COURSE DESCRIPTION

COURSE SYLLABUS

BUSPT 321 Financial Management

Instructor, Craig Campbell, MBA.

CATALOG COURSE DESCRIPTION: Business Division, Professional Technical: BUSPT 321 Financial Leadership This is a non-accredited, Professional-Technical course offering practical job skills for which you will receive a Certificate of Completion, but not transcripted credit. This course offers an executive perspective on financial challenges facing companies. Class sessions will rely heavily on case studies to develop an overview of finance and accounting from a general management perspective and to help to increase analytical skills. Emphasis will be on the interplay of operating decisions as leverage to control financial results. Each evenings class is 3 hours, from 6:00 to 9:00pm.

INSTRUCTOR

Name:Craig Campbell, MBA.

Office:106 E. Park Ste. 227, Academic Center

Office Hours:By Appointment in Academic Center

Phone:McCall College Desk is (208) 634-3456

E-Mail:bmoore@mccallcollege.org

Office Hours: My office hours are Mondays and Wednesdays, 9:30am to 2:00pm; and Tuesdays, 10:00am to 1:00pm. All meetings are by scheduled appointment only. Please call ahead for appointment. If I dont pick up, be sure to leave a name and phone number, I will try to return calls within 24 business hours.

COURSE PREREQUISITES

1. BUSPT 101 Intro to Entrepreneurship

2. MATHPT 130 Math for business

3. CITPT 113 & 213 Microsoft Office 2013

REQUIRED TEXT BOOKS & Resources

1. Higgins, Robert C., (2009). Analysis for financial management (9th ed.), Boston, McGraw-Hill Irwin.

2. Harvard Business Press Cases: Hampton Machine Tool, Deutsche Brauerei, and Friendly Cards; plus one other Harvard case which will be chosen/assigned as Project 1 in class.

2. Supplemental articles will be handed out in class.

3. You must bring to class a financial calculator or be prepared to use Excel on your laptop. Many of the textbook notations are formatted for a Texas Instruments calculator.

RECOMMENDED TEXT RESOURCES

1. Block, P. (2000). Flawless Consulting: a guide to getting your expertise used (2nd ed.). San Francisco: Jossey-Bass. Contains several checklists for consulting practice use.

2. Brightman, H. (1985). Statistics in Plain English. Cincinnati, South-Western Publishing Co.

3. Brightman, H. (1998) Data analysis in plain English with Microsoft Excel. Cincinnati, South-Western Publishing.

4.

INTERNET RESOURCES

1. StatSoft, Inc. (2011). Electronic Statistics Textbook. Tulsa, OK: http://www.statsoft.com/textbook/.

2. 12manage.com

ASSIGNMENTS

Your grade for this course will be based on a combination of the following activities. Completion of each of the following tasks will result in the accumulation of up to 200 possible class points:

1. Class Participation 20 class points.

2. Chapter Quizzes Quiz points worth of a class point each, 60 quiz points = 30 class points.

3. Home Work Assignments HW points worth 2/3 of a class point each, 90 points = 60 class points.

4. Friedman Paper 20 class points (see writing rubric).

5. Group Project 1: Team Project: Case study: as assigned to each team 45 class points (see oral communication rubric).

6. Final Exam: Analysis of an individual case study - 25 points.

PAPERS: Please write your papers in a style which optimizes clarity and simplicity (double space is good!).

CLASS SESSION SCHEDULE

This is a tentative syllabus. Activities, expectations, and schedules are subject to change without notice.

Date / Session#

Text Chapter

Due by Class time

August 27 Monday

#1

Chp 1 & 2

Have read chapters 1 & 2 Assessing Financial Health

In class quiz chp 1-2

Intro to What financial tools are in my financial toolbox?

Sept 4 (Tuesday)

#2

Chp 3 & 4

Have Read chapters 3 & 4 Planning Future Performance

Have Read Hampton Machine Tool Case

Have Read Handout: Block Consultative Implementation

Whats wrong w/my company? Order of diagnostics.

In class quiz chp 3-4

Class Exercise: Hampton Machine Tool

Email Chp 3 problems: 6, 7 on p. 116

Email Chp 4 problems: 2, 6 on p. 148-149

Sept 10 Monday

#3

Jack is To be confirmed

Chp 5

Jack Precht

Zions Commercial Bank Officer

Have read chapter 5 Financing Operations

In class quiz chp 5

In class case / projects

Email Chp 5 problems: 2, 6, 8 on pp. 200-202

Friedman paper Due Today

Sept 17 Monday

#4

Chp 6

Have read chapters 6 Financial Decisions

Have read Deutsche Brauerei. Ready to discuss.

In class quiz chp 6

Email Chp 6 problems: 2, 4, 6, 12 on pp 241-244

Sept 22 Saturday

#5 & 6 Rick is To be confirmed

Chp 7

Rick Youngblood

Banker, Legislator

Have Read Chapter 7 Time Value Cash

In class quiz Chp 7

Email Chp 7 problems: 6, 7 on p. 291

Sept 24 Monday

#7

Chp 8

Have read chapters 8 Investment Risk Analysis

In class quiz chp 8

Email Chp 8 problems: 4, 8 on pp. 342-343

Balance of time available for group project presentation

October 1 Monday

#8

Chp 9

Group Prep: Case Presentations

Have read chapters 9 Business Valuation / Restructuring

Have read: Friendly Cards Ready to discuss

In class quiz chp 9

Email Chp 9 problems: 3, 4, and 6 on pp. 390-393

In-class group case preparation

October 8 Monday

#9

Project 1: Case Study

Presentations

Group A: John M Case: Students #1,2,3 GroupPresentations

Group B: Seagate: Students #4,5,6

Group C: CommercFixt: Students #7,8,9

Group D: Dynatronic: Students #10,11,12

Group E: Fonderia: Students #13,14,15

Group F: Sealed Air: Students #16,17,18

October 15 Monday

#10

Diagnostic Review

Exam

Part I: How do I start diagnostic of my companys financial position?

Part II: Exam

Tentative Schedule: While this addresses the basic structure, Instructor retains the right to make changes to this schedule.

Wrong Answers in Higgins 9th edition:

Chapter 3, Problem 7: to make this problem work you need to use the answers to problem 6 according to the assumptions provided for problem #6 (e.g. 25% Growth in Net Sales, etc.) which is stated in Table 3.5 on page 101. Then in the instructions to problem #7, page 116, as you extend your forecast to 2010, use the new assumptions (e.g. 30% Growth in Net Sales, etc.) for the balance of 2010. Change R&E Supplies Assumptions for 2009 ($ in thousands) to R&E Supplies Assumptions for 2010 ($ in thousands) You will find it helpful in the real world to forecast multiple years with variant expectations for each year.

Project 1: Group Report: in teams of 2 to 4 students, you will take on the role of consultants to the Board of Directors of company whose prepared case study is assigned by the instructor. You will analyze and diagnose a company as a group and present to the class the financial support for your considerations and conclusions. Report what the primary learning is that resides in your case. Why did Harvard Business Press choose this company for analysis? As an individual, you are required to write a one to two page executive summary report which may differ from your team partners. Identify and support variances in your report.

In addition to the printed case provided, you may wish to conduct additional research about the company which may include, but is not limited to, reports in the business press, citations in books and scholarly journals, company reports and documents, governmental reports (10Qs and 10Ks at edgar.gov). 45 total class points possible

For Project #1 your presentation should cover the following:

1. A clear company overview and clearly stated research question for this case study.

2. Be professional, scholarly and objective; this is not a time for speculation you may be challenged.

3. In your conclusion, identify YOUR assessment of this corporation, and what you might offer/suggest as a consultant. Are your suggestions sustainable? Defend your conclusion.

4. Be prepared to answer questions from classmates as if they are your consulting clients intending to wring every possible benefit from your study of their company.

5. Grading question: Did this presentation have the depth of research, the focused directive, and the quality of presentation that a CEO paying a consulting fee, expects of a presenter/consultant?

Project: Milton Friedman Paper20 class points possible

The Milton Friedman Paper is a three to four page (excluding Title & References) individual paper regarding your emerging philosophy of Financial Leadership. In this comparative paper meant for an audience of scholarly peers (meeting APA requirements), you will evaluate Friedmans perspective through a style of comparison and contrast. Please note other practices and theories that either support or contrast your own espoused theory or theory-in-use. The paper should briefly explore your academic rationale for your response to the debate of shareholders vs. social responsibility and any anticipated benefits or pitfalls from doing so. In this assignment, personal reflection is secondary to the primary exploration of academic comparison and contrast of theories.

You must cite your sources whenever you quote or otherwise refer to the ideas of others.

Submit to instructor as a Word document attachment to bmoore@mccallcollege.org

Final Exam: Case Study 25 class points possible

In the final class session, the instructor will present you with a case study which you will follow the same procedures as you have with the case studies during the class. After acquainting yourself with the case, you will analyze the available data, identify issues, propose a diagnosis, and recommend a course to resolve the multiple issues present in the case. You will NOT have internet available, but you will be allowed no less than 2 hours, with open book, and open notes resources available to you. You will be graded on (a) a textual write up of your diagnosis and recommendations for the case study as well as (b) the financial analysis (choosing appropriate ratios, executing the calculations properly, and applying the ratios properly). Do not spend time re-stating the facts of the case other than to consider the factors in your diagnosis. The instructor expects there will be some frustration with you only having access to the information given in the case study material. Assume that you must work with the information at hand. You will be evaluated on the content and quality of your report in relation to the limited information you received.

Format of the written report. Provide a one page Executive Summary as front page. Use the following pages to interpret the executive summary. Place additional data, reports, graphs in the attached back pages. Length of paper? Cover the material!

ASSESSMENT AND EXAMINATIONS

Participation In Class will be assessed for quality of preparation and application of course content to subject discussion.

Exam will consist of [True/False, Multiple Choice, Essay, Proficiency Demonstration] questions. They will be closed notes and closed book. Makeup exams will not be given for reasons other than illness (confirmed in writing by a physician).

Surveys, Evaluations, and Assessments are a student requirement as part of this class.

Accreditation and Transferability This course is a non-accredited, Professional-Technical course offering practical job skills for which you will receive a Certificate of Completion, but not transcripted credit.Emergency Information: In case of medical emergency, natural or other disaster, McCall College faculty are required to maintain their cell phones in an on status. The City of McCall maintains a 911 system for all FIRE POLICE AMBULANCE services and should be contacted in case of emergency. If outside of McCalls city limits, emergency calls may be made to Valley County Sheriffs Department (208) 382-7150. All building ingress and egress doorways shall remain unlocked during class hours.College Outcomes You may notice that many of the various courses have similar sounding Goals: McCall Colleges intention is to build whole persons through the wide range of courses it offers. Therefore, you will find these courses do not stand in a vacuum of their own learning, but strongly relate to all other courses in your series of classes, and to the world in which we live. It is our intended outcome that students will grow toward high levels of maturity: demonstrating ethical behavior, loving and respecting others, offering grace and compassion as they have received it, and building up the community that we all share. Outcome rubric is available upon request. Academic Excellence: McCall College students will demonstrate a broad understanding and appreciation of the liberal arts, and develop expertise in a chosen field of study and profession. It is the colleges hope that students will develop a continual curiosity and hunger for knowledge in greater breadth and depth, achieving their greatest potential throughout lifelong learning. Social Responsiveness: McCall College students will be faithful stewards of their knowledge, skills, and resources, and be agents of social justice to all their community of practice. They will show compassion for people of all races, creeds, and cultures, and identify with and advocate for those in needlocally and globally.

Cell Phones and Digital Devices: The default rule at McCall College is that all cell phones and digital devices must be turned off and put away during class. Only emergency calls that are expected are acceptable if the professor has been notified that one might be coming. Any email or IM or Facebook or similar programs must not be running during class. WiFi is to be turned off unless you are researching a class item at the prompt of the professor. Any messaging (receiving and being distracted as you glance at it or sending) will result in the student being asked to leave the class and the student being marked absent for the class session. Each class and each instructor are allowed to set their own standards regarding usage of digital media.

Missed Classes. You are allowed by departmental policy to miss a maximum of eight hours of this course. For this course there will be no penalty or makeup assignment for up to four hours missed. Students missing more than four hours will need to arrange a makeup assignment with the course instructor (note: this is the students responsibility). Failure to arrange and submit the additional assignment will result in a deduction of 20 points from your total score.

Late Papers. Punctuality is a virtue McCall College intends to support. Instructors may choose not to accept late assignments at all. Instructors, at their discretion may elect to accept papers, but subject grading to a 10% or 1 grade reduction. Papers more than 10 days late will not be accepted without prior arrangements from the instructor.

Statement on Academic Honesty from the Student Handbook: Course submissions are assumed to be the students own work and newly developed for this course. Plagiarism is defined as representing the words or ideas of another as ones own in any academic exercise. One who facilitates this activity is equally responsible with the primary violator. Penalties for plagiarism will be enforced according to the guidelines found in the Student Handbook at http://www.mccallcollege.org. Collaboration assignments must reflect individual contribution.

Class Attendance Attendance is required for this class. If an absence is unavoidable, phone notification or voice message is preferred, e-mail is acceptable but not preferred.

Participation: will be evaluated on your contribution to class discussions. We will frequently begin class with a discussion. Sometimes I will ask for volunteers and other times I will call on people randomly, you must be prepared for every class. Student participation will be expected to be of a proper business attitude. Lets be gracious to one another. Instructor reserves the right to adjust grade for improper attitudes.

Copyright Statement: McCall College, a non-profit educational institution, is entitled by law to use materials protected by the US Copyright Act for classroom education. Any use of those materials outside of the class may violate the law.

Disability Services Information:If you have specific physical, psychiatric, or learning disabilities and require accommodations, please contact the Student Services personnel as early as possible so that your learning needs may be appropriately met. You will need to provide current documentation of your disability to the Student Services Office. For more information, go to Student Services or call (208) 634-3456.

The Writing Center: The Writing Center, located in the first floor Student Services Center, is available by appointment with tutors who have graciously volunteered their time. Students and Instructors are invited to contact the Writing Center for feedback on writing projects, citation assistance, or other writing-related issues. Inquiries should be directed to the English / Creative Writing department. Ask about a tutor for Writing Center assistance or call (208) 634-3456.

Reading Assignments

Assigned reading for each week is posted on the Course Schedule

Reading should be completed before class so that you may participate fully in the discussion

1. Required: essential for full participation in classroom discussion and exercises. Required reading assignments are listed in the class session pages.

2. Initiative: you are encouraged to discover and share additional sources of pertinent input. Articles you may find in peer reviewed journals in the www.lili.com library databases may provide the most current thinking on many of the topics we will be discussing. These are meant to provide enrichment and may contain useful resources for your research papers. Optional articles are not listed on the Course Schedule.

3. Persistence: you are expected to find a way to work around seeming roadblocks to learning.

4. Resourcefulness: you are expected to creatively search for sources of information to support the learning and share with others. For academic honesty, remember to provide credit through full citation data.

COURSE GRADES Attendance/Participation30%

Assignments20%

Quizzes10%

Exams40%

A90% or better

B80

C70

D60

NBStudent did not attain minimum benchmark

Instructor retains the right to adjust the grading schedule.

Evaluation and Grading

Following are the criteria that will be used to assign points to each of the major assignments. Each column shows the points that will be awarded based on the maximum points possible.

Grading Standard

Points

Superior

= A Grade

Work is among the best in class, exceeds standard

Projects accurately use appropriate tools and techniques, and generate results that are based on sound and complete analysis. Successfully and thoroughly address stated project goal (achieve what they said would be achieved)

Papers are comprehensive, accurate in content, well researched, and extremely well written. Effectively use and cite significant, appropriate resources (where appropriate). Writing is precise and accurate.

Presentations actively and continuously involve the class and facilitate significant learning using innovative and creative methods. Accurately researched using solid resources.

90%+

Good = B Grade

Work is done to class standard

Projects are complete and for the most part (but not entirely) use appropriate tools and techniques. Come to sound results regarding project goal, but show room for improvement (do not achieve all that was planned)

Papers are well written with no significant errors and are accurately based on texts and assigned readings with some use of additional resources.

Presentations actively involve the class using standard methods and activities resulting in effective learning.

80 89.9%

Acceptable

= C Grade

Work is significantly below class average

Projects inaccurately use tools and techniques, or fail to accurately accomplish stated project goal.

Presentations do not actively involve the class or fail to go beyond simply restating material obtained through minimum research.

Papers are incomplete, contain errors, do not accurately apply concepts from texts, or fail to have adequate or accurate references.

70

79.9%

The final class grade will be based on the total points earned. The minimum number of points required for each letter grade is as follows:

Business Division, BUSPT 321 Financial Management

Page 1

This is a tentative syllabus. Activities, expectations, and schedules are subject to change without notice.

Learning Objectives / Skills / Benchmarks

For the BUSPT 311 Financial Management

The successful student will:

1. Understand the source and use of a broad range of diagnostics for controlling financial outcomes.

2. Be confident of use of Discounted Cash Flow Projection & Regression Analysis

3. Be confident of use of Internal Rates of Return

4. Be confident in the use of Net Present Values and Future Values

5. Learn and use concepts of Sustainability

6. Have command of recognizing Market Signaling

End of Student Syllabus McCall College BUSPT 311 Financial Management.