ADMN 252 Financial Management course examines the role of finance and the tools and environment of financial decision making. Topics include: time value of money, foundations for valuation, financial analysis and planning, management of current assets and liabilities, capital budgeting, risk and return, and personal finance. Together with ADMN 255 this course will enable the student to acquire the needed skills and knowledge to analyze common corporate financial decisions. These two courses will also provide a basis for further advanced studies.
Prerequisites: COMM 241 or equivalent with a minimum of 60%
Accessibility Services Notice
Students who would like an academic accommodation and who have a documented disability should contact Accessibility Services, if they have not already done so.Course Details| Total number of weeks | 15 |
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| Total Credits | |
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| Total Hours | 45 |
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Typical hours per week breakdown| Lecture | 3 |
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Learning Outcomes
Upon successful completion of this course, the learner will be able to:
- Identify how finance builds on the disciplines of accounting and economics
- Identify the limitations of the balance sheet and income statements, and the importance of cash flows as identified in the statement of cash flows
- Calculate and interpret basic financial statement ratios
- Prepare the three basic financial statements for forecasting the cash budget, and the pro forma balance sheet and income statement
- Define, calculate and interpret financial and operating leverage
- Demonstrate the ability to prepare the three basic financial statements
- Identify the risks and opportunities involved in working capital management
- Apply the concepts of liquidity and risk to current asset management
- Understand the cost and availability of various short-term financings
- Apply the time value of money and the concept of risk in the capital budgeting decision
- Understand and analyse a corporate annual report
Teaching and Learning Approach
Teaching focusses on developing the student as a new professional. In class time is primarily spent working on shared spreadsheets to develop both a clear understanding of financial accounting concepts and the spreadsheet and communication skills required in the workforce.
Students are expected to keep abreast of the technical concepts prior to class by reviewing the course notes. The technical will be assessed in weekly quizzes, and small technical lectures will be interspersed with the practical work in class.
Learning Resources
Required:
Block, Stanley B., Hirt, G.A, Danielsen, B.R., Short, D.J., and Peretta, M.A. (2024). Foundations of Financial
Management (13th Canadian Edition). Toronto: McGraw-Hill.
· Connect for Foundations of Financial Management – purchase necessary for online assignments
· TI BA11 Plus Calculator
· Mike’s Bikes online access (Business Simulation)
· Windows based computer with webcam, speakers and microphone
· High speed internet access
Detailed Course Content, Topics, and Sequence Covered
1. 1. Orientation: Course Introduction, Moodle, Mikes Biles, TSX Investment Challenge
2. 2. Chapter 1: The Goals and Functions of Financial Management
3. 3. Chapter 2: Review of Accounting
4. 4. Chapter 3: Financial Analysis, Mike's Bikes Intro
5. 5. Chapter 4: Financial Forecasting, Ratio exercise
6. 6. Chapter 5: Operating and Financial Leverage
7. 7. Chapter 6: Working Capital and Financing Decision
8. 8. Chapter 7: Current asset management
9. 9. Chapter 8: Sources of short term financing
10. 10. Chapter 9: Time value of Money
11. 11.Chapter 12: The Capital Budgeting Decision
12. 12. in class assignment/quiz, Mike's Bikes Competition
13. 13. Mike's Bikes Competition
14. 14. Mike's Bikes Competition
15. 15. Final Exam
Assessment
| Title |
Learning Outcomes |
Value |
| Assignments & Quizzes (weekly) |
1,2,3,4,5,6,7,8,9 |
15% (15 assignments & quizzes at 1% each) |
Mike's Bikes Simulation with Report
|
1,2,3,4,6,7,8,9,10
|
15% |
Mid-term Exam
|
1,2,3,4,5,6
|
35% |
| Final Exam |
7,8,9,10,11 |
35% |
| Total |
100% |
Note that to achieve full Marks for this course, in addition to class attendance, the typical student should expect to invest approximately four hours weekly in such activities as reading, studying, quizzes, group work, etc.
Grading Table
Standard Academic and Career Programs Grading Table
| Percentage |
Letter Grade |
GPA |
| 90-100 |
A+ |
4.33 |
| 85-89 |
A |
4.00 |
| 80-84 |
A- |
3.67 |
| 76-79 |
B+ |
3.33 |
| 72-75 |
B |
3.00 |
| 68-71 |
B- |
2.67 |
| 64-67 |
C+ |
2.33 |
| 60-63 |
C |
2.00 |
| 55-59 |
C- |
1.67 |
| 50-54 |
P |
1.00 |
| 0-49 |
F |
0.00 |
| |
DNW |
0.00 |
See the Academic Calendar for General Information including how to withdraw from course(s) and other regulations.
Disclaimer
Information contained in this course outline is correct at the time of publication. Content of the course is revised on an ongoing basis to ensure relevance to changing educational, employment and market needs. The instructor will endeavor to provide notice of changes to students as soon as possible. The instructor reserves the right to add or delete material from courses.