor will have
the disruptive person removed from the class.
Why is
email such a big deal? Email
communication provides two-sided objective documentation. When an email is sent a copy is created in
the OUT folder of your mail client.
Hence, you have dated and timed documentation as to when a delivery was
made. In the event of a dispute you only
need to forward a copy of the email - the copy will include the header
information which shows the original transmission date. Do not loose the contents of your OUT folder.
Week to Date Conversion
Week Date
1. Jan. 13 / 15
2. Jan. 20 / 22 (note: Monday classes meet on
Tuesday, Jan 20)
3. Jan. 27 / 29
4. Feb. 03 / 05
5. Feb. 10 / 12
6. Feb. 17 / 19
7. Feb. 24 / 26
8. Mar. 02 / 04
9. Mar. 09 / 11 (SPRING BREAK - NO CLASSES)
10. Mar.
16 / 11
11. Mar.
23 / 25
12. Mar.
30 / Apr. 01
13. Apr.
06 / Apr. 08
14. Apr.
13 / Apr. 15
15. Apr.
20 / 22
16. Apr.
27 / 29
17. May
04
Date of
Preparation: 10-Jan-04