Financial Management

Course Details

Course Number
FINC 4653
Section Number
FINC 4653
Fall 2018
Dillard College of Business Administration
Classroom Number
Days & Times


Dr. Robert C. Forrester (view Profile)

Course Objectives

Learning Goals

  1. General Learning Goals:


  1. Demonstrate problem solving and decision making abilities through the critical analysis, evaluation, and interpretation of business information.
  2. Demonstrate utilization of available technology for common business applications: Students will finish several sets of homework that require them to conduct analysis and computation using software such as MS Excel.  Grades in these assignments are partially based on the effectiveness of student’s use of Excel.
  3. Demonstrate team building and collaboration to achieve group objectives: Students will work in teams as they gather information, conduct financial analysis, and solve spread sheet problems. Grades in assignments are partially based on student’s ability to work in a team. 
  4. Demonstrate a competency in speaking and writing for common business scenarios.  Each student will make a presentation in class about current business events/news. Students will be graded on the quality of their oral speaking skills and the effectiveness of their presentation.

Course Expectations

Upon successful completion of this course, students should have developed the understanding of:


  1. The practical and conceptual problems associated with the financial management of the non-financial corporations.
  2. Topics including financial planning and forecasting, risk and return analysis including the capital asset pricing model (CAPM), valuation of debt and equity, cost of capital, value-based management, capital budgeting and project evaluation techniques, etc.
  3. Have an understanding of how each of the above relates to shareholder value maximization.


Grading Standards

Grading and Evaluation:


Exam I



Exam II



Exam III



Final Exam



Aplia Homework                                                     100

Total Points                                                         500


450 - 500



400 - 449



350 - 399



300 - 349



Below 300     (Failing)                                                    F


Exams:  Exam grades will be shown on D2L under Gradebook after each exam. All grades are firm and non-negotiable.  There is no rounding in grades, and there are no bonus points at the end of semester. To maintain the fairness to the entire class, the same grading criteria will be applied to every student, and no personal reason will be considered for grading purposes.

There will be four exams during this semester in the assigned classroom. The first three exams will be held during the regular class hours. The final exam will be held by the university schedule. Each of the three midterm exams consists of 30 multiple-choice questions. The final exam consists of

40 multiple-choice questions. The exams will include questions on any covered material, e.g., lecture notes, classroom discussions, and reading assignments. Each student will need a calculator and Scantron for the exams. The use of cell phones is not allowed during the exams.

The exams must be taken as scheduled. There are no make-up exams in this course and students missing an exam without a valid excuse will receive an exam grade of zero for the specific exam. Athletes traveling during an exam time must coordinate the exam prior to departure. A valid excuse is defined as an authorized absence (see Midwestern State University Undergraduate Catalog (2014-2016) p. 70, for the definition) or an unforeseeable, proved, and documented event that requires the student’s presence in a place other than the classroom during the class period, and such event is deemed acceptable by the instructor. In the case of an excused absence, the document justifying the absence must be turned to the instructor within one week from the absence, and the weight assigned for the missed exam will be redistributed to the other exams. No student will be allowed to miss the final exam.

Final exam is mandatory. Due to grade reporting requests, students graduating with honors may be required to take the final exam early.  Please book your travel accordingly.  If you miss the final exam, please refer to above paragraph regarding to missing exam policies.

Aplia online homework: Please complete the assigned homework prior to the chapter discussion in an effort to be able to participate in chapter discussions. The Aplia homework for each chapter must be completed prior to the associated chapter exam in order to receive full credit. The due dates is December 5, 2017 at 11:00 p.m. The Aplia homework is 20% of your grade. 


Final Exam

12/10/2018 5:45-7:45 p.m.

Submission Format Policy

Note: You may not submit a paper for a grade in this class that already has been (or will be) submitted for a grade in another course, unless you obtain the explicit written permission of me and the other instructor involved in advance.

Plagiarism Policy

Plagiarism is the use of someone else's thoughts, words, ideas, or lines of argument in your own work without appropriate documentation (a parenthetical citation at the end and a listing in "Works Cited")-whether you use that material in a quote, paraphrase, or summary. It is a theft of intellectual property and will not be tolerated, whether intentional or not.

Student Honor Creed

As an MSU Student, I pledge not to lie, cheat, steal, or help anyone else do so."

As students at MSU, we recognize that any great society must be composed of empowered, responsible citizens. We also recognize universities play an important role in helping mold these responsible citizens. We believe students themselves play an important part in developing responsible citizenship by maintaining a community where integrity and honorable character are the norm, not the exception.

Thus, We, the Students of Midwestern State University, resolve to uphold the honor of the University by affirming our commitment to complete academic honesty. We resolve not only to be honest but also to hold our peers accountable for complete honesty in all university matters.

We consider it dishonest to ask for, give, or receive help in examinations or quizzes, to use any unauthorized material in examinations, or to present, as one's own, work or ideas which are not entirely one's own. We recognize that any instructor has the right to expect that all student work is honest, original work. We accept and acknowledge that responsibility for lying, cheating, stealing, plagiarism, and other forms of academic dishonesty fundamentally rests within each individual student.

We expect of ourselves academic integrity, personal professionalism, and ethical character. We appreciate steps taken by University officials to protect the honor of the University against any who would disgrace the MSU student body by violating the spirit of this creed.

Written and adopted by the 2002-2003 MSU Student Senate.

Students with Disabilities

The Americans with Disabilities Act (ADA) is a federal anti-discrimination statute that provides comprehensive civil rights protection for persons with disabilities. Among other things, this legislation requires that all students with disabilities be guaranteed a learning environment that provides for reasonable accommodation of their disabilities. If you believe you have a disability requiring an accommodation, please contact the Disability Support Services in Room 168 of the Clark Student Center, (940) 397-4140.

Safe Zones Statement

The professor considers this classroom to be a place where you will be treated with respect as a human being - regardless of gender, race, ethnicity, national origin, religious affiliation, sexual orientation, political beliefs, age, or ability. Additionally, diversity of thought is appreciated and encouraged, provided you can agree to disagree. It is the professor's expectation that ALL students consider the classroom a safe environment.

Contacting your Instructor

All instructors in the Department have voicemail in their offices and MWSU e-mail addresses. Make sure you add your instructor's phone number and e-mail address to both email and cell phone lists of contacts.

Attendance Requirements

Class attendance, Midwestern State University Undergraduate Catalog (2012-2014), p. 71


Students are expected to attend all meetings of the classes in which they are enrolled. Although in general students are graded on intellectual effort and performance rather than attendance, absences may lower the student’s grade where class attendance and class participation are deemed essential by the faculty member. In those classes where attendance is considered as part of the grade, the instructor should so inform students of the specifics in writing at the beginning of the semester in a syllabus or separate attendance policy statement. An instructor who has an attendance policy must keep records on a daily basis. The instructor must give the student a verbal or written warning prior to being dropped from the class. An instructor’s records will stand as evidence of absences. A student with excessive absences may be dropped from a course by the instructor. Any individual faculty member or college has the authority to establish an attendance policy, providing the policy is in accordance with the General University Policies.


For the record keeping purpose, each class period a roll sheet will be passed through the class and students need to make sure that they sign on the roll sheet. Signing any other student’s name on the roll sheet is considered as an act of disruptive conduct in this course.





Other Policies

Academic Integrity


Students shall follow the “Student Honor Creed” on the Midwestern State University Undergraduate Catalog (2014-2016). A student who commits academic dishonesty is subject to conduct sanctions (please refer to the Midwestern State University Student Handbook (2015-

2016) for the definitions of Academic Dishonesty, Conduct Sanctions, and Academic

Misconduct Procedures).


Americans with Disabilities Act


This course follows the university policies and guidelines suggested by the Disability Support Services Office for qualified students. Students are referred to the Midwestern State University Undergraduate Catalog (2014-2016) for details.


Campus Carry Policy


Senate Bill 11 passed by the 84th Texas Legislature allows licensed handgun holders to carry concealed handguns on campus, effective August 1, 2016. Areas excluded from concealed carry are appropriately marked, in accordance with state law. For more information regarding campus carry, please refer to the University’s webpage at link to MSU campus carry rules and policies.


Writing Proficiency Requirement

All students seeking a Bachelor's degree from Midwestern State University must satisfy a writing proficiency requirement once they've 1) passed the 6 hours of Communication Core and and 2) earned 60 hours. You may meet this requirement by passing either the Writing Proficiency Exam or English 2113. Please keep in mind that, once you've earned over 90 hours, you lose the opportunity to take the $25 exam and have no option but to enroll in the three-credit hour course. If you have any questions about the exam, visit the Writing Proficiency Office website at, or call 397-4131.

Campus Carry

Senate Bill 11 passed by the 84th Texas Legislature allows licensed handgun holders to carry concealed handguns on campus, effective August 1, 2016. Areas excluded from concealed carry are appropriately marked, in accordance with state law. For more information regarding campus carry, please refer to the University’s webpage at

If you have questions or concerns, please contact MSU Chief of Police Patrick Coggins at