FNB 230 Financial Management (Spring 2008)


1. Dr. Jeff S. Hong
Tel: 212)220-8388 (Email is more effective.)
Email: professor
webpage: http://fly.to/jeffecon 2. Day, Time and Classroom :
SEC 101: Tue 10:00~11:40 A.M.(S630), Thu 10:00~11:50 A.M.(N406) 3. Required Texts:
Practical Financial Management, Lasher, William R. (4e+), Thomson, 2005
Excel Workbook (Jeff S. Hong) for use with Practical Business Math Procedures (Jeffrey Slater)
(ISBN 978-0-7-327854-4), McGraw-Hill, 2008 4. Office & Office Hours: S657 on Mon 2:00~3:40 P.M./ Wed 1:00~1:50 P.M. 5. Course Outline
This course focuses on principles and practices followed in the financial organizations and operation of a corporations. Also considered are topics and issues of corporate finance such as financing of new and growing businesses, sources of capital, banking and credit accommodations as well as handling of other financial matters. As an intermediate level finance course, considerably greater amount of attention will be given to quantitative methodology.

The students will i)learn a theoretical or conceptual framework that can be used to reach financial decisions; ii)develop expertise in solving practical financial problems; iii)develop an understanding of the role of financial management within the field of business.

Upon completion of this course, the student should be able to i) analyze financial statements & other relevant economic data for making financial management decisions; ii)perform mathematical & statistical techniques, including furure & present value calculations; iii) apply the most widely used methods for making capital budgeting decisions; iv) make correct financial graphical interpretations.


Mathematical Finance

Topic 1: Review of Fiancial Statements

Topic 2: Time Value of Money

Topic 3: Capital Budgeting

Topic 4: Cash Flow Estimation

Topic 5: Cost of Capital

Topic 6: Capital Structure & Fiancial Leverage

Topic 7: Dividends

Topic 8: Management of Working Capital

Topic 9: Financial Planning

Topic 10: International Finance

Extra Topic: Real Options

Extra Topic: Coporate Restructuring

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Exam Policy
1. Interim Quizzes/Homeworks will be given at the first quarter point before the midterm and at the third quarter point between midtem and final. In case a quiz is administered, review questions will be provided beforehand. The quiz will mainly consist of a random number of the review questions from the handouts.
2. Midterm will consist of a research paper - 12 point TNR font, 1.5 spaced 15~20 pages in length printed in A4 size papers on topics TBD due TBD. Final will consist of T/F, multiple choice & some mathematical problems not exceeding 30~33 questions in total. The questions will break down into 40% T/F, 40% multiple choice & 20% mathematical questions. The exam will also consist largely of the review questions both tested & untested through sporadic quizzes.

Grading Criteria
1. Midterm: 25%
2. Final: 25%
3. 2 Homeworks/Quizzes: 40%
4. Attendance: 10%

Attendance & Class Participation
At BMCC the maximum number of absence is limited to one more hour than the number of hours a class meets in one week. For example, if you are enrolled in a 4 hour class that meets 2 times a week, you are allowed 5 hours of absence (not 5 days). In the case of excessive absence, the instructor has the option to lower the grade or assign an "F" or "WU" grade.

Announcements

Class Discussion Group.
Crack a Laugh.


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