KING FAHD
UNIVERSITY OF PETROLEUM & MINERALS |
Course Syllabus - Contract of Rules and Regulations
Required Textbook: Moyer, McGuigan & Kretlow, Contemporary
Financial Management, 9th Ed. 2003.You should read each
chapter before it is discussed in class. Fundamentals of Financial
Management by Brigham & Houston 9th Ed.; Principles of
Corporate Finance by Brealey & Myers, 7th Ed. and
are highly recommended for
additional readings. As with the text book, the appropriate
chapter should be read before it is discussed in class.
You should also read articles in the major periodicals,
such as the Wall
Street Journal, Business Week, Fortune, Forbes,
Dunn's, and Internet describing financial managers'
involvement in some important challenging tasks and
for current developments in the financial markets.
Calculator: Financial Calculator (FC) is required. You
must bring a financial calculator that does TVM, PV, FV,
NPV, IRR, and PMT problems for each class meeting.
Course Description: An introduction to
important foundation concepts
and tools of corporate finance. The course covers
the determinants of the return on equity, the valuation of
assets and common stocks, cash flow estimation principles,
capital budgeting decision models, business and financial
risks as well as the weighted cost of capital. Other topics
identified throughout the course include International issues to
reinforce the global nature of financial decision making;
Ethical issues to present some of the ethical dilemmas
facing financial managers; Entrepreneurial issues to
emphasize unique finance-related problems and concerns of
entrepreneurs and numerous references throughout the
course that can be found on the World Wide Web. Pre-Requisites: Acct
202
Course Objectives:
< Develop an understanding of the modern corporate finance
theory and practice so that the student will have the
conceptual foundations for making intelligent financial
decisions.
< Introduce students to a variety of real-world problems
faced by financial managers to advance their understanding
of financial management concepts and theories.
< Encourage students to use computer and other
technological innovations to identify and analyze
problems, consider alternatives, and make recommendations
for feasible financial decisions.
AACSB Perspectives: The AACSB expects business curricula
to incorporate various issues critical to contemporary
organizations. Ethical, global and technological issues as
well as the influence of legal, regulatory and
environmental issues are some of the perspectives
addressed in FIN 301 course. Ethical issues are integral
part of the assigned reading at the end of each chapter
materials on business ethics. Global issues in assigned
chapters are integrated with other materials throughout
the course.
Computer Usage: Course assignments and term projects
requires use of Computer, finance internet web sites and
Excel spreadsheet. A specific problem at the end of each
chapter refer students to a web site where they must use
the internet to locate, solve, discus and present the
assigned problem.
Communication Skills: Student oral communication skills
are developed through class participation, discussions,
reading International and local business publications and presentations.
Written communication skills are enhanced via term project
and assignments.
Attendance & Participation: You must attend all the
scheduled classes. Class attendance is required. More than
three un-excused absences automatically results in lower
grade or DN! This will be strictly enforced. Students must
be in class on time. Being late at the start of class and
leaving class without excuse automatically is considered
as being absent.
Exams and Quizzes: There will be
two major 75 minutes
exam and a 2-hour final for this course. There will be
several unannounced quizzes on the assigned material
during the semester. Absolutely, there will be no make-up
exam. Absence from any exam will result to zero except for
serious emergency. There will be no exception. The
University’s policy is that any student found guilty of
cheating will be kicked out of the school. I intend to
keep strict rule on this policy. One strike and you are
out!
Grade Distribution:
1st Major Exam 30%;
2nd Major Exam 30% and
Final Exam 35%
Home Work, Quizzes, Participation & Attendance 5%
Total Grade 100%
Tentative Class Schedule
Feb 15 (U) Chapter 1: The Role and Objective of Fin. Management & Project Assignments. Answer all the questions on page 29-30.
Feb 17 (T) Chapter 1: The Role and Objective of Fin. Management & Project Assignments. Answer all the questions on page 29-30.
Feb 22 (U) Chapter 1: The Role and Objective of Fin. Management & Project Assignments. Answer all the questions on page 29-30.
Feb 24 (T) Chapter 2: The Domestic & International Financial Marketplace. Prob.:1, 3, 5, 6, 8 & ST
Feb 29 (U) Chapter 2: The Domestic & International Financial Marketplace. Prob.:1, 3, 5, 6, 8 & ST
Mar 02 (T) Chapter 3: Evaluation of Financial Performance. Prob.:1, 6, 18, 24 & 26 with internet).
Mar 07 (U) Chapter 3: Evaluation of Financial Performance. Prob.:1, 6, 18, 24 & 26 with internet).
Mar 09 (T) Chapter 3: Evaluation of Financial Performance. Prob.:1, 6, 18, 24 & 26 with internet).
Mar 14 (U) Chapter 4: The Time Value of Money. Prob.:1, 2, 3, 5, 7, 19, 41 with excel & 46 with internet.
Mar 16 (T) Chapter 4: The Time Value of Money. Prob.:1, 2, 3, 5, 7, 19, 41 with excel & 46 with internet.
Mar 21 (U) First Major Exam: Sunday March 21, 2004
Mar 23 (T) Chapter 4: The Time Value of Money. Prob.:1, 2, 3, 5, 6, 14, 41 with excel & 46 with internet.
Mar 28 (U) Chapter 5: Analysis of Risk and Return. Prob.:1, 3, 7, 12, 21, & 27 with Internet.
Mar 30 (T) Chapter 5: Analysis of Risk and Return. Prob.:1, 3, 7, 12, 21, & 27 with Internet.
Apr 04 (U) Chapter 5: Analysis of Risk and Return. Prob.:1, 3, 7, 12, 21, & 28 with Internet.
Apr 06 (T) Chapter 8: Capital Budgeting & Cash Flow Analysis. Prob.:3, 5, 6, 13 & 16 with Excel.
Apr 11 (U) Chapter 8: Capital Budgeting & Cash Flow Analysis. Prob.:3, 5, 6, 13 & 16 with Excel.
Apr 13 (T) Chapter 8: Capital Budgeting & Cash Flow Analysis. Prob.:3, 5, 6, 13 & 16 with Excel.
Apr 18 (U) Chapter 9: Capital Budgeting: Decision Criteria & Real option Considerations. Prob.:2, 3,
9 with excel, 16 & 25 with internet and Appendix 9A Mutually Exclusive Investments.
Apr 20 (T) Chapter 9: Capital Budgeting: Decision Criteria & Real option Considerations. Prob.:2, 3,
9 with excel, 16 & 25 with internet and Appendix 9A Mutually Exclusive Investments.
Apr 25 (U) 2nd Major Exam: Sunday April 24, 2004
Apr 27 (M) Chapter 9: Capital Budgeting: Decision Criteria & Real option Considerations. Prob.:2, 3,
9 with excel,16 & 25 with internet and Appendix 9A Mutually Exclusive Investments.
May 01 (S) Chapter 15: Financial Forecasting and Working Capital Policy. Prob.:1, 3, 18 & 21 with Internet.
May 03 (M) Chapter 15: Financial Forecasting and Working Capital Policy. Prob.:1, 3, 18 & 21with Internet.
May 08 (S) Chapter 15: Financial Forecasting and Working
Capital Policy. Prob.:1, 3, 18 &
21 with Internet.
May 10 (M) Chapter 16: The Management of Cash and
Marketable Securities. Prob.:1, 5 &
13 with Internet.
May 15 (S) Chapter 16: The Management of Cash and
Marketable Securities. Prob.:1, 5 & 13 with Internet.
May 17 (M) Chapter 16: The Management of Cash and Marketable Securities. Prob.:1, 5 & 13 with Internet.
May 22 (S) Chapter 17: Management of Accounts Receivable and Prob.: 1, 18, 19 & 23 with internet.
May 24 (M) Chapter 17: Management of A/R and Prob.: 1, 18, 19 & 23 with internet
May 29-Jun 8 Final Exam : Date as set by the registrar
NOTE:
The instructor reserves the right to alter the
assignment schedule, the weights associated with exams and
other assignments. Any changes made will be announced in
class and it shall be the responsibility of the student to
acquire this information in case of absence from class.