UNIVERSITY OF NORTHERN BRITISH COLUMBIA

BUSINESS PROGRAM

 

COMM 220

Financial Management I

Fall 2014

 

Professor:         Jing Chen                                      Telephone:            960-6480

Office:              10-4534, T&L                               Class Time:           R, 8:30-11:20

                                                                                                             

Office Hours:   T, 9:00-11:00                                Class Location:     7-158

                         (or by appoint.)                              Email:                   chenj@unbc.ca

Web site           http://web.unbc.ca/~chenj/course/syllabus220.htm

 

COURSE OBJECTIVES

 

Corporate finance encompasses all of firm’s decisions that have financial implications. A firm’s actions can generally be categorized as decisions about investment, financing and dividend distribution. In this first course of corporate finance, we will introduce the basic concepts and discuss investment decisions.

 

PREREQUISITES for this course are COMM 100, COMM 210 and ECON 205 or MATH 242.

 

REQUIRED TEXTBOOK

 

Fundamentals of Corporate Finance, Ross, Westerfield, Jordan and Roberts, Eighth Canadian Edition

 

 

COURSE EVALUATION

 

Mid-term                                          40%

Final Exam                                      50%

Class Participation                           10%

            Total                                               100%

 

Mid-term examination will be held during normal class time.

 

Class participation will be based upon the quality of contribution to class discussions, mostly on the number of times one comes up to do assignment questions. 

 

 

 

 

 

 

Tentative course outline:

 

Week

Dates

Topic

Chapter(s)

1

Sept 4

Introduction to Corporate Finance

Chapter 1

2

Sept 11

Financial Statements, Cash Flow, and Taxes

Chapter 2

3

Sept 18

The Time Value of Money

Chapter 5

4

Sept 25

Discounted Cash Flow Valuation

Chapter 6

5

Oct 2

Discounted Cash Flow Valuation

 

6

Oct 9

Interest Rate and Bond Valuation

Chapter 7

7

Oct 16

Midterm exam

 

8

Oct 23

Stock Valuation

Chapter 8

9

Oct 30

Net Present Value and Other Investment Criteria

Chapter 9

10

Nov 6

Project Analysis and Evaluation

Chapter 11

11

Nov 13

Project Analysis and Evaluation

Chapter 11

12

Nov 20

Working with Financial Statements

Chapter 3

13

Nov 27

Review

 

TBA

Final exam

 

All PowerPoint slides can be found at

http://web.unbc.ca/~chenj/course/220/

 

Please note that the above course outline is tentative. Although the major topic areas will be covered, the detail and extent of coverage will depend on the pace at which the class progresses. Financial calculator is required in the classroom.

 

Class attendance is not taken. Computers and cell phones are not allowed in the classroom. The textbook is an excellent source of knowledge and information. Those who are absent from some classes can read relevant chapters in the textbook.