Information For Course Reference # in Fall 2012

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1 Page 1 of 11 Skills Assessment Information For Course Reference # in Fall 2012 General Course Information CRN Course Title Description College Division Subject Area Course Number Business Finance A study of financial decision making in the corporate form of enterprise. An analysis of the sources and uses of funds Emphasis is placed on working capital management; capital budgeting techniques; short and long term financing; and capital structure and value of the firm. Business Business Finance FIN 3403 Credit Hours 3 Meeting Information Start Date Aug 20, 2012 Dec 11, 2012 End Date Days Time Room Dec 03, 2012 Dec 11, 2012 TR 03:30 pm - 04:45 pm T 04:30 pm - 07:15 pm LH 2202 LH 2202 Prerequisites ACG 2021 with a minimum grade of C and ACG 2071 with a minimum grade of C and ECO 2013 with a minimum grade of C and ECO 2023 with a minimum grade of C and CGS 1100 with a minimum grade of C and MAC 2233 with a minimum grade of C and STA 2023 with a minimum grade of C

2 Page 2 of 11 Course URL Distance Learning/Off Campus Course Information Is this a DL Course? No, it is an on-campus course. Instructor Information Instructor Address Phone Number Office Location Office Hours Steven R. Scheff sscheff@fgcu.edu (239)/ Lutgert 3361 Tuesday and Thursday 1:30-2:45 PM. Please call or ahead of time to ensure availability or to arrange another time.

3 Page 3 of 11 Teaching Philosophy This fundamental course in financial management is required of business students worldwide. The content is integral to the management of successful business enterprises, and should be mastered by every business major. The course integrates material from the prerequisite courses, involving a thorough understanding of the use of financial statements (Accounting) and the impact of the economy on decision making (Economics). Rational decision making also requires the analytical skills (Mathematics and Statistics) needed to quantify risk and return parameters. Successful completion of the course should prepare students for the Capstone Business Strategy experience. To get the full benefit of the course and earn a good grade, it will be necessary to come to class PREPARED to participate by studying all assigned material beforehand. To assist you in focusing, the use of cell phones, laptops, and other electronic devices is prohibited in this class. The intent of this syllabus is to provide students with the information necessary to anticipate, plan, and schedule their participation in the course, as well as to answer students' most frequently asked questions. Please check with me if you are unable to find the information you need within this syllabus. It is your job to learn; it is my job to help you learn.

4 Page 4 of 11 Additional Instructor Information Course Materials Required Course Materials TEXTBOOK: Essentials of Corporate Finance 7th edition by Ross, Westerfield, and Jordan; McGraw-Hill. SOFTWARE: Students are required to subscribe to McGraw-Hill's Connect package for homework and online quiz administration. The Connect site access for this class is CALCULATOR: A stand-alone (i.e., not an app) financial calculator with no internet access or communication capability. Finance faculty strongly

5 Page 5 of 11 recommend the TI BAII Plus (Professsional model for Finance majors) because textbook and classroom demonstrations will be based solely on this device. As required by department policy, the stand-alone calculator is the ONLY electronic device allowed to be used in class. SCANTRONs: For each exam, you will need a Scantron Pearson NCS Test Sheet, Form No These must not be folded or wrinkled. Optional Course Materials I recommend that you stay current with financial news by reading the Wall Street Journal at least several times a week.

6 Page 6 of 11 Course Policies, Learning Objectives, and Agenda Grading, Attendance, and Other Policies 1. ATTENDANCE: You should attend all class sessions, and be prepared to participate with comments and questions on the material to be covered. If you must miss a session, you should obtain notes from a classmate. You are responsible for knowing what was covered in class; this includes new material, assignments, quizzes, exams, and changes to the syllabus. 2. QUIZZES: Homework is administered online through the McGraw-Hill Connect software system. In-class quizzes will cover current and recent material. Missed quizzes CANNOT be made up and will count as "0", in accordance with departmental policy for all sections of this course. The two lowest quiz/homework scores will be dropped in calculating your grade for this segment. 3. EXAMS: You must bring the required Scantron form to each examination. Concepts carry over throughout the course, with approximately one-half or more of the comprehensive final examination based on material previously covered in earlier exams. There are NO make-up exams. Rather, the weight of one missed examination (but not more than one) will be added to the final examination. Missing a second exam, or the final exam, will result in a grade of zero for that exam. There is no option to drop an exam score once the exam has been taken.

7 Page 7 of 11 Exams may consist of true/false questions, multiple choice questions, and/or problems. The course grade is determined as follows: Quizzes...15% Exam % Exam % Comprehensive Final...35% A = 90% or better B = 80-89% C = 70-79% D = 60-69% F = less than 60% The course grade for all students will be determined solely as shown herein. There is no scaling of grades, and no provision for "extra credit". Every student has the same opportunity to succeed. Although attendance is not taken formally, habitual absences have been shown to have an adverse impact on quiz and exam performance. That is, regular and attentive participation improve your chances of obtaining a good grade.

8 Page 8 of 11 Learning Objective Assessment Strategy 1. Utilize financial accounting data to assess the financial health and direction of a firm. 2. Apply time value of money techniques to make multi-period investment decisions and security valuations. 3. Use statistical analysis to quantify risk and return in uncertain economic environments. 4. Forecast cash flows and apply capital budgeting decision techniques to make capital investment decisions. 1. Quiz, homework, and exam questions that emphasize financial statement and ratio analysis, utilizing the income statement, balance sheet, and statement of cash flows. 2. Quiz, homework, and exam questions on present and future valuations of lump sums, annuities, and uneven cash flow streams; and on stock and bond valuation problems. 3. Quiz, homework, and exam questions on determining expected rates of return, standard deviation of returns, and other applications of statistics to quantify risk and return assessments. 4. Quiz, homework, and exam questions on cash flow forecasting methods and capital budgeting techniques, to include net present value and internal rate of return methods. Additional Information TENTATIVE COURSE OUTLINE (subject to change) Tue, Aug 21...Chapter 1 INTRODUCTION TO

9 Page 9 of 11 FINANCIAL MANAGEMENT. Thu, Aug 23...Chapter 2 FINANCIAL STATEMENTS, TAXES, AND CASH FLOW. Tue, Aug 28...Chapter 2 (cont.) Thu, Aug 30...Chapter 3 WORKING WITH FINANCIAL STATEMENTS Tue, Sep 4...Chapter 3 (cont.) Thu, Sep 6...Chapter 16 SHORT-TERM FINANCIAL PLANNING Tue, Sep 11...Chapter 16 (cont.) Thu, Sep 13...Review Tue, Sep 18...EXAM 1 Chapters 1-3 and 16. Thu, Sep 20...Review Exam 1. Chapter 4 TIME VALUE OF MONEY Tue, Sep 25...Chapter 4 (cont.) Thu, Sep 27...Chapter 5 DISCOUNTED CASH FLOW VALUATION Tue, Oct 2...Chapter 5 (cont.) Thu, Oct 4...Chapter 6 INTEREST RATES AND BOND VALUATION Tue, Oct 9...FALL BREAK/Hurricane Make-up Thu, Oct 11...Chapter 6 (cont.). Chapter 7 EQUITY MARKETS AND STOCK VALUATION Tue, Oct 16...Chapter 7 (cont.) Thu, Oct 18...Chapter 10 LESSONS FROM CAPITAL MARKET HISTORY Tue, Oct 23...Chapter 11 RISK AND RETURN Thu, Oct 25...Chapter 11 (cont.) Tue, Oct 30...Exam 2 Chapters 4-7, 10, and 11. Thu, Nov 1...Review Exam 2. Chapter 8 NET PRESENT VALUE AND OTHER INVESTMENT CRITERIA Fri, Nov 2...LAST DAY TO WITHDRAW WITHOUT ACADEMIC PENALTY Tue, Nov 6...Chapter 8 (cont.) Thu, Nov 8...Chapter 9 MAKING CAPITAL INVESTMENT DECISIONS Tue, Nov 13...Chapter 9 (cont.) Thu, Nov 15...Chapter 9 (cont.). Chapter 18 INTERNATIONAL ASPECTS OF FINANCIAL MANAGEMENT (up to PURCHASING POWER PARITY) Tue, Nov 20...Chapter 12 COST OF CAPITAL Thu, Nov 22...THANKSGIVING HOLIDAY - NO CLASSES Tue, Nov 27...Chapter 12 (cont.) Thu, Nov 29...Chapter 12 (cont.)

10 Page 10 of 11 Tue, Dec 11...COMPREHENSIVE FINAL EXAM 4:30-7:15 Student Observance of Religious Holidays: All students at Florida Gulf Coast University have a right to expect that the University will reasonable accommodate their religious observances, practices, and beliefs. Students, upon prior notification to their instructors, shall be excused from class or other scheduled academic activity to observe a religious holy day of their faith. Students shall be permitted a reasonable amount of time to make up the material or activities covered in their absence. Students shall not be penalized due to absence from class or other scheduled academic activity because of religious observances. Where practicable, major examinations, major assignments, and University ceremonies will not be scheduled on a major religious holy day. A student who is to be excused from class for a religious observance is not required to provide a second party certification of the reason for the absence.

11 Page 11 of 11 University Statements: Academic Dishonesty/Cheating Policy: "All students are expected to demonstrate honesty in their academic pursuits. The university policies regarding issues of honesty can be found under the "Student Code of Conduct" on page 11, and under "Policies and Procedures" on pages of the Student Guidebook. All students are expected to study this document which outlines their responsibilities and consequences for violations of the policy. " Disability Accommodations Services: Florida Gulf Coast University, in accordance with the Americans with Disabilities Act and the university s guiding principles, will provide classroom and academic accommodations to students with documented disabilities. If you need to request an accommodation in this class due to a disability, or you suspect that your academic performance is affected by a disability, please see me or contact the Office of Adaptive Services. The Office of Adaptive Services is located in Howard Hall 137. The phone number is or TTY FGCU This is an official FGCU web page. Florida Gulf Coast University is an equal opportunity/affirmative action institution. Webmaster: webmaster@fgcu.edu

COURSE WEBSITE:

COURSE WEBSITE: Intro to Financial Accounting Spring 2012 Instructor 2: Jacqueline R. Conrecode, MBA, MS, CPA Office Hours: Mondays & Wednesdays: 11:00 12:15 PM, 3:30 4:45PM Office: Lutgert Hall 3333 Office Phone: 239