Effective: Early Spring 8-Week 2017/2018

ECON 495: *International Finance

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  Course Description

Understanding and application of the concepts of corporate finance, financial markets, and investments in an international context. Specific topics include an overview of the international monetary system, international financial markets (currency, equity and bond markets), the "parity conditions" of international finance, foreign exchange risk management, global investing, international capital budgeting, and global working capital management. Course meets multicultural graduation requirement. Cross-listed as ECON 495 and FINC 495.

Prerequisite: ECON 293, FINC 350

Proctored Exams: None



  Textbooks

Required

  • Eun, Cheol and Bruce Resnick. International Financial Management. 7th ed. Irwin/McGraw-Hill, 2015.
    • ISBN-978-0-07-786160-5

MBS Information

Textbooks for the course may be ordered from MBS Direct. You can order

For additional information about the bookstore, visit http://www.mbsbooks.com.

  Course Overview

Welcome to International Finance online!  We will begin our study with discussions about globalization, which is possibly the most important trend in finance.  During the first week, we will also discuss the international monetary system and the balance of payments.  Next, we will move into topics on international corporate governance and begin our discussion of the foreign exchange market by looking at interest rate parity, purchasing power parity, and the Fischer effects.  Our discussion on foreign exchange will continue with topics dealing with futures and options on foreign exchange and foreign exchange risk.  We will consider types of foreign exchange exposure, as well as methods for managing exposure.  Our focus will then move toward banking, money markets & equity markets from an international perspective, and the international futures and options markets.  Currency swaps, interest rate swaps, and portfolio theory will be the next topics, followed by multinational financial management, which will focus on foreign direct investment, cost of capital, and capital budgeting in an international setting.  We will conclude the course with an examination of multinational cash management, trade finances, and taxes.

  Technology Requirements

Participation in this course will require the basic technology for all online classes at Columbia College:
  • A computer with reliable Internet access
  • A web browser
  • Acrobat Reader
  • Microsoft Office or another word processor such as Open Office

You can find more details about standard technical requirements for our courses on our site.

  Course Objectives

  • To understand the international monetary system and the operation of financial markets within this system.
  • To apply the concepts of corporate finance, financial markets and investments in an international context.

  Measurable Learning Outcomes

  • Explain the concept of arbitrage as it applies to international finance.
  • Explain the operation and purpose of forward, futures and options foreign currency markets.
  • Explain the concepts of Interest Rate Parity and Purchasing Power Parity and their relationship to forward exchange rates.
  • Calculate cross-currency exchange rates.
  • Explain the types of international banking operations.
  • Explain the operation of international bond markets, international equity markets and the basics of international portfolio investment.
  • Explain how currency values are determined.
  • Explain the currency exchange rate regimes used in the international markets.
  • Explain the concepts of Economic Exposure, Transaction Exposure and Translation Exposure as they apply to international financial management.
  • Identify the various organizations and institutions that make up the international financial system.
  • Calculate the balance of payments and describe the components of the current account balance and the capital account balance.
  • Describe and explain how firms make financial decisions concerning investment, cash flow, and capital structure within the international financial environment.
  • Explain the evolution of the international monetary system.

  Grading

Grading Scale

Grade Points Percent
A 900-1000 90-100%
B 800-899 80-89%
C 700-799 70-79%
D 600-699 60-69%
F 0-599 0-59%

Grade Weights

Assignment Category Points Percent
Discussion 160 16%
Dropbox Assignments 140 14%
Research Paper 200 20%
Quizzes 100 10%
Exams 400 40%
Total 1000 100%

  Schedule of Due Dates

Week 1

Assignment Points Due
Introductions Wednesday
Discussion 1 5
Discussion 2 5
Responses 10 Sunday
Dropbox Assignment 1 15

Week 2

Assignment Points Due
Discussion 3 5 Wednesday
Discussion 4 5
Responses 10 Sunday
Dropbox Assignment 2 20
Quiz 1 50

Week 3

Assignment Points Due
Discussion 5 5 Wednesday
Discussion 6 5
Responses 10 Sunday
Dropbox Assignment 3 20

Week 4

Assignment Points Due
Discussion 7 5 Wednesday
Discussion 8 5
Responses 10 Sunday
Dropbox Assignment 4 15
Midterm Exam 200

Week 5

Assignment Points Due
Discussion 9 5 Wednesday
Discussion 10 5
Responses 10 Sunday
Dropbox Assignment 5 20
Research Paper 200

Week 6

Assignment Points Due
Discussion 11 5 Wednesday
Discussion 12 5
Responses 10 Sunday
Dropbox Assignment 6 15
Quiz 2 50

Week 7

Assignment Points Due
Discussion 13 5 Wednesday
Discussion 14 5
Responses 10 Sunday
Dropbox Assignment 7 15

Week 8

Assignment Points Due
Discussion 15 5 Wednesday
Discussion 16 5
Responses 10 Saturday
Dropbox Assignment 8 20
Final Exam 200
Total Points: 1000

  Assignment Overview

Weekly Readings

Weekly Readings should be read prior to submitting discussion and other assignments each week.

Discussion

Online discussion postings should be completed by the due dates listed in the course schedule above. You should post a substantive initial response to each discussion question or topic by Wednesday each week, and courteous and respectful responses to at least two classmates for each question or my follow up questions should be posted by Sunday at 11:59 PM, Central Time, of the assigned week. All postings MUST BE in the student’s own words! I do not want you quoting the textbook for your posts.  In addition to the assigned question, students should use the discussion area to share their thoughts on the course work. I will be checking postings, asking and responding to questions regularly. In addition to writing your own postings, please make sure you read each others’ and mine. I will post additional questions, and I expect responses. Please remember, “Nice Post!” or “Very clearly stated!” or other phrases of that type do not constitute a good response.
General guidelines:

1. Your initial responses in each discussion should be substantial of at least 250 words.

2. Each of your responses to other students should be substantive of at least 100 words.

3. Use proper grammar and spelling and cite all references. 

4. All initial posts should have references. No exceptions. I do check references.

5. Your initial submissions must be turned in by Wednesday 11:59 PM CT.

Weekly Assignments

There are assignments from the text to be completed and handed in each week. The assignments are listed in the course schedule above. The assignments are due each Sunday at midnight. You must show your work. Answers without work will receive large deductions.

Research Paper

A 10 - 15 page, double-spaced analytical research paper written in MLA style is to be completed by each student.  It should be a minimum of 2,500 words. Please do not do less. That’s 10 – 15 full pages of written work – not including title pages, exhibits, and bibliography. Exhibits such as graphs, tables, & pictures, should be in a separate section at the end of the paper – just before the bibliography. Papers shorter than 10 full pages will receive a “0%”. The paper will be worth 200 points and is due Sunday of Week 5.  You will write on one of the following topics related to the international credit crisis:

  1. Bankruptcy of Lehman Brothers – explain the direct and indirect adverse effects of the Lehman Brothers bankruptcy on foreign countries.
  2. Several countries around the world were adversely affected by the credit crisis. Choose a foreign country and discuss how the government of that country responded to the crisis.In your opinion, was their response more or less effective than the US government’s response? How so?
  3. Select a foreign country. Explain how that country was affected by the crisis.In your analysis, please discuss the impact on the countries’ financial institutions, currency, multinational companies, & imports and exports.
  4. Choose a multinational company. Discuss how the company was affected by the credit crisis. Your analysis must include a comparison of its financial performance in 2007 and 2008.
  5. AIG has had significant financial problems over the past 4 years. Explain the direct and indirect adverse effects of those problems on foreign countries
  6. What was the impact of the credit crisis on exchange rates? Discuss why the exchange rates of individual currencies were affected by the crisis.

You are required to cite at least five sources.   YOU MAY NOT USE WIKIPEDIA AS A SOURCE! The paper will be graded on quality of content, style, grammar, and spelling in that order. You will submit the paper to the Dropbox as either a Word document or a Rich Text Format (RTF) document on or before the due date.  PAPERS WILL NOT BE ACCEPTED LATE!  If you are unsure what a research paper entails, I invite you to check out this website from the Purdue University Online Writing Project for guidance. http://owl.english.purdue.edu/workshops/hypertext/ResearchW/index.html

I ACTIVELY CHECK ALL PAPERS AND ESSAYS FOR PLAGIARISM! Consequences for plagiarism will include receiving a “0%” for the paper or essay and referral to the appropriate authorities at the college for further disciplinary action. Plagiarism includes but is not limited to:

  1. Handing in a term paper or essay purchased on the web as your own work – save your money, this is veryeasy to catch.
  2. Copying sections of your paper or essay from websites without noting sources.
  3. Copying a large portion of your paper or essay from any source or sources – cited or not.You can quote sources, but I expect the great majority (at least 80%) of the written work to be your original material.
  4. 4. All papers must be submitted through the appropriate link in the drop box area. Papers are not accepted by e-mail. All papers are checked for plagiarism. Papers should have a similarity index score of less than 20%. If over 20% similarity, points will be reduced and over 50%, a grade of Zero will be applied. Cut and paste of materials, even if you cite it and quotes placed on it for more than a few sentences or a paragraph, it is an academic violation. The vast majority of your paper should be your own original words and work. Material and ideas used should be paraphrased and cited and if you do quote a sentence or paragraph (Used very sparingly) then it must be quoted and cited properly.

If you are unclear as to what constitutes plagiarism, check out this website: http://www.indiana.edu/~wts/wts/plagiarism.html

I do not tolerate academic dishonesty and I suggest you do not test me on this issue. I will be using Turnitin.com. Turnitin.com examines each paper and essay and determines what percentage of them came from the web – either from a website or from a paper purchased on the internet.

Quizzes

There will be 2 quizzes – one in week 2 and one in week 6. They should be completed by midnight Sunday the week assigned.  Each quiz is worth 60 points and you will have 2 chances to take each quiz. They can be accessed through the Quizzes area of the course.

Exams

There will be online midterm and final exams, each worth 200 points. Each exam will be timed. You will be given 3 hours to complete each exam. Exams can be accessed through the Quizzes area of the course.

  Course Outline

Click on each week to view details about the activities scheduled for that week.

Readings
Chapters 1 through 3.
Introductions
Introduce yourself in the "Introductions" topic of the Discussions area of the course. Please give us more than your name. Include your profession, hobbies, why you are taking this class, and any other information that can help us get to know you.
Discussion 1
In the “Discussion Question 1” topic, please post your thoughts on the following: The liberalization of international trade is an observable fact in the world today and free trade, based upon Ricardo’s theory of comparative advantage, is one of the goals of the World Trade Organization (WTO). The theory of comparative advantage suggests that all countries would benefit from free trade. So, if free trade is such a good thing, why have thousands of individuals protested at WTO meetings? Are these people misinformed or do they have a valid (or at least arguable) point? Please post your response in the appropriate Discussions topic by midnight Wednesday.
Discussion 2
In the “Discussion Question 2” topic, please respond to the following questions: Over the past 30 years, the US has existed in a situation of constant current account deficits while Japan has had nothing but current account surpluses over that same time period.  The book suggests that current account deficits have a detrimental effect on a country’s wealth while surpluses have a positive effect.  Over most of the same time period, the US economy has experienced massive expansion, while the Japanese economy’s performance has been lackluster. How do you reconcile these seemingly contradictory facts? What are the primary causes of the US deficits and the Japanese surpluses? Please post your response by midnight Wednesday.
Responses
Responses to follow-up questions and classmates' discussion posts.
Dropbox Assignment 1

Exercises and Problems from Chapters 1-3: 

Chapter 1, Pg 23 Questions 7 - 10
Chapter 2, Pg 59 & 60 Questions 1 - 13
Chapter 3, Pg 78 & 79 Questions 3 – 8 & 11 - 12
Chapter 3, Pg 79 Problem 1

Readings
Chapters 4, 5, and 6.
Discussion 3
The market for foreign exchange is the largest financial market in the world with the largest volume of trades occurring in London, UK.  Most of the participants in that market are commercial banks. Various countries central banks occasionally intervene in the market.  What is the motivation for and intended effect of their intervention?  Do you think they are able to achieve their goals? Do you think the introduction of the Euro has had an impact on the market?  If so, what kind of effect? Please post your response in the appropriate thread by midnight Wednesday.
Discussion 4
The book discusses arbitrage. What is arbitrage? There is some controversy about whether or not arbitrage has a destabilizing effect on exchange rates. Does arbitrage have a destabilizing effect on exchange rates or doesn’t it? Please back up your opinion. Please post your response by midnight Wednesday.
Responses
Responses to follow-up questions and classmates' discussion posts.
Dropbox Assignment 2

Exercises and Problems from Chapters 4-6: 

Chapter 4, Pg 105 & 106 Questions 1 – 3 & 7
Chapter 5, Pg 136 Questions 2 & 7 - 10
Chapter 5, Pg 136 &137 Problems 1, 2, 3, & 8
Chapter 6, Pg 166 &167 Questions 1 - 11
Chapter 6, Pg 167 & 168 Problems 3 & 7

Quiz 1
Covers chapters 1 – 6, worth 50 points.
Readings
Chapters 7 and 8.
Discussion 5
Forward contracts and futures contracts have similar functions and different features. Among those features are the fact that while forward contracts are closed out by specific performance, futures contracts are almost never closed out that way. Why not? Since the contracts are closed out in different ways, it is implied that the parties to these contracts have different goals. What types of entities get involved in each? How might their goals differ? Please post your response by midnight Wednesday.
Discussion 6

Here is a link to a “NOVA” video “The Midas Formula: Trillion Dollar Bethttps://www.youtube.com/watch?v=tsZRndV5lIc

Answer the following questions:

  1. The main characters in the video, Myron Scholes & Robert Merton, are both Nobel Laureates. In the video, they discuss the founding of a hedge fund called Long Term Capital Management (LTCM) in 1994 which primarily utilized the option pricing model they created, the Black Scholes Option Pricing Model.What outside factors lead to the demise of the fund?
  2. Does the impact of the outside factors I referred to in 1 (above) lead you to any conclusions about globalization of financial markets? After watching the video, do you think that options are a viable tool for hedging risk?
  3. Could the bailout by the Federal Reserve in 1998 and subsequent closing of the fund in 2000 be seen as a precursor of the 2008 Bear Sterns bailout, Lehman Brothers failure, credit crisis and subsequent bank bailout?
  4. Please do some outside research on the LTCM failure. How were Henry Paulson, Jon Corzine, & Warren Buffet involved in the failure? Do you think that the involvement of Mr. Paulson had an impact on his actions as Treasury Secretary in 2008?

 Please post your response by midnight Wednesday.

Responses
Responses to follow-up questions and classmates' discussion posts.
Dropbox Assignment 3

Exercises and Problems from Chapters 7 & 8: 

Chapter 7, Pg 194 Questions 1 - 7
Chapter 7, Pg 194 & 195 Problems 1, 2, 9, & 10
Chapter 8, Pg 215 Questions 1 – 4 & 7 - 8
Chapter 8, Pg 216 Problem 3
Readings
Chapters 9 and 10.
Discussion 7
Consider economic, transaction, and translation exposure. Which of these is easiest to mitigate and what would be the most effective way of doing that? Is one a larger danger than the others? Which is most potentially devastating of the three? Why? Please post your response by midnight Wednesday.
Discussion 8
We’ve discussed transaction, economic, & translation exposure. What is operating exposure? How is it related to the other types of exposure? Please post your response by midnight Wednesday.
Responses
Responses to follow-up questions and classmates' discussion posts.
Dropbox Assignment 4

Exercises and Problems from Chapters 9 & 10: 

Chapter 9, Pg 242 Questions 1, 5, & 8 – 9
Chapter 9, Pg 242 Problem 2
Chapter 10, Pg 259 Questions 1,2, & 5
Midterm Exam
All online, timed, 3 hours. The exam is worth 200 points, will cover chapters 1-10 and will be all multiple choice. Please complete your exam by midnight Sunday.
Readings
Chapters 11 and 12.
Discussion 9
The following quote is from Implications of globalization of the banking International capital markets: Developments, prospects, and key policy issues.  By Donald J. Mathieson and Garry J. Schinasi. 2000. “It has been suggested that foreign banks can provide a more stable source of credit and can make the banking system more robust to shocks. The greater stability is said to reflect the fact that the branches and subsidiaries of large international banks can draw on their parent for additional funding and capital when needed. In turn, the parent may be able to provide such funding because it will typically hold a more internationally diversified portfolio than domestic banks, which means that its income stream will be less correlated with purely domestic shocks” This quote suggests that the presence of international banks will reduce the risk and severity of domestic bank crises within a country. I have two questions regarding that assumption; 1. What happens to the risk – does it disappear, get transformed into a different kind of risk, or does it get pushed off on somebody else? 2.  If the statement is true, what went wrong in Argentina since 2001? International banks had a presence in Argentina and yet, the system of payments collapsed. Why? Please post your responses by midnight Wednesday.
Discussion 10
What is the motivation for a bond issuer to issue bonds in a foreign market?? What are the positive economic effects of these transactions for the issuer/investor’s home economy and for the world’s economy?  Negative effects? Please post your response by midnight Wednesday.
Responses
Responses to follow-up questions and classmates' discussion posts.
Dropbox Assignment 5

Exercises and Problems from Chapters 11 & 12: 

Chapter 11, Pg 296 & 297 Questions 1 - 8
Chapter 11, Pg 297 Problems 2, 3, & 6
Chapter 12, Pg 324 Questions 2, 5, 6, & 7
Chapter 12, Pg 322 Problem 2
Research Paper
Due Sunday at 11:59 PM Central Time.
Readings
Chapters 13 and 14.
Discussion 11
Hedging is an effective tool for mitigating exposure to a variety of risks. Generally speaking, corporations like to keep risk to a minimum, so I would assume that any corporation with exposure to foreign exchange risk would be utilizing hedges to reduce risk. However, there are a lot of firms that do not hedge their exposure.  Why do you think this is?  Do you think hedging is a good idea or not?  Post your response in the appropriate thread by Wednesday, midnight.
Discussion 12
Chapter 14 discusses a variety of different derivative instruments relating to foreign exchange.  What is the underlying function of these different instruments?  Can the same goal be achieved using different derivative instruments?  How? Consider the term disintermediation when you are responding. Please post your response by midnight Wednesday.
Responses
Responses to follow-up questions and classmates' discussion posts.
Dropbox Assignment 6

Exercises and Problems from Chapters 13 & 14: 

Chapter 13, Pg 345 Questions 2 & 4 - 6
Chapter 13, Pg 345 Problems 1 & 2
Chapter 14, Pg 362 Questions 1 - 4
Quiz 2
Covers chapters 11 – 14, worth 50 points.
Course Evaluation
Please evaluate the course. You will have an opportunity to evaluate the course near the end of the session. A link sent to your CougarMail will allow you to access the evaluation. Please note that these evaluations are provided so that I can improve the course, find out what students perceive to be its strengths and weaknesses, and in general assess the success of the course. Please do take the time to fill this out.
Readings
Chapters 15 and 16.
Discussion 13
In chapter 15, page 370 you’ll find Exhibit 15.2, “Correlations among International Stock Returns”. The exhibit has some data on it that you might find confusing. If you look at the last row, the data suggests that stock returns between the US and Australia have a .304 correlation, between the US and France a .225 correlation, Germany, .170, Japan, .137, The Netherlands, .271, Switzerland, .272, and the United Kingdom, .279. The exhibit also suggests that returns between individual stocks within the US have an average correlation of .439. Why are returns less correlated between countries than they are within the US? What are the implications of this for portfolio creation? Post your response no later than midnight Wednesday.
Discussion 14
Please describe some of the potential benefits to a multinational corporation of foreign direct investment?  Nike has expanded its footwear production to Latin America. What do you think motivated them to do so? What are the potential non-financial benefits to the company that is being invested in? Do you think that multinational corporations should invest in countries with poor child labor laws? Why or why not? How does your response to that question relate to the responses to my previous questions? Post your response no later than midnight Wednesday.
Responses
Responses to follow-up questions and classmates' discussion posts.
Dropbox Assignment 7

Exercises and Problems from Chapters 15 & 16: 

Chapter 15, Pg 391 Questions 1 - 6
Chapter 15, Pg 392 Problems 1, 2, 3, & 4
Chapter 16, Pg 426 Questions 1 - 8
Readings
Chapters 17 and 18.
Discussion 15
Given what you’ve learned about multinational cash management and interest rate parity, do you think that interest rate parity should prevent a multinational corporation from investing in foreign currencies? Why or why not? Post your response no later than midnight Wednesday.
Discussion 16
The principles of Capital Budgeting seem to be universal.  So why do we have a whole chapter on International Capital Budgeting?  The Cost of Capital differs between different companies. Does the Cost of Capital differ between different countries? Why? Are the reasons for differences between companies similar to the reasons for differences between countries? Post your response no later than midnight Wednesday.
Responses
Responses to follow-up questions and classmates' discussion posts.
Dropbox Assignment 8

Exercises and Problems from Chapters 17 & 18: 

Chapter 17, Pg 452 & 453 Questions 1 - 6
Chapter 17, Pg 453 Problems 1 & 3
Chapter 18, Pg 472 Questions 1 - 5
Chapter 18, Pg 472 & 473 Problems 3, 4, & 5
Final Exam
All online, timed, 3 hours. The exam is worth 200 points and will be all multiple choice. Chapters 11 - 18 will be covered. Please complete your exam by midnight Saturday.

  Course Policies

Student Conduct

All Columbia College students, whether enrolled in a land-based or online course, are responsible for behaving in a manner consistent with Columbia College's Student Conduct Code and Acceptable Use Policy. Students violating these policies will be referred to the office of Student Affairs and/or the office of Academic Affairs for possible disciplinary action. The Student Code of Conduct and the Computer Use Policy for students can be found in the Columbia College Student Handbook. The Handbook is available online; you can also obtain a copy by calling the Student Affairs office (Campus Life) at 573-875-7400. The teacher maintains the right to manage a positive learning environment, and all students must adhere to the conventions of online etiquette.

Plagiarism

Your grade will be based in large part on the originality of your ideas and your written presentation of these ideas. Presenting the words, ideas, or expression of another in any form as your own is plagiarism. Students who fail to properly give credit for information contained in their written work (papers, journals, exams, etc.) are violating the intellectual property rights of the original author. For proper citation of the original authors, you should reference the appropriate publication manual for your degree program or course (APA, MLA, etc.). Violations are taken seriously in higher education and may result in a failing grade on the assignment, a grade of "F" for the course, or dismissal from the College.

Collaboration conducted between students without prior permission from the instructor is considered plagiarism and will be treated as such. Spouses and roommates taking the same course should be particularly careful.

All required papers may be submitted for textual similarity review to Turnitin.com for the detection of plagiarism. All submitted papers may be included in the Turnitin.com reference database for the purpose of detecting plagiarism. This service is subject to the Terms and Conditions of Use posted on the Turnitin.com site.

Non-Discrimination

There will be no discrimination on the basis of sex, race, color, national origin, sexual orientation, religion, ideology, political affiliation, veteran status, age, physical handicap, or marital status.

Student Accessibility Resources

Students with documented disabilities who may need academic services for this course are required to register with the office of Student Accessibility Resources. Until the student has been cleared through this office, accommodations do not have to be granted. If you are a student who has a documented disability, it is important for you to read the entire syllabus as soon as possible. The structure or the content of the course may make an accommodation not feasible. Student Accessibility Resources is located in Student Affairs in AHSC 215 and can be reached by phone at (573) 875-7626 or email at sar@ccis.edu.

Online Participation

You are expected to read the assigned texts and participate in the discussions and other course activities each week. Assignments should be posted by the due dates stated on the grading schedule in your syllabus. If an emergency arises that prevents you from participating in class, please let your instructor know as soon as possible.

Attendance Policy

Attendance for a week will be counted as having submitted any assigned activity for which points are earned. Attendance for the week is based upon the date work is submitted. A class week is defined as the period of time between Monday and Sunday (except for week 8, when the work and the course will end on Saturday at midnight.) The course and system deadlines are based on the Central Time Zone.

Cougar Email

All students are provided a CougarMail account when they enroll in classes at Columbia College. You are responsible for monitoring email from that account for important messages from the College and from your instructor. You may forward your Cougar email account to another account; however, the College cannot be held responsible for breaches in security or service interruptions with other email providers.

Students should use email for private messages to the instructor and other students. The class discussions are for public messages so the class members can each see what others have to say about any given topic and respond.

Late Assignment Policy

An online class requires regular participation and a commitment to your instructor and your classmates to regularly engage in the reading, discussion and writing assignments. Although most of the online communication for this course is asynchronous, you must be able to commit to the schedule of work for the class for the next eight weeks. You must keep up with the schedule of reading and writing to successfully complete the class.

No late discussion posts will be accepted.

No late assignments will be accepted without my approval. This applies to all assignments. If assignments are not completed by the due date and you don’t have permission from me for an extension, you will get a zero for that assignment.

Course Evaluation

You will have an opportunity to evaluate the course near the end of the session. A link will be sent to your CougarMail that will allow you to access the evaluation. Be assured that the evaluations are anonymous and that your instructor will not be able to see them until after final grades are submitted.

  Additional Resources

Orientation for New Students

This course is offered online, using course management software provided by Desire2Learn and Columbia College. The course user guide provides details about taking an online course at Columbia College. You may also want to visit the course demonstration to view a sample course before this one opens.

Technical Support

If you have problems accessing the course or posting your assignments, contact your instructor, the Columbia College Helpdesk, or the D2L Helpdesk for assistance. Contact information is also available within the online course environment.

Online Tutoring

Smarthinking is a free online tutoring service available to all Columbia College students. Smarthinking provides real-time online tutoring and homework help for Math, English, and Writing. Smarthinking also provides access to live tutorials in writing and math, as well as a full range of study resources, including writing manuals, sample problems, and study skills manuals. You can access the service from wherever you have a connection to the Internet. I encourage you to take advantage of this free service provided by the college.

Access Smarthinking through CougarTrack under Students -> Academics -> Academic Resources.