Embed Size (px)
Citation preview
RYERSON UNIVERSITYSchool of Business Management
FIN ENT 510 Fall 20102011
Entrepreneurial Finance for Entrepreneurs
Class Time Tuesday 1000 am to 100 pmOffice Hours Tuesday 100 pm to 200 pm or by appointmentInstructor Scott Anderson e-mail s2andersryersonca Office Ph 979-5000 ex 6714Office RBB 1-079
Course Objectives and Description
This course builds upon what you have learned in Finance 300 and Finance 401 The course will focus on the financial issues that are of particular significance to the entrepreneur For instance we will examine in detail the entrepreneurrsquos choices for the form of her business The course will also examine the financial skills that are necessary for an entrepreneur to succeed For instance we will consider how entrepreneurs can most efficiently raise funds for their businesses
This course will build upon the concepts and techniques that students mastered in Finance 300 and Finance 401 It will examine these concepts in more depth and from a different perspective that of the entrepreneur
Course Materials Required Text Entrepreneurial Finance Third Edition J Chris Leach and Ronald W Melicher South-Western 2009 (LM) and Venture Capital and Finance of Innovation Andrew Metrick (M)
Required Daily reading of the Financial Post or Globe and Mail
Required A financial calculator A financial calculator may be very helpful
Other materials will be handed out in class put on reserve in the library placed on Blackboard or will be available off the web including the textbook website
Student Evaluation - There will be one term midterm examtest worth 3020 of the total grade The term test will be done in class There will be a final exam worth 570 of the total grade Material covered in class along with materials assigned from the text or otherwise assigned will be examinable Sometimes material taught in class is not covered in the text and vice-versa Students will also have 3 short assignments each worth 10
During the term students will be assigned problems and cases for which they are expected to prepare solutions The students will be expected to discuss their solution with their classmates Class contribution also involves attending class listening attentively and asking
1
thoughtful questions A make-up test will not be given Students who do not attend the term test will receive a
grade of zero for that test unless they produce a doctors certificate attesting to their inability to attend the test If students do not attend the term test and produce the necessary doctors certificate the final exam will account for 7100 of the studentrsquos final grade Students who do not attend the final exam will receive a grade of zero If you do not attend the final exam and if you produce the necessary doctors certificate you will need to write the final exam at a later date in order to pass this course
For the term test and the final exam you may use one 85 11 assistance sheet The assistance sheet may contain any material that you may find useful You must put your name and student number on the assistance sheet and hand it in at the end of the exam Personal computers are not permitted Regulations concerning conduct during tests and exams are contained in the Code of Student Conduct and the Ryerson Calendar
Method of Instruction - A combination of lectures discussions and problem solving You will find that I encourage questions or answers from my students I will encourage you to think analyse evaluate and problem solve not memorize
Class Preparation - I hope that you will find that any and all readings cases and problems assigned for class will be helpful to you during that class I will try to draw on whatever material has been assigned for that class
I will assume that you have prepared for your classes and I invite you to come to me during office hours if you have had any problems with the preparatory material
I advise you to attend class since material covered in class may not be otherwise covered in the materials and because concepts discussed in the materials will be developed in class I do expect that you will be on time when you attend class If for any reason you know beforehand that you will not be on time for class please contact me to tell me so
Please note that the topic order will be as stated below but if we get off schedule the dates may get backed up I reserve the right to add or subtract readings and other forms of class preparation from the above schedule Course evaluation will be as stated
2
Course Management I will generally not use any slides or overheads Instead I will make extensive use of the whiteboard If you miss a class it will be necessary to get the notes from a classmate In addition I will only open e-mails that come from a Ryerson Account and include information about the content of the e-mail in the subject line Therefore when you send me an e-mail you should include in the subject line of your e-mail message the following
Finance 510 Fall 2010 Section 011 (subject)
For instance the subject line of your e-mail may read
Finance 510 Fall 2010 Section 011 need help with Chapter 15 Problem 20
I will try to respond to studentrsquos e-mails within 2 business days I will not be responding to studentrsquos e-mails in the evenings or on the weekends If you have not received a response within 2 business days please send me a follow-up e-mail or drop by and see me at the office
Each week students should be doing the quiz questions and the questions and problems for each chapter of the textbook on their own after class If after attempting the questions or problems you are having difficulties please come and see me
The class schedule is tentative and subject to change
3
Course Outline and Schedule - Fin 510 - Fall 2010Please note LM refers to `Entrepreneurial Finance M refers to lsquoVenture Capital
Week Date Topic and Textbook Material
1 Sept 7 Introduction to Finance 510The Six Most Important Concepts in FinanceHow does entrepreneurial finance differ from corporate financeIntroduction to Options
1 M Chapter 13 Qs 1 to 42 LM Chapter 1 Qs 1 to 7
Additional Questions as assigned
2 3 Sept 14 21 Binomial Option PricingKey Elements of a Business Plan
1 M Chapter 22 Qs 1 to 4 2 LM Chapter 2 Qs 1 to 8
Additional Questions as assigned
4 Sept 28 Financing a New Venture and Game TheoryReadings and Questions
1 M Chapter 23 Qs 1 to 4 2 LM Chapter 3 tbd
Additional Questions as assigned
5 Oct 5 Real Options Why they are important Readings and Questions
1 M Chapter 21 Qs 1 to 42 M Chapter 24 Qs 1 to 4
Additional Questions as assigned
6 Oct 12 Financial Forecasting and Assessing Financial NeedsReadings and Questions1 LM Chapter 4 and Chapter 5LM Chapter 4 Qs 1 to 9 Chapter 5 Qs 1 to 10 Additional Questions as assigned
4
7 Oct 19 Financial Planning Short Term and Long TermReadings and Questions
1 LM Chapter 6 Qs 1 to 10Additional Questions as Assigned
8 Oct 26 Mid-term
9 Nov 2 Valuation Introduction Readings and Questions1 LM Chapter 7 Qs 1 to 15 and Chapter 9 Qs 1 to 7
Additional Questions as Assigned
10 Nov 9 Valuation Continued1 LM Chapter 10 Qs 1 to 112 M Chapter 17 Qs 1 to 4
Additional Questions as Assigned
11 Nov 16 Professional Venture Capital Readings and Questions1 LM Chapter 11 Qs tbd2 M Chapter 2 Qs 1 to 4 Chapter 3 Qs 1 to 3 Chapter 7 and Chapter 8Additional Questions as Assigned
12 Nov 23 Other Financing Alternatives and Security StructuresReadings and Questions
1 LM Chapter 12 Qs 1 and 2 and Chapter 13 Qs 1 to 16
2 M Chapter 9 Qs 1 and 2 and Chapter 16 Qs 1 to 4
Additional Questions as Assigned
5
13 Nov 30 Exit and Turnaround StrategiesReviewReadings and Questions1 LM Chapter 14 Qs 1 to 7 and Chapter 15 Qs 1 to 5Additional Questions as Assigned
TEACHING METHODSThis course is taught using a combination of lectures and problem solving The goal is to encourage you to think analyse evaluate and problem-solve not memorize Answers to assigned questions will not be posted on Blackboard If you are unable to solve the assigned problems please drop by and see me and we will go over the problem
Every effort will be made to manage the course as stated However adjustments may be necessary during the term at the discretion of the instructor If so students will be advised and alterations will be discussed prior to implementation Students will be informed of any alterations by email andor announcements on blackboard
Class PreparationIt is assumed that you will prepare by reading the assigned chapters before you come to class Students are responsible for all of the problems at the end of the chapters You are advised to attend class and to ask questions since the concepts discussed in the reading material will be developed in class Also material covered in class may not be otherwise covered in the reading materials
ACADEMIC INTEGRITY Students are required to adhere to all relevant University policies such
as the Student Code of Academic Conduct University regulations concerning unacceptable academic conduct (cheating plagiarism impersonation etc) will be followed Refer to the following online documents
o Student Code of Academic Conduct httpwwwryersoncaacadcouncilcurrentpol60pdf
o Student Code of Non-Academic Conduct httpwwwryersoncaacadcouncilcurrentpol61pdf
o Statement of Student Rights and Responsibilities httpwwwryersoncaacadcouncilstudentrightspdf for
more explanation
Plagiarism is a serious academic offence and penalties range from zero in an assignment all the way to expulsion from the university Students should review the guidelines regarding academic misconduct - visit the Academic Integrity website for more information at
6
httpwwwryersoncaacademicintegrity They should ensure that they understand the conventions for referencing sources in footnotes and bibliographies In addition to citing quotations from all sources whether from written materials interviews or electronic networks students must credit with footnotes or in-text references all facts and ideas that are not their own EVEN IF THEY ARE IN YOUR OWN WORDS If you do not it is considered plagiarism In any academic exercise plagiarism occurs when one offers as onersquos own work the words data ideas arguments calculations designs or productions of another without appropriate attribution or when one allows onersquos work to be copied (See the Ryerson Library for APA style guide references httpwwwryersoncalibraryrefstylehtml)
It is assumed that all examinations and work submitted for evaluation and course credit will be the product of individual effort except in the case of team projects arranged for and approved by the course instructor Submitting the same work to more than one course without instructorsrsquo approval is also considered plagiarism
Students who have committed academic misconduct will at a minimum receive a ldquo0rdquo on the work and an instructor may assign an ldquoFrdquo in the course The Academic Integrity Seminar may also be assigned Students will have the notation Disciplinary Notice (DN) placed on their academic record and official transcript The notation shall remain until the students graduate or for eight (8) years whichever comes first If you receive this in the first half of your program you may undergo a petition process to have it removed in your last year
Students who commit academic misconduct a second time shall be placed on Disciplinary Suspension (DS) for up to two years at which time they may apply for reinstatement to a program The designation DS shall be placed on their permanent academic record and official transcript The notation shall remain until students graduate or for eight (8) years whichever comes first
Disciplinary Withdrawn standing (DW) shall be permanently noted on studentsrsquo academic records and official transcripts
Expulsions shall be permanently noted on studentsrsquo academic records and official transcripts
o NOTE Students may not drop a course when they have been notified of the suspicion of academic misconduct If a student attempts to drop the course the Registrarrsquos office will re-register the student in that course until a decision is reached
7
When an instructor has reason to suspect that an individual piece of work has been plagiarized the instructor shall be permitted to submit that work to any plagiarism detection service
CHEATING ON AN EXAM OR TEST Ryersonrsquos Examination Policy requires that all students have a valid student identification card or other photo identification on their desk at all times when taking an examination If it is suspected that someone is impersonating a student the photo identification of that person will be checked and the person will be asked to sign the exam paper for further verification If it is suspected that the identification is not valid students may be asked to provide alternate photo identification Security may be called if circumstances warrant
E-MAIL ACCOUNTSStudents are required to activate and maintain a Ryerson Matrix e-mail account This shall be the official means by which you will receive university communications See wwwryersoncaacadcouncilcurrentpol157pdf
ACCOMODATION OF STUDENTS WITH DISABILITIESIn order to facilitate the academic success and access of students with disabilities these students should register with the Access Centre httpwwwryersoncaaccesscentreindexhtml
They should also inform their instructor through an ldquoAccommodation Form for Professorsrdquo that they are registered with the Access Centre and what accommodations are required
STUDENT RESPONSIBILITIES IN ACADEMIC APPEALS Students should read the Undergraduate Academic Consideration and
Appeals policy at wwwryersoncaacadcouncilcurrentpol134pdf It is the studentrsquos responsibility to notify and consult with either the
instructor or the ChairDirector of the teaching departmentschool depending on the situation as soon as circumstances arise that are likely to affect academic performance It is also the studentrsquos responsibility to attempt to resolve all course related issues with the instructor and then if necessary with the ChairDirector of the teaching departmentschool as soon as they arise An appeal may be filed only if the issue cannot be resolved appropriately Failure to deal with a situation as soon as it arises will jeopardize any appeal
Students who believe that an assignment test or exam has not been appropriately graded must review their concerns with their instructor within 10 working days of the date when the graded work is returned to the class
STANDARD FOR WRITTEN WORK Students are expected to use an acceptable standard of business communication for
all assignments You are encouraged to obtain assistance from the Writing Centre
8
(httpwwwryersoncawriting-centre) for help with your written communications as needed See the Ryerson Library for APA style guide references online at httpwwwryersoncalibraryrefstylehtml
LATE ASSIGNMENTSStudents must submit assignments on time Failure to do so will result in a penalty of a grade of zero All assignments submitted for grading will be handed back within two weeks except for the final exam
MISSED TERM TESTFINAL EXAMYou need to inform your instructor of any situation which arises during the semester which has an adverse effect on your academic performance and you must request any necessary considerations or accommodations
A doctorrsquos certificate is required to substantiate illness See httpwwwryersoncaacadcouncilOtherhtmlmedicalpdf for the required Ryerson certificateReligious Observance requests are to be made formally within the first two weeks of class See wwwryersoncaacadcouncilcurrentpol150pdf
If you are missing a term test you must do the followingInform your instructor by e-mail prior to the testPresent the completed official Ryerson medical certificate to your instructor within three working days or no later than the next scheduled class
If you are missing the final exam you must do the followingInform your instructor by e-mail prior to the examWithin three business days of the final exam please resent the completed official Ryerson medical certificate to your instructor The instructor will determine if you are eligible for an Incomplete (INC) gradeAn INC can be awarded only when the completion of the outstanding work or an alternate final examination may result in a passing gradeThe outstanding work or alternate examination must be completed by a specified date within three months of the submission of the INC The INC will be replaced by an official course grade when the work is completed If the work is not completed by the deadline the INC will become a grade of FIf your instructor has assigned an incomplete (INC) it is the studentrsquos responsibility to arrange with the instructor to write a makeup exam at the first available opportunity
MAINTAINING A PROFESSIONAL LEARNING ENVIRONMENT Laptop computers cell phones or other devices should not be used in
the classroom as they are distracting to other students speakers and your instructor Otherwise the student will be asked to leave the
9
class
ACADEMIC GRADING POLICYEvaluation of student performance will follow established academic grading policy outlined in the Ryerson GPA Policy at httpwwwryersoncaacadcouncilcurrentpol46pdf The grading system is summarized below
Definition Letter Grade Grade Point Conversion Range
Excellent
A+ 433 90-100
A 400 85-89
A- 367 80-84
Good
B+ 333 77-79
B 300 73-76
B- 267 70-72
Satisfactory
C+ 233 67-69
C 200 63-66
C- 167 60-62
Marginal
D+ 133 57-59
D 100 53-56
D- 067 50-52
Unsatisfactory F 000 0-49
10
thoughtful questions A make-up test will not be given Students who do not attend the term test will receive a
grade of zero for that test unless they produce a doctors certificate attesting to their inability to attend the test If students do not attend the term test and produce the necessary doctors certificate the final exam will account for 7100 of the studentrsquos final grade Students who do not attend the final exam will receive a grade of zero If you do not attend the final exam and if you produce the necessary doctors certificate you will need to write the final exam at a later date in order to pass this course
For the term test and the final exam you may use one 85 11 assistance sheet The assistance sheet may contain any material that you may find useful You must put your name and student number on the assistance sheet and hand it in at the end of the exam Personal computers are not permitted Regulations concerning conduct during tests and exams are contained in the Code of Student Conduct and the Ryerson Calendar
Method of Instruction - A combination of lectures discussions and problem solving You will find that I encourage questions or answers from my students I will encourage you to think analyse evaluate and problem solve not memorize
Class Preparation - I hope that you will find that any and all readings cases and problems assigned for class will be helpful to you during that class I will try to draw on whatever material has been assigned for that class
I will assume that you have prepared for your classes and I invite you to come to me during office hours if you have had any problems with the preparatory material
I advise you to attend class since material covered in class may not be otherwise covered in the materials and because concepts discussed in the materials will be developed in class I do expect that you will be on time when you attend class If for any reason you know beforehand that you will not be on time for class please contact me to tell me so
Please note that the topic order will be as stated below but if we get off schedule the dates may get backed up I reserve the right to add or subtract readings and other forms of class preparation from the above schedule Course evaluation will be as stated
2
Course Management I will generally not use any slides or overheads Instead I will make extensive use of the whiteboard If you miss a class it will be necessary to get the notes from a classmate In addition I will only open e-mails that come from a Ryerson Account and include information about the content of the e-mail in the subject line Therefore when you send me an e-mail you should include in the subject line of your e-mail message the following
Finance 510 Fall 2010 Section 011 (subject)
For instance the subject line of your e-mail may read
Finance 510 Fall 2010 Section 011 need help with Chapter 15 Problem 20
I will try to respond to studentrsquos e-mails within 2 business days I will not be responding to studentrsquos e-mails in the evenings or on the weekends If you have not received a response within 2 business days please send me a follow-up e-mail or drop by and see me at the office
Each week students should be doing the quiz questions and the questions and problems for each chapter of the textbook on their own after class If after attempting the questions or problems you are having difficulties please come and see me
The class schedule is tentative and subject to change
3
Course Outline and Schedule - Fin 510 - Fall 2010Please note LM refers to `Entrepreneurial Finance M refers to lsquoVenture Capital
Week Date Topic and Textbook Material
1 Sept 7 Introduction to Finance 510The Six Most Important Concepts in FinanceHow does entrepreneurial finance differ from corporate financeIntroduction to Options
1 M Chapter 13 Qs 1 to 42 LM Chapter 1 Qs 1 to 7
Additional Questions as assigned
2 3 Sept 14 21 Binomial Option PricingKey Elements of a Business Plan
1 M Chapter 22 Qs 1 to 4 2 LM Chapter 2 Qs 1 to 8
Additional Questions as assigned
4 Sept 28 Financing a New Venture and Game TheoryReadings and Questions
1 M Chapter 23 Qs 1 to 4 2 LM Chapter 3 tbd
Additional Questions as assigned
5 Oct 5 Real Options Why they are important Readings and Questions
1 M Chapter 21 Qs 1 to 42 M Chapter 24 Qs 1 to 4
Additional Questions as assigned
6 Oct 12 Financial Forecasting and Assessing Financial NeedsReadings and Questions1 LM Chapter 4 and Chapter 5LM Chapter 4 Qs 1 to 9 Chapter 5 Qs 1 to 10 Additional Questions as assigned
4
7 Oct 19 Financial Planning Short Term and Long TermReadings and Questions
1 LM Chapter 6 Qs 1 to 10Additional Questions as Assigned
8 Oct 26 Mid-term
9 Nov 2 Valuation Introduction Readings and Questions1 LM Chapter 7 Qs 1 to 15 and Chapter 9 Qs 1 to 7
Additional Questions as Assigned
10 Nov 9 Valuation Continued1 LM Chapter 10 Qs 1 to 112 M Chapter 17 Qs 1 to 4
Additional Questions as Assigned
11 Nov 16 Professional Venture Capital Readings and Questions1 LM Chapter 11 Qs tbd2 M Chapter 2 Qs 1 to 4 Chapter 3 Qs 1 to 3 Chapter 7 and Chapter 8Additional Questions as Assigned
12 Nov 23 Other Financing Alternatives and Security StructuresReadings and Questions
1 LM Chapter 12 Qs 1 and 2 and Chapter 13 Qs 1 to 16
2 M Chapter 9 Qs 1 and 2 and Chapter 16 Qs 1 to 4
Additional Questions as Assigned
5
13 Nov 30 Exit and Turnaround StrategiesReviewReadings and Questions1 LM Chapter 14 Qs 1 to 7 and Chapter 15 Qs 1 to 5Additional Questions as Assigned
TEACHING METHODSThis course is taught using a combination of lectures and problem solving The goal is to encourage you to think analyse evaluate and problem-solve not memorize Answers to assigned questions will not be posted on Blackboard If you are unable to solve the assigned problems please drop by and see me and we will go over the problem
Every effort will be made to manage the course as stated However adjustments may be necessary during the term at the discretion of the instructor If so students will be advised and alterations will be discussed prior to implementation Students will be informed of any alterations by email andor announcements on blackboard
Class PreparationIt is assumed that you will prepare by reading the assigned chapters before you come to class Students are responsible for all of the problems at the end of the chapters You are advised to attend class and to ask questions since the concepts discussed in the reading material will be developed in class Also material covered in class may not be otherwise covered in the reading materials
ACADEMIC INTEGRITY Students are required to adhere to all relevant University policies such
as the Student Code of Academic Conduct University regulations concerning unacceptable academic conduct (cheating plagiarism impersonation etc) will be followed Refer to the following online documents
o Student Code of Academic Conduct httpwwwryersoncaacadcouncilcurrentpol60pdf
o Student Code of Non-Academic Conduct httpwwwryersoncaacadcouncilcurrentpol61pdf
o Statement of Student Rights and Responsibilities httpwwwryersoncaacadcouncilstudentrightspdf for
more explanation
Plagiarism is a serious academic offence and penalties range from zero in an assignment all the way to expulsion from the university Students should review the guidelines regarding academic misconduct - visit the Academic Integrity website for more information at
6
httpwwwryersoncaacademicintegrity They should ensure that they understand the conventions for referencing sources in footnotes and bibliographies In addition to citing quotations from all sources whether from written materials interviews or electronic networks students must credit with footnotes or in-text references all facts and ideas that are not their own EVEN IF THEY ARE IN YOUR OWN WORDS If you do not it is considered plagiarism In any academic exercise plagiarism occurs when one offers as onersquos own work the words data ideas arguments calculations designs or productions of another without appropriate attribution or when one allows onersquos work to be copied (See the Ryerson Library for APA style guide references httpwwwryersoncalibraryrefstylehtml)
It is assumed that all examinations and work submitted for evaluation and course credit will be the product of individual effort except in the case of team projects arranged for and approved by the course instructor Submitting the same work to more than one course without instructorsrsquo approval is also considered plagiarism
Students who have committed academic misconduct will at a minimum receive a ldquo0rdquo on the work and an instructor may assign an ldquoFrdquo in the course The Academic Integrity Seminar may also be assigned Students will have the notation Disciplinary Notice (DN) placed on their academic record and official transcript The notation shall remain until the students graduate or for eight (8) years whichever comes first If you receive this in the first half of your program you may undergo a petition process to have it removed in your last year
Students who commit academic misconduct a second time shall be placed on Disciplinary Suspension (DS) for up to two years at which time they may apply for reinstatement to a program The designation DS shall be placed on their permanent academic record and official transcript The notation shall remain until students graduate or for eight (8) years whichever comes first
Disciplinary Withdrawn standing (DW) shall be permanently noted on studentsrsquo academic records and official transcripts
Expulsions shall be permanently noted on studentsrsquo academic records and official transcripts
o NOTE Students may not drop a course when they have been notified of the suspicion of academic misconduct If a student attempts to drop the course the Registrarrsquos office will re-register the student in that course until a decision is reached
7
When an instructor has reason to suspect that an individual piece of work has been plagiarized the instructor shall be permitted to submit that work to any plagiarism detection service
CHEATING ON AN EXAM OR TEST Ryersonrsquos Examination Policy requires that all students have a valid student identification card or other photo identification on their desk at all times when taking an examination If it is suspected that someone is impersonating a student the photo identification of that person will be checked and the person will be asked to sign the exam paper for further verification If it is suspected that the identification is not valid students may be asked to provide alternate photo identification Security may be called if circumstances warrant
E-MAIL ACCOUNTSStudents are required to activate and maintain a Ryerson Matrix e-mail account This shall be the official means by which you will receive university communications See wwwryersoncaacadcouncilcurrentpol157pdf
ACCOMODATION OF STUDENTS WITH DISABILITIESIn order to facilitate the academic success and access of students with disabilities these students should register with the Access Centre httpwwwryersoncaaccesscentreindexhtml
They should also inform their instructor through an ldquoAccommodation Form for Professorsrdquo that they are registered with the Access Centre and what accommodations are required
STUDENT RESPONSIBILITIES IN ACADEMIC APPEALS Students should read the Undergraduate Academic Consideration and
Appeals policy at wwwryersoncaacadcouncilcurrentpol134pdf It is the studentrsquos responsibility to notify and consult with either the
instructor or the ChairDirector of the teaching departmentschool depending on the situation as soon as circumstances arise that are likely to affect academic performance It is also the studentrsquos responsibility to attempt to resolve all course related issues with the instructor and then if necessary with the ChairDirector of the teaching departmentschool as soon as they arise An appeal may be filed only if the issue cannot be resolved appropriately Failure to deal with a situation as soon as it arises will jeopardize any appeal
Students who believe that an assignment test or exam has not been appropriately graded must review their concerns with their instructor within 10 working days of the date when the graded work is returned to the class
STANDARD FOR WRITTEN WORK Students are expected to use an acceptable standard of business communication for
all assignments You are encouraged to obtain assistance from the Writing Centre
8
(httpwwwryersoncawriting-centre) for help with your written communications as needed See the Ryerson Library for APA style guide references online at httpwwwryersoncalibraryrefstylehtml
LATE ASSIGNMENTSStudents must submit assignments on time Failure to do so will result in a penalty of a grade of zero All assignments submitted for grading will be handed back within two weeks except for the final exam
MISSED TERM TESTFINAL EXAMYou need to inform your instructor of any situation which arises during the semester which has an adverse effect on your academic performance and you must request any necessary considerations or accommodations
A doctorrsquos certificate is required to substantiate illness See httpwwwryersoncaacadcouncilOtherhtmlmedicalpdf for the required Ryerson certificateReligious Observance requests are to be made formally within the first two weeks of class See wwwryersoncaacadcouncilcurrentpol150pdf
If you are missing a term test you must do the followingInform your instructor by e-mail prior to the testPresent the completed official Ryerson medical certificate to your instructor within three working days or no later than the next scheduled class
If you are missing the final exam you must do the followingInform your instructor by e-mail prior to the examWithin three business days of the final exam please resent the completed official Ryerson medical certificate to your instructor The instructor will determine if you are eligible for an Incomplete (INC) gradeAn INC can be awarded only when the completion of the outstanding work or an alternate final examination may result in a passing gradeThe outstanding work or alternate examination must be completed by a specified date within three months of the submission of the INC The INC will be replaced by an official course grade when the work is completed If the work is not completed by the deadline the INC will become a grade of FIf your instructor has assigned an incomplete (INC) it is the studentrsquos responsibility to arrange with the instructor to write a makeup exam at the first available opportunity
MAINTAINING A PROFESSIONAL LEARNING ENVIRONMENT Laptop computers cell phones or other devices should not be used in
the classroom as they are distracting to other students speakers and your instructor Otherwise the student will be asked to leave the
9
class
ACADEMIC GRADING POLICYEvaluation of student performance will follow established academic grading policy outlined in the Ryerson GPA Policy at httpwwwryersoncaacadcouncilcurrentpol46pdf The grading system is summarized below
Definition Letter Grade Grade Point Conversion Range
Excellent
A+ 433 90-100
A 400 85-89
A- 367 80-84
Good
B+ 333 77-79
B 300 73-76
B- 267 70-72
Satisfactory
C+ 233 67-69
C 200 63-66
C- 167 60-62
Marginal
D+ 133 57-59
D 100 53-56
D- 067 50-52
Unsatisfactory F 000 0-49
10
Course Management I will generally not use any slides or overheads Instead I will make extensive use of the whiteboard If you miss a class it will be necessary to get the notes from a classmate In addition I will only open e-mails that come from a Ryerson Account and include information about the content of the e-mail in the subject line Therefore when you send me an e-mail you should include in the subject line of your e-mail message the following
Finance 510 Fall 2010 Section 011 (subject)
For instance the subject line of your e-mail may read
Finance 510 Fall 2010 Section 011 need help with Chapter 15 Problem 20
I will try to respond to studentrsquos e-mails within 2 business days I will not be responding to studentrsquos e-mails in the evenings or on the weekends If you have not received a response within 2 business days please send me a follow-up e-mail or drop by and see me at the office
Each week students should be doing the quiz questions and the questions and problems for each chapter of the textbook on their own after class If after attempting the questions or problems you are having difficulties please come and see me
The class schedule is tentative and subject to change
3
Course Outline and Schedule - Fin 510 - Fall 2010Please note LM refers to `Entrepreneurial Finance M refers to lsquoVenture Capital
Week Date Topic and Textbook Material
1 Sept 7 Introduction to Finance 510The Six Most Important Concepts in FinanceHow does entrepreneurial finance differ from corporate financeIntroduction to Options
1 M Chapter 13 Qs 1 to 42 LM Chapter 1 Qs 1 to 7
Additional Questions as assigned
2 3 Sept 14 21 Binomial Option PricingKey Elements of a Business Plan
1 M Chapter 22 Qs 1 to 4 2 LM Chapter 2 Qs 1 to 8
Additional Questions as assigned
4 Sept 28 Financing a New Venture and Game TheoryReadings and Questions
1 M Chapter 23 Qs 1 to 4 2 LM Chapter 3 tbd
Additional Questions as assigned
5 Oct 5 Real Options Why they are important Readings and Questions
1 M Chapter 21 Qs 1 to 42 M Chapter 24 Qs 1 to 4
Additional Questions as assigned
6 Oct 12 Financial Forecasting and Assessing Financial NeedsReadings and Questions1 LM Chapter 4 and Chapter 5LM Chapter 4 Qs 1 to 9 Chapter 5 Qs 1 to 10 Additional Questions as assigned
4
7 Oct 19 Financial Planning Short Term and Long TermReadings and Questions
1 LM Chapter 6 Qs 1 to 10Additional Questions as Assigned
8 Oct 26 Mid-term
9 Nov 2 Valuation Introduction Readings and Questions1 LM Chapter 7 Qs 1 to 15 and Chapter 9 Qs 1 to 7
Additional Questions as Assigned
10 Nov 9 Valuation Continued1 LM Chapter 10 Qs 1 to 112 M Chapter 17 Qs 1 to 4
Additional Questions as Assigned
11 Nov 16 Professional Venture Capital Readings and Questions1 LM Chapter 11 Qs tbd2 M Chapter 2 Qs 1 to 4 Chapter 3 Qs 1 to 3 Chapter 7 and Chapter 8Additional Questions as Assigned
12 Nov 23 Other Financing Alternatives and Security StructuresReadings and Questions
1 LM Chapter 12 Qs 1 and 2 and Chapter 13 Qs 1 to 16
2 M Chapter 9 Qs 1 and 2 and Chapter 16 Qs 1 to 4
Additional Questions as Assigned
5
13 Nov 30 Exit and Turnaround StrategiesReviewReadings and Questions1 LM Chapter 14 Qs 1 to 7 and Chapter 15 Qs 1 to 5Additional Questions as Assigned
TEACHING METHODSThis course is taught using a combination of lectures and problem solving The goal is to encourage you to think analyse evaluate and problem-solve not memorize Answers to assigned questions will not be posted on Blackboard If you are unable to solve the assigned problems please drop by and see me and we will go over the problem
Every effort will be made to manage the course as stated However adjustments may be necessary during the term at the discretion of the instructor If so students will be advised and alterations will be discussed prior to implementation Students will be informed of any alterations by email andor announcements on blackboard
Class PreparationIt is assumed that you will prepare by reading the assigned chapters before you come to class Students are responsible for all of the problems at the end of the chapters You are advised to attend class and to ask questions since the concepts discussed in the reading material will be developed in class Also material covered in class may not be otherwise covered in the reading materials
ACADEMIC INTEGRITY Students are required to adhere to all relevant University policies such
as the Student Code of Academic Conduct University regulations concerning unacceptable academic conduct (cheating plagiarism impersonation etc) will be followed Refer to the following online documents
o Student Code of Academic Conduct httpwwwryersoncaacadcouncilcurrentpol60pdf
o Student Code of Non-Academic Conduct httpwwwryersoncaacadcouncilcurrentpol61pdf
o Statement of Student Rights and Responsibilities httpwwwryersoncaacadcouncilstudentrightspdf for
more explanation
Plagiarism is a serious academic offence and penalties range from zero in an assignment all the way to expulsion from the university Students should review the guidelines regarding academic misconduct - visit the Academic Integrity website for more information at
6
httpwwwryersoncaacademicintegrity They should ensure that they understand the conventions for referencing sources in footnotes and bibliographies In addition to citing quotations from all sources whether from written materials interviews or electronic networks students must credit with footnotes or in-text references all facts and ideas that are not their own EVEN IF THEY ARE IN YOUR OWN WORDS If you do not it is considered plagiarism In any academic exercise plagiarism occurs when one offers as onersquos own work the words data ideas arguments calculations designs or productions of another without appropriate attribution or when one allows onersquos work to be copied (See the Ryerson Library for APA style guide references httpwwwryersoncalibraryrefstylehtml)
It is assumed that all examinations and work submitted for evaluation and course credit will be the product of individual effort except in the case of team projects arranged for and approved by the course instructor Submitting the same work to more than one course without instructorsrsquo approval is also considered plagiarism
Students who have committed academic misconduct will at a minimum receive a ldquo0rdquo on the work and an instructor may assign an ldquoFrdquo in the course The Academic Integrity Seminar may also be assigned Students will have the notation Disciplinary Notice (DN) placed on their academic record and official transcript The notation shall remain until the students graduate or for eight (8) years whichever comes first If you receive this in the first half of your program you may undergo a petition process to have it removed in your last year
Students who commit academic misconduct a second time shall be placed on Disciplinary Suspension (DS) for up to two years at which time they may apply for reinstatement to a program The designation DS shall be placed on their permanent academic record and official transcript The notation shall remain until students graduate or for eight (8) years whichever comes first
Disciplinary Withdrawn standing (DW) shall be permanently noted on studentsrsquo academic records and official transcripts
Expulsions shall be permanently noted on studentsrsquo academic records and official transcripts
o NOTE Students may not drop a course when they have been notified of the suspicion of academic misconduct If a student attempts to drop the course the Registrarrsquos office will re-register the student in that course until a decision is reached
7
When an instructor has reason to suspect that an individual piece of work has been plagiarized the instructor shall be permitted to submit that work to any plagiarism detection service
CHEATING ON AN EXAM OR TEST Ryersonrsquos Examination Policy requires that all students have a valid student identification card or other photo identification on their desk at all times when taking an examination If it is suspected that someone is impersonating a student the photo identification of that person will be checked and the person will be asked to sign the exam paper for further verification If it is suspected that the identification is not valid students may be asked to provide alternate photo identification Security may be called if circumstances warrant
E-MAIL ACCOUNTSStudents are required to activate and maintain a Ryerson Matrix e-mail account This shall be the official means by which you will receive university communications See wwwryersoncaacadcouncilcurrentpol157pdf
ACCOMODATION OF STUDENTS WITH DISABILITIESIn order to facilitate the academic success and access of students with disabilities these students should register with the Access Centre httpwwwryersoncaaccesscentreindexhtml
They should also inform their instructor through an ldquoAccommodation Form for Professorsrdquo that they are registered with the Access Centre and what accommodations are required
STUDENT RESPONSIBILITIES IN ACADEMIC APPEALS Students should read the Undergraduate Academic Consideration and
Appeals policy at wwwryersoncaacadcouncilcurrentpol134pdf It is the studentrsquos responsibility to notify and consult with either the
instructor or the ChairDirector of the teaching departmentschool depending on the situation as soon as circumstances arise that are likely to affect academic performance It is also the studentrsquos responsibility to attempt to resolve all course related issues with the instructor and then if necessary with the ChairDirector of the teaching departmentschool as soon as they arise An appeal may be filed only if the issue cannot be resolved appropriately Failure to deal with a situation as soon as it arises will jeopardize any appeal
Students who believe that an assignment test or exam has not been appropriately graded must review their concerns with their instructor within 10 working days of the date when the graded work is returned to the class
STANDARD FOR WRITTEN WORK Students are expected to use an acceptable standard of business communication for
all assignments You are encouraged to obtain assistance from the Writing Centre
8
(httpwwwryersoncawriting-centre) for help with your written communications as needed See the Ryerson Library for APA style guide references online at httpwwwryersoncalibraryrefstylehtml
LATE ASSIGNMENTSStudents must submit assignments on time Failure to do so will result in a penalty of a grade of zero All assignments submitted for grading will be handed back within two weeks except for the final exam
MISSED TERM TESTFINAL EXAMYou need to inform your instructor of any situation which arises during the semester which has an adverse effect on your academic performance and you must request any necessary considerations or accommodations
A doctorrsquos certificate is required to substantiate illness See httpwwwryersoncaacadcouncilOtherhtmlmedicalpdf for the required Ryerson certificateReligious Observance requests are to be made formally within the first two weeks of class See wwwryersoncaacadcouncilcurrentpol150pdf
If you are missing a term test you must do the followingInform your instructor by e-mail prior to the testPresent the completed official Ryerson medical certificate to your instructor within three working days or no later than the next scheduled class
If you are missing the final exam you must do the followingInform your instructor by e-mail prior to the examWithin three business days of the final exam please resent the completed official Ryerson medical certificate to your instructor The instructor will determine if you are eligible for an Incomplete (INC) gradeAn INC can be awarded only when the completion of the outstanding work or an alternate final examination may result in a passing gradeThe outstanding work or alternate examination must be completed by a specified date within three months of the submission of the INC The INC will be replaced by an official course grade when the work is completed If the work is not completed by the deadline the INC will become a grade of FIf your instructor has assigned an incomplete (INC) it is the studentrsquos responsibility to arrange with the instructor to write a makeup exam at the first available opportunity
MAINTAINING A PROFESSIONAL LEARNING ENVIRONMENT Laptop computers cell phones or other devices should not be used in
the classroom as they are distracting to other students speakers and your instructor Otherwise the student will be asked to leave the
9
class
ACADEMIC GRADING POLICYEvaluation of student performance will follow established academic grading policy outlined in the Ryerson GPA Policy at httpwwwryersoncaacadcouncilcurrentpol46pdf The grading system is summarized below
Definition Letter Grade Grade Point Conversion Range
Excellent
A+ 433 90-100
A 400 85-89
A- 367 80-84
Good
B+ 333 77-79
B 300 73-76
B- 267 70-72
Satisfactory
C+ 233 67-69
C 200 63-66
C- 167 60-62
Marginal
D+ 133 57-59
D 100 53-56
D- 067 50-52
Unsatisfactory F 000 0-49
10
Course Outline and Schedule - Fin 510 - Fall 2010Please note LM refers to `Entrepreneurial Finance M refers to lsquoVenture Capital
Week Date Topic and Textbook Material
1 Sept 7 Introduction to Finance 510The Six Most Important Concepts in FinanceHow does entrepreneurial finance differ from corporate financeIntroduction to Options
1 M Chapter 13 Qs 1 to 42 LM Chapter 1 Qs 1 to 7
Additional Questions as assigned
2 3 Sept 14 21 Binomial Option PricingKey Elements of a Business Plan
1 M Chapter 22 Qs 1 to 4 2 LM Chapter 2 Qs 1 to 8
Additional Questions as assigned
4 Sept 28 Financing a New Venture and Game TheoryReadings and Questions
1 M Chapter 23 Qs 1 to 4 2 LM Chapter 3 tbd
Additional Questions as assigned
5 Oct 5 Real Options Why they are important Readings and Questions
1 M Chapter 21 Qs 1 to 42 M Chapter 24 Qs 1 to 4
Additional Questions as assigned
6 Oct 12 Financial Forecasting and Assessing Financial NeedsReadings and Questions1 LM Chapter 4 and Chapter 5LM Chapter 4 Qs 1 to 9 Chapter 5 Qs 1 to 10 Additional Questions as assigned
4
7 Oct 19 Financial Planning Short Term and Long TermReadings and Questions
1 LM Chapter 6 Qs 1 to 10Additional Questions as Assigned
8 Oct 26 Mid-term
9 Nov 2 Valuation Introduction Readings and Questions1 LM Chapter 7 Qs 1 to 15 and Chapter 9 Qs 1 to 7
Additional Questions as Assigned
10 Nov 9 Valuation Continued1 LM Chapter 10 Qs 1 to 112 M Chapter 17 Qs 1 to 4
Additional Questions as Assigned
11 Nov 16 Professional Venture Capital Readings and Questions1 LM Chapter 11 Qs tbd2 M Chapter 2 Qs 1 to 4 Chapter 3 Qs 1 to 3 Chapter 7 and Chapter 8Additional Questions as Assigned
12 Nov 23 Other Financing Alternatives and Security StructuresReadings and Questions
1 LM Chapter 12 Qs 1 and 2 and Chapter 13 Qs 1 to 16
2 M Chapter 9 Qs 1 and 2 and Chapter 16 Qs 1 to 4
Additional Questions as Assigned
5
13 Nov 30 Exit and Turnaround StrategiesReviewReadings and Questions1 LM Chapter 14 Qs 1 to 7 and Chapter 15 Qs 1 to 5Additional Questions as Assigned
TEACHING METHODSThis course is taught using a combination of lectures and problem solving The goal is to encourage you to think analyse evaluate and problem-solve not memorize Answers to assigned questions will not be posted on Blackboard If you are unable to solve the assigned problems please drop by and see me and we will go over the problem
Every effort will be made to manage the course as stated However adjustments may be necessary during the term at the discretion of the instructor If so students will be advised and alterations will be discussed prior to implementation Students will be informed of any alterations by email andor announcements on blackboard
Class PreparationIt is assumed that you will prepare by reading the assigned chapters before you come to class Students are responsible for all of the problems at the end of the chapters You are advised to attend class and to ask questions since the concepts discussed in the reading material will be developed in class Also material covered in class may not be otherwise covered in the reading materials
ACADEMIC INTEGRITY Students are required to adhere to all relevant University policies such
as the Student Code of Academic Conduct University regulations concerning unacceptable academic conduct (cheating plagiarism impersonation etc) will be followed Refer to the following online documents
o Student Code of Academic Conduct httpwwwryersoncaacadcouncilcurrentpol60pdf
o Student Code of Non-Academic Conduct httpwwwryersoncaacadcouncilcurrentpol61pdf
o Statement of Student Rights and Responsibilities httpwwwryersoncaacadcouncilstudentrightspdf for
more explanation
Plagiarism is a serious academic offence and penalties range from zero in an assignment all the way to expulsion from the university Students should review the guidelines regarding academic misconduct - visit the Academic Integrity website for more information at
6
httpwwwryersoncaacademicintegrity They should ensure that they understand the conventions for referencing sources in footnotes and bibliographies In addition to citing quotations from all sources whether from written materials interviews or electronic networks students must credit with footnotes or in-text references all facts and ideas that are not their own EVEN IF THEY ARE IN YOUR OWN WORDS If you do not it is considered plagiarism In any academic exercise plagiarism occurs when one offers as onersquos own work the words data ideas arguments calculations designs or productions of another without appropriate attribution or when one allows onersquos work to be copied (See the Ryerson Library for APA style guide references httpwwwryersoncalibraryrefstylehtml)
It is assumed that all examinations and work submitted for evaluation and course credit will be the product of individual effort except in the case of team projects arranged for and approved by the course instructor Submitting the same work to more than one course without instructorsrsquo approval is also considered plagiarism
Students who have committed academic misconduct will at a minimum receive a ldquo0rdquo on the work and an instructor may assign an ldquoFrdquo in the course The Academic Integrity Seminar may also be assigned Students will have the notation Disciplinary Notice (DN) placed on their academic record and official transcript The notation shall remain until the students graduate or for eight (8) years whichever comes first If you receive this in the first half of your program you may undergo a petition process to have it removed in your last year
Students who commit academic misconduct a second time shall be placed on Disciplinary Suspension (DS) for up to two years at which time they may apply for reinstatement to a program The designation DS shall be placed on their permanent academic record and official transcript The notation shall remain until students graduate or for eight (8) years whichever comes first
Disciplinary Withdrawn standing (DW) shall be permanently noted on studentsrsquo academic records and official transcripts
Expulsions shall be permanently noted on studentsrsquo academic records and official transcripts
o NOTE Students may not drop a course when they have been notified of the suspicion of academic misconduct If a student attempts to drop the course the Registrarrsquos office will re-register the student in that course until a decision is reached
7
When an instructor has reason to suspect that an individual piece of work has been plagiarized the instructor shall be permitted to submit that work to any plagiarism detection service
CHEATING ON AN EXAM OR TEST Ryersonrsquos Examination Policy requires that all students have a valid student identification card or other photo identification on their desk at all times when taking an examination If it is suspected that someone is impersonating a student the photo identification of that person will be checked and the person will be asked to sign the exam paper for further verification If it is suspected that the identification is not valid students may be asked to provide alternate photo identification Security may be called if circumstances warrant
E-MAIL ACCOUNTSStudents are required to activate and maintain a Ryerson Matrix e-mail account This shall be the official means by which you will receive university communications See wwwryersoncaacadcouncilcurrentpol157pdf
ACCOMODATION OF STUDENTS WITH DISABILITIESIn order to facilitate the academic success and access of students with disabilities these students should register with the Access Centre httpwwwryersoncaaccesscentreindexhtml
They should also inform their instructor through an ldquoAccommodation Form for Professorsrdquo that they are registered with the Access Centre and what accommodations are required
STUDENT RESPONSIBILITIES IN ACADEMIC APPEALS Students should read the Undergraduate Academic Consideration and
Appeals policy at wwwryersoncaacadcouncilcurrentpol134pdf It is the studentrsquos responsibility to notify and consult with either the
instructor or the ChairDirector of the teaching departmentschool depending on the situation as soon as circumstances arise that are likely to affect academic performance It is also the studentrsquos responsibility to attempt to resolve all course related issues with the instructor and then if necessary with the ChairDirector of the teaching departmentschool as soon as they arise An appeal may be filed only if the issue cannot be resolved appropriately Failure to deal with a situation as soon as it arises will jeopardize any appeal
Students who believe that an assignment test or exam has not been appropriately graded must review their concerns with their instructor within 10 working days of the date when the graded work is returned to the class
STANDARD FOR WRITTEN WORK Students are expected to use an acceptable standard of business communication for
all assignments You are encouraged to obtain assistance from the Writing Centre
8
(httpwwwryersoncawriting-centre) for help with your written communications as needed See the Ryerson Library for APA style guide references online at httpwwwryersoncalibraryrefstylehtml
LATE ASSIGNMENTSStudents must submit assignments on time Failure to do so will result in a penalty of a grade of zero All assignments submitted for grading will be handed back within two weeks except for the final exam
MISSED TERM TESTFINAL EXAMYou need to inform your instructor of any situation which arises during the semester which has an adverse effect on your academic performance and you must request any necessary considerations or accommodations
A doctorrsquos certificate is required to substantiate illness See httpwwwryersoncaacadcouncilOtherhtmlmedicalpdf for the required Ryerson certificateReligious Observance requests are to be made formally within the first two weeks of class See wwwryersoncaacadcouncilcurrentpol150pdf
If you are missing a term test you must do the followingInform your instructor by e-mail prior to the testPresent the completed official Ryerson medical certificate to your instructor within three working days or no later than the next scheduled class
If you are missing the final exam you must do the followingInform your instructor by e-mail prior to the examWithin three business days of the final exam please resent the completed official Ryerson medical certificate to your instructor The instructor will determine if you are eligible for an Incomplete (INC) gradeAn INC can be awarded only when the completion of the outstanding work or an alternate final examination may result in a passing gradeThe outstanding work or alternate examination must be completed by a specified date within three months of the submission of the INC The INC will be replaced by an official course grade when the work is completed If the work is not completed by the deadline the INC will become a grade of FIf your instructor has assigned an incomplete (INC) it is the studentrsquos responsibility to arrange with the instructor to write a makeup exam at the first available opportunity
MAINTAINING A PROFESSIONAL LEARNING ENVIRONMENT Laptop computers cell phones or other devices should not be used in
the classroom as they are distracting to other students speakers and your instructor Otherwise the student will be asked to leave the
9
class
ACADEMIC GRADING POLICYEvaluation of student performance will follow established academic grading policy outlined in the Ryerson GPA Policy at httpwwwryersoncaacadcouncilcurrentpol46pdf The grading system is summarized below
Definition Letter Grade Grade Point Conversion Range
Excellent
A+ 433 90-100
A 400 85-89
A- 367 80-84
Good
B+ 333 77-79
B 300 73-76
B- 267 70-72
Satisfactory
C+ 233 67-69
C 200 63-66
C- 167 60-62
Marginal
D+ 133 57-59
D 100 53-56
D- 067 50-52
Unsatisfactory F 000 0-49
10
7 Oct 19 Financial Planning Short Term and Long TermReadings and Questions
1 LM Chapter 6 Qs 1 to 10Additional Questions as Assigned
8 Oct 26 Mid-term
9 Nov 2 Valuation Introduction Readings and Questions1 LM Chapter 7 Qs 1 to 15 and Chapter 9 Qs 1 to 7
Additional Questions as Assigned
10 Nov 9 Valuation Continued1 LM Chapter 10 Qs 1 to 112 M Chapter 17 Qs 1 to 4
Additional Questions as Assigned
11 Nov 16 Professional Venture Capital Readings and Questions1 LM Chapter 11 Qs tbd2 M Chapter 2 Qs 1 to 4 Chapter 3 Qs 1 to 3 Chapter 7 and Chapter 8Additional Questions as Assigned
12 Nov 23 Other Financing Alternatives and Security StructuresReadings and Questions
1 LM Chapter 12 Qs 1 and 2 and Chapter 13 Qs 1 to 16
2 M Chapter 9 Qs 1 and 2 and Chapter 16 Qs 1 to 4
Additional Questions as Assigned
5
13 Nov 30 Exit and Turnaround StrategiesReviewReadings and Questions1 LM Chapter 14 Qs 1 to 7 and Chapter 15 Qs 1 to 5Additional Questions as Assigned
TEACHING METHODSThis course is taught using a combination of lectures and problem solving The goal is to encourage you to think analyse evaluate and problem-solve not memorize Answers to assigned questions will not be posted on Blackboard If you are unable to solve the assigned problems please drop by and see me and we will go over the problem
Every effort will be made to manage the course as stated However adjustments may be necessary during the term at the discretion of the instructor If so students will be advised and alterations will be discussed prior to implementation Students will be informed of any alterations by email andor announcements on blackboard
Class PreparationIt is assumed that you will prepare by reading the assigned chapters before you come to class Students are responsible for all of the problems at the end of the chapters You are advised to attend class and to ask questions since the concepts discussed in the reading material will be developed in class Also material covered in class may not be otherwise covered in the reading materials
ACADEMIC INTEGRITY Students are required to adhere to all relevant University policies such
as the Student Code of Academic Conduct University regulations concerning unacceptable academic conduct (cheating plagiarism impersonation etc) will be followed Refer to the following online documents
o Student Code of Academic Conduct httpwwwryersoncaacadcouncilcurrentpol60pdf
o Student Code of Non-Academic Conduct httpwwwryersoncaacadcouncilcurrentpol61pdf
o Statement of Student Rights and Responsibilities httpwwwryersoncaacadcouncilstudentrightspdf for
more explanation
Plagiarism is a serious academic offence and penalties range from zero in an assignment all the way to expulsion from the university Students should review the guidelines regarding academic misconduct - visit the Academic Integrity website for more information at
6
httpwwwryersoncaacademicintegrity They should ensure that they understand the conventions for referencing sources in footnotes and bibliographies In addition to citing quotations from all sources whether from written materials interviews or electronic networks students must credit with footnotes or in-text references all facts and ideas that are not their own EVEN IF THEY ARE IN YOUR OWN WORDS If you do not it is considered plagiarism In any academic exercise plagiarism occurs when one offers as onersquos own work the words data ideas arguments calculations designs or productions of another without appropriate attribution or when one allows onersquos work to be copied (See the Ryerson Library for APA style guide references httpwwwryersoncalibraryrefstylehtml)
It is assumed that all examinations and work submitted for evaluation and course credit will be the product of individual effort except in the case of team projects arranged for and approved by the course instructor Submitting the same work to more than one course without instructorsrsquo approval is also considered plagiarism
Students who have committed academic misconduct will at a minimum receive a ldquo0rdquo on the work and an instructor may assign an ldquoFrdquo in the course The Academic Integrity Seminar may also be assigned Students will have the notation Disciplinary Notice (DN) placed on their academic record and official transcript The notation shall remain until the students graduate or for eight (8) years whichever comes first If you receive this in the first half of your program you may undergo a petition process to have it removed in your last year
Students who commit academic misconduct a second time shall be placed on Disciplinary Suspension (DS) for up to two years at which time they may apply for reinstatement to a program The designation DS shall be placed on their permanent academic record and official transcript The notation shall remain until students graduate or for eight (8) years whichever comes first
Disciplinary Withdrawn standing (DW) shall be permanently noted on studentsrsquo academic records and official transcripts
Expulsions shall be permanently noted on studentsrsquo academic records and official transcripts
o NOTE Students may not drop a course when they have been notified of the suspicion of academic misconduct If a student attempts to drop the course the Registrarrsquos office will re-register the student in that course until a decision is reached
7
When an instructor has reason to suspect that an individual piece of work has been plagiarized the instructor shall be permitted to submit that work to any plagiarism detection service
CHEATING ON AN EXAM OR TEST Ryersonrsquos Examination Policy requires that all students have a valid student identification card or other photo identification on their desk at all times when taking an examination If it is suspected that someone is impersonating a student the photo identification of that person will be checked and the person will be asked to sign the exam paper for further verification If it is suspected that the identification is not valid students may be asked to provide alternate photo identification Security may be called if circumstances warrant
E-MAIL ACCOUNTSStudents are required to activate and maintain a Ryerson Matrix e-mail account This shall be the official means by which you will receive university communications See wwwryersoncaacadcouncilcurrentpol157pdf
ACCOMODATION OF STUDENTS WITH DISABILITIESIn order to facilitate the academic success and access of students with disabilities these students should register with the Access Centre httpwwwryersoncaaccesscentreindexhtml
They should also inform their instructor through an ldquoAccommodation Form for Professorsrdquo that they are registered with the Access Centre and what accommodations are required
STUDENT RESPONSIBILITIES IN ACADEMIC APPEALS Students should read the Undergraduate Academic Consideration and
Appeals policy at wwwryersoncaacadcouncilcurrentpol134pdf It is the studentrsquos responsibility to notify and consult with either the
instructor or the ChairDirector of the teaching departmentschool depending on the situation as soon as circumstances arise that are likely to affect academic performance It is also the studentrsquos responsibility to attempt to resolve all course related issues with the instructor and then if necessary with the ChairDirector of the teaching departmentschool as soon as they arise An appeal may be filed only if the issue cannot be resolved appropriately Failure to deal with a situation as soon as it arises will jeopardize any appeal
Students who believe that an assignment test or exam has not been appropriately graded must review their concerns with their instructor within 10 working days of the date when the graded work is returned to the class
STANDARD FOR WRITTEN WORK Students are expected to use an acceptable standard of business communication for
all assignments You are encouraged to obtain assistance from the Writing Centre
8
(httpwwwryersoncawriting-centre) for help with your written communications as needed See the Ryerson Library for APA style guide references online at httpwwwryersoncalibraryrefstylehtml
LATE ASSIGNMENTSStudents must submit assignments on time Failure to do so will result in a penalty of a grade of zero All assignments submitted for grading will be handed back within two weeks except for the final exam
MISSED TERM TESTFINAL EXAMYou need to inform your instructor of any situation which arises during the semester which has an adverse effect on your academic performance and you must request any necessary considerations or accommodations
A doctorrsquos certificate is required to substantiate illness See httpwwwryersoncaacadcouncilOtherhtmlmedicalpdf for the required Ryerson certificateReligious Observance requests are to be made formally within the first two weeks of class See wwwryersoncaacadcouncilcurrentpol150pdf
If you are missing a term test you must do the followingInform your instructor by e-mail prior to the testPresent the completed official Ryerson medical certificate to your instructor within three working days or no later than the next scheduled class
If you are missing the final exam you must do the followingInform your instructor by e-mail prior to the examWithin three business days of the final exam please resent the completed official Ryerson medical certificate to your instructor The instructor will determine if you are eligible for an Incomplete (INC) gradeAn INC can be awarded only when the completion of the outstanding work or an alternate final examination may result in a passing gradeThe outstanding work or alternate examination must be completed by a specified date within three months of the submission of the INC The INC will be replaced by an official course grade when the work is completed If the work is not completed by the deadline the INC will become a grade of FIf your instructor has assigned an incomplete (INC) it is the studentrsquos responsibility to arrange with the instructor to write a makeup exam at the first available opportunity
MAINTAINING A PROFESSIONAL LEARNING ENVIRONMENT Laptop computers cell phones or other devices should not be used in
the classroom as they are distracting to other students speakers and your instructor Otherwise the student will be asked to leave the
9
class
ACADEMIC GRADING POLICYEvaluation of student performance will follow established academic grading policy outlined in the Ryerson GPA Policy at httpwwwryersoncaacadcouncilcurrentpol46pdf The grading system is summarized below
Definition Letter Grade Grade Point Conversion Range
Excellent
A+ 433 90-100
A 400 85-89
A- 367 80-84
Good
B+ 333 77-79
B 300 73-76
B- 267 70-72
Satisfactory
C+ 233 67-69
C 200 63-66
C- 167 60-62
Marginal
D+ 133 57-59
D 100 53-56
D- 067 50-52
Unsatisfactory F 000 0-49
10
13 Nov 30 Exit and Turnaround StrategiesReviewReadings and Questions1 LM Chapter 14 Qs 1 to 7 and Chapter 15 Qs 1 to 5Additional Questions as Assigned
TEACHING METHODSThis course is taught using a combination of lectures and problem solving The goal is to encourage you to think analyse evaluate and problem-solve not memorize Answers to assigned questions will not be posted on Blackboard If you are unable to solve the assigned problems please drop by and see me and we will go over the problem
Every effort will be made to manage the course as stated However adjustments may be necessary during the term at the discretion of the instructor If so students will be advised and alterations will be discussed prior to implementation Students will be informed of any alterations by email andor announcements on blackboard
Class PreparationIt is assumed that you will prepare by reading the assigned chapters before you come to class Students are responsible for all of the problems at the end of the chapters You are advised to attend class and to ask questions since the concepts discussed in the reading material will be developed in class Also material covered in class may not be otherwise covered in the reading materials
ACADEMIC INTEGRITY Students are required to adhere to all relevant University policies such
as the Student Code of Academic Conduct University regulations concerning unacceptable academic conduct (cheating plagiarism impersonation etc) will be followed Refer to the following online documents
o Student Code of Academic Conduct httpwwwryersoncaacadcouncilcurrentpol60pdf
o Student Code of Non-Academic Conduct httpwwwryersoncaacadcouncilcurrentpol61pdf
o Statement of Student Rights and Responsibilities httpwwwryersoncaacadcouncilstudentrightspdf for
more explanation
Plagiarism is a serious academic offence and penalties range from zero in an assignment all the way to expulsion from the university Students should review the guidelines regarding academic misconduct - visit the Academic Integrity website for more information at
6
httpwwwryersoncaacademicintegrity They should ensure that they understand the conventions for referencing sources in footnotes and bibliographies In addition to citing quotations from all sources whether from written materials interviews or electronic networks students must credit with footnotes or in-text references all facts and ideas that are not their own EVEN IF THEY ARE IN YOUR OWN WORDS If you do not it is considered plagiarism In any academic exercise plagiarism occurs when one offers as onersquos own work the words data ideas arguments calculations designs or productions of another without appropriate attribution or when one allows onersquos work to be copied (See the Ryerson Library for APA style guide references httpwwwryersoncalibraryrefstylehtml)
It is assumed that all examinations and work submitted for evaluation and course credit will be the product of individual effort except in the case of team projects arranged for and approved by the course instructor Submitting the same work to more than one course without instructorsrsquo approval is also considered plagiarism
Students who have committed academic misconduct will at a minimum receive a ldquo0rdquo on the work and an instructor may assign an ldquoFrdquo in the course The Academic Integrity Seminar may also be assigned Students will have the notation Disciplinary Notice (DN) placed on their academic record and official transcript The notation shall remain until the students graduate or for eight (8) years whichever comes first If you receive this in the first half of your program you may undergo a petition process to have it removed in your last year
Students who commit academic misconduct a second time shall be placed on Disciplinary Suspension (DS) for up to two years at which time they may apply for reinstatement to a program The designation DS shall be placed on their permanent academic record and official transcript The notation shall remain until students graduate or for eight (8) years whichever comes first
Disciplinary Withdrawn standing (DW) shall be permanently noted on studentsrsquo academic records and official transcripts
Expulsions shall be permanently noted on studentsrsquo academic records and official transcripts
o NOTE Students may not drop a course when they have been notified of the suspicion of academic misconduct If a student attempts to drop the course the Registrarrsquos office will re-register the student in that course until a decision is reached
7
When an instructor has reason to suspect that an individual piece of work has been plagiarized the instructor shall be permitted to submit that work to any plagiarism detection service
CHEATING ON AN EXAM OR TEST Ryersonrsquos Examination Policy requires that all students have a valid student identification card or other photo identification on their desk at all times when taking an examination If it is suspected that someone is impersonating a student the photo identification of that person will be checked and the person will be asked to sign the exam paper for further verification If it is suspected that the identification is not valid students may be asked to provide alternate photo identification Security may be called if circumstances warrant
E-MAIL ACCOUNTSStudents are required to activate and maintain a Ryerson Matrix e-mail account This shall be the official means by which you will receive university communications See wwwryersoncaacadcouncilcurrentpol157pdf
ACCOMODATION OF STUDENTS WITH DISABILITIESIn order to facilitate the academic success and access of students with disabilities these students should register with the Access Centre httpwwwryersoncaaccesscentreindexhtml
They should also inform their instructor through an ldquoAccommodation Form for Professorsrdquo that they are registered with the Access Centre and what accommodations are required
STUDENT RESPONSIBILITIES IN ACADEMIC APPEALS Students should read the Undergraduate Academic Consideration and
Appeals policy at wwwryersoncaacadcouncilcurrentpol134pdf It is the studentrsquos responsibility to notify and consult with either the
instructor or the ChairDirector of the teaching departmentschool depending on the situation as soon as circumstances arise that are likely to affect academic performance It is also the studentrsquos responsibility to attempt to resolve all course related issues with the instructor and then if necessary with the ChairDirector of the teaching departmentschool as soon as they arise An appeal may be filed only if the issue cannot be resolved appropriately Failure to deal with a situation as soon as it arises will jeopardize any appeal
Students who believe that an assignment test or exam has not been appropriately graded must review their concerns with their instructor within 10 working days of the date when the graded work is returned to the class
STANDARD FOR WRITTEN WORK Students are expected to use an acceptable standard of business communication for
all assignments You are encouraged to obtain assistance from the Writing Centre
8
(httpwwwryersoncawriting-centre) for help with your written communications as needed See the Ryerson Library for APA style guide references online at httpwwwryersoncalibraryrefstylehtml
LATE ASSIGNMENTSStudents must submit assignments on time Failure to do so will result in a penalty of a grade of zero All assignments submitted for grading will be handed back within two weeks except for the final exam
MISSED TERM TESTFINAL EXAMYou need to inform your instructor of any situation which arises during the semester which has an adverse effect on your academic performance and you must request any necessary considerations or accommodations
A doctorrsquos certificate is required to substantiate illness See httpwwwryersoncaacadcouncilOtherhtmlmedicalpdf for the required Ryerson certificateReligious Observance requests are to be made formally within the first two weeks of class See wwwryersoncaacadcouncilcurrentpol150pdf
If you are missing a term test you must do the followingInform your instructor by e-mail prior to the testPresent the completed official Ryerson medical certificate to your instructor within three working days or no later than the next scheduled class
If you are missing the final exam you must do the followingInform your instructor by e-mail prior to the examWithin three business days of the final exam please resent the completed official Ryerson medical certificate to your instructor The instructor will determine if you are eligible for an Incomplete (INC) gradeAn INC can be awarded only when the completion of the outstanding work or an alternate final examination may result in a passing gradeThe outstanding work or alternate examination must be completed by a specified date within three months of the submission of the INC The INC will be replaced by an official course grade when the work is completed If the work is not completed by the deadline the INC will become a grade of FIf your instructor has assigned an incomplete (INC) it is the studentrsquos responsibility to arrange with the instructor to write a makeup exam at the first available opportunity
MAINTAINING A PROFESSIONAL LEARNING ENVIRONMENT Laptop computers cell phones or other devices should not be used in
the classroom as they are distracting to other students speakers and your instructor Otherwise the student will be asked to leave the
9
class
ACADEMIC GRADING POLICYEvaluation of student performance will follow established academic grading policy outlined in the Ryerson GPA Policy at httpwwwryersoncaacadcouncilcurrentpol46pdf The grading system is summarized below
Definition Letter Grade Grade Point Conversion Range
Excellent
A+ 433 90-100
A 400 85-89
A- 367 80-84
Good
B+ 333 77-79
B 300 73-76
B- 267 70-72
Satisfactory
C+ 233 67-69
C 200 63-66
C- 167 60-62
Marginal
D+ 133 57-59
D 100 53-56
D- 067 50-52
Unsatisfactory F 000 0-49
10
httpwwwryersoncaacademicintegrity They should ensure that they understand the conventions for referencing sources in footnotes and bibliographies In addition to citing quotations from all sources whether from written materials interviews or electronic networks students must credit with footnotes or in-text references all facts and ideas that are not their own EVEN IF THEY ARE IN YOUR OWN WORDS If you do not it is considered plagiarism In any academic exercise plagiarism occurs when one offers as onersquos own work the words data ideas arguments calculations designs or productions of another without appropriate attribution or when one allows onersquos work to be copied (See the Ryerson Library for APA style guide references httpwwwryersoncalibraryrefstylehtml)
It is assumed that all examinations and work submitted for evaluation and course credit will be the product of individual effort except in the case of team projects arranged for and approved by the course instructor Submitting the same work to more than one course without instructorsrsquo approval is also considered plagiarism
Students who have committed academic misconduct will at a minimum receive a ldquo0rdquo on the work and an instructor may assign an ldquoFrdquo in the course The Academic Integrity Seminar may also be assigned Students will have the notation Disciplinary Notice (DN) placed on their academic record and official transcript The notation shall remain until the students graduate or for eight (8) years whichever comes first If you receive this in the first half of your program you may undergo a petition process to have it removed in your last year
Students who commit academic misconduct a second time shall be placed on Disciplinary Suspension (DS) for up to two years at which time they may apply for reinstatement to a program The designation DS shall be placed on their permanent academic record and official transcript The notation shall remain until students graduate or for eight (8) years whichever comes first
Disciplinary Withdrawn standing (DW) shall be permanently noted on studentsrsquo academic records and official transcripts
Expulsions shall be permanently noted on studentsrsquo academic records and official transcripts
o NOTE Students may not drop a course when they have been notified of the suspicion of academic misconduct If a student attempts to drop the course the Registrarrsquos office will re-register the student in that course until a decision is reached
7
When an instructor has reason to suspect that an individual piece of work has been plagiarized the instructor shall be permitted to submit that work to any plagiarism detection service
CHEATING ON AN EXAM OR TEST Ryersonrsquos Examination Policy requires that all students have a valid student identification card or other photo identification on their desk at all times when taking an examination If it is suspected that someone is impersonating a student the photo identification of that person will be checked and the person will be asked to sign the exam paper for further verification If it is suspected that the identification is not valid students may be asked to provide alternate photo identification Security may be called if circumstances warrant
E-MAIL ACCOUNTSStudents are required to activate and maintain a Ryerson Matrix e-mail account This shall be the official means by which you will receive university communications See wwwryersoncaacadcouncilcurrentpol157pdf
ACCOMODATION OF STUDENTS WITH DISABILITIESIn order to facilitate the academic success and access of students with disabilities these students should register with the Access Centre httpwwwryersoncaaccesscentreindexhtml
They should also inform their instructor through an ldquoAccommodation Form for Professorsrdquo that they are registered with the Access Centre and what accommodations are required
STUDENT RESPONSIBILITIES IN ACADEMIC APPEALS Students should read the Undergraduate Academic Consideration and
Appeals policy at wwwryersoncaacadcouncilcurrentpol134pdf It is the studentrsquos responsibility to notify and consult with either the
instructor or the ChairDirector of the teaching departmentschool depending on the situation as soon as circumstances arise that are likely to affect academic performance It is also the studentrsquos responsibility to attempt to resolve all course related issues with the instructor and then if necessary with the ChairDirector of the teaching departmentschool as soon as they arise An appeal may be filed only if the issue cannot be resolved appropriately Failure to deal with a situation as soon as it arises will jeopardize any appeal
Students who believe that an assignment test or exam has not been appropriately graded must review their concerns with their instructor within 10 working days of the date when the graded work is returned to the class
STANDARD FOR WRITTEN WORK Students are expected to use an acceptable standard of business communication for
all assignments You are encouraged to obtain assistance from the Writing Centre
8
(httpwwwryersoncawriting-centre) for help with your written communications as needed See the Ryerson Library for APA style guide references online at httpwwwryersoncalibraryrefstylehtml
LATE ASSIGNMENTSStudents must submit assignments on time Failure to do so will result in a penalty of a grade of zero All assignments submitted for grading will be handed back within two weeks except for the final exam
MISSED TERM TESTFINAL EXAMYou need to inform your instructor of any situation which arises during the semester which has an adverse effect on your academic performance and you must request any necessary considerations or accommodations
A doctorrsquos certificate is required to substantiate illness See httpwwwryersoncaacadcouncilOtherhtmlmedicalpdf for the required Ryerson certificateReligious Observance requests are to be made formally within the first two weeks of class See wwwryersoncaacadcouncilcurrentpol150pdf
If you are missing a term test you must do the followingInform your instructor by e-mail prior to the testPresent the completed official Ryerson medical certificate to your instructor within three working days or no later than the next scheduled class
If you are missing the final exam you must do the followingInform your instructor by e-mail prior to the examWithin three business days of the final exam please resent the completed official Ryerson medical certificate to your instructor The instructor will determine if you are eligible for an Incomplete (INC) gradeAn INC can be awarded only when the completion of the outstanding work or an alternate final examination may result in a passing gradeThe outstanding work or alternate examination must be completed by a specified date within three months of the submission of the INC The INC will be replaced by an official course grade when the work is completed If the work is not completed by the deadline the INC will become a grade of FIf your instructor has assigned an incomplete (INC) it is the studentrsquos responsibility to arrange with the instructor to write a makeup exam at the first available opportunity
MAINTAINING A PROFESSIONAL LEARNING ENVIRONMENT Laptop computers cell phones or other devices should not be used in
the classroom as they are distracting to other students speakers and your instructor Otherwise the student will be asked to leave the
9
class
ACADEMIC GRADING POLICYEvaluation of student performance will follow established academic grading policy outlined in the Ryerson GPA Policy at httpwwwryersoncaacadcouncilcurrentpol46pdf The grading system is summarized below
Definition Letter Grade Grade Point Conversion Range
Excellent
A+ 433 90-100
A 400 85-89
A- 367 80-84
Good
B+ 333 77-79
B 300 73-76
B- 267 70-72
Satisfactory
C+ 233 67-69
C 200 63-66
C- 167 60-62
Marginal
D+ 133 57-59
D 100 53-56
D- 067 50-52
Unsatisfactory F 000 0-49
10
When an instructor has reason to suspect that an individual piece of work has been plagiarized the instructor shall be permitted to submit that work to any plagiarism detection service
CHEATING ON AN EXAM OR TEST Ryersonrsquos Examination Policy requires that all students have a valid student identification card or other photo identification on their desk at all times when taking an examination If it is suspected that someone is impersonating a student the photo identification of that person will be checked and the person will be asked to sign the exam paper for further verification If it is suspected that the identification is not valid students may be asked to provide alternate photo identification Security may be called if circumstances warrant
E-MAIL ACCOUNTSStudents are required to activate and maintain a Ryerson Matrix e-mail account This shall be the official means by which you will receive university communications See wwwryersoncaacadcouncilcurrentpol157pdf
ACCOMODATION OF STUDENTS WITH DISABILITIESIn order to facilitate the academic success and access of students with disabilities these students should register with the Access Centre httpwwwryersoncaaccesscentreindexhtml
They should also inform their instructor through an ldquoAccommodation Form for Professorsrdquo that they are registered with the Access Centre and what accommodations are required
STUDENT RESPONSIBILITIES IN ACADEMIC APPEALS Students should read the Undergraduate Academic Consideration and
Appeals policy at wwwryersoncaacadcouncilcurrentpol134pdf It is the studentrsquos responsibility to notify and consult with either the
instructor or the ChairDirector of the teaching departmentschool depending on the situation as soon as circumstances arise that are likely to affect academic performance It is also the studentrsquos responsibility to attempt to resolve all course related issues with the instructor and then if necessary with the ChairDirector of the teaching departmentschool as soon as they arise An appeal may be filed only if the issue cannot be resolved appropriately Failure to deal with a situation as soon as it arises will jeopardize any appeal
Students who believe that an assignment test or exam has not been appropriately graded must review their concerns with their instructor within 10 working days of the date when the graded work is returned to the class
STANDARD FOR WRITTEN WORK Students are expected to use an acceptable standard of business communication for
all assignments You are encouraged to obtain assistance from the Writing Centre
8
(httpwwwryersoncawriting-centre) for help with your written communications as needed See the Ryerson Library for APA style guide references online at httpwwwryersoncalibraryrefstylehtml
LATE ASSIGNMENTSStudents must submit assignments on time Failure to do so will result in a penalty of a grade of zero All assignments submitted for grading will be handed back within two weeks except for the final exam
MISSED TERM TESTFINAL EXAMYou need to inform your instructor of any situation which arises during the semester which has an adverse effect on your academic performance and you must request any necessary considerations or accommodations
A doctorrsquos certificate is required to substantiate illness See httpwwwryersoncaacadcouncilOtherhtmlmedicalpdf for the required Ryerson certificateReligious Observance requests are to be made formally within the first two weeks of class See wwwryersoncaacadcouncilcurrentpol150pdf
If you are missing a term test you must do the followingInform your instructor by e-mail prior to the testPresent the completed official Ryerson medical certificate to your instructor within three working days or no later than the next scheduled class
If you are missing the final exam you must do the followingInform your instructor by e-mail prior to the examWithin three business days of the final exam please resent the completed official Ryerson medical certificate to your instructor The instructor will determine if you are eligible for an Incomplete (INC) gradeAn INC can be awarded only when the completion of the outstanding work or an alternate final examination may result in a passing gradeThe outstanding work or alternate examination must be completed by a specified date within three months of the submission of the INC The INC will be replaced by an official course grade when the work is completed If the work is not completed by the deadline the INC will become a grade of FIf your instructor has assigned an incomplete (INC) it is the studentrsquos responsibility to arrange with the instructor to write a makeup exam at the first available opportunity
MAINTAINING A PROFESSIONAL LEARNING ENVIRONMENT Laptop computers cell phones or other devices should not be used in
the classroom as they are distracting to other students speakers and your instructor Otherwise the student will be asked to leave the
9
class
ACADEMIC GRADING POLICYEvaluation of student performance will follow established academic grading policy outlined in the Ryerson GPA Policy at httpwwwryersoncaacadcouncilcurrentpol46pdf The grading system is summarized below
Definition Letter Grade Grade Point Conversion Range
Excellent
A+ 433 90-100
A 400 85-89
A- 367 80-84
Good
B+ 333 77-79
B 300 73-76
B- 267 70-72
Satisfactory
C+ 233 67-69
C 200 63-66
C- 167 60-62
Marginal
D+ 133 57-59
D 100 53-56
D- 067 50-52
Unsatisfactory F 000 0-49
10
(httpwwwryersoncawriting-centre) for help with your written communications as needed See the Ryerson Library for APA style guide references online at httpwwwryersoncalibraryrefstylehtml
LATE ASSIGNMENTSStudents must submit assignments on time Failure to do so will result in a penalty of a grade of zero All assignments submitted for grading will be handed back within two weeks except for the final exam
MISSED TERM TESTFINAL EXAMYou need to inform your instructor of any situation which arises during the semester which has an adverse effect on your academic performance and you must request any necessary considerations or accommodations
A doctorrsquos certificate is required to substantiate illness See httpwwwryersoncaacadcouncilOtherhtmlmedicalpdf for the required Ryerson certificateReligious Observance requests are to be made formally within the first two weeks of class See wwwryersoncaacadcouncilcurrentpol150pdf
If you are missing a term test you must do the followingInform your instructor by e-mail prior to the testPresent the completed official Ryerson medical certificate to your instructor within three working days or no later than the next scheduled class
If you are missing the final exam you must do the followingInform your instructor by e-mail prior to the examWithin three business days of the final exam please resent the completed official Ryerson medical certificate to your instructor The instructor will determine if you are eligible for an Incomplete (INC) gradeAn INC can be awarded only when the completion of the outstanding work or an alternate final examination may result in a passing gradeThe outstanding work or alternate examination must be completed by a specified date within three months of the submission of the INC The INC will be replaced by an official course grade when the work is completed If the work is not completed by the deadline the INC will become a grade of FIf your instructor has assigned an incomplete (INC) it is the studentrsquos responsibility to arrange with the instructor to write a makeup exam at the first available opportunity
MAINTAINING A PROFESSIONAL LEARNING ENVIRONMENT Laptop computers cell phones or other devices should not be used in
the classroom as they are distracting to other students speakers and your instructor Otherwise the student will be asked to leave the
9
class
ACADEMIC GRADING POLICYEvaluation of student performance will follow established academic grading policy outlined in the Ryerson GPA Policy at httpwwwryersoncaacadcouncilcurrentpol46pdf The grading system is summarized below
Definition Letter Grade Grade Point Conversion Range
Excellent
A+ 433 90-100
A 400 85-89
A- 367 80-84
Good
B+ 333 77-79
B 300 73-76
B- 267 70-72
Satisfactory
C+ 233 67-69
C 200 63-66
C- 167 60-62
Marginal
D+ 133 57-59
D 100 53-56
D- 067 50-52
Unsatisfactory F 000 0-49
10
class
ACADEMIC GRADING POLICYEvaluation of student performance will follow established academic grading policy outlined in the Ryerson GPA Policy at httpwwwryersoncaacadcouncilcurrentpol46pdf The grading system is summarized below
Definition Letter Grade Grade Point Conversion Range
Excellent
A+ 433 90-100
A 400 85-89
A- 367 80-84
Good
B+ 333 77-79
B 300 73-76
B- 267 70-72
Satisfactory
C+ 233 67-69
C 200 63-66
C- 167 60-62
Marginal
D+ 133 57-59
D 100 53-56
D- 067 50-52
Unsatisfactory F 000 0-49
10
![INDEX []...INDEX Page 501-E01 CYLINDER, HEAD AND COVER 3 501-E02 PISTON/CRANKSHAFT 5 501-E03 INTAKE/ESHAUST 7 501-E04 WATER PUMP 11 501-E05 OIL PUMP 13 501-E06 OIL SYSTEM 15 501-E07](https://img.pdfslide.us/doc/110x75/5e9579482775034fef0cc642/index-index-page-501-e01-cylinder-head-and-cover-3-501-e02-pistoncrankshaft.jpg)
![AIRPORT STANDARDS DIRECTIVE 501 [ASD 501]](https://img.pdfslide.us/doc/110x75/618e31252c83855c9d65730e/airport-standards-directive-501-asd-501.jpg)
