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MASTER SYLLABUS

Master Syllabus

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Administrative Unit: Business Administration Department
Course Prefix and Number: FINC 350
Course Title: Business Finance
Number of:
Credit Hours 3
Lecture Hours 3
Lab Hours 0
Catalog Description: A study of the finance function in corporate decision-making. Topics include financial statement analysis, risk and return, valuation, cost of capital, working capital management, the time value of money, and capital budgeting. Prerequisites: ACCT 281; MATH 150 or MATH 170.
 
Prerequisite(s) / Corequisite(s): ACCT 281; MATH 150 or MATH 170.
 
Course Rotation for Day Program: Offered Fall and Spring.
 
Text(s): Most current editions of the following:

Foundations of Financial Management
By Block and Hirt (McGraw-Hill/Irwin)
Recommended
Foundations of Finance
By Keown, Petty, Scott, Martin (Irwin/McGraw-Hill)
Recommended
Principles of Managerial Finance
By Gitman (Addison-Wesley)
Recommended
Principles of Managerial Finance-Brief Edition
By Gitman (Addison-Wesley)
Recommended
Essentials of Corporate Finance
By Ross, Westerfield & Jordan (McGraw-Hill Higher Education)
Recommended
 
Course Objectives
  • To demonstrate a working knowledge of theories, methods and procedures used in analyzing the financial management of a firm.
  •  
    Measurable Learning
    Outcomes:
  • Develop the analytical skills necessary of financial decision-making based on an understanding of the factors that impact financial decision-making, implementation and evaluation.
  • Analyze financial statements and interpret financial ratios to assess company performance.
  • Explain how a firm’s operating, financing, and investment decisions are reflected in their financial reports.
  • Describe the importance of effective working capital management.
  • Explain the term structure of interest rates and the relationship between risk and return.
  • Apply the principles of the time value of money to single and multiple cash flows and value corporate securities.
  • Integrate expected rates of return and the firm’s capital structure to calculate and evaluate the firm’s cost of capital.
  • Describe and explain the way in which investment projects are analyzed including the impact of risk, taxes, and inflation and apply techniques of capital budgeting.
  •  
    Topical Outline:

    • Goals and functions of financial management • Financial analysis • Working capital and the financial decision • Time value of money • Valuation and rates of return • Cost of capital • Capital budgeting

     
    Culminating Experience Statement:

    Material from this course may be tested on the Major Field Test (MFT) administered during the Culminating Experience course for the degree. 
    During this course the ETS Proficiency Profile may be administered.  This 40-minute standardized test measures learning in general education courses.  The results of the tests are used by faculty to improve the general education curriculum at the College.

     

    Recommended maximum class size for this course: 30

     
    Library Resources:

    Online databases are available at http://www.ccis.edu/offices/library/index.asp. You may access them from off-campus using your CougarTrack login and password when prompted.

     
    Prepared by: Sally Wells Date: May 15, 2013
    NOTE: The intention of this master course syllabus is to provide an outline of the contents of this course, as specified by the faculty of Columbia College, regardless of who teaches the course, when it is taught, or where it is taught. Faculty members teaching this course for Columbia College are expected to facilitate learning pursuant to the course objectives and cover the subjects listed in the topical outline. However, instructors are also encouraged to cover additional topics of interest so long as those topics are relevant to the course's subject. The master syllabus is, therefore, prescriptive in nature but also allows for a diversity of individual approaches to course material.

    Office of Academic Affairs
    12/04