SCHOOL OF BUSINESS AND ACCOUNTANCY Graduate School of Business
Master of Business Management
COURSE OUTLINE: Financial Management (GSFINMA) Faculty: DR. ALBERT G. MORALES 3rd Trimester, SY 2016-2017
Holy Angel University VMGOs
Vision: To become a role-model catalyst for countryside development and one of the most influential, best-managed Catholic universities in the Asia-Pacific region.
Mission: To offer accessible quality education that transforms students into persons of conscience, competence, and compassion.
Core Values: Christ-Centeredness, Integrity, Excellence, Community, and Societal Responsibility Strategic Objectives:
1. Academic Quality and Organizational Excellence 2. Authentic Instrument for Countryside Development 3. Great University to Work for
4. Faithful Catholic Education Graduate School of Business VMGOs Vision Statement
A premiere graduate business education in the Asia-Pacific Region dedicated to helping professional, entrepreneurs and public servants become competent and socially responsible leaders and to contribute to countryside development.
Mission
To provide advanced and high quality business education in the field of management, accountancy, entrepreneurship, public governance and hospitality to professionals and leaders through a wide range of relevant, educational experience.
Goal
To provide our sincerest service to our graduate students as we are committed to the shared ideals of integrity, excellence, community service and societal responsibility.
GSB Strategic Objectives
1. To offer programs which are more relevant and responsive to the shifting needs of the real world.
2. To promote practitioner-research oriented that will allow us to participate in the furtherance of knowledge and elevate our GSB programs to higher level of excellence.
3. To forge and maintain strategic functional linkages and/or partnership with academic institutions, relevant organizations, national government agencies and local government units for knowledge transfer, sharing of resources and advocacy training for public service.
4. To act as reputable workplace preferred by faculty members who are experts in their corresponding fields and proficient in interdisciplinary and multi-disciplinary approaches in teaching.
5. To foster culture that promotes integrity, innovation, and the highest ethical standards in the Catholic context.
MBM Program Educational Objectives
1. Students will be able to apply quantitative and qualitative research in the solution of business problem.
2. Students will be able to integrate interdisciplinary and multidisciplinary perspectives in approaching management problems, issues and concerns.
3. Students will be able to apply business analytical tools in solving problems arising in corporate finance and management.
4. Students will be able to distinguish the strategic dimensions of total quality management in the manufacturing, service and other industry related businesses.
5. Students will be able to judge whether business practices conform to the ethical standards in business.
HAU Strategic Objectives
GSB Strategic Objectives MBM
Program Educational Objectives
Institutional Students’
Learning Outcomes 1. Academic Quality and
Organizational Excellence
1. To offer programs that are more relevant and responsive to the shifting needs of the real world.
#1, #2, #3 and #4 Civic and Global Learning
Applied and
Collaborative Learning
Critical and Creative Thinking
2. Authentic Instrument 2. To promote practitioner- #1, #2, #3 and #4 Civic and Global
for Countryside Development
research oriented that will allow us to participate in the furtherance of knowledge and elevate our GSB programs to higher level of excellence.
Learning
Applied and
Collaborative Learning
Critical and Creative Thinking
3. To forge and maintain strategic functional linkages and/or partnership with academic institutions, relevant organizations, national government agencies and local government units for knowledge transfer, sharing of resources and advocacy training for public service.
#1, #2, #3 and #4 Civic and Global Learning
Applied and
Collaborative Learning
Communication and Interpersonal Skills
3. Great University to Work For
4. To act as reputable workplace preferred by faculty members who are experts in their corresponding fields and proficient in interdisciplinary and multi-disciplinary approaches in teaching.
#5 Communication and
Interpersonal Skills
Valuing and Ethical Reasoning
4. Faithful Catholic Education
5. To foster culture that promotes integrity, innovation, and the highest ethical standards in the Catholic context.
#5 Valuing and Ethical
Reasoning
Communication and Interpersonal Skills
Course Learning Outcomes
1. Explain the basic principles of finance, their importance and the importance of ethics and trust.
2. Describe the financial statements and apply in the evaluation of firm’s financial performance.
3. Analyze and interpret the financial information and use it as basis in decision making.
4. Identify the importance of capital budgeting as tools for sound decision making.
6. Apply the core concepts of finance to the real world, problem-solving, ethics and decisions that would enhance the value of the firm.
Course Description: This course covers the concepts, principles and practices of financial management. It provides students with a conceptual understanding of the financial decision-making process rooted in current financial theory and in the current state of world economic conditions. It further gives students insights on how the core concepts of finance apply in the real world, problem-solving, ethics and making decisions that would enhance the value of the firm.
Course Credit : 3 Units
Textbook: Brigham, E.F. and Houston, J.F. (2017). Fundamentals of Financial Management, 13th.
University of Florida: Cengage Learning.
References : Keown, A.J., Martin, J. D., & Petty, J. W. (2017). Foundations of Finance, 9th . Singapore:
Pearson Education South Asia Pte. Ltd. Prentice Hall.
Gitman, L. J. (2013). Principles of Managerial Finance. 13th. Addison-Wesley Longman. Inc.
Higgins, R.C. (2009). Analysis for Financial Management. 9th, McGraw Hill Books.
Lasher, W.R. (2008). Financial Management: A Practical Approach. Australia: Thomson.
McLaney, E. (2003). Business Finance: Theory and Practice. England: Prentice Hall.
Moyer, R.C. (2006). Contemporary Financial Management Fundamentals. Australia: McGraw- Hill.
Pagoso, C.,(2010). Money, Credit and Banking
Website : www.zapmeta.ws
www.mainlib.upd.edu.ph/?q=online-subscriptions elibrary.worldbank.org
http://www.freebookcentre.net/Business/Banks-and-Banking-Books.html
https://www.adb.org/sectors/finance/issues/banking-non-bank-financial-institutions https://www.scribd.com/doc/36835804/Chapter-1-Money-Credit-And-Banking
Requirements
There will be two (2) major examinations for the entire trimester, a mid-term exam and a final exam. Quizzes, active participation, and assignments shall also be required to evaluate student performance based on the assigned chapters, lectures and readings. Students shall be required to submit written case studies and do oral presentation to evaluate how well they could apply financial management principles. Students will also be required to participate in different activities, and submit projects and other written output related to the topic.
Course Content Week
Learning output Topics Methodology Student output Evaluation of
learning/
Assessment Tools 1 Explain the role of
finance and the different types of jobs in finance
Identify the advantages and disadvantages of different forms of business organization.
Explain the links between stock price, intrinsic values, and executive compensation.
Discuss the importance of business ethics and the consequences of unethical behavior.
Identify the potential conflicts that arise within the firms managers, stockholders and bondholders.
AN OVERVIEW OF
FINANCIAL MANAGEMENT a. Finance
b. Jobs in Finance c. Forms of Business
Organization
d. Balancing Shareholder Value and the Interest of Society
e. Intrinsic Values, Stock Price, and Executive compensation f. Important Business
Trends
g. Business Ethics h. Conflicts between
Managers, Stockholders and Bondholders
Interactive discussion
Oral questioning by the teacher.
Power point presentation
recitation
Assignment
Seatwork
Quizzes
Recitation
rubric
1 Compute a company’s profits, as reflected by its income statement.
Determine a firms’
financial position at a point in time based on its balance sheet.
Measure a company’s cash flows.
Compute taxable income and income liability.
FINANCIAL STATEMENTS, CASH FLOW AND TAXES
a. Financial Statements and Reports
b. Balance Sheet c. Income Statement d. Statement of Cash
Flows e. Statement of
Stockholders’ Equity f. Uses and Limitations of
Financial Statements g. Free Cash Flow h. MVA and EVA i. Income Taxes
Class discussion conducted by teacher.
Board work
Power point presentation
Recitation
Assignment
Seatwork
Board work
Quizzes
Recitation
rubric
M I D T E R M E X A M 2 Identify the different
types of financial markets and financial institutions.
Explain how financial markets and financial institutions enhance capital allocation.
Explain how stock market operates
Discuss the different types of stock markets
Discuss the importance of market efficiency
FINANCIAL MARKETS AND INSTITUTIONS
a. The Capital Allocation Process
b. Financial Markets c. Financial Institutions d. The Stock Market e. The Market for
Common Stock
f. Stocks markets and Return
g. Stock market Efficiency
Class discussi on conduct ed by teacher .
Oral questio ning by the teacher .
Power point present ation
recitation
Assignment
Seatwork
Quizzes
Recitation
rubric
3-4 Explain the purpose and importance of financial analysis.
Calculate and use a comprehensive set of measurements to evaluate a company’s performance.
Describe the limitations of financial ratio analysis
ANALYSIS OF FINANCIAL STATEMENTS
a. Ratio Analysis b. Liquidity Ratios c. Asset Management
Ratios
d. Debt Management Ratios
e. Profitability Ratios f. Market Value Ratios g. Du Pont Equation h. Using Financial Ratios
to Assess Performance i. Uses and Limitations of
Ratios
Class discussi on conduct ed by teacher .
Oral questio ning by the teacher .
Board work
Power point present ation
recitation
Assignment
Seatwork
Board work
Quizzes
Recitation
rubric
4-5 Discuss capital budgeting
Calculate and use the major capital budgeting decision criteria which are net present value, internal rate of return, modified internal rate of return, and payback period.
Determine whether a new project should be accepted or rejected using the payback period, net present value, internal rate of return and modified internal rate of return
I. THE BASIC CAPITAL BUDGETING a. Overview of Capital
budgeting
b. Net Present Value c. Internal Rate of Return d. Modified Internal Rate
of Return e. Payback Period
Class discussi on conduct ed by teacher .
Oral questio ning by the teacher .
Board Work
Power point
Recitation
Seatwork
Board work
Assignment
Quizzes
Recitation
rubric
present ation
F I N A L E X A M I N A T I O N Expectations from Students
Students are held responsible for meeting the standards of performance established for each course. Their performance and compliance with other course requirements are the bases for passing or failing in each course, subject to the rules of the University.
The students are expected to take all examinations on the date scheduled, read the assigned topics prior to class, submit and comply with all the requirements of the subject as scheduled, attend each class on time and participate actively in the discussions.
Furthermore, assignments such as reports, reaction papers and the like shall be submitted on the set deadline as scheduled by the faculty. Extension of submission is approved for students with valid reasons like death in the family, hospitalization and other unforeseen events. Hence, certificates are needed for official documentation. Likewise, special major examination is given to students with the same reasons above. Attendance shall be checked every meeting. Students shall be expected to be punctual in their classes. And observance of classroom decorum is hereby required as prescribed by student’s handbook.
Academic Dishonesty
It is the mission of the University to train its students in the highest levels of professionalism and integrity. In support of this, academic integrity is highly valued and violations are considered serious offenses. Examples of violations of academic integrity include, but are not limited to, the following:
1.Plagiarism – using ideas, data or language of another without specific or proper acknowledgment. Example: Copying text from the Web site without quoting or properly citing the page URL, using crib sheet during examination. For a clear description of what constitutes plagiarism as well as strategies for avoiding it, students may refer to the Writing Tutorial Services web site at Indiana University using the following link: http://www.indiana.edu/~wts/pamhlets.shtml. For citation styles, students may refer to http://www.uwsp.edu/psych/apa4b.htm.
2. Cheating – using or attempting to use unauthorized assistance, materials, or study aids during examination or other academic work. Examples: using a cheat sheet in a quiz or exam, altering a grade exam and resubmitting it for a better grade.
3. Fabrication – submitting contrived or improperly altered information in any academic requirements. Examples: making up data for a research project, changing data to bias its interpretation, citing nonexistent articles, contriving sources.
(Reference: Code of Academic Integrity and Charter of the Student Disciplinary System of the University of Pennsylvania at http://www.vpul.upenn.edu/osl/acadint.html).
Policy on Absences
1. A student who incurs two (2) absences in any subject shall be given a mark of “FA” as his final rating for the trimester, regardless of his performance in the class.
2. Attendance is counted from the first official day of regular classes regardless of the date of enrolment.
Grading System (Campus ++): Grading System. Student Catalogue (2011), Graduate School, Holy Angel University)
Grades Percentage Grade General Classification
1.0 97 – above Outstanding
1.25 94 – 96 Excellent
1.50 91 – 93 Superior
1.75 88 – 90 Very Good
2.00 85 – 87 Good
5.00 Below 85 Failed
6.00 FA Failure Due to Absences
8.00 UW Unauthorized Withdrawal
9.00 DRP Dropped with Permission
Assessment Criteria for Written examination
Grades Percentage Grade General Classification
1.0 97 – above Outstanding
1.25 94 – 96 Excellent
1.50 91 – 93 Superior
1.75 88 – 90 Very Good
2.00 85 – 87 Good
