HomeMy WebLinkAboutBNF-201 BERGEN COMMUNITY COLLEGE
DIVISION OF BUSINESS, ARTS, and SOCIAL SCIENCES
BUSINESS DEPARTMENT
BNF-201 Principles of Finance
Syllabus
Course
Description
BNF 201 Principles of Finance covers the basic conceptual
understanding of financial theory and practice. Topics considered
include financial analysis and control, working capital management,
long-term financing, financial leverage, and financial ratios.
Credits/Hours 3 lecture, 0 lab, 3 credits
Prerequisites ACC-101 or ACC-110 & BUS101, or permission by the Department
Head.
Required
Textbook
Essentials of Corporate Finance, 7 ed., Stephen A. Ross, Randolph W.
Westerfield, Bradford D. Jordan, McGraw-Hill.
Other
Materials
All students MUST carry a financial calculator. The calculator must be
equipped with the following financial functions: PV, FV, NPV, PMT,
etc.
Student
Resources
In addition to the resources mentioned above, students are extremely
encouraged to make full use of the Sidney Silverman Library (in person
and online at http://www.bergen.edu/library/ ), the Tutoring Center
(available in person room S-118 and online at
http://www.bergen.edu/library/learning/tutor/ ) , the Writing Center
(available in person room C-110 and online at
http://www.bergen.edu/library/learning/write/ )
Student
Learning
Outcomes
After successfully completing all course activities, the student will be
able to:
1. Identify the role of financial managers, and their relationship to
other business managers;
2. Develop an understanding of time value of money concepts and
its applicability to economic decisions;
3. Evaluate financial statements in order to make investment,
management and personal decisions;
4. Identify and analyze the characteristics of different investment
vehicles;
5. Define the major, international, financial instruments and
explain the features of the world banking system;
6. Explain the concept of capital budgeting, risk/return
relationship, and stocks and bonds valuation.
Course
Content
Weeks Chapters Topic and Reading Assignments
1 1 Introduction to Financial Management -Financial
institutions and markets
2
2&3
Financial statements & Financial analysis
3
4&5
Time Value of Money ch4 - Discounted Cash
Flow Valuation ch5 Exam#1 Chapters 1,2 &3
(9/23/10)
4
4&5
Time Value of Money ch4 - Discounted Cash
Flow Valuation ch5
5
11
Risk& Return, Beta, CAPM
6
6,7
Bond Valuation & Stock Valuation Exam#2
Chapters 4,5 &11 (10/14/10)
7
8&9
Net Present Value and Other Investment Criteria
ch8 - Making Capital Investments Decisions ch9
8
8&9
Net Present Value and Other Investment Criteria
ch8 - Making Capital Investments Decisions ch9
9 12 Cost of Capital Exam#3 Chapters 6,7,8 &9
(11/04/10)
10 13,15 Leverage & Capital Structure /Raising Capital
11
13,15
Leverage & Capital Structure /Raising Capital
Team Project due date: 11/18/10
12
14
Dividend policy & Working
13 18 International Aspects of Financial Management
14
Exam#4 Chapters 12,13,14,15,18 (12/09/10)
15 Presentations
Course
Requirements
The student is expected to:
1. Read the assigned materials prior to the scheduled date;
2. Respond to assigned questions;
3. Complete quizzes by specified dates;
4. Complete assigned projects by the specified dates;
5. Participate in the class discussion;
6. Stay current with news relevant to the course material;
7. Use related resources as directed by the instructor.
Expected
Behavior
1. Be on time for class
2. Pay attention in class
3. Always come to class prepared
4. Raise your hand first before talking or making a comment in
class
5. Do not disturb the class with cell phones (Texting is
prohibited in the classroom).
6. Be reasonable
Course Activities 1. There will be Four exams during the semester. Your lowest
grade of the first three exams will be dropped. You must take
the 4th or final exam; I will not drop the grade of the final
exam. The two highest grades from the previous exams plus
the final grade will be worth 75 points. The exam questions
will be in the format of true/false, multiple choice, fill-in or
matching.
2. This is an active learning environment and students are
expected to participate regularly in class discussions and
group activities. Discussion will often center on current events
relevant to the course. Students are expected to be
knowledgeable about the news. Similarly, case studies,
exercises and other activities will be assigned in class for an
immediate assessment of student learning. Participation, class
discussions and assignments will be worth 10 points.
3. There will be one major team project assigned. The team
project is worth 15 points. Projects are required to be typed,
double spaced, and in correct academic quality English.
Projects will be checked for plagiarism. Check course content
section for due dates and circle the date if you wish.
Attendance
Policy
Faculty Absence
Procedures
Students are expected to attend every class promptly. There will be
some daily activities to keep track of attendance and accumulated
absences will significantly affect a student’s grade. Also, students
cannot participate in class discussion and activities if not present and
this will also affect the class grade.
A daily listing will appear in the glass case located in the
administrative wing of the main building which indicates all classes
which are cancelled. Another listing will appear in the glass case
adjacent to the Hotel/Restaurant bulletin board in the East Hall.
Students can consult these bulletin boards before going to class. If
such a class does not appear on the day’s cancellation notice, this
information should be conveyed either to the Evening and Saturday
Office (L-113) or Division Office (A-306C).
Special
Accommodations
Makeup Policy
Students who need accommodations as required by the American
with Disabilities Act (ADA) can register with the Office of
Specialized Services of Bergen Community College. The students can
call 201-612-5270 or visit http://www.bergen.edu/pages/676.asp.
There is no makeup for exams. Generally, the lowest exam grade
will be dropped before calculating the average at the end of the
semester. Any missed exams have a grade of zero (0). Therefore,
only one exam can be missed excluding the final exam.
Evaluation and
Grading
Exams (3)
75 points
Class
assignments
&
discussions
(CAD*)
10 points
Team Project
and
Presentation
(TP&P*)
15 points
__________
TOTAL 100 points
Computing Your Grades:
Multiply the average of your three (3) exams by .75 = ________
Exam1: Exam2: Exam3: Total:
Multiply your CAD* grade by . 10 = ________
CA* Grade:
Multiply your TP&P* grade by .15 = ________
TP&P Grade:
Total points: = ________
A = 90-100 B+ = 86-89 B = 80-85 C+ = 76-79 C = 70-75 D = 60-69
I reserve the right to modify any parts of this outline including assignments, exam dates,
project date, topics to be covered, etc.
Rev
09/01/10