Professor’s Course
Information Sheet
Professor’s
Name: Dr.
V. A. Reilly
Course
Title and Number: Principles of Finance –
BUSN 275/DL
Catalog
Description:
The field of Finance integrates concepts from
economics, accounting, and a number of other areas. Finance links economic
theory with the numbers of accounting, and all corporate managers -- whether in
production, sales, research, marketing, management, or long-run strategic
planning -- must know what it means to assess the financial performance of the
firm.
Office
Location:
Phone
Number: 732-255-0400 ext. 2430
E-Mail
Address: vreilly@ocean.edu
Office
Hours:
8:30 - 9:30 AM
Monday, Tuesday, Thursday, and Friday
Required
Text and other Materials:
Foundations of Financial Management
Block, Hirt & Danielsen, 13th edition, 2009, McGraw-Hill
Course
Pre-Requisites: Introduction
to Business (BUSN 131) and Principles of Accounting I (ACCT 161) or Consent of Instructor.
General
Education Goals:
1.
To
develop the ability to become an independent thinker, through mathematical,
scientific, and philosophical reasoning.
2.
To
develop the ability to solve problems by collecting, organizing, and evaluating
information.
3.
To
develop both the ability and moral sensitivity needed to make informed
judgments concerning ethical issues.
4.
To
develop to develop a historical consciousness, including the ability to reflect
thoughtfully and accurately about historical and contemporary issues of local,
national, and global importance.
5.
To
develop a global perspective on problems and issues that humankind faces, and
to explore solutions which are morally, socially, economically, politically,
and ecologically sound.
6.
To
develop and demonstrate civic and social responsibility.
Course Learning Outcomes/Objectives:
At the end of the course, students will have a basic understanding of the following financial concepts:
1.
The
objectives of financial management and the importance of the financial manager;
the role of the financial markets in allocating capital; the pressures of
institutional investors on financial managers.
2.
Basic
understanding of accounting, pro forma statements, and the thirteen ratios as
tools to evaluate any firm.
3.
Break-even
analysis and working capital management with emphasis on the build-up of
current assets and how they can best be financed.
4.
Short-term
financing: the advantages and drawbacks
of trade credit, bank credit, commercial paper, foreign borrowing, and collateralized
borrowing arrangements.
5.
Basic
understanding of the cost of capital as the overall cost of financing to the
firm.
6.
Characteristics
of capital budgeting decisions and the concept of accounting flows versus cash
flows.
7.
Measurement
of risk through the computation of the mean, standard deviation, and
coefficient of variation; portfolio effect of an investment.
8.
Capital
markets as being basic to the understanding of the flow of funds through the
economy and the relationship of capital markets to corporate bonds, stocks, and
preferred stock.
Course
Standards:
·
Students
are expected to be prepared. This preparation includes: reading of the textbook
chapters, reviewing PowerPoint Presentations, participating in class
discussions, completing all exams and Internet Assignments.
·
Student
grades will be calculated by:
Online Exams
·
These
are timed and each will consist of multiple choice and true/false questions.
·
Online
exams must be completed within the allowed time frames (see course site
Calendar for dates and times).
·
There
is one web-based exercise for each chapter. Students will select 5 of the 13
chapter exercises covered in this course.
·
Each
will be worth 20 points and will constitute the fifth exam, worth 100
points total.
·
Due
dates for each assignment will be found on the Course Calendar. Assignments may
be submitted earlier, but there is a penalty for late submissions.
·
Five (5) points will be deducted for each day the
assignment is late. Each assignment will then be graded for content and
completeness.
·
Each
assignment must be pasted or written into an e-mail, and sent to the Instructor
via the site Mail. No attachments will be opened by the Instructor.
·
Each
submission must have WE #1, WE #2, etc. in the subject area.
·
After
the Calendar date has past, assignment grades will be posted to the student’s
individual grade file.
Additional Information: Students must remember to check the Calendar, Private E-Mail and Discussion Board on a regular basis.
Withdrawal
Policy – NEW POLICY:
·
Any student who has not logged into the course by the
census date for the semester will be automatically dropped from the course
with no grade.
·
Until Monday,
November 10, 2009, any student wishing to withdraw (Grade = W) may do
so for any reason by e‑mailing a request to the
professor. The student must obtain a drop/add form from Admissions (you can
request that Admissions mail it to you if you do not come to campus). Once
completed and signed by the student, it should be mailed to the professor (at
Business Dept.,
·
After Tuesday, November 10, 2009, if a student stops
attending or is administratively withdrawn, a grade of “F” will be assigned.
Grade
Scale:
A Excellent 90 +
B+ Very
Good 86 –
89
B Good 80 – 85
C+ Above
Average 76 - 79
C Average 70 – 75
D Passing
– Below Average 60 – 69
F Failure below 59
Academic
and Student Support Services:
Students will find a number of useful and
informative services under Web Links, located on the left side menu of the
course.
Navigational
Assistance:
On the homepage and under Web Links, students will
find a link to the WebCT Student Tutorial. This should provide basic
information to guide you through the course site. Additional information on
technical items can be found by contacting the free 24/7 hotline at
1-866-861-1122.
Minimum
Technical Requirements:
To be successful in this course, students need basic
computer skills especially in using Word Processing software and the Internet.
It is the student’s responsibility to have reliable access to a computer,
either at home, work, or on campus. No
previous knowledge of finance is required for this course as it covers
introductory material.
Internet
Etiquette:
Students will find information on the proper
Internet etiquette under Web Links - Academic Resources – Core Rules of
Netiquette.
Statement
of Plagiarism:
Plagiarism is defined as taking the words or ideas of another person without
documenting them. A form of academic theft, the college holds that any instance
of plagiarism may result in a failing grade. Students should refer to the
student handbook (Policy #5180).
Statement
about Civility:
Students
are expected to behave in an appropriate academic manner while on the OCC
campus or utilizing any OCC course sites.
Campus
Resources & Services: Tutoring
is available in the Writing Lab and in the
Disabilities
Statement: If there is any student in this class who has
special needs due to learning disabilities or other kinds of disabilities,
please feel free to discuss this with me or else someone at the
Disclaimer: Reasonable changes to this course outline may
be made exclusive of course requirements, course calendar, and grading
procedures.
Prepared:
August 2009 {var}