Course Description
This course will focus on basic finance. Major emphasis is placed on financial statements and ratio analysis, working capital management, capital budgeting. stocks and bonds evaluation, and financial planning and forecasting. (3 credits)
Prerequisites
- ACC 101: Financial Accounting
- ACC 102: Managerial Accounting
- ECO 103: Macroeconomics OR ECO 104: Microeconomics
Program Learning Outcomes (PLOs)
Business Administration Program Learning Outcomes (BP):
- PLO 1: Students will apply the concepts, theories, and relationships among the functional areas of an organization, including the ability to explain the nature and construct of an organization; assess the information technology needs of an organization; explain the process of resource allocation within an organization; identify and satisfy the needs of the consumer; and create strategic processes and measurements necessary for a successful organization.
- PLO 3: Students will understand and demonstrate professional business behavior, social responsibility, and ethical decision making and conduct.
- PLO 4: Students will be able to demonstrate well-developed and effective critical thinking, decision making, problem solving, organizational leadership, teamwork; oral and written communication skills utilizing tools such as the internet, research databases, and other tools as required.
Finance Program Learning Outcomes (FP):
- PLO 1: Students will be able to apply the concepts, theories, and relationships among the functional areas of an organization, including the ability to explain the nature and construct of an organization.
- PLO 2: Students will be able to apply core financial principles to evaluate and communicate business decisions, investment opportunities, and corporate strategies. This will include analyzing and interpreting financial markets and instruments, develop and manage investment portfolios by applying asset allocation strategies, risk assessment techniques, and performance measurement tools, and leveraging financial technologies (FinTech) such as blockchain and business analytics to design innovative solutions to emerging financial challenges.
- PLO 4: Students will be able to demonstrate professional business behavior, social responsibility, and ethical decision making and conduct.
- PLO 5: Students will be able to demonstrate effective critical thinking, decision-making, problem solving, organizational leadership, teamwork; oral, and written communication skills utilizing tools such as AI, research databases, and other tools as required.
Student Learning Outcomes (SLOs)
Students who successfully complete this course will be able to:
- Analyze and evaluate financial performance.
- Create and control the financial planning process.
- Determine the viability of a capital expenditure.
- Evaluate the risks associated with an investment decision.
- Develop a cost effective working capital strategy.
- Create an optimum capital structure.
- Evaluate securities valuation.
Course Activities and Grading
| Assignments | Points | Weight |
|---|---|---|
Discussions (Weeks 1-8) | 200 | 20% |
MyFinance Lab Homework (Weeks 1-7) | 200 | 20% |
MyFinance Lab Quizzes (Weeks 1-7) | 400 | 40% |
Final Paper (Week 8) | 200 | 20% |
Total |
| 100% |
Required Textbooks
(Available through Charter Oak State College's Book Bundle)
- Zutter, Chad and Scott Smart. Principles of Managerial Finance - MyLab Finance with Pearson Access Code. 16th ed. Pearson, 2022.
Additional Required Materials
(Not available through bookstore)
- Any physical financial calculator or free online financial calculator
Course Schedule
| Week | PLOs | SLOs | Readings and Exercises | Assignments |
|---|---|---|---|---|
1 | BP 1, FP 2 | 1,7 | Topics: Managerial Finance, Financial Institutions and Markets, Financial Statements and Ratio Analysis
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2 | BP 4, FP 2, 5 | 2,3,4 | Topics: Cash Flow and Financial Planning / Time Value of Money
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3 | BP 4, FP 2, 5 | 4,7 | Topics: Interest Rates, Bond and Stock Valuation
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4 | BP 4, FP 1, 2 | 4,5,6 | Topics: Risk and Return, CAPM and the Cost of Capital
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5 | BP 1,3, FP 1, 2, 4 | 2,3,4 | Topics: Capital Budgeting: Techniques and Cash Flows
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6 | BP 4, FP 2 | 3,5,6 | Topics: Leverage, Capital Structure and Payout Policy
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7 | BP 1, 4, FP 1, 2, 5 | 3,4,5,6 | Topic: Working Capital, Current Asset Management and Current Liabilities Management
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8 | BP 1, 3, 4, FP 1, 2, 4, 5 | 1-7 | Topic: Comprehensive Final Exam
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COSC Accessibility Statement
Charter Oak State College encourages students with disabilities, including non-visible disabilities such as chronic diseases, learning disabilities, head injury, attention deficit/hyperactive disorder, or psychiatric disabilities, to discuss appropriate accommodations with the Office of Accessibility Services at OAS@charteroak.edu.
COSC Policies, Course Policies, Academic Support Services and Resources
Students are responsible for knowing all Charter Oak State College (COSC) institutional policies, course-specific policies, procedures, and available academic support services and resources. Please see COSC Policies for COSC institutional policies, and see also specific policies related to this course. See COSC Resources for information regarding available academic support services and resources.