FIN 3010: Business Finance

Spring 2011Dr. Salter

Course Syllabus

• Available through Desire2Learn (D2L)• Summarized and condensed in this Power

Point (PPT) presentation• Each student is responsible for obtaining his or

her own copy of the syllabus via D2L.

Instructor Contact Information

• Office: BAS N311– Tuesday 9:30 am – 11:00 am & 5:00 pm – 6:00 pm– Thursday 9:30 am – 11:00 am – Or by prior appointment

• Telephone: 615.898.5117– Students may call and leave a message if necessary.– Students should not expect a return call.

• Email: salter@mtsu.edu– Best method of contact

Student Email Accounts

• Important email will be sent via mass email to students’ “@mtmail.mtsu.edu” email accounts.

• Effective immediately, each student is responsible for ensuring that his or her “@mtmail.mtsu.edu” account functions properly.

Required Course Materials

• Introduction to Corporate Finance, 2nd Edition (Abridged Edition) by Megginson and Smart

• Aplia (www.aplia.com)

• These are sold as a bundle at the campus bookstore for $115. The new hardback textbook costs $140 or more. Aplia for Megginson and Smart’s textbook costs $90.

Calculator

Prerequisites

• ACTG 2120 or ACTG 3000, QM 2610, and junior standing.

Calculation of Grades

Homework Average 10%Quiz Average 10%Exam 1 15%Exam 2 15%Exam 3 15%Final Exam 25%Wildcard 10%TOTAL 100%

Letter GradesCourse Average Course Grade

average 89.5000 A89.4999 average 79.5000 B79.4999 average 69.5000 C69.4999 average 59.5000 D

59.4999 average F

Homework

• Aplia• It is the student’s responsibility to – Obtain semester-long Aplia access immediately– Remain informed regarding assignment due dates,

etc.

Quizzes

• Quiz Wheel• Rules outlined on syllabus• Instructor will spin the Quiz Wheel at the start of

class• Quiz question from material covered in previous

class• Grading: ALL (100%) or NOTHING (0%)• 12-15 quizzes expected during the semester• 8 highest quiz scores will count

Exams 1-3

• Multiple Choice Questions and Problems• Time Pressure to Simulate Departmental Final• Students need to bring 3 Scantron forms no

later than February 3, 2010.• No make-up exams given. If a students misses

Exams 1, 2, and/or 3 for any reason, the grades on the Departmental Final will replace the missed score(s).

Departmental Final

• The Final Exam is departmental and comprehensive and will be administered on Friday, April 29, 2011, from 6:00 – 8:00pm.

• Details pertaining to the Final Exam will be circulated at a later date.

• Please arrange your work schedule or other commitments to be available then (there will be no make-ups).

• You must score at least 45% correct on this exam in order to pass FIN 3010, regardless of your other work in the course. This is a departmental requirement; there will be no exceptions.

• The Final Exam will count as 25% of your course average.

Wildcard

• The 10% Wildcard will be applied to your highest exam score (i.e., the highest score attained from Exam 1, Exam 2, Exam 3, and the Final Exam).

Wildcard: Example 1

• A student scores 70% on Exam 1, 75% on Exam 2, 80% on Exam 3, and 75% on the Departmental Final.

• For this student: Exams 1 and 2 count 15% each. The Departmental Final counts 25%. Exam 3 – the highest exam score – counts 25% (= 15% + 10%).

Wildcard: Example 2

• A student scores 70% on Exam 1, 65% on Exam 2, 80% on Exam 3, and 85% on the Departmental Final.

• For this student: Exams 1, 2, and 3 count 15% each. The Departmental Final – the highest exam score – counts 35%. (= 25% + 10%).

Accommodations

• If you have a disability that may require assistance or accommodations, or if you have any questions related to any accommodation for testing, note taking, reading, etc., please speak with me as soon as possible. You may also contact the Office of Disabled Student Services (898-2783) with any questions about such services.

• No accommodation will be given without proper documentation from the Office of Disabled Student Services.

Recording of Lectures

• Lecture material is the intellectual property of the instructor, the textbook authors, or other sources.

• Recording of lectures through audio or video methods is expressly prohibited. Violation of this prohibition is considered academic misconduct.

Classroom Etiquette

• Turn cell phones, etc., OFF and put them AWAY at the beginning of class.

• All students are expected to maintain an environment that is respectful of the instructor and other students’ right to learn.

• Students should plan to be on time for class. After a 5 minute grace period, classroom doors will be closed and locked for the duration of the class meeting.

• It should go without saying that actions such as answering mobile phones in class is unacceptable behavior.

Miscellaneous

• Exam Day Amnesia– The instructor does not answer questions regarding exam

content on exam days. Please make plans to secure assistance accordingly.

• The instructor does not post grades, email grades, mail grades, or disseminate grades via telephone.

• I will not discuss an enrolled student’s FIN 3010 course grade or his or her performance in FIN 3010 with anyone other than the student himself or herself.

• If class is cancelled, the cancellation will be noted on the tentative course schedule (syllabus) or via email.

Miscellaneous, Continued• Once the FIN 3010 Final Exam has been administered, I will

complete my calculation of course grades as swiftly as possible; subsequently, I will enter your final course grades into RaiderNet, where they will be available to you.

• It is not helpful for you to stop by my office, call my office, email me or otherwise question me concerning your grade in the period between the end of the FIN 3010 Final Exam and the grade entry into RaiderNet.

• As a measure to dissuade such behavior, I will deduct 1 point (1%) from your final course average for each instance in which you contact me regarding your FIN 3010 grade during that period. – Example: 89.5% average + 1 phone call during the grading period =

88.5% average

Tentative Schedule

Week Of: Tuesday Thursday

January 10 Syllabus/ Introductory Material

January 17 Chapter 1 Chapter 2

January 24 Chapter 2 Chapter 2

January 31 Chapter 2 Catch-Up and Review

February 7 Exam 1 Chapter 3

February 14 Chapter 3 Chapter 3

February 21 Chapter 3 Chapter 3

February 28 Chapter 4 Exam 2

March 7 Spring Break – No Class Spring Break – No Class

March 14 Chapter 4 Chapter 5

March 21 Chapter 5 Chapter 6

March 28 Chapter 6/7 Chapter 7

April 4 Exam 3 Chapter 8

April 11 Chapter 8 No Class

April 18 Chapter 8 Chapter 9

April 25 Chapter 10 Study Day – No Class

About the Instructor

• Sean P. Salter, Pd.D.– Doctor of Philosophy (Finance) – 2001– Master of Arts in Banking and Finance– Bachelor of Science in Commerce (Financial

Management)– Hospital Financial Management– Consulting (Valuation, Capital Budgeting, Compensation)– Taught at University of Alabama & University of

Southern Mississippi previously– Have taught FIN 3010 equivalent since 1997