What is a Podcast?
Two
Blogs you need to follow:
2.
FinanceClass blog
One podcast that you SHOULD
follow
Finance
Professor
Podcast
1. Welcome
to 301
2. How
we will use the podcast
Smile Finance is Fun!
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Want some more? Read up on types of markets (great for Money and Banking and Insitutions!
Past Podcasts of interest
Finance301 Introduction
to Finance
Course Overview
This is the Introductory Finance Class. It is centered on
Corporate Finance, but also serves as an introduction to the world
of finance for both finance majors and non majors.
Syllabus
Tentative
Outline--This is also available to those registered in the
class via WebCT via mysbu.sbu.edu
Class
Notes-below
Text
Introduction to
Corporate Finance
William Megginson and Scott Smart
This is the text's main web page for students . The web site is great and we will use it a great deal! You should register for using it as soon as possible
Background Material--Has it been a while since you had stats? Need help with Excel? Well look no further.
Looking for help in stats? I recommend The Statistics Homepage. It is good.
Business writing is different than normal prose, here are some good tips.
Accounting help is only a click away!
Excel Help: Introductory and a bit more advanced
Class Meeting times and schedule
MWF 11:30 Reilly Room 1
Comment on Notes:
These notes are constant works in process. They will likely be updated repeatedly though out the year. For that reason you should make a practice of printing them just before the class if at all possible. (note: each topic also has links within the chapters).
The notes (and this site in general) are meant to supplement (and not to replace) the class and text.
Class Notes -(this
section will be updated on a regular basis)
Introduction-- 2 classes
Chapter 1-Introduction to class, Why study finance, What is Finance ?, more on the organizational forms and still more if you are interested: Business Organizations
Financial Intermediaries-Intermediaries lower transaction costs.
Introduction to the Nexus of Contracts
Nexus
of contracts--one of the keys to Finance! Audio podcast
is available.
REMM--Human
nature is important --just the basics
From the text's website, pay particular attention to:
Video from David Nickel of Intel on the importance of knowing all areas of business
Video of Intel CFO Andy Bryant on Ethics
Concept animation of Given Imaging--it will serve as a model for much of the year, so be sure to look over it!
Keys:
What is finance (financial system)
Human Nature
Nexus of contracts
Why Shareholders are so important
Ethics
Friday special topic: Finance in a globalized world: The World is Flat
Extra Credit (worth up to 10% of overall grade) A 8-10 page paper on The World is Flat PLUS a passing grade on a short Multiple choice test on the book.) Must be submitted prior to test 2.
Accounting and Finance (4 classes total)
Chapter 2-Accounting and Finance
--more advanced notes on Accounting and on EVA
More accounting and Finance (Ratios)
Excel assignment
Excel Spreadsheet we will use in class
Hint: on some computers, when opening Excel files from the web you will be asked for a password. These do not need a password. Just try again and either hit cancel or just OK (leave password and name blank).
Here are a few examples of past student's Excel Projects.
Hint: look at the Appendix to chapter 10 for Sensitivty and Scenario analysis.
DO NOT COPY. I will check and if I find anything the same, it will be an automatic Failing grade.
Example 1 , also as an Excel File
Example 2 , also as an Excel File
Time Value of Money (2 classes)
Chapter 3:
An introduction to the Time Value of Money , Present Value , and introduction to Net Present Value
Simple vs Compound Interest , Future Values
A football example, Smoking example
Bonds (2 classes)
Chapter
4 -Bond Valuation:
What is a bond ? Types of bonds and pricing of bonds
The Excel Present value worksheet we used in class to price bonds.
Haven't had enough time value of money notes? Try these from TeachmeFinance .
Stocks
Chapter 5: Stocks
(also called equity) (2 days)
What to expect from my tests?
TEST ONE-tentatively scheduled Thursday night of week 6 (we will talk about it in class)
Chapter 6 Risk and Return: history and theory (2 days)
Why do Risk and Return go together?
What are the Types of risk?
geometric
vs arithmetic averages , Market
Indicies , the
Dow , market
efficiency , more on market efficiency from Dean
LaBaron ,
advantages of mutual
funds.
Chapter 7: More Risk and Return: an introduction to CAPM (2 days)
Notes on CAPM , more notes on CAPM , CAPM Questions and Test help
Chapter 8 Capital Budgeting
What is capital Budgeting?
Various
methods used—a look at NPV, IRR, Payback etc.
Why NPV
is #1
Chapter 9: Cash Flow and Capital Budgeting
Potential problems
Chapter 10--Risk and Capital Budgeting
Brief intro to Real Options--just know what they are for now
(applied Capital Budgeting)
Basic Intro to capital structure --Atkins Nutritionals
Cost of capital-- WACC example
Chapter 11- Rasing long-term financing
Chapter 12- Capital Structure
Chapter 13 A look at dividend policy
TEST 2--week 11
After the second test we will pick up a few topics that do not necessarily fit together perfectly. Therefore be sure to pay extra attention in class as to where they fit in the big picture and why we are covering them.
Chapter 15: An introduction to Derivatives Options, Forwards, and Futures (2 days)
Chapter 16: Introduction to International Financial Management (1 day)
Chapter 17: Risk Management (2 days)
Corporate Governance (we will have covered this before in a special Friday section as well, but I want to hit it again for a day here)
Chapter 22: Mergers, Acquisitions, and Corporate Control (2 days)
Putting it all together: using Finance in busines and in life
(1 day)
Final
1
yes it is cumulative. Yes it will probably take the full amount of time.
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