Finance 3 Credit Equivalent

Apply financial principles and tools such as time value of money, risk and return trade-off, bond and stock valuations, financial statements, and capital budgeting to arrive at corporate financial decisions.

Projects

Number Title Description Credit Equivalent
FIN 300 Capital Budgeting Techniques

In this project, students will prepare a report for a fictional business that includes an executive summary with several mathematical computations, while showing their work.  Students will analyze a simplified project income statement and compute the project’s after-tax cash flow.  Students will also compute and interpret the business’ proposed project’s net present value (NPV), internal rate of return (IRR), and profitability index.   The student will then determine whether or not the proposal should be accepted.   Lastly, students will analyze the minimum required rate of return.

Required text: None.

Prerequisites:

  • FACT 205: Financial Accounting: Ethics and Internal Controls

    FACT 205: Financial Accounting: Ethics and Internal Controls

    In a perfect world there would be no need for accounting internal controls or discussions about ethics.  With the state of the world today these are very important topics that all business students need to understand.  Failures of internal controls and unethical behavior are frequently stories in the business news.  In this project, you will learn how these tragic situations might have been avoided.  Internal controls have two primary purposes.  They should help ensure that accounting systems operate as they are designed to operate.  This means that established procedures are followed and any exceptions are noted and properly authorized.  Following standardized procedures results in efficient operations and accurate accounting information. The second purpose is to safeguard assets from misappropriation by theft or fraud.  A strong system of internal controls denies the opportunity to steal from an organization.  You will learn how to review an organization’s system of internal controls, identify shortcomings and recommend improvements. In this project, you are going to learn about ethics in business and specifically in accounting.  You will develop a framework for analyzing ethical dilemmas as you work through several scenarios.

    Required text: Wild, John J. Financial Accounting: Information for Decisions, 5th Edition. ISBN: 978-0073527017

  • BALG 110: Application of Algebraic Methods to Model and Solve Business Problems

    BALG 110: Application of Algebraic Methods to Model and Solve Business Problems

    In this project, students will be provided with several different business scenarios such as choosing the most cost-effective cell phone plans, analyzing the revenue of a sports team based on stadium capacity and ticket sales, and comparing job offers from multiple companies. For each scenario, students need to decide how to model them using algebraic methods, identify the best method to solve the algebraic models, and apply appropriate solution methods to solve the business problems. As part of this project, students are expected to use algebraic models based on systems of equations and matrices.

    Required text: Stadler, S. and P. Martin. Developmental & intermediate algebra combined text. Retrieved from: http://pages.uwex.edu/shubhangi.stalder/Developmental-and-intermediate-Algebra-Textbook.pd.

1
FIN 305 Stock Market Performance

In this project, students will prepare a report on the performance of the stock market that addresses several key issues.   Students will analyze 3 indexes that track the performance of the stock market:  the Dow Jones Industrial Average, S&P 500 Index and the NASDAQ composite index.  Students will review how well they track in order to analyze stock market performance over a specific day and the last five years.  Students will be responsible for identifying which index has been most volatile over the last five years as well as identifying which index has posted the greatest gains over the last five years and which has been the less volatile.  Students will then identify which index has performed the best that day and which has been the most volatile.  Lastly, students will need to explain how diversification applies to the above scenarios.

Required text: None.

Prerequisites:

  • BEI 105: Microeconomic Market Analysis II

    BEI 105: Microeconomic Market Analysis II

    In this project, students will identify a microeconomic issue or a problem that challenges students to do an in-depth analysis of a market/industry. Focus Project #2 has 5 parts: Proposal, Survey Design, First Draft, Final Draft, and presentation video. Student will identify industry and market characteristics, and key economic actors (firms, government regulations, and competition). The economic arguments of the stake holders (firms, consumers and the government) will be provided. Survey will teach students how to design an online survey to gather public input about the topic. This is an important step as survey provides them a real life data and an empirical foundation while literature review and other theoretical economic models (Focus Project#2: First Draft) will provide them a theoretical foundation. In an ideal project report (Focus Project#2: Final Draft), both theoretical and empirical foundations are needed to ground the ideas and theories. In their policy recommendations, students will be expected to provide a comprehensive list of supporting arguments and a possible list of unintended consequences

    Required text: McEachern, W. A. Microeconomics: A contemporary introduction. 9th Edition (2012). Mason, OH: South-Western Cengage Learning. ISBN: 978-0538453714.

  • BEII 105: Business Cycle Analysis

    BEII 105: Business Cycle Analysis

    The goal of this project is to encourage students to explore the differences and similarities in the causes of the two most recent U.S. recessions. Students will also evaluate the effectiveness of the monetary and fiscal policies (demand-side and supply-side) that were designed to combat the two recessions.  In addition, students will recommend and explain specific fiscal and monetary policies that they would have personally preferred to see implemented. Finally, students will explain why the Great Depression was relatively worse than the Great Recession of 2007 – 2009.

    Required text: Saylor Academy. Principles of Macroeconomics. (2012). Retrieved from: https://saylordotorg.github.io/text_principles-of-macroeconomics-v2.0/index.html.

1
FIN 310 Business Financial Ratio Analysis

In this project, students select a firm of their choice and prepare an executive report.  Within this report students demonstrate financial ratio analysis skills and mastery using financial calculators. Through their detailed analysis using financial calculators students will determine the valuation of the selected firm.  Students will conduct a financial ratio analysis given a data se, which is an important step because this is what businesses must do regularly.  Students will learn about the 4 different financial calculators.  A sample exercise where students calculate their own personal finances will give a clear understand of the 3 different business valuations.

Required text: None.

Prerequisites:

  • FIN 300: Capital Budgeting Techniques

    FIN 300: Capital Budgeting Techniques

    In this project, students will prepare a report for a fictional business that includes an executive summary with several mathematical computations, while showing their work.  Students will analyze a simplified project income statement and compute the project’s after-tax cash flow.  Students will also compute and interpret the business’ proposed project’s net present value (NPV), internal rate of return (IRR), and profitability index.   The student will then determine whether or not the proposal should be accepted.   Lastly, students will analyze the minimum required rate of return.

    Required text: None.

  • FIN 305: Stock Market Performance

    FIN 305: Stock Market Performance

    In this project, students will prepare a report on the performance of the stock market that addresses several key issues.   Students will analyze 3 indexes that track the performance of the stock market:  the Dow Jones Industrial Average, S&P 500 Index and the NASDAQ composite index.  Students will review how well they track in order to analyze stock market performance over a specific day and the last five years.  Students will be responsible for identifying which index has been most volatile over the last five years as well as identifying which index has posted the greatest gains over the last five years and which has been the less volatile.  Students will then identify which index has performed the best that day and which has been the most volatile.  Lastly, students will need to explain how diversification applies to the above scenarios.

    Required text: None.

1
Number
FIN 300
Title
Capital Budgeting Techniques
Description

In this project, students will prepare a report for a fictional business that includes an executive summary with several mathematical computations, while showing their work.  Students will analyze a simplified project income statement and compute the project’s after-tax cash flow.  Students will also compute and interpret the business’ proposed project’s net present value (NPV), internal rate of return (IRR), and profitability index.   The student will then determine whether or not the proposal should be accepted.   Lastly, students will analyze the minimum required rate of return.

Required text: None.

Prerequisites:

  • FACT 205: Financial Accounting: Ethics and Internal Controls

    FACT 205: Financial Accounting: Ethics and Internal Controls

    In a perfect world there would be no need for accounting internal controls or discussions about ethics.  With the state of the world today these are very important topics that all business students need to understand.  Failures of internal controls and unethical behavior are frequently stories in the business news.  In this project, you will learn how these tragic situations might have been avoided.  Internal controls have two primary purposes.  They should help ensure that accounting systems operate as they are designed to operate.  This means that established procedures are followed and any exceptions are noted and properly authorized.  Following standardized procedures results in efficient operations and accurate accounting information. The second purpose is to safeguard assets from misappropriation by theft or fraud.  A strong system of internal controls denies the opportunity to steal from an organization.  You will learn how to review an organization’s system of internal controls, identify shortcomings and recommend improvements. In this project, you are going to learn about ethics in business and specifically in accounting.  You will develop a framework for analyzing ethical dilemmas as you work through several scenarios.

    Required text: Wild, John J. Financial Accounting: Information for Decisions, 5th Edition. ISBN: 978-0073527017

  • BALG 110: Application of Algebraic Methods to Model and Solve Business Problems

    BALG 110: Application of Algebraic Methods to Model and Solve Business Problems

    In this project, students will be provided with several different business scenarios such as choosing the most cost-effective cell phone plans, analyzing the revenue of a sports team based on stadium capacity and ticket sales, and comparing job offers from multiple companies. For each scenario, students need to decide how to model them using algebraic methods, identify the best method to solve the algebraic models, and apply appropriate solution methods to solve the business problems. As part of this project, students are expected to use algebraic models based on systems of equations and matrices.

    Required text: Stadler, S. and P. Martin. Developmental & intermediate algebra combined text. Retrieved from: http://pages.uwex.edu/shubhangi.stalder/Developmental-and-intermediate-Algebra-Textbook.pd.

Credit Equivalent
1
Number
FIN 305
Title
Stock Market Performance
Description

In this project, students will prepare a report on the performance of the stock market that addresses several key issues.   Students will analyze 3 indexes that track the performance of the stock market:  the Dow Jones Industrial Average, S&P 500 Index and the NASDAQ composite index.  Students will review how well they track in order to analyze stock market performance over a specific day and the last five years.  Students will be responsible for identifying which index has been most volatile over the last five years as well as identifying which index has posted the greatest gains over the last five years and which has been the less volatile.  Students will then identify which index has performed the best that day and which has been the most volatile.  Lastly, students will need to explain how diversification applies to the above scenarios.

Required text: None.

Prerequisites:

  • BEI 105: Microeconomic Market Analysis II

    BEI 105: Microeconomic Market Analysis II

    In this project, students will identify a microeconomic issue or a problem that challenges students to do an in-depth analysis of a market/industry. Focus Project #2 has 5 parts: Proposal, Survey Design, First Draft, Final Draft, and presentation video. Student will identify industry and market characteristics, and key economic actors (firms, government regulations, and competition). The economic arguments of the stake holders (firms, consumers and the government) will be provided. Survey will teach students how to design an online survey to gather public input about the topic. This is an important step as survey provides them a real life data and an empirical foundation while literature review and other theoretical economic models (Focus Project#2: First Draft) will provide them a theoretical foundation. In an ideal project report (Focus Project#2: Final Draft), both theoretical and empirical foundations are needed to ground the ideas and theories. In their policy recommendations, students will be expected to provide a comprehensive list of supporting arguments and a possible list of unintended consequences

    Required text: McEachern, W. A. Microeconomics: A contemporary introduction. 9th Edition (2012). Mason, OH: South-Western Cengage Learning. ISBN: 978-0538453714.

  • BEII 105: Business Cycle Analysis

    BEII 105: Business Cycle Analysis

    The goal of this project is to encourage students to explore the differences and similarities in the causes of the two most recent U.S. recessions. Students will also evaluate the effectiveness of the monetary and fiscal policies (demand-side and supply-side) that were designed to combat the two recessions.  In addition, students will recommend and explain specific fiscal and monetary policies that they would have personally preferred to see implemented. Finally, students will explain why the Great Depression was relatively worse than the Great Recession of 2007 – 2009.

    Required text: Saylor Academy. Principles of Macroeconomics. (2012). Retrieved from: https://saylordotorg.github.io/text_principles-of-macroeconomics-v2.0/index.html.

Credit Equivalent
1
Number
FIN 310
Title
Business Financial Ratio Analysis
Description

In this project, students select a firm of their choice and prepare an executive report.  Within this report students demonstrate financial ratio analysis skills and mastery using financial calculators. Through their detailed analysis using financial calculators students will determine the valuation of the selected firm.  Students will conduct a financial ratio analysis given a data se, which is an important step because this is what businesses must do regularly.  Students will learn about the 4 different financial calculators.  A sample exercise where students calculate their own personal finances will give a clear understand of the 3 different business valuations.

Required text: None.

Prerequisites:

  • FIN 300: Capital Budgeting Techniques

    FIN 300: Capital Budgeting Techniques

    In this project, students will prepare a report for a fictional business that includes an executive summary with several mathematical computations, while showing their work.  Students will analyze a simplified project income statement and compute the project’s after-tax cash flow.  Students will also compute and interpret the business’ proposed project’s net present value (NPV), internal rate of return (IRR), and profitability index.   The student will then determine whether or not the proposal should be accepted.   Lastly, students will analyze the minimum required rate of return.

    Required text: None.

  • FIN 305: Stock Market Performance

    FIN 305: Stock Market Performance

    In this project, students will prepare a report on the performance of the stock market that addresses several key issues.   Students will analyze 3 indexes that track the performance of the stock market:  the Dow Jones Industrial Average, S&P 500 Index and the NASDAQ composite index.  Students will review how well they track in order to analyze stock market performance over a specific day and the last five years.  Students will be responsible for identifying which index has been most volatile over the last five years as well as identifying which index has posted the greatest gains over the last five years and which has been the less volatile.  Students will then identify which index has performed the best that day and which has been the most volatile.  Lastly, students will need to explain how diversification applies to the above scenarios.

    Required text: None.

Credit Equivalent
1