Financial

Management
Finance 3040-003 (3.0 Credits)
Spring 2020


Instructor: Brian Johnson
brian.johnson@eccles.utah.edu
GARFF 3344, 801-581-4863

Class: Thursday 6:00-9:00PM, SFEBB 110

Office Hours: Mon. 10:00AM – 12:00PM, Wed. 3:30-5:00PM, or by appointment (GARFF 3344)

Teaching Assistant: Devon Gethers
u0892761@utah.edu

Important Dates: Class begins Thursday, January 9th, 2020
Last day to add, drop, elect CR/NC, or audit is Friday, January 17th, 2020
Last day to withdraw from classes is Friday, March 6th, 2020
Class ends Thursday, April 16th, 2020
Final Exam, April 28th (Tuesday) 1-3PM, the location/date/time will be confirmed.

In accordance with University Policy, students must take the Finance 3040 Final
Exam at the time and date officially scheduled by the University. The only
exception to this policy is for students participating in officially sanctioned
University activities or government obligations that conflict with the final exam
[PPM 6-100, part O]. If you have such a conflict, please provide documentation
from the relevant department as early as possible. This semester, the Finance 3040
final exam is scheduled for Tuesday, April 28th, from 1 – 3 p.m.

Prerequisites: Full Major or Minor status in the David Eccles School of Business, OR
Full Major status in Chemistry AND Emphasis in Business, OR
C- or better in ACCTG 2600 AND Full Major status in QAMO.

Text (Required): Fundamentals of Corporate Finance, 9th edition by Brealey, Myers & Marcus

Financial Calculator: A financial calculator is required for this course. The HP 10bII+ is inexpensive
and adequate. The HP 12c and others are acceptable. A key part of this course is
learning to use a financial calculator to analyze and solve financial problems. I will
use and demonstrate the use of the HP 10bII+ in class.

Course Description: This course is designed to give students an introduction to corporate finance as
well as financial tools/models and decision making. By the end of this course
students will have a knowledge of corporate governance, financial markets,
financial analysis, time value of money, bonds and bond valuation, capital
budgeting tools (NPV, IRR, DCF), risk and return, and the evaluation of investment
projects. These foundational financial tools will be used professionally in a
business career or in personal matters.

Canvas: Canvas will be used to post lecture slides and for other communications such as
solutions to in-class exercises.

Grading: Quizzes (40% of final grade)
Mid-term Exam (30% of final grade)
Final Exam (30% of final grade)

Grading policy: Final grades will be awarded based on the accumulation of points. Grades will be
assigned from these percentages: (Grades will be curved if necessary to facilitate a
class average of 2.6-3.0).

A 93-100 B 83-86 C 73-76 D 63-66

A- 90-92 B- 80-82 C- 70-72 D- 60-62
B+ 87-89 C+ 77-79 D+ 67-69 E 0-59

Quizzes: Quizzes are used to facilitate learning and to prepare you for the midterm and final exams.
As such, a mastery learning grading method is employed. To receive any credit for a quiz,
students must answer all questions correctly. Students may retake and resubmit quizzes
up to 4 times to answer all questions correctly and receive full credit. Once a completely
correct quiz is submitted, the appropriate credit will be awarded. Incorrect, incomplete or
late quizzes will not be counted for credit. Students may resubmit quizzes for 4 weeks
from the original quiz date. No credit will be awarded for quizzes that are not mastered
within the 4-week period (note deadline dates for each quiz on the syllabus).

Midterm: The midterm will cover information from the beginning of the semester up until the
midterm. A review of topics will be done in the preceding class. You may not work
together on the test. You may use your calculator. The primary purpose of the midterm is
to prepare you for the final. A formula sheet will be provided.

Final: The final exam will be comprehensive. It will be a “Departmental Final”. A review of
topics will be done the class before. You may use your calculator. A formula sheet will be
provided.

Participation: You will be expected to come to class and participate in class discussions. I will not take
attendance, but I will make notes of excessive absences. If you wish to make special
arrangements for missing a class, please notify me in advance. I am happy to meet with
students regarding any questions. However, it is impossible to re-lecture to everyone who
misses a class. Therefore, I recommend you find a friend who is willing to share notes, let
you know about assignments, etc. in the event you miss class.

Reading/Homework: Students are expected to have studied the assigned chapters before coming to class. In
class exercises will require knowledge of the assigned material.

Other Information: Tutoring for Finance 3040 is available. The Business Tutoring Center will provide weekly
tutoring hours for this course starting in week 3 of classes. More information about specific
tutoring hours and locations can be found at www.business.utah.edu/tutoring.

Americans with Disabilities Act:
The University of Utah David Eccles School of Business seeks to provide equal access to its
programs, services and activities for people with disabilities. If you will need
accommodations in this class, reasonable prior notice needs to be given to the instructor
and to the Center for Disability Services, http://disability.utah.edu/, 160 Olpin Union
Building, 801-581-5020 (V/TDD). CDS will work with you and the instructor to make
arrangements for accommodations. All written information in this course can be made
available in alternative format with prior notification to the Center for Disability Services.


Professional Conduct: David Eccles School of Business Statement of Professional and Ethical Conduct:
Because of the importance of professional and ethical behavior in business, and its
 emphasis in our program, professional or academic misconduct is not tolerated in the
David Eccles School of Business. Students are expected to adhere to the standards of
behavior outlined in the University of Utah Code of Student Rights and Responsibilities
(Policy 6-400). Students engaging in behavioral misconduct could be subject to suspension
or dismissal from the University. Students involved in any form of academic misconduct,
including but not limited to cheating on tests, plagiarism and collusion may, at the
instructor's discretion, receive a failing grade in the course, examination, or academic
assignment. In addition to or instead of this sanction, the instructor may refer the case to
the Student Behavior Committee for hearing. If the instructor chooses not to do so, the
Associate Dean for Academic Affairs, after appropriate investigation, may do so along with
a recommendation to dismiss the student from the Business School. If, after hearing the
evidence, the Committee determines that the student in question is guilty of the
misconduct charged, the Committee may impose sanctions in addition to those taken by
the professor. If the academic dishonesty is not proven, the instructor must rescind any
sanctions imposed and will be required to evaluate the student's performance with the
assumption that there has been no misconduct. The School will treat the student likewise.
If a student suspects another student of academic misconduct, he/she should refer the
incident to the instructor, the appropriate department, the Associate Dean for Academic
Affairs, or the Student Behavior Committee, administered by the Associate Dean of
Students, 270 Union.

Collaboration is encouraged as a means of learning. However, unless explicitly stated
otherwise, all quizzes and exams must be completed individually. Any student caught
cheating on an exam or a quiz will automatically fail the respective exam or quiz. Any
student caught cheating a second time will receive an “E” for their final grade in the class.

Use of any and all electronic devices (e.g. pagers, cell phones, language translators, laptops,
tablets, calculators, etc.) is forbidden during an exam unless otherwise specifically
authorized by the instructor. A student who uses an unauthorized device may be subject to
penalties for academic misconduct.

Safety: The University of Utah values the safety of all campus community members. To report
suspicious activity or to request a courtesy escort, call campus police at 801-585-COPS
(801-585-2677). You will receive important emergency alerts and safety messages
regarding campus safety via text message. For more information regarding safety and to
view available training resources, including helpful videos, visit safeu.utah.edu.

Sexual Misconduct: Title IX makes it clear that violence and harassment based on sex and gender (which
Includes sexual orientation and gender identity/expression) is a civil rights offense subject
to the same kinds of accountability and the same kinds of support applied to offenses
against other protected categories such as race, national origin, color, religion, age, status
as a person with a disability, veteran’s status or genetic information. If you or someone you
know has been harassed or assaulted, you are encouraged to report it to the Title IX
Coordinator in the Office of Equal Opportunity and Affirmative Action, 135 Park Building,
801-581-8365, or the Office of the Dean of Students, 270 Union Building, 801-581-7066.
For support and confidential consultation, contact the Center for Student Wellness, SSB
328, 801-581-7776. To report to the police, contact the Department of Public Safety, 801-
585-2677(COPS).

Diversity/Inclusivity: It is my intent that students from all diverse backgrounds and perspectives be well served
by this course, that students’ learning needs be addressed both in and out of class, and that
the diversity that students bring to this class be viewed as a resource, strength and benefit.
It is my intent to present materials and activities that are respectful of diversity: gender,
sexuality, disability, age, socioeconomic status, ethnicity, race, and culture. Your
suggestions are encouraged and appreciated. Please let me know ways to improve the
effectiveness of the course for you personally or for other students or student groups. In
addition, if any of our class meetings conflict with your religious events, please let me
 know so that we can make arrangements for you. (Source: University of Iowa College of
Education)


Undocumented Students: Undocumented Student Support. Immigration is a complex phenomenon with broad
impact—those who are directly affected by it, as well as thosewho are indirectly affected
by their relationships with family members, friends, and loved ones. If your immigration
status presents obstacles to engaging in specific activities or fulfilling specific course
criteria, confidential arrangements may be requested from the Dream Center.
Arrangements with the Dream Center will not jeopardize your student status, your
financial aid, or any other part of your residence. The Dream Center offers a wide range of
resources to support undocumented students (with and without DACA) as well as students
from mixed-status families. To learn more, please contact the Dream Center at 801-213-
3697 or visit dream.utah.edu.

Wellness: Personal concerns such as stress, anxiety, relationship difficulties, depression, cross-
Cultural differences, etc., can interfere with a student’s ability to succeed and thrive at the
University of Utah. For helpful resources contact the Center for Student Wellness at
www.wellness.utah.edu or 801-581-7776.


Course Schedule: I will make every effort to conform to the following schedule while reserving the right to
make changes as progress through the course material demands.