Course BA 3341 - Business Finance

Course # BA 3341-001 SOM 1.212

Professor Bob Bender
Term Spring, 2011
Class Hrs Mondays & Wednesdays 9:30 am to 10:45 am
Professor's Contact Information
Office Phone 972-883-6276
Other Phone N/A
Office Location SOM 3.228
Email Address bob@thebenders.com
Office Hours Mon & Wed 11:00 am to 1:00 pm
Tue & Thur 9:00 am to 11:30 am and 3:30 pm to 5:30 pm

General Course Information

Pre-requisites: AIM 2301, AIM 2302, MATH 1326, MATH 2333 Co-
Pre-requisites, Co-requisites
requisites: STAT 3360
Students should be proficient in (1) basic statistics, (2) accounting & financial statement analysis, and
Other Restrictions
(3) spreadsheet modeling using MS Excel

Course Description
BA 3341is an introductory course in the fundamentals of corporate finance. This class focuses on the
use of discounted cash flow analysis in the evaluation and selection of capital investment projects.
Additional topics include cost of capital; risk return trade-off in financial markets; financial leverage &
capital structure; portfolio theory; capital asset pricing model (CAPM); leasing; and financial statement
analysis.

1. Students will be able to apply time value of money concepts to various valuation problems.

2. Students will be able to describe what drives a firm's cost of capital and how to estimate it.
Learning Outcomes
3. Students will be able to analyze investment in real and financial assets using various methodologies.

4. Students will construct excel spreadsheets to solve basic financial problems.

FUNDAMENTALS OF CORPORATE FINANCE, 9th Edition, 2010 by Stephen Ross, Randolph

Westerfield, and Bradford Jordan AND CONNECT PLUS ACCESS CARD. ISBN 978-0077388188.
Required Texts & Materials Students purchasing a used text must also purchase a Connect Plus Access card from McGraw-Hill at:
www.mcgrawhillconnect.com. Students also have the option of purchasing an e-textbook with Connect
Access.

Students must have a financial calculator. The Texas Instruments Business Analyst II Plus is highly
recommended.
Suggested Readings Wall Street Journal

Grading & Student Evaluation

Average Best Two of Three Tests * 65 %
Grading Criteria Comprehensive Final Exam 25 %
Homework 5%
Excel Assignments & CP 5%
* Many problems on tests are graded right or wrong with no partial credit awarded for incorrect answers.

A+ 98+ A 93 - 97
Converting % to
A- 90 - 92 B+ 88 - 89
Grades:
B 83 - 87 B- 80 - 82 etc.

Make-up Exams First missed test becomes dropped test score. Professor's Approval Required.
Extra Credit None Available
Late assignments turned in up to one week late will incur a 10 point penalty. Assignments turned in
Late Work
more than one week late will incur a 20 point penalty.
Class attendance is an important part of the learning experience. Students are expected to attend all
Class Attendance
classes.
 BA 3341 BUSINESS FINANCE
Spring, 2011

BA 3341 Business Finance Mon / Wed 9:30 am to 10:45 am

CL DAY DATE CHAPTERS
1 Mon Jan 10 N/A
2 Wed Jan 12 Chapter 1
Mon Jan 17 N/A
3 Wed Jan 19 Chapter 2
4 Mon Jan 24 Chapter 3
5 Wed Jan 26 Chapter 3
6 Mon Jan 31 Chapter 5
7 Wed Feb 2 Chapter 6
8 Mon Feb 7 Chapter 4
9 Wed Feb 9 All the Above
10 Mon Feb 14 All the Above
11 Wed Feb 16 Chapter 9
12 Mon Feb 21 Chapter 9
13 Wed Feb 23 Chapter 10
14 Mon Feb 28 Chapter 10
15 Wed Mar 2 Chapter 10
16 Mon Mar 7 Chapter 11
17 Wed Mar 9 N/A
Mon Mar 14 N /A
Wed Mar 16 N /A
18 Mon Mar 21 All the Above
19 Wed Mar 23 All the Above
20 Mon Mar 28 All the Above
21 Wed Mar 30 Chapters 7& 8
22 Mon Apr 4 Chapter 12
23 Wed Apr 6 Chapter 13
24 Mon Apr 11 Chapter 13
25 Wed Apr 13 Chapter 14
26 Mon Apr 18 Chapter 16
27 Wed Apr 20 All the Above
28 Mon Apr 25 All the Above
29 Wed Apr 27 N/A
30 Mon May 2 All the Above
??? ???

CLASS SCHEDULE IS FLEXIBLE AND WILL BE MODIFIED AS NEEDED

 BA 3341 BUSINESS FINANCE
Spring, 2011
SOM 1.110
/ Wed 9:30 am to 10:45 am
TOPICS
Introduction to Business Finance
Corporate Finance Overview
MARTIN LUTHER KING HOLIDAY
Financial Statements & Cash Flow
Working with Financial Statements
Ratio Analysis
Time Value of Money
Discounted Cash Flow
Financial Planning
REVIEW
TEST 1
Capital Project Eval Methods
Capital Project Eval Methods
Incremental Cash Flow
Capital Investment Decisions
Capital Investment Decisions
Project Analysis & Evaluation
Lease vs Buy Analysis
NO CLASS / SPRING BREAK
NO CLASS / SPRING BREAK
Practice Problems
REVIEW
TEST 2
Bond & Stock Evaluation
Capital Markets
Risk, Return & SML
Capital Assets Pricing Model
Cost of Equity & WACC
Leverage & Capital Structure
Personal Finance
Current Financial issues
REVIEW
TEST 3
Comprehensive Final Exam

L BE MODIFIED AS NEEDED