COLLEGE OF BUSINESS ADMINISTRATION

DEPARTMENT OF FINANCE & ECONOMICS

Financial Management (0301230)
Semester: Spring

Academic Year: 2015/2016

Course No. : 0301230

Course Title: Financial Management
Prerequisites: Accounting 1(No# 0301210)
Instructor: Mrs. Ray Saadaoui Mallek
Office: W5-107
Telephone: 06-5053544
E-mail: rmallek@sharjah.ac.ae

Class Hours
Days

Time

Location

Monday/Wednesd
ay

2:00 to 3:15 PM

W5-TH007D

Sunday/Thursday

2:00 to 3:15 PM

M4-004

Office hours
Instructor

Ray Saadaoui
Mallek

Office hours

Location

Monday from 10:50 to 12:50

Womens Campus: W5- 107

Wednesday from 10:50 to

12:50

Mens Campus: M5- 115

Mon/Wed from 15:15 to

16:15

Womens Campus: W5- 107

Other office hours are available by appointment

About the Course

Course overview

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This course is designed to provide students with a basic understanding of financial

decision-making within a firm. The course discusses the goals and functions of
financial management, financial analysis and planning, bond and stock valuation,
the capital budgeting process, and cost of capital.

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Learning Outcomes
Students who successfully complete this course will be able to:
1) Show the ability to understand the finance basic theories and concepts.
2) Apply the techniques of cash flows estimation, financial planning and
financial statement analysis.
3) Explain how the time value of money impacts on financial decisions.
4) Demonstrate a knowledge of various security valuation techniques.
5) Analyze the process of capital budgeting, and the relationship between risk
and return in modern finance.
6) Recognize ethical and environmental, legal and global issues that students
might face in real world situations

Alignment of Course Learning Outcomes to Program Learning Outcomes

Course
Learning
Outcomes:

Assessment
tools

Program Learning Outcomes

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1. Show the
ability to
understand
the finance
basic
theories
and
concepts.
2. Apply the
techniques
of cash
flows
estimation,
financial
planning
and
financial
statement
analysis.
3. Explain how
the time
value of
money
impacts on
financial
decisions.

Mid-term; Final
Exam;
Quizzes
Classroom
Engagemen
t

4. Demonstrate a
knowledge
of various
security
valuation
techniques.
5. Analyze the
process of
capital
budgeting,
and the
relationship
between
risk and
return in
modern
finance.
6. Recognize
ethical and
environmen
tal, legal
and global

Project; Final
Assignment
s;
Classroom
Engagemen
t
Final exam
Project
Quizzes

Mid-term;
Assignment
s; Final
exam;
Classroom
Engagemen
t; Project

Mid-term
Final exam;
Quizzes
Assignments

Mid-term
Final Exam
Project
Assignment

1. Demonstrate understanding of theoretical

knowledge and an understanding of the
boundaries in the field of Finance.

2. Critically analyze the financial decision

making process in corporations,
investment firms, banks and other
financial institutions.
4. Evaluate and take the responsibility for solving
real world Finance problems individually
and as a team.

2. Critically analyze the financial decision

making process in corporations,
investment firms, banks and other
financial institutions.
3. Develop innovative and advanced approaches
to evaluate the operations of financial
markets and institutions
3. Develop innovative and advanced approaches
to evaluate the operations of financial
markets and institutions

4. Evaluate and take the responsibility for solving

real world Finance problems individually
and as a team.
8. Apply information technology and quantitative
methods in research and evaluate the
results in the area of finance individually
and in groups
5. Recognize and deal with ethical, global and
cultural issues that students will face in
real world and contribute to and observe
ethical standards.
6. Evaluate and interpret the knowledge and
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issues that
students
might face
in real
world
situations

theories of finance relating to regulations,

standards, codes and corporate policies
that need to be complied with.
7. Analyze the features of the UAE/Gulf financial
environment in the context of global
socio-cultural environments.

Learning Resources
Required: Gitman, L. J., & Zutter, C. J. (2015). Principles of managerial finance (14th
ed). Pearson Education

Blackboard Resources
Students enrolled in this course will be given an access to a variety of internet
resources, including course material that will be posted on blackboard. Students
are strongly advised to access course material posted on blackboard for their
learning. Course outline, power point slides, assignments, marks, and other
materials will be made available through blackboard.

Additional Useful Resources/References

Reference Books:

1) Moyer, R. C., McGuigan, J. R., & Rao, R. P. (2012). Contemporary financial

management (12th ed). South-Western College Pub.
2) Brigham, E. F., & Houston, J. F. (2012). Fundamentals of financial
management (7th ed). South-Western College Pub.
3) Lasher, W. R. (2014). Practical financial management (7th ed). SouthWestern College Pub.
4) Keown, A. J., Martin, J. D., & Petty, J. W. (2013). Foundations of finance
(8th ed). Pearson Education.
5) Brooks, R. (2014). Financial management (2nd ed). Pearson Education.
6) Block, S. B., & Hirt, G. A., & Danielsen, B. R. (2014). Foundations of
financial management (15th ed). McGraw-Hill.

Online Databases

EBSCO; Emerald; ProQuest; OSIRIS

Internet Resources

http://finance.yahoo.com
http://msm.byu.edu/emp/grm/Finance_Links.html
http://www.financewise.com/
www.dfm.com
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http://www.specific.co.uk
www.nasdaq.com
www.nyse.com
www.dfm.com
www.investools.com
www.stern.nyu.edu/~adamodar
www.orcale.com

Teaching Methods

Lectures and Discussion

Groups
Cases and Selected Readings
Field Work (Project)

Skills to be developed:
This
-

course helps students in developing the following skills:

Communication (Oral &Written): Through discussions and Exams.
Analytical: Through cases and essays.
Team Work: Through groups.
Creative Thinking: Through quizzes and problems solving.

Grading Scheme
Item
Mid-Term Exam
Field Work ( Project)
Participation and
Attendance
Quizzes
Assignments
Final Exam

Percent
25%

15 %

Due Date
Section 1:
10/04/2016
Section
Section 52:
1:
18/05/2016
Section 52:
19/05/2016

5%
10%
5%
40%

Exams will be closed book/closed notes. Make-up exams are not given except
under very special circumstances. The final exam will be a cumulative
A students final grade is based on aggregated assessment and final exam results.
Final evaluation based on the following scale:

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90.100
A
85-89
B+
80-84
B
75-79
C+
70-74
C
65-69
D+
60-64
D
Less than 60

Exams: Exams contain multiple choices, essay, and problem solving

questions.
Quizzes: Three or more quizzes will be given in class during the semester.
Missed quizzes receive zero credit, and there are no make-ups for missed
quizzes!
Homework Assignments: There are a total of 5 homework assignments.
Homework assignments are due at the beginning of class.
Assignment Submission And Marking Rules:
1. Assignments must be submitted on time. No late submission is accepted unless
it was approved in advance by the instructor.
2. All submitted assignments are expected to be properly referenced. Plagiarized
assignments will be penalized. Plagiarism is the copying of another persons
ideas or expressions without appropriate acknowledgment and presenting these
ideas or forms of expression as your own. Plagiarism also includes the use of
the work of other students as your own without acknowledgment. The College
and University regard plagiarism as an extremely serious academic offence and
will impose penalties. Assignments, reports, and any other material used for
assessment purposes should be submitted through the Blackboard Systems
SafeAssign.
3. Return of marked assignments and requests for reviews: Your assignment will
be marked, commented upon and dispatched back to you within a reasonable
time.
4. Special consideration: If you consider that your assessment was or is likely to
be adversely affected by serious and exceptional circumstances beyond your
control, you may apply for special consideration. Grounds can be medical,
compassionate or hardship/trauma. If you are encountering problems that
prevent you from submitting your assignments on time, you should inform your
instructor in advance.
Project: This assignment gives you an opportunity to learn and to
demonstrate your understanding of course materials in a creative way. You should
work on the project as soon as possible. A good start is developing a project
proposal: what issues interest you and how they relate to this course. I
recommend that you talk to me during the semester about the project. To ensure
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course relevance, you need to obtain my approval on project topics. You should
work on this assignment in groups of up to three team members. You may choose
your own groups. All members of a group will receive the same grade for their
collective work unless I am made aware of any serious free-rider problems.

GUIDELINES FOR FINAL PROJECT

Length : 15 pages or 3,000 words
Date Due : On December 16th In class (Late submissions will be PENALISED)
Criteria
Introduction

Sub-Components
Outline of the relevance/importance of the chosen
topic.
Announce what you want to do and how you will
make it (structure of the report)
Theoretical
To review some relevant articles and books and
Back ground
summaries the main ideas in your own words. The
minimum references to be used is five references.
Research
To explain the purpose of the study, the scope, the
Methodology
source of data, , research questions or hypotheses
and techniques and methods adopted
Empirical
To apply some statistical techniques or to calculate
Analysis
some ratios and analyze the results.
Conclusions
summary/ overview of key issues and arguments
and
explain what you learnt from the project in terms of
Recommenda relevance of theory and practice
tions

Weight
1 marks

References

1 mark

Format

You must provide all references you have used in

your project
Must have assignment cover sheet with names and
student ID of all students involved in the written
work.
Grammar : Always do a spell check before
submitting an assignment and check wording
Length : You must not exceed 25 pages.

TOTAL MARK

4 marks
2 marks
5 marks
1 mark

1 mark

15

Problems in Groups
I am a real believer in the group project format because it helps you learn how to
be part of a team. It is important then for you to work hard to make sure that your
group does good work. You are responsible for efforts to motivate other group
members to do their part. Don't do all the work yourself; try to participate if you
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are shy; and try not to dominate the group if you are not so shy. Most importantly,
be a responsible group member. If members of your group are shirking their
duties bring that to my attention early. I will try to work with the group to solve
the problem. In the event that problems persist and a group member is
uncooperative or unduly difficult, the group may divorce that member, provided
that the problem was brought to my attention early and that real efforts were
made to solve the problem. This will cause the divorced group member to receive
a zero on all group assignments
Instructional Philosophy
As the student in this course, you have full responsibility for your learning. As the
instructor, I am responsible for leading you to and through the information you are
expected to learn and to test you from time to time on how well you have mastered
this information. I will endeavor to present this information in a form that you can
understand, and I expect you to learn this information well enough to pass this
course.

RULES TO BE ADHERED TO:

Attendance Policy: Attendance is vitally important to your success in this class.
Poor attendance will be reflected in a lower score in your Exams, Quizzes, and
Assignments grade. In monitoring class attendance, the university policy on class
attendance will be implemented. This is stated in the University of Sharjah
catalogue and official pronouncements/policies.
Communicating with other students during exams will be treated as a case of
cheating, and will result in an "F" for the grade. Having access to notes, books etc.
during closed book exams will be considered to be cheating, and will result in an
"F" for the grade. Other measures may also be taken according to University rules.
Students who are late for more than 10 minutes will be allowed to sit for the
class but will be marked as absent in the attendance record.
Students cannot leave the class during lecture time.
Mobile phones must be switched off during class.
Students found whispering or talking during lectures will be asked to leave the
class and will be considered as misbehavior for that class.
Students are expected to use a variety of references in their assignments
(books,
on-line sources, journals).
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 Students are required to do some further readings prior to coming to class.

Late submission of assignments will be penalized.
Proper Referencing and Plagiarism: All submitted assignments are expected
to be properly referenced. Plagiarised assignments will be penalised. Plagiarism is
the copying of another persons ideas or expressions without appropriate
acknowledgment and presenting these ideas or forms of expression as your own.
Plagiarism includes copying any material from books, journals study notes or
tapes, the web, the work of other students, or any other source without indicating
this by quotation marks or by indentation, italics or spacing and without
acknowledging that source by footnote or citation. Plagiarism also includes the
use of the work of other students as your own without acknowledgment. The
College and University regard plagiarism as an extremely serious academic
offence and will impose penalties.
In case of absence, you are responsible for course covered in the missed class.
Keep copies of your assignments for your own record.
UoS cheating policy and absenteeism policies will be strictly enforced.
Students should take more challenging responsibilities in learning.
No phones will be allowed during the mid-term and final exams.

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Course Outline
Week
1

1-2

3
4-5

Topic

Learning
Outcomes

Readings

A, F

Chapter 1

Add and Drop Period

Brief Introduction to the Course
An Overview of Finance
- What is Finance
- Legal Forms of Business
Organization
- The Goals and Functions of
Managerial Finance
- Governance and Agency
Problems
- Career Opportunities in
Finance
Review of Accounting and Financial
Statements
Financial Ratios

Chapter 3
and 4.1
Chapter 3

Financial planning

Chapter 4

The Time Value of Money

Chapter 5

Time value of money /Mid-term

Exam

9-10

Bond valuation

Chapter 6

11

Stock Valuation

Chapter 7

12-13

Capital Budgeting

Chapter 10

14-15

Cost of Capital

Chapter 9

Final Exam (COMPREHENSIVE)

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Grading Rubric for Course Projects

Scaled Score:
1/0
Criteria
Weig
Below
ht
Standard
Introduction
10% No clear
introduction,
absent, or no
evidence.

2
Approaching
Standard
The
introduction
states the
main topic but
does not
adequately
preview the
structure of
the report.
Data are
selected but
procedure of
data selection
is not followed

Data

20%

Data are
inadequate and
selected
following
wrong
procedure

Analysis and
Reporting of
Results (if
applicable)

20%

Calculated
wrong
measures and
analysis not
relevant

Calculated
correct
measures but
analyses are
not correct

Authenticity
and
Citation*

2030%

Some contents
are
paraphrased;
plagiarism is
most likely

Some content
is
paraphrased;
plagiarism is
likely

Writing

2030%

Errors in
language that
cause the
content to be
mostly
incomprehensi
ble

Some errors
in language
that often
inhibit
comprehensio
n

3
At
Standard
The
introductio
n states the
main topic
and
previews
the
structure of
the report.
Data
selected
following
standard
procedure
but not
described
in report
Calculated
correct
measures
but
analyses
are not
adequate
Some
content is
paraphrase
d and no
suspicion
of
plagiarism
Some
errors in
language
that do not
often
inhibit
comprehen

4
Exceeds
Standard
The introduction
is engaging,
states the main
topic and
previews the
structure of the
report.

Data are correctly

selected following
standard
procedure and
adequately
described in
report
Calculated correct
measures and
analyses are
correct and
provide more
insights
All contents are
original and well
written

Almost no error in
language and well
written

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Team work

10%

Team did not

collaborate or
communicate
well

Team did not

collaborate or
communicate
well. A lack of
mutual
respect was
frequently
noted.

sion
Team did
collaborate
or
communica
te well.

Team did
collaborate or
communicate well
with high level
mutual respect.

* If a case of plagiarism is established, the Course Project will be given zero grade and other actions will be taken
according to the university bylaws.
Adapted from (slightly modified):
Source is lost

Grading Rubric for Course Assignments

Scaled Score:
Criteria
Weig
ht
Focus:
10%
Purpose

0/1

Below Standard

Approaching
Standard

At Standard

Exceeds Standard

Shows limited
awareness of
purpose
Vague sense of
a main idea,
weakly
supported
throughout the
paper.
There is a
sense of
organization,
although some
of the
organizational
tools are used
weakly or
missing
Some
paragraphs
have clear
ideas, support
from examples
may be missing

Shows
awareness of
purpose
There is a
main idea
supported
throughout
most of the
paper.
Good overall
organization,
includes the
main
organizational
tools.

Purpose is clear

Most
paragraphs
have clear
ideas, are
supported
with some

All paragraphs
have clear ideas,
are supported
with examples
and have smooth
transitions.

No awareness

Main idea

10%

No main idea

Organizati
on:
Overall

5%

No sense of
organization

Organizati
on:
Paragraph
s

5%

Paragraphs
lack clear ideas

Clearly presents a
main idea and
supports it
throughout the
paper.
Well-planned and
well-thought out.
Includes title,
introduction,
statement of main
idea, transitions,
and conclusion.

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and transitions
are weak.
Content

5060%

Content is not
sound

Research
(if
assignmen
t includes
a research
componen
t)

10%

The paper does

not use
adequate
research or if it
does, the
sources are not
integrated well.
They are not
cited correctly
according to
MLA style, nor
listed correctly
on the Works
Cited page.

Content is
sound and
solid; ideas are
present but not
particularly
developed or
supported;
some evidence,
but usually of a
generalized
nature.
Sources
support some
claims made in
the paper, but
might not be
integrated well
within the
papers
argument.
There may be a
few errors in
MLA style..

examples and
have
transitions.
Wellpresented and
argued; ideas
are detailed,
developed and
supported
with evidence
and details,
mostly
specific.
Sources are
well
integrated and
support the
papers
claims. There
may be
occasional
errors, but the
sources and
Works Cited
conform to
MLA style
sheet.

Exceptionally
well-presented
and argued; ideas
are detailed, welldeveloped,
supported with
specific evidence
& facts, as well
as examples and
specific details.
Sources are
exceptionally
well-integrated
and they support
claims argued in
the paper very
effectively.
Quotations and
Works Cited
conform to MLA
style sheet.

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