Financial Management
COMM 725
[Fall] 2018
INSTRUCTOR:
Jing Chen
E-MAIL:
chenj@unbc.ca
OFFICE
LOCATION:
OFFICE
HOURS:
TELEPHONE
NUMBER: 250-960-6480
CLASS LOCATION:
WEBSITE: www.unbc.ca/commerce
Information
regarding the School of Business at UNBC can be found at: http://www.unbc.ca/commerce
COURSE
DESCRIPTION
Case analysis and class investigation of "live
cases" are used to explore managerial issues in finance, including
financial forecasting, management of working capital, business and share price
valuation, capital structure and development of long-term finance. Depending on
class interests, more specialized topics like dividend policy, mergers and
acquisitions, use of derivatives and financing high-technology ventures are
covered.
COURSE
LEARNING OBJECTIVES
Upon
successful completion of the course, students will be able to:
1) Understand and communicate financial issues in a given
business complexity,
2) Apply appropriate financial strategies by doing rigorous
analysis of several real world case studies,
3) Develop management choices based on financial evidence
that create value to an organization, and
4) Evaluate strategic financial decisions.
REQUIRED
TEXT AND READING MATERIALS
Text book: Corporate Finance; Beck, DeMarzo, and
Stangeland; 3rd Canadian Edition, Pearson
Case studies from Ivey Publishing:
1. Encana Corporation: The
Cost of Capital (9B07N002)
2. Altagas Ltd.: Acquisition
of Decker Energy International (9B17N022)
3. Facebook, Inc.: The Initial
Public Offering (9B12N031)
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COURSE
ASSIGNMENTS, EXAMS AND GRADE WEIGHTING |
||
|
Individual
Assessment |
Due
Date |
Grade Weight |
|
Case Study Assignment (2
cases) |
Oct & Nov 2018 |
40 |
|
Project report and
presentation |
Dec 2018 |
40 |
|
Class participation |
|
20 |
|
Total |
- |
100% |
ASSURANCE
OF LEARNING GOALS AND OBJECTIVES
The
School of Business has been working on curriculum mapping to align our
offerings with the vision of “Fostering Business Leadership with a Global
Vision in the North and Beyond” and to maintain our high quality of Business
education at UNBC. Toward this end, the school has set
the learning goals and objectives listed below for the MBA program.
|
Learning Goals |
Learning
Objectives |
Goals and objectives addressed in COMM 725 |
Assessed by |
|
Communication |
1. Produce a systematic,
concise and logical piece of written communication |
* |
|
|
2. Create and conduct a
clear and effective oral presentation |
* |
|
|
|
3.
Generate new and original ideas |
* |
|
|
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4.
Prepare an effective presentation of data |
|
|
|
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Global
Leadership Skills |
1. Apply a global
perspective to business problems |
* |
|
|
2.
Demonstrate how to inspire people |
|
|
|
|
3. Determine how to manage
and lead a team |
|
|
|
|
4.
Use new ideas |
* |
|
|
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5. Express how to
diplomatically interact (act) with people |
|
|
|
|
Critical
Thinking |
1.
Analyze business situations |
* |
|
|
2. Explain the cause and
effect of business actions |
* |
|
|
|
3.
Investigate the veracity of business data |
|
|
|
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4.
Determine how to achieve business goals |
* |
|
|
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Social
Responsibility |
1. Demonstrate the
importance of SR (economic, social and environmental) |
* |
|
|
2. Produce business
solutions that support stakeholders |
|
|
|
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3. Recognize the role of
ethics in business practices and social responsibilities |
* |
|
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Use
of Technology |
1. Use appropriate
technological tools for computation of business problems |
* |
|
|
2. Use systematic
valuation methodology to identify relevant systems for businesses |
* |
|
|
|
3. Apply technological
tools for data analysis and business decision |
* |
|
|
COURSE SCHEDULE |
|
Date |
Topic |
Reading
material |
|
September |
Capital
structure |
Chapter
17 |
|
|
Business
valuation |
Chapter
21 |
|
|
Application
of the topics |
Case
# 9B07N002 |
|
|
|
|
|
October |
Debt
and taxes |
Chapter
18 |
|
|
Financial
modeling for business cases |
Chapter
22 |
|
|
Debt
financing |
Chapter
24 |
|
|
Application
of the topics |
Case
# 9B12N031 |
|
|
|
|
|
November |
Option
valuation |
Chapter
15 |
|
|
Real
Options |
Chapter
16 |
|
|
Risk
management |
Chapter
30 |
|
|
Application
of the topic |
Case
# 9B17N022 |
|
|
|
|
|
December |
Mergers and
Acquisitions |
Chapter
28 |
|
|
Payout
policies |
Chapter
20 |
|
|
Individual
presentation |
|
GROUP PROJECT
DESCRIPTION AND REQUIREMENTS
Choose
a topic you are interested or familiar with. Give a presentation and write a
report. Presentation time: One person, twenty minute; Two persons, thirty
minute; Three persons, forty minute.
GRADE
SCALE
UNBC
Graduate School does not issue grades in the C & D range (that is, the only
grade below a B- grade is an F grade). See UNBC Graduate Calendar, General
Academic Regulations, section 15 for UNBC Grading System Information for
further details.
Academic
Misconduct
It
is the student's responsibility to be aware of UNBC's Academic regulations,
policies and procedures as described in Section 24 of the Graduate General
Regulations and Policies in the Graduate Academic Calendar. Please refer to the
UNBC website. Any conduct that violates the standards of the University as set
out in the Graduate University Calendar, particularly those related to academic
honesty, is a serious offense. The formal processes set out in these
Regulations are to be followed.
|
RESPECT |
Please demonstrate respect to your fellow classmates who express
their thoughts and explore new ideas in the course.
ETHICAL
STANDARDS
The
following behaviors are considered unethical:
- Telling the instructor that you
"need" a certain grade
- Asking for extra assignments for
the purpose of raising a grade
- Asking that the grade be raised
because it is very close to the next higher grade
- Asking that the grade be raised
because you did very well on one part of the course or grading
Scheme
- Asking for a higher grade because
you don't like the grading scheme
- Asking to be allowed to turn in an
assignment/project late - even a few minutes late - because of
problems in computer and/or printer or
any other reasons
- Asking to be treated better than
other students by making an exception to the rules
- Asking for any other unfair
advantage in grading
|
ACCESS RESOURCE CENTRE |
If there are students in this course who, because
of a disability, may have a need for special academic accommodations, please
come and discuss this with me, or contact staff at the Access Resource Centre (arc@unbc.ca) located in the Teaching and
Learning Centre, Room 10-1048 on the main campus. Students can also call the
ARC at (250) 960-5682. Regional students can call the Centre toll-free at
1(888) 960-5682.
ACCESS
SUCCESS CENTRE
The
Academic Success Centre offers support for mathematics, writing, study skills,
physics, statistics, commerce and economics. Services are available
through one-to-one tutoring at the centre (room 10-2584, second floor of the
Teaching and Learning Building), drop-in writing support is available on the first
floor of the Library, and drop-in mathematical support is available at MACE
(room 10-2088). Peer-led supplemental sessions are held for select courses
– more information will be announced in your classes. In addition, online
support, including online writing tutoring, is available through the website at
www.unbc.ca/asc. All
ASC services are Free to UNBC students! ASC us!