Course Syllabus

Fall 2019

 NOTE:  For each course credit students should expect to spend an additional two hours outside of class studying or working on class assignments. Hence, for a three-credit course, this means about six hours per week of work outside of class.

Course Title:              Managerial Finance

Course Number:       BUS 302

Credits:                        3 Cr

Class Times:               Mondays 3:30 – 6:25pm

Instructor:                  David (Wabigaikek) Fleming Sr., MBA 

                                          (715) 634-4790 ext. 146

                                          E-mail: dfleming@lco.edu

 Office Hours:             Monday through Thursday 1:00 – 3:00 pm or by appointment

 Required Text(s):      Fundamentals of Financial Management, 14th Edition

                                    by Brigham/Houston

                                    Edition: 14th

                                    ISBN: 9781285867977

Required Supplies/Materials:   None other

Recommended Texts & Other Readings: Selected by instructor, see Canvas.  Additional readings will include postings on Canvas and in class handouts.

Course Description:  This course covers foundational and advanced finance applications for decision making. Students study the time value of money, investments, cost of funds, debt, and the financial processes used to manage business resources. Business loans, corporate bonds, stock valuation, crowd funding, and other forms of capital are explored to provide the student with a practical understanding of available capital markets. Lac Courte Oreilles Ojibwa Community College Course Descriptions 2019-2020 7 | P a g e Students examine a firms operating performance, financial health, and capital management through analysis, forecasting techniques, and best practices in financial management. This course builds on BUS 202 Managerial Accounting.

 Pre-requisites: MTH 113, BUS 110, BUS 202, BUS 222, BUS 265

Course Specific Outcomes: - See Pilot Program information (draft outcomes)

 

Course Schedule/Outline/Calendar of Events

Course Outcomes

Week

Topic   Section

Course Assessment

 

1

Student orientation and Week of Welcome – Campus activities

 

 

2

Holiday – Labor Day.  Independent review of Canvas (learning management system) and review of syllabus. Prerequisite refresher

Prerequisite refresher

 

3

Chapters 1,2,3.   Accounting v. Finance discussion, time value of money overview, investment funds and organizational structures.

Assignment – chapters 1, 2, 3

 

4

Chapter 4 & 5.  Analysis of financial statements and overview of the fundamental concepts in financial management.

Assignment – chapters 4, 5

 

5

Chapter 6 & 7.  Interest rate and bond valuation. 

Assignment – chapters 6, 7

 

6

Excel applications and overview of financial asset management.

 

 

7

Midterm preparation and overview of cash flow statement considerations.

 

 

8

Midterm exam

Exam

 

9

Midterm review, excel templating, income statement restatement issues.   Chapter 8 – Risk and rates of return

 

 

10

Stocks and their valuation (Chpt 9) and Introduction to the capital budgeting process. Chapter 10 - Capital cost considerations for project selection.

 

 

11

Chapter 11 – The basics of capital budgeting.  Introduction to cash flow estimation and risk analysis (chpt 12)

Assignment – chapters 8,9, 10, 11

 

12

Overview of real options and additional considerations in capital budgeting (chpt 13).   Analysis of capital structure and leverage (chpt 14)

 

 

13

Distributions to shareholders (chpt 15)  Begin part 6, working capital management and financial forecasting.  Chapter 16 – working capital management

Assignment – chapters 12, 13, 14, 15

 

14

Chapter 17 – Financial planning and forecasting.

Assignment – chapters 16, 17

 

15

Student project discussion, final exam preparation and study guide. Case study overview – Analysis of a business

Student project

 

16

Final Exam

Case study

 

 

 

 

Final Grades due

 

 

Evaluation Procedures and Grading Criteria:

 

Grading at LCOOCC is based on your level of achievement on papers, projects and examinations. The level of proficiency achieved will be indicated by the following letter grades for each academic level. Please refer to the Student Handbook for additional data. 

 

GRADING SCALE

A

 

100- 90

EXCELLENT!

B

 

89-80

ABOVE AVERAGE

C

 

79-70

AVERAGE

 

 

 

 

IF YOUR GRADES FALL BELOW THEY WILL NOT TRANSFER TO ANOTHER INSTITUTION

D

 

69-60

BELOW AVERAGE

F

 

59 or below

FAILING

 

 

 

 

I

 

N/A

INCOMPLETE

W

 

N/A

WITHDRAW

Z

 

N/A

AUDIT

P

 

N/A

PASS

 

Component

Points- if applicable

Weight

Class Assignments

6 @ 100

50%

Midterm

120

10%

Final

240

20%

Giikino’amaagan Odanokiiwin

120

10%

Case study

120

10%

Total

 

100%

 Attendance Policy: 

 Attendance is not included in your grade.  However, students that attend class have a much better chance to understand the course material and succeed in the course.   Attendance is encouraged for every class.  

 Students who fail to make Academic Progress (minimum GPA) or meet the Pace of Progression (completing at least 67% of courses) standards may be placed on Financial Aid Probation.  Please refer to the current Student Handbook, for the Class Attendance Policy. 

Assignments and Tests:

Assignment due dates are posted along with the assignment deliverables.  Generally you will have one week to complete assignments.  You may turn in late assignments up until midterms for assignments due before midterm break and up until finals for assignments after midterm for 75% credit.  Students perform best when they complete assignments on time and understand the material before the class moves on to the next or proceeding topics.  Students are strongly encouraged to complete assignments on or before the due dates.

Special Note Regarding Incompletes: 

Please refer to the current Student Handbook for the policy on Incompletes.

Mid-term and Final Examinations:

In order to receive credit for the mid-term or final grade, exams must be taken on the designated day during Mid-Term Exam week or Final Exam week unless prior arrangements have been made with your instructor.

***** 

 

General Education Program Outcomes:

 Students receiving an associate degree will:

Gen Ed 1 Communication:

Students read, write, speak, and listen effectively to increase knowledge, to foster understanding, or to promote change in          attitudes, values, beliefs, or behaviors.

GEN ED 2 Mathematic Literacy:

Students demonstrate a strong foundation in mathematical concepts, processes and structure.

GEN ED 3 Social Responsibility

Civic Responsibility includes the skills and awareness necessary to live as responsible, ethical, and contributing citizens of the    community, state, nation, and world.

GEN ED 4 Culture: Ojibwe and other Native Cultures

Students demonstrate understanding of Ojibwe and other Native American culture.

GEN ED 5 Critical Thinking:                                                                                                                                                                                                    Students analyze, synthesize, and evaluate diverse concepts and make reasoned decisions based on evidence.

GEN ED 6 Global Awareness:                                                                                                                Students interact effectively and appropriately in a diverse, multi-cultural, and global society.

 

 

Outside of Class Study Expectations:

The US Department of Education and the Higher Learning Commission have the expectation that students should be working approximately two hours of outside of class for each credit of instruction

 

Culture & Tradition:

The Mission Statement of LCOOCC states:

 

The Lac Courte Oreilles Ojibwe Community College mission is to provide Anishinaabe communities with post-secondary curriculum and continuing education while advancing the language, culture, and history of the Ojibwe.

 

In order to adhere to the college's mission statement, this course will incorporate Ojibwe Language, Culture, and History into class activities wherever possible. These activities have been included in the class schedule.

  

**IMPORTANT**

Students with Disabilities

It is the policy and practice of the Lac Courte Oreilles Ojibwe Community College to create inclusive learning environments for all students, including students with disabilities.  If there are aspects of this course that result in barriers to your inclusion or your ability to meet course requirements, please notify the instructor as soon as possible. I will maintain and uphold confidentiality of any information shared. 

 

Institutions of Higher Education under the Americans with Disabilities Act are required to provide appropriate aids and services to students who have identified documented learning disability or other disability which might affect classroom performance. It is the responsibility of the student to provide the appropriate documentation to the college in a timely manner. Students requesting accommodations are asked to contact Lisa Munive, Academic Dean at least two weeks before the start of classes to allow sufficient time for any adaptive accommodations to be made.

 

Academic Honesty & Integrity Policy:
 

Please refer to the current Student Handbook for Academic Misconduct and Plagiarism.

 
Computer Use:         
All students receive an lco.edu email account for the duration of the semester. In order to comply with FERPA (Family Education Rights and Privacy Act), all official notifications about your courses, Moodle, financial aid, and student evaluations must be sent through your lco.edu email account. You can access your lco.edu email account from any browser.

 

Necessary Technologies:

  • Internet connection (DSL, LAN, or cable connection desirable)
  • Access to Moodle or other Learning Management Systems

**Note**: Not having computers or Internet at home is NOT an excuse to be late with homework. Your education is your responsibility. We strongly encourage you to schedule time to make use of the resources provided for students to complete your studies in a timely manner.

 

 

Course Summary:

Date Details Due