CATALOG DESCRIPTION: The financial framework of business; principles governing the operation of financial markets. Management of the flow of funds through a company; evaluation of alternative methods of financing under changing conditions; capital and cash budgeting valuation problems.

PREREQUISITES: All MBA prerequisite courses (500 level) completed.

COURSE OBJECTIVE: Financial management provides students with the fundamentals of finance for business operations. Theories and applications are examined regarding the current thinking and research in the field. The assortment of techniques for raising and using funds beneficially are emphasized. The material covered should be useful to financial managers to adjust risk, reduce costs and enhance returns.

TEXT: Assigned readings
The Wall Street Journal for a subscription at student rates select 10 weeks or 15 weeks

OFFICE HOURS: Wednesday 2:00-4:00 & Monday online 3:00-3:30

EXAMS: These must be completed in Baker 154 by 8:30 pm on the due days. Exams are modestly cumulative. That is, material from earlier exams may reappear.

GRADE DETERMINATION: Grades will be calculated from a series of equally weighted exams, two contemporary topics exams, and a final exam according to the points and percentage guidelines below. Continuing exams will contribute 500 points, contemporary topics 100 points, and the final exam 400 points toward the final grade. Thus, there will be a total of 1,000 points available If you miss a test for any reason, you may take a makeup to replace it. Makeups will count a maximum of 90% of the regular exam's worth. Consult with the instructor in advance if you must be away during any scheduled exam.

STUDENTS WITH DISABILITIES: If you need special attention for dealing with any disability in participating in class or taking exams, please contact the instructor directly.

CALCULATOR AND COMPUTER USE: You are expected to understand and be able to calculate all the mathematical equations used in this course. I discourage the purchase of expensive and elaborate hand calculators as they often confuse rather then benefit students. A TI BAII or a BAII + Professional is the recommended choice. You will find instructions for using them here. Do all calculations according to their appropriate equations and use the calculator only to check your work. Otherwise you may be getting wrong answers and have no idea of what error is being committed. When appropriate you should be able to solve problems with Excel.You are NOT permitted to bring prepared spreadsheets to exams. Anything used on a spreadsheet in an exam must be creaded during the exam.