Instructor	Office Hours	Text
Robert H. Kuzma	MWF 0800-0900	Business Finance
Office: Cooke 207	MWF 1000-1100	Foundations of Corporate Finance
Office Phone: 915 793-3854	TR 0930-1200	West, 1996
Home Phone 915 692-4078	M 1300-1400	Hickman, Kent, Hunter

 

Course Prerequisites

Principals of Accounting (I and II) and Economics (I and II) and Statistics are prerequisites for this course.

Calculator

It is recommended that you have a financial calculator to use throughout the course. Many of the problems require complex arithmetic operations, and a financial calculator is necessary to solve these problems efficiently. This is especially true for exams.

I recommend either an HP or a TI BA-II Plus. I can help you learn these calculators and they both do NPV and IRR’s on uneven cash flows. This may not mean much to you now, but it will after the first test. The HP 10B or TI BA-II Plus (preferred) cost about $30 at Service Merchandise, Target etc. Some of the homework assignments also provide an excellent opportunity to use a computerized spreadsheet solution. You are encouraged to use the computer for these assignments whenever possible.

Course Objectives

• Introduce you to finance theory, as it applies to the financial operations of business corporations. This includes the goal of the firm, problems to acquiring the goal, capital structure and capital budgeting.

• Introduce you to the concepts of risk, rates of return, and the valuation of assets. Specific topics include the time value of money, asset valuation models, risk measurement, and financial statement analysis.