1. COURSE OBJECTIVES
This course provides an introduction to financial principles that can be utilized across multi-disciplines with the overall goal of maximizing shareholder value in the organization. The concepts of financial statement analysis, forecasting, leverage, working capital management, the time value of money, capital budgeting, security valuation, and capital markets will be addressed through both lectures and active approaches of problem solving and case discussions.
Finance is central to the operation of every organization. This course explores the theoretical aspects of finance. The end goal is to provide students with the tools necessary to conduct accurate financial analysis. For students pursuing a career in finance, the topics provide the foundation for an immersion in the science of finance. Students pursuing non-finance careers will receive an overview of finance issues encountered by managers.
2. COURSE CONTENT
No.
Contents
Time Allocation
Contribution to CLO
Hour(s) on the class
Essays, exercise,
Assignments
Self-study with teacher’s tutorials
Lecture
Practice, Seminar
1.
Chapter 1: Introduction to Financial Management
3
0
1.5
7
1,2,3,6
2.
Chapter 2: Financial Statement Analysis
1.5
1.5
1.5
4.75
2,3,4,5,6
3.
Chapter 3: Time Value of Money
1.5
1.5
1.5
4.75
2,3,4,5,6
4.
Chapter 4: Discounted Cash Flow Valuation
1.5
1.5
1.5
4.75
2,3,4,5,6
5.
Chapter 5: Interest Rates and Bond Valuation
1.5
1.5
1.5
4.75
2,3,4,5,6
6.
Chapter 5: Interest Rates and Bond Valuation (cont.)
3
1
1.5
7.5
2,3,4,5,6
7.
Chapter 6: Stock Valuation
3
1
1.5
7.5
2,3,4,5,6
8.
Chapter 6: Stock Valuation (cont.)
3
1
1.5
7.5
2,3,4,5,6
9.
Chapter 7: Net Present Value and Alternative Investment Criteria
3
0
1.5
7
2,3,4,5,6
10.
Chapter 7: Net Present Value and Alternative Investment Criteria (cont.)
2
1
1.5
5.5
2,3,4,5,6
11.
Chapter 8: Making Capital Investment Decisions
2
1
1.5
5.5
2,3,4,5,6
12.
Chapter 9: Cost of Capital
2
1
1.5
5.5
1,2,3,4,5,6
13.
Chapter 9: Cost of Capital (cont.)
2
1
1.5
5.5
1,2,3,4,5,6
14.
Chapter 10: Return, Risk, and the Security Market Line
2
1
1.5
5.5
2,3,4,5,6
15.
Chapter 10: Return, Risk, and the Security Market Line (cont.)
2
1
1.5
5.5
1,2,3,4,5,6
Total
30
15
22.5
82.5
3. COURSE ASSESSMENT
- Score ladder: 10
- Type of assessment
Form
Content
Criteria
CLO
Proportion
Formative
Attendance
The number of attendances and participation in lesson
1,4,5,6
10%
Summative
Midterm test
Written exam in 45 minutes
1,2,3,4,5,6
30%
Final test
Written exam in 60 minutes (MCQ and/or essays)
1,2,3,4,5,6
60%
Total:
100%
- Grading rubrics for individual’s/group’s written assignment/report
Criteria
CLO
Weighted Average
Levels of Assessment
Grade
A
B
C
D
F
8,5-10
7-8,4
5,5-6,9
4,0-5,4
<4
Format
20%
All assignment format’s requirements are met with professional look. No spelling & grammar errors; well-presented tables & graphs; and sources are adequately cited.
Assignment format has professional look but may have some format and spelling errors
Assignment has format, spelling and grammar errors. Sources are not adequately cited.
Assignment is sparsely written with many errors of format, spacing, spelling and grammar
Assignment is carelessly written with many format errors; and fails to meet format’s requirements
Writing style
20%
Writing is very clear, coherent, logically organized and interesting. Main ideas are well developed and supported throughout the paper.
Writing is good with clear ideas, but some parts are not logical.
Writing is unclear with some incoherent and vague ideas
Substandard writing which lacks logical organization. Ideas are vague with little evidence of critical thinking
Poor writing with mainly “copy and paste” ideas.
Content
50%
Content meets assignment requirements very well, and indicates the synthesis, expansion and in-depth analysis of ideas. No sign of plagiarism
Content meets assignment requirements without sign of plagiarism. However, content does not indicate the expansion of ideas.
Content basically meets assignment requirements without sign of plagiarism. But some parts of content are inadequate
Content just meets the minimum requirement of assignment, without sign of plagiarism. But the analysis is underdeveloped and unoriginal.
Content strays from the main topic; or plagiarism is over 20%
Reference
10%
A variety of sources are adequately and correctly cited.
A variety of sources are included, but there are some format errors and incorrect citation.
Sources are reasonable but lack of diversity. There are quite a few format errors and incorrect citation.
Sources are lack of diversity. There are many format errors and incorrect citation.
The writing does not use adequate research reference. There are many format errors and incorrect citation.
Member contribution
*Indicates the participation, responsibility and independence
Based on peer review
Active and adequate participation. Proactively working to meet deadline set by group.
Quite active and adequate participation. However, there is a delay in meeting group deadlines.
Not really proactive when participating. there is a delay in meeting group deadlines.
Just participate in a small part of group work. Not proactive when participating
Little or no participation. Shows no responsibility with work and often fails to meet deadlines.
Note:
Lecturer instructs group member to conduct peer review on a scale of 1 to 10, based upon the contribution of each member to group work. The grade of each member will be adjusted according to the peer review which reflects this member’s contribution and participation.