1 / 26

FIN 365 Business Finance

FIN 365 Business Finance. Topic 1: Introduction to Finance Larry Schrenk, Instructor. Today’s Outline. Some Syllabus Details About the Course Broad Goals of the Course Finance Economic Thinking. 1. Syllabus: The Boring Part. Class Details. Syllabus Next Class Course Web Pages

Download Presentation

FIN 365 Business Finance

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. FIN 365 Business Finance Topic 1: Introduction to Finance Larry Schrenk, Instructor

  2. Today’s Outline • Some Syllabus Details • About the Course • Broad Goals of the Course • Finance • Economic Thinking

  3. 1. Syllabus: The Boring Part

  4. Class Details • Syllabus Next Class • Course Web Pages • http://auapps.american.edu/~schrenk/FIN365/FIN365.htm • Google: ‘Schrenk AU FIN 365’

  5. Contact • Office: KSB 48 (202-885-2794) • Inside Finance Suite, KSB 40 • Office Hours: 1:10-2:30 PM, Tuesday and Friday and by appointment or Skype • Other Times in Office

  6. Contact • E-Mail: schrenk@american.edu • Webpage • http://auapps.american.edu/~schrenk/index.htm • Office Hour Conferences • Information Form

  7. Textbook • Eugene F. Brigham and Joel F. Houston. Fundamentals of Financial Management, Concise Edition,  8th Edition. South-Western. • Hardback or eBook bundled with CengageNOW • First Two Chapters Available in Blackboard

  8. Financial Calculator • Acceptable Calculators: • TI 83/84 Graphing • TI BA II Plus, HP 10BII, HP 10BII+ • If you want to use a different calculator, see me • Three Methods: • Tables • Formulae • Calculator • On NOT becoming an expert with a financial calculator

  9. Evaluation • Exams (80%) • Group Project (10%) • CengageNOW Homework (10%)

  10. Exams • Four Exams (20% each) • No Crib Sheets, Formulae Sheets, Etc. • Exam Reviews • Dates on Schedule Page • First Two Exams Very Early

  11. Exam Format • Format • 100 Points • Short Answer: 10 Questions (50%) • Calculation: 5 Questions (50%) • Teaching Evaluations • Not Cumulative • But Later Material Builds on Earlier!

  12. CengageNOW • Online Homework (10%) • Codes: • Access Code (Bundled with textbook) • Class Code (Web Page) • Due Dates: Class after Exam • Cautions

  13. Course Project • Group Project (10%) • Except in unusual circumstances, all group members receive the same grade • S&P 500 Firm • Analyze Financial Statements • Statistical Analysis • Price Bonds • Etc.

  14. Schedule • Financial Markets and Institutions • Basic Financial Tools • Risk versus Return • Valuation • Corporate Policies

  15. Getting Help • Office Hours • Listed above • Exam Reviews • Department Tutor • Details to come

  16. 2. About the Course

  17. About Me • ????? • Home Page

  18. About You • Introductions • Pairs • Index Cards • Pictures

  19. About the Course • Teaching Approach • http://www.youtube.com/watch?v=c00GPvns31U

  20. About the Course • Teaching Approach • Socratic Method • Think-Pair-Share (T-P-S) • Current Events/Important Themes

  21. Note Taking Skills • Here are some web sites that will help, if you want to improve your note taking: • http://www.lifehack.org/articles/productivity/student-guide-effective-note-taking.html • http://www.artofmanliness.com/2012/01/27/write-this-down-note-taking-strategies-for-academic-success/ • http://www.techlearning.com/Default.aspx?tabid=67&EntryId=3858 • http://www.law.harvard.edu/current/student-services/taking_notes.pdf

  22. 3. Goals of the Course

  23. Goals • Finance • Theory • Calculation • Real World Practice • Economic/Financial Thinking • Personal Finance

  24. What does Finance Do? • Possibilities… • Make a Profit • Analyze Corporations • Model Human Behavior • Look at Incentives • Study the Human Brain • Predict the Future

  25. Some Big Themes • Trade-Offs • Short-Term versus Long-Term • Valuation • Quantification

  26. Some Big Ideas • Risk versus Return • Return–Easy; Risk–Hard • Real Cash Flows • Diversification • Market as Benchmark

More Related