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BA 340. Introduction to Finance. Overview of Financial Management. Introduction Keys to Success Class Structure - Syllabus Text – Financial Management: Core Concepts – 2 nd Ed. Exams – Open Book and Open Notes Expectations Attendance Preparation for Class. Keys to Success.
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BA 340 Introduction to Finance
Overview of Financial Management • Introduction • Keys to Success • Class Structure - Syllabus • Text – Financial Management: Core Concepts – 2nd Ed. • Exams – Open Book and Open Notes • Expectations • Attendance • Preparation for Class
Keys to Success • Read Ahead of Lectures • Use syllabus and PowerPoint slides to help • Bring questions to class on material • Do All Assigned Problems and Quizzes • Homework problems are required and designed to help you master the material – must be completed prior to taking weekly quiz (Friday at 11:00 p.m.) • Can work in groups to help understand the concepts • Test yourself with other questions (Prepping for the Exam Questions have answers in back of book) • Philosophy - this course is basic intuition but with a new language to express your ideas financially
Homework and Quizzes • Your homework is assigned each week in MyFinanceLab (Pearson Lab) and opens on Tuesday at 4:00 p.m. • There will be a set of problems directly from the book and you get three attempts at each problem. • Once you have completed that week’s homework assignment you can then take the weekly quiz. (Once it is opened). • The weekly quiz is designed to make sure you understand the chapter material covered that week. • Opens every Thursday at 4:00 p.m. • It is a ninety minute (maximum time) quiz. • The quiz must be completed by each Sunday evening at 11:00 p.m. • This is an individual effort just like an exam.
Homework and Quizzes • Questions on this? • Some Hints: • Try and work the homework problems by understanding the process not just the mechanics of the problem • Example – when pricing bonds you will have a formula that you can plug the variables in and your calculator or spreadsheet will produce the answer…but if you have the wrong concept on interest rates or number of payments you will get the wrong answer…you must understand the concept of the variable that go into the formula • Working in groups is a good way to test your understanding by explaining your answer to others
Examinations • Open Book and Open Notes • Questions will be more difficult • Efficient use of time a must • Notes are your friends…think about how best to use them at lecture time, not when you study for exam • Calculators • Important tool • Know your calculator… • Laptops? • Not in exams – Not in class – Distracting Device • Can use to help solve homework or quiz problems • All Electronic Devices – turned off in class
Textbook • Financial Management: Core Concepts (2nd Edition) • Approach • Equations, Calculators and Spreadsheets • Personal examples as a segue to business applications • Written for this audience • Special Features for you • Finance Follies – Real World Issues and Examples • Putting Finance to Work – Relations to other disciplines • Choice on Format • Real Book with access • (OSU Bookstore with access code) • E-Book (On line version with access to MyFinanceLab) but will not have for exams… • Secondary Market (not recommended) … must still buy access… 2nd Edition is new and so not many in the market
Expectations • Attendance • On time for lecture (professional courtesy and just a good business habit) • Notify me if examination will be missed prior to examine (if at all possible) • Professional Attitude • Toward Professor (no late entries or early exits) • Toward other students (no cell phones, etc.) • Ethics – Do your own work…this is the time to build your skill set
Registration for MyFinanceLab • Pearson Labs (Supported by Publisher of Book) • Everyone must register for class at MyPearsonLab • http://pearsonmylabandmastering.com/ Section One (2:00 p.m. class) BROOKS67343 Section One (8:00 a.m. class) BROOKS97268 Section One (Noon class) BROOKS08817 • Need to register over the next two days because first homework is due Friday evening at 11:00 p.m. and first quiz is due Sunday at 11:00 p.m. • If you have trouble registering please e-mail me ASAP.
Speed Dating Night – Oct. 4th • Mandatory Event for juniors majoring in finance • When: Thursday October 4th, 6:00 p.m. to 8:30 p.m. • Where: MU Ballroom • What: Over Twenty companies will be present and will give you an overview of different types of careers in finance. You will rotate through eight different tables in one hour meeting bankers, investors, wealth managers, public finance officials, corporate finance professionals and advising/faculty members • All requests for missing event must be approved
Questions? • Lecture • Expectations • Homework • Text • Examinations • Other