Fin 411 Finance Fundamentals for MBA Applicants

FIN 411 IS Sec 1, University of Mississippi
[See UM Catalog for Description]

3 credit hours

Instructor Information:

Dr. Lynn Phillips Kugele

Instructor name:
Dr. Lynn Phillips Kugele

Instructor Information:
Dr. Kugele is a Clinical Assistant Professor of Finance at UM. Her academic background includes:

  • Ph.D. University of Memphis, Memphis, TN, Business Administration - Finance (Statistics minor)
  • M.B.A. Christian Brothers University, Memphis, TN, Finance
  • M.S. Memphis State University, Memphis, TN, Mathematics (Computer Science minor)
  • B.S. Memphis State University, Memphis, TN, Mathematics (Art History minor)

Contact Information:

If you have questions concerning the content of the course, you may contact the instructor directly using the Email Your Instructor link in the Lessons or Content page. NOTE: Whenever sending email, please be sure to indicate your course title and number in the subject line. You can expect a response within 72 hours, although it may be longer on weekends. Many instructors reply within 24 hours.

For lesson or test administration issues, please contact the iStudy department:

The University of Mississippi
Division of Outreach and Continuing Education
iStudy
P. O. Box 1848
University, MS 38677

Phone: (662) 915-7313, toll-free (877) 915-7313
Fax: (662) 915-8826
E-mail: istudy@olemiss.edu

Course Description

This course is an introduction to business finance, emphasizing the financing and investment decisions of the financial manager. The course is designed to meet the finance prerequisite requirement for the MBA program. In addition, it will provide a review of basic mathematics, statistics and Excel skills necessary in the MBA program.

Textbook Information:

Textbook information will be provided upon enrollment in your iStudy course.

Course Objectives:

Objectives include (but are not limited to):

  • Recall and demonstrate understanding of basic algebra and statistical functions, use of the Texas Instruments Business Analyst II+ (TIBAII+) calculator and a basic level of comfort with Excel.
  • Recall the primary goal of financial management in a corporation. (Ch 1)
  • Demonstrate the use of financial ratios to analyze the performance of a firm and in financial planning. (Chs 3 and 4)
  • Understand the concept of the time value of money and be able to solve various TVM problems. (Ch 5)
  • Recall the characteristics of a bond and be able to calculate the current price, yield-to-maturity, and yield-to-call of annual and semi-annual payer bonds. (Ch 7)
  • Understand the concept of risk ñ systematic and diversifiable - in a financial framework and be able to calculate expected returns and standard deviations for both individual assets and portfolios. (Ch 8)
  • Recall the characteristics of common stock and be able to calculate the value of a share of stock. (Ch 9)
  • Define and be able to calculate the weighted average cost of capital. (Ch 10)
  • Understand the importance of the capital budgeting function in a corporation and be able to calculate the various metrics used to evaluate projects. (Ch 11)
  • Understand the process and components of estimating and evaluating the cash flows for a proposed project. (Ch 12)
  • Be able to create and evaluate the cash flows for a proposed project both manually and in Excel. (Ch 12)

Course Outline:

This course consists of 15 instructional modules (or lessons) and 2 proctored examinations.

You MUST take the syllabus quiz within 2 weeks of enrolling or you will be dropped from the course. NOTE: you must pass the Syllabus and Orientation Quiz for the course materials to appear on the Lessons page.

Unit

Chapter

Lesson

Topic

Lecture Time

Quiz

Start Here

Syllabus, Orientation Materials & Quiz

*You MUST complete the syllabus quiz as soon as you have access to your Blackboard course. This is mandatory to verify your attendance.* NOTE: you must pass the Syllabus and Orientation Quiz for the course materials to appear on the Lessons page.

Syllabus Quiz

A: Quantitative Skills

 

A1

Excel Basics

15:51

Quiz A-1

A2

Algebra/Statistics

16:12

Quiz A-2

A3

TIBAII+ Calculator

11:49

Quiz A-3

B: Introduction & Accounting Review

1

B1

Introduction to Finance

06:44

Quiz B-1

3

B2

Financial Statements

10:47

Quiz B-2

4

B3

Ratio Analysis

14:48

Quiz B-3

C: Time Value of Money

5

C1

Time Value of Money Basics

14:26

Quiz C 1:3

C2

Time Value of Money - Annuities

08:18

C3

Time Value of Money - Uneven cash flow streams and interest rates

11:45

Mid Course Exam

Proctored 2-hour exam to be scheduled and completed before proceeding.

Password protected

MIDPOINT OF COURSE

If you are a semester student, you must reach the midpoint of your course by the date specified in your information.
If you are a Flex UM student, you CANNOT WITHDRAW from this course after the exam has been submitted.

All lesson assignments or exams needed to reach the midpoint of the course

The exact date semester students are required to reach the midpoint is specified in your information.

D: Bond Valuation

7

D1

Bond Valuation - Annual payers

14:17

Quiz D-1

D2

Bond Valuation - Semiannual payers

08:43

Quiz A-1

E: CAPM and Stock Valuation

8

E1

CAPM - Risk & Return Part A

08:01

Quiz E-1:2

E2

CAPM - Risk & Return Part B

13:51

9

E3

Stock Valuation

14:07

Quiz A-1

F: Capital Budgeting

10

F1

WACC

15:02

Quiz F-1

11

F2

Part A: NPV & IRR

09:49

Quiz F-2:3

F3

Part B: MIRR, Payback, Discounted Payback

11:40

12

F4

Cash Flow Estimation

12:27

Quiz F-4:5

F5

Cash Flow Risk Analysis

12:05

Final Exam

Proctored comprehensive 3-hour exam to be scheduled and completed before proceeding.

Password

Grading:

GRADING SCALE:

This is a Pass/Fail course.

  • You must make 70 or better on each quiz to access the next lesson.
  • You must make 70 or better on the mid-term to progress to the second half of the course.
  • You must make 70 or better to gain credit for the course.
  • All quizzes and tests are auto-graded in Blackboard so you will know your grade immediately.

FAILURE TO TAKE THE FINAL EXAM WILL RESULT IN FAILURE OF THE COURSE.

You must submit the lessons required to take the course exam(s). Lessons required but not submitted will receive a grade of zero. For the final exam, all coursework must be submitted and graded.