BRIDGEWATER STATE COLLEGE

BRIDGEWATER STATE UNIVERSITY

DEPARTMENT OF ACCOUNTING AND FINANCE

Course: ACFI 385 008 Managerial Finance Fall 2015 (HRG 005 MWF 9:05 9:55am )

Professor: Howard Holmes, CFA1-508-941-5888, Howard.Holmes@bridgew.edu , or Holmeshj@aol.com *** All class information will be available on Blackboard.***

Office Hours: MWF from 10:00 to 11:00 and by appointment. Policy: Attendance and punctuality are required.

Course Description: Provides understanding of the finance function and the responsibilities of the financial manager. Develops concepts and tools for use in effective financial decision-making and problem solving. Covers ratio analysis, funds flow, forecasting, current asset management, budgeting, credit services, formation and cost of capital and impact of operating and financial leverage.

Students should have an adequate background in Financial Accounting (ACFI-240 or ACFI-100 or equivalent), ECON 210 and spreadsheet fundamentals (COMP-105 or equivalent).

Method: Instructional methods employed include and MyfinanceLab. These events heighten understanding of the course material. The students preparation each week and serious participation in these activities will contribute to learning in this course.

Each chapter and each class will build upon one another in this course, so students need to be prepared each week. If you find yourself falling behind, please contact me right away. I am available often and in many different formats (class, Blackboard, office, phone and e-mail), so there is no excuse for you not to contact me.

Required Reading:. Principles of Managerial Finance plus MyfinanceLab Student Access Kit,14/E; Gitman/Zutter, Pearson (MAKE SURE YOUR GET TEXT with access code for MyFinanceLab).Other Reading as assigned. You should be reading the Wall Street Journal Daily and Current events will be discussed on the discussion board. Please also read the email about the books.

Required Calculator: Texas Instrument BA II PLUS or Texas Instrument BA II PLUS PROFESSIONAL

Course Objectives/Outcomes

ObjectivesOutcomes

1. To familiarize students with concepts and principles of managerial finance.Students will pass in-class examinations, online quizzes, online homework assignments, and answer discussion questions.

2. To let students demonstrate their ability to use the techniques they have mastered.Students work on an experiential project or will hand in and present problems and cases in which they will use the techniques examined in the course.

3. Give students the opportunity to learn collectively and to exchange ideas in finance. Students will participate both individually and in teams in problem solving, on projects and in discussions to demonstrate their working knowledge of the subject.

Student Evaluation

1.Class Participation 5%2.Online Quizzes13%3.Online Homework12%4. Midterm30%5. Comprehensive Final40%

1. In class and Blackboard Participation: I expect you will come prepared to class, having read the material, tried the problems, completed all homework, quizzes and cases on time. You should have something to take notes and ALWAYS your book and calculator. We will be going over problems in class and it is VERY easy to see who is and who is not prepared. Also if you are disturbing the class by talking amongst yourself or just laughing at others or your cell phone, that will count against your participation grade. This classroom should be for learning. 2. ATTENDANCE: Attendance is an integral part of this course. Some material for which you will be responsible is not included in the text. Three absences will be allowed (we only meet 27 times). For every absence beyond that allowed, the lowering of a student grade by 1/3 grade will result. For example, if your cumulative grade is B and you miss four classes, your final grade will be lowered to a B-. Success in this course should require a preparation level of 6-8 hours outside class weekly.

You are encouraged to ask and answer each others questions on both the general and group forum/discussion area on BlackBoard. I will be following along for guidance, but you learn more when you teach someone else and they may get an answer quicker, so it is a win, win, win. You are all responsible for everything on BlackBoard and part of the class requirement is to check on BlackBoard at least three times per week.

3. Online End of chapter quizzes: These quizzes are located on MyFinanceLab on www.pearsonmylabandmastering.com .

4. Online Homework: The homework problems for the orientation, the review, and for each chapter will be on line with www.pearsonmylabandmastering.com. MyFinanceLab Homework has assigned deadlines which must be met to get credit. You can do the homework as many times as you like to improve the grade, up until the deadline. The problems will be assigned on MyFinanceLab and it can be accessed directly. (www.pearsonmylabandmastering.com ) The bottom homework grade will be dropped at the end of the term.

5. Midterm Exam: There will be a midterm exam on the first half of the material. You must come in to class to take these exams. Please see the date on the schedule below. A detailed study guide will be given before the exam to help you prepare, but it will be a closed book exam as will the final.

6. Comprehensive Exam: This exam will test the students comprehension of all the material in the course. This will be given during the assigned final exam time. Again you must come in to take this exam. See the schedule below for date. IMPORTANT: There is no extra work or extra credit. There is plenty of work in the course as it is laid out for you to master the material and get a good grade. Please pay attention to deadlines and ask questions early rather than waiting until the last minute.

POLICY ON ACADEMIC DISHONESTYAcademic dishonesty is not tolerated and will result in a grade of F. It includes any form of cheating, plagiarism, falsification of records, collusion, or giving false information to any College official. See the College Bulletin for definition of terms, penalties and procedures for appealing dishonesty.

Outline of What a Student should do for each Chapter: Read Chapter. Do assigned homework problems assigned in MyFinanceLab. This will be done online with MyFinanceLab. MyFinanceLab Homework has an assigned deadline in which must be met to get credit. Do the online quiz on MyFinanceLab . Check on BlackBoard at least three times per week for announces and student discussion. All problems with solutions will be posted on BlackBoard for you to use as a study resource. Participate in the ongoing BlackBoard Forum/discussions and assigned BlackBoard Forum/discussions. Make sure you are on schedule to complete assigned cases/projects.

WeekTopicAssignment

19/2

Go over syllabus and start Ch 1.Orientation & Review (MFL)

29/9,10 Thurs

Ch. 1: The Role of Managerial Finance & Chapter 2 The Financial Market Environment

39/14

Ch 2: The Financial Market Environment & Ch3: Financial Statements and Analysis

49/21

Ch 3: Financial Statements and Analysis & Ch4: Cash Flow Planning

59/28

Ch. 4: Cash Flow and Financial Planning and

610/5

Ch. 5: Time Value of Money

710/14

Ch. 5: Time Value of Money

810/19

Midterm Exam (ch 1- ch 5 on 10/21)Ch. 6: Interest Rates and Bond Valuation

910/26Ch. 6: Interest Rates and Bond Valuation

1011/2

Ch. 7: Stock Valuation

1111/9 and 11/13

Ch. 8: Risk and Return

1211/16Ch. 15: Working Capital and Current Asset Management

1311/23 and 11/25 & Thanksgiving

Ch. 16: Current Liability Management

1411/30

Ch. 16: Current Liability Management

1512/7, 9

Review

16

Final Exams on campus(BSU schedule)

Schedule and Syllabus is subject to change.

Assignment 1: (due by Friday, 9/11)

1. Go on BlackBoard and enroll in this course. 2. Familiarize your self with this courses BlackBoard site and BlackBoard in general. (Go over the student tutorial if you have questions or call help desk (X2555).3. Log on to MyFinanceLab through www.pearsonmylab.com and enroll in this course, more directions on syllabus and BlackBoard and below.4. Remember to read chapters 1 and 2 and start the assignments for Orientation, review, and Chapter 1 on MyFinanceLab.

MyLab & MasteringStudent Registration InstructionsTo register for Managerial Finance 9 am:1. Go to pearsonmylabandmastering.com.2. Under Register, click Student.3. Enter your instructors course ID: holmes15021, and click Continue.4. Sign in with an existing Pearson account or create an account: If you have used a Pearson website (for example, MyITLab, Mastering, MyMathLab, orMyPsychLab), enter your Pearson username and password. Click Sign in. If you do not have a Pearson account, click Create. Write down your new Pearson username andpassword to help you remember them.5. Select an option to access your instructors online course: Use the access code that came with your textbook or that you purchased separately from thebookstore. Buy access using a credit card or PayPal. If available, get 14 days of temporary access. (Look for a link near the bottom of the page.)6. Click Go To Your Course on the Confirmation page. Under MyLab & Mastering New Design on theleft, click Managerial Finance 9 am to start your work.Retaking or continuing a course?If you are retaking this course or enrolling in another course with the same book, be sure to use yourexisting Pearson username and password. You will not need to pay again.To sign in later:1. Go to pearsonmylabandmastering.com.2. Click Sign in.3. Enter your Pearson account username and password. Click Sign in.4. Under MyLab & Mastering New Design on the left, click Managerial Finance 9 am to startyour work.Additional InformationSee Students > Get Started on the website for detailed instructions on registering with an access code,credit card, PayPal, or temporary access.

Additional Notes on MyFinanceLab (MFL)

To learn how to use MFL:

There are a few ways to get comfortable with MFL

1. There is a PDF on BlackBoard that gives all the details for starting with MFL. Also I have included the link to the online version of this PDF.One page you should make sure you review is page 9 about the homework vs quiz and text mode. In the homework mode on the left hand side you will see learning aides that will help you answer your homework problems. Please explore these, especially in the algorithmic numeric problems. These aides will solve the problem for you using one set of numbers and then give you a new problem with different numbers to solve on your own. The quizzes and test do not have learning aides, only the homework.

Link to Getting Started with MFL Document (Also on BlackBoard)http://help.pearsoncmg.com/xl/get_started/student/mmnd/mfl/get_started_stu_mmnd_mfl.pdf

The orientation section on MFL will also help here.

2. Go to the main page of MFL: www.pearsonmylabandmastering.comOn that main page on the bottom on the left, it says For Students. Click on Getting started.There is a video on how to register. You may register for free for 14 days but you will need to make a payment by the 14th day to stay on MFL.

Also on this page is information on system requirements and on how to get support help with Pearson.Unfortunately, I cannot help you with technical issues with MFL; however if you document that you have tried to fix a technical issue with Pearson 3 times with no positive outcome than please email me and I can see if our Pearson Representative can help. I ask you to try technical support online first because most of the time they can help and we dont have to over use our representative, but occasionally (like once or twice per 100 students) we need the help of our Pearson representative.

3. Study Plan I do not require the Study plan but if you wish extra practice on problem please feel free to use the Study plan.

4. Quizzes and Tests Once you start a quiz or a test, you cannot switch out of a quiz or a text to view any other page while you are taking the quiz or test, or test/quiz will shut down. So you cannot pull up your email, or notes or even the ebook while taking a test/quiz. The test/quiz will warn you, so do not tell me you didnt understand that you couldnt do that or that it was Pearsons fault.