BA 215– Money & Investment Management:

Manager, Lender, Investor Viewpoint

Summer 2008

[Schedule] [Homework] [Homework Solutions] [TA Review Session/Office Hours ] [Optional Review Problems]

Madeleine Brady Romero	BA 215, section 1
Office:  Bexell Hall 311	Summer 2008
Office Hours: MTuWTh 11:20-11:50	CRN:70087 Classroom: Owen 106
E-mail: Madeleine.Romero@bus.oregonstate.edu Website: www.bus.oregonstate.edu/services/ click on Course Materials;BA215;Romero	Course Credits: 4 Lecture:  MTuWTh 8:00-11:20 6/23 – 7/10

COURSE DESCRIPTION

This course is designed exclusively for non-business students and business minors, integrating financial accounting and financial management from managers’, lenders’, and investors’ perspectives.  Student will gain knowledge of income statements, balance sheets, cash flow statements, and forecasting/budgeting financial statements, with emphasis on analysis and managerial application to real-world companies.  Investment management topics include: time value of money valuation techniques, the functions of capital markets and securities, investment selection and evaluation, and other personal finance applications. 

PREREQUISITES

(1)       No prior coursework required.

(2)       Open to students with Sophomore, Junior, or Senior standing.

(3)       Non-business students only.

MEASURABLE LEARNING OUTCOMES

· Comprehend cash flow versus accrual accounting concepts.

· Analyze basic business transactions and determine effect on accounts & financial statements.

· Develop and interpret income statement, balance sheet, and cash flow statements for planning, performance, evaluation, and control.

· Evaluate the financial positions of organizations through the calculation, application, and interpretation of basic financial ratios, utilizing time-series and cross-sectional analyses.

· Construct and manage personal financial statements and budgets.

· Formulate Excel computer spreadsheets to analyze corporate and personal financial statements.

· Identify the nature of fixed versus variable costs in budgeting.

· Calculate and apply time value of money problems to corporate and personal finance, utilizing a financial calculator.

· Comprehend capital market transactions and sources of short-term and long-term financing.

· Synthesize the interrelationships between personal and corporate financial management, especially as it applies to investments.

· Apply accounting and financial management theories and methods to manage personal investments.

More specific daily learning objectives are itemized in the course schedule.

MANDATORY LEARNING MATERIALS

1)  Finance for Non-Financial Managers,  by Gene Siciliano

2) Romero Lecture Notes & Cases (handed out in class) 

Problem Sets, Solutions, other Course Material  (available on my website) 

3) Investment Reading Material (downloaded from internet)

4) Financial Calculator- TI BA2+ (recommended); HP12C, or HP10B. This is a mandatory requirement! -Tutorials are available at: http://wps.aw.com/aw_gitman_pmfbrief_3/0,7003,526589-,00.html

5) Excel Tutorials (Optional): Valley Library reserve or  http://www.baycongroup.com/tutorials.htm

GRADING  PROCEDURE

MIDTERMS (2)                                                                        30% each

  HOMEWORK/CLASS PARTICIPATION                                  5%

  COMPREHENSIVE FINAL                                                      35%

1. You are guaranteed at least the following grade if your weighted average course score falls within the following percentiles: 

A   93-100	B+   87-90	C+   77-80	D+    67-70
A-   90-93	B    83-87	C    73-77	D     60-67
	B-   80-83	C-   70-73	F     below 60

Additionally, a curve may be applied to these scores. Class participation is encouraged, and may be used in the final grade evaluation if the student is border-line between two grades.  It is necessary to pass the final exam to pass the course.

2. NO MAKE‑UP EXAMS WILL BE GIVEN.  NO EXCUSES ACCEPTED.  The course outline lists TENTATIVE dates for the exams.  You are responsible to take the exam whenever it is given, even if the tentative date changes.   You must take the exam with the class section in which you are enrolled.

3. Homework assignments are detailed in the attached Course Outline, and consist of Problem Sets and Cases which are on Romero’s website.  It is fully expected that the student will do all the homework to be prepared for class discussion, understand the material, and perform well on the exams. Problem sets & homework cases will be stapled, handed in and graded on a completion basis; specific instructions will be announced in class.  Homework is due at the beginning of class period, or it is considered late. Once homework is turned in, subsequent additions or changes will not be accepted. Late assignments will be given a maximum of 70% credit and will ONLY be accepted at the beginning of the next class session. No exceptions!

Homework assignments can be done in groups, but each student must hand in a complete, separate, individual assignment for credit. (A photocopy of another group members’ work is not acceptable.) Only printed hard-copies of homework (not electronic e-mailed versions) will be accepted.  Show all your work.

COURSE POLICIES

1. Dates and terms for class withdrawal are as outlined in the current OSU Course Schedule.

2. Exam Policies: OSU student ID must be displayed. Approved financial calculators are mandatory for all exams; these are the only calculators allowed for use on an exam. Notes, Personal digital assistants, laptops, cell phones, and any other calculator other than financial are PROHIBITED. Cell phones must be off and NOT be pulled out or used in any way. Violation will be handled as in (4) below.

3. During class lectures, please TURN OFF ALL CELL PHONES AND PAGERS.  

4. Failing to demonstrate honesty and integrity will result in a grade of ZERO for that exam.

See Statement of Expectations for Student Conduct at http://oregonstate.edu/admin/stucon/achon.htm

5. Students with Disabilities: “Accommodations are collaborative efforts between students, faculty and Services for Students with Disabilities (SSD).  Students with accommodations approved through SSD are responsible for contacting the instructor prior to or during the first week of the term to discuss accommodations.   Students who believe they are eligible for accommodations but who have not yet obtained approval through SSD should contact SSC immediately at 737-4098.”

6. Students are held responsible for all announcements made in class.