RequiredText: Brigham, E.F. Fundamentals of
Financial Management, 9th (2001) ed., Dryden Press.Recommended: Wall
Street Journal, Business Week, Fortune, Forbes, The NY Times.
Course DescriptionThis course serves as an
introductory finance course, and is concerned with financial decision making.
Virtually all management decisions have financial implications, and it is the
effect on the value of the firm by which those managerial decisions are judged.
Classes will be balanced among discussions, lectures and problem solving.
It is expected that the student will have read the assigned chapters and
prepared the problems before coming to class. While problems may not be
collected (except computer problems), their preparation is a major portion of
the assignments. Failure to attempt them will prove detrimental to performance
on subsequent tests.
AttendanceAttendance is required. Maximum number
of unexcused absence allowed is 3. Absences beyond those three will be treated
as excused only upon written proof of serious illness, family emergency,
or official college business. Wherever possible, you should give me
prior notice of an excused absence. Athletic practices do not constitute a valid
exucse for missing classes. Every unexcused absence beyond this maximum lowers
the final grade by one letter grade.
Computer AssignmentI assume that each student is
familiar with spreadsheet program, Microsoft Excel which is available in our
Computer Labs. One computer problem is assigned during the semester. A
diskette containing your solutions and
printouts should be submitted by due dates for grading.
Assignment - Due by 2.12: Using MSExcel, (a) set up a loan amortization
table for monthly payment for a 5-year, 7% mortgage in the amount of $50,000,
(b) calculate the total amount of principal payment to be made in the first 3 months, and (c)
calculate the total amount of interest to be paid during the 1st 6 months. Use the formlulas
on Excel to calculate your answers.
Special Needs In coordination with the Academic
Support Center(ASC), reasonable accomodations are provided for qualified
students with diabilities. Please see me or Director of the ASC office(x4118)
within the first week of class for timely accomodations.
Schedule of Topics (Tentative)
Jan. 15, 17, 22, 24
Jan. 29, 31, Feb. 5, 7,12
Feb. 19, 26, 28. Mar. 5, 7, 12, 14, 19.
Apr. 2, 4, 9, 11, 16.
Apr. 18, 23, 25, 30.