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Revised August 2021

Course Information
Course Number and Title: FI6315 – Managerial Finance
Term/Year: Spring I 2022
Term Dates: January 31st, 2022 – May 15th, 2022
Delivery Method: Online with virtual residency
Meeting Place and Time: Online via Blackboard
Live Session: You will be contacted by your LIVE Residency Instructor.  This individual
may/may not be the instructor for your Blackboard course. Please be sure to
check your NEC email daily.  LIVE Zoom Faculty will reach out in weeks 3 or 4 of
the term. Students will meet during the term to complete the required 8 hours
of LIVE Zoom contact.  In accordance to federal and campus guidelines in
response to COVID, these sessions are all required and replace the Henniker
Residency that has been moved online due to COVID. In addition to the 8 hours
of LIVE Zoom instruction, you have 10 hours of self-directed research to assist in
your studies for your required 18 hours of residency for this course.
Credits: 3
Prerequisites: None

Instructor Information
Faculty Name: Prof. Stephan Unger
Email Address: sunger@nec.edu
Phone Number: 646 991 8501
Response time: 48h

Required Materials and Textbook(s)


Brealey, Myers and Marcus, Fundamentals of Corporate Finance, 10th Edition, McGraw-Hill Irwin, 2020; ISBN
978-1-260-01396-2

Optional or Supplemental Materials


You will need a basic calculator that can add, subtract, multiply, or divide for each class. Later on in the semester
you will need a financial calculator or excel. A financial calculator that has NPV, IRR, and a Cash Flow key is
optional. You may already have a calculator with these functions. The TI BA II Plus is a good calculator to have
for the class if you don’t already have a financial calculator. Or if you have a laptop, Excel can be used.

Types of bonds (optional)


http://www.youtube.com/watch?v=Jj0V01Arebk

Importance of Capital Budgeting (optional)

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Revised August 2021

http://www.youtube.com/watch?v=jrOkIIvIlyw

Course Description and Outcomes


In this course students will explore the tools available to recognize capital management and its formation and
relationship to the financial stability of the organization and decision making process. Emphasis is placed on
developing a core set of skills in financial modeling, debt and equity issues, valuation, mergers and acquisitions,
financial planning, risk management, financial reporting and analysis, and taxation. (4 credits)

We will study the principles of financial management and the framework for making financial decisions and
apply them to decisions faced by the financial manager. Students will learn the basic tools of financial
management to determine how managers choose between investments that have different cash flows, degrees
of risk and payback periods.

Upon the successful completion of this course, the student will be able to:
1) Describe the role of the financial manager within the corporation.
2) Explain the functions of financial markets and institutions.
3) Apply the concepts of the time value of money and opportunity cost of capital.
4) Calculate the net present value of a project and evaluate competing projects for funding.
5) Apply the tools of project valuation employing discounted cash flow models.
6) Apply valuation techniques for each source of capital.
7) Evaluate the types of risk financial managers are confronted with.
8) Describe and apply the concepts of risk and return to quantify the cost of capital for a firm.
9) Prepare and interpret the financial statements for a business entity.
10) Apply the concepts of financial statement analysis.

Grading Policies
 Technological issues are not acceptable reasons for late submissions. This is an online course;
connectivity is your responsibility.
 All written assignments must have a cover page with the student’s name on it. Any
assignments submitted without this will require revision for a maximum grade of A-.
 Students must submit discussion board postings during the time frame indicated in the
assignment. Discussion board submissions will not be accepted for credit after the deadline.
Every post must be copied and pasted into the forum, no attachments. No exceptions!
 Students needing extra time may submit assignments, excluding discussion board postings,
up to two days late. Late assignments receive a 10% deduction per day. Assignments more
than 2 days late will not be accepted.
 Instructor will accept late work without prior arrangement in the case of extenuating
circumstances (such as hospitalization, childbirth, major accident, injury, or bereavement).
Students who suffer such a circumstance must notify the instructor as soon as possible of the
extenuating circumstance that prevented them from submitting work on time and determine
a deadline with the instructor for submitting the work. In these instances, the instructor will
waive the late penalty. Students who do not meet the deadline arranged with the instructor
will receive a grade of zero on the assignment. Note this does not apply during the final week
of class.
 Students must submit the final assignment no later than the last day of the term. No

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assignments are accepted after the last day of the term.

Grade Weights Table

The exams consist of problems and essays related to the weekly lectures and Blackboard exercises
we have done. There will also be problems assigned to each chapter we cover in class. These
homework assignments will be helpful in preparing for the exams and case studies. The homework
solutions will be submitted for grading. Assignments submitted after the due date will be penalized
20 percent of the grade. For the Discussion Board, any work submitted for the week after 11:59pm
on Sunday will not be accepted. The course grading is as follows:

Assessment Frequency % Toward Final Grade


Discussions (worth 100 points each week) 12 25%
Homework (worth 100 points each week) 12 25%
Problem Set 1 (Exam 1) 1 15%
Problem Set 2 (Exam 2) 1 15%
Project 1 20%
Total 100%

Grading Scale

A 100-93
A- 92-90
B+ 89-87
B 86-83
B- 82-80
C+ 79-77
C 76-73
C- 72-70
D 69-60
F 59 and below

Final course grades of C+ or below will not meet graduate degree requirements. Students will need to repeat
any course in which they received a grade C+ or below. For more information, please refer to the New England
College Academic Catalog.

Required Technical Skills


In order to promote success in an online community, whether 100% online or hybrid, students must know how
to use email and navigate the Internet. Students must be familiar with their computer or device, its programs
and operating system, be able to send messages to their instructor, upload attachments, post assignments,
communicate with other students, and navigate the course site. Students should retain and organize copies of
all course work on a backup device or cloud storage program.

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Attendance Policy
Students are required to meet the federal requirements for time on task per the Federal Definition of the Credit
Hour. Students must log in to the course site multiple times each week, and submit all required assignments.
Verification of participation occurs in Week 1 of the course, where students are expected to submit all required
assignments. Failure to do this will result in the students being dropped from the course. Students will be
dropped if they don't complete at least one graded assignment.

Students are expected to attend and participate in all course activities.  Missing more than one class or not
contributing online for more than a week will result in a failing grade for the course. Students are expected to
attend class and actively contribute to the discussions online.  A significant portion of the student’s grade is
based upon this. Students are personally responsible for the material missed as a result of absence from class.
It is the responsibility of each student to understand fully the attendance policies and procedures for every
course in which the student is enrolled.  New England College respects student absences from classes due to
religious observances. In such cases, students are expected to notify their instructors prior to the anticipated
absence. Making up missed assignments is the student’s responsibility.

Students are expected to arrive to class promptly at the scheduled start time. Being tardy for more than one
class will result in the student’s final grade be lowered by one level (A to A-, A- to B+, etc.). Each subsequent
tardy arrival will result in the student’s grade being lowered one additional level.  Students with two unexcused
class absences will receive a failing grade in the course. A final exam or class presentation will be given on the
final day of each class. Students with an unexcused absence on the last class meeting will receive a zero on their
final exam or presentation.

While hybrid classes combine face-to-face class time with an online component delivered through Blackboard,
they are not correspondence or self-paced.  Students must participate (defined as logging in to the Blackboard
classroom and interacting; posting questions, replies, assignments, etc.) in the online portion of class no less
than three times per week. In addition to the weekly face-to-face meetings, all hybrid classes include a
significant online component that is integral to the overall graduate-level course.

Executive Programs & Residency. Due to the Covid-19 pandemic, there will be no face-to-face residency
sessions at the Henniker campus or at any other location during the Spring I, 2022 term. Each student will be
required to attend virtual residency sessions. The virtual schedule for this course will be determined by the LIVE
Residency instructor (this individual may or may not be your course instructor) and will be communicated to all
students via their NEC email addresses. Students must attend the required 8 hours of LIVE Virtual Residency.
Students must have their cameras on in the main session and in breakout rooms, and be actively engaged and
participating. Attendance will be taken at random. Missing any LIVE sessions must be approved by your Program
Director in advance due to extreme circumstances and will require documentation. If approved for a make-up
session, you are REQUIRED to attend. If you miss any residency hours for a single course, and do not meet the
REQUIRED 8 hours of LIVE Virtual Residency, you will automatically FAIL the course for which you did not attend
residency. Work is not considered a valid reason for missing your virtual residency sessions, as your student
role, especially those here on an F1 visa, is your primary role.

Note: Class absences may impact an international student’s visa status, as immigration laws stipulate that F-1
visa students must be in a full-time schedule and must be attending classes.

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Expectations for Online Behavior


NEC requires a learning environment where everyone is respected and feel safe to take the risks necessary for
learning. All online communication must be respectful and constructive. Students who violate these guidelines
will be referred to the Office of Judicial Affairs. Students must review and adhere to NEC’s Netiquette
Guidelines.

In the event a student loses electricity, internet access, or has difficulty accessing learning content, it is the
student’s responsibility to contact the instructor via email or phone as soon as possible.

NEC Academic Integrity Policy: Graduate Programs


The New England College community embraces an Academic Honor Principle. It consists of honesty, trust, and
integrity. Honesty is being true to oneself and others, engendering a culture of trust. Trust builds mutual
respect, fostering a disposition of responsibility and civility. Integrity denotes inner strength of character: doing
what is right and avoiding what is wrong. Students, Faculty, and Staff accept these values as fundamental guides
to our actions, decisions, and behavior.

Academic Dishonesty
Academic dishonesty includes, but is not limited to, the following infractions:

Plagiarism: According to the Council of Writing Program Administrators, “plagiarism occurs when a writer
deliberately uses someone else’s language, ideas, or other original (not common-knowledge) material without
acknowledging its source.”1 Any of these activities constitutes plagiarism: directly copying and pasting from a
source without citation; paraphrasing from a source or sources without citation; turning in a paper, or sections
of a paper, known to be written by someone other than the student; unauthorized multiple submissions of the
same work in more than one course; and turning in a purchased paper.

Misuse or inaccurate citation of sources: It may be possible that a student has carried out a good-faith
attempt to acknowledge others’ work, but has failed to do so accurately or fully. This may include citing sources,
but not including sufficient information or correct formatting of the citation. These are largely not considered
plagiarism, unless the student repeats the misuse of sources after feedback from the faculty. In case of doubt
about how to cite a source, students should ask their instructor.

Plagiarism is a severe event that will lead to penalties that may result in expulsion. Please consult the Academic
Integrity Policy in the NEC Catalog for specific information on procedures regarding this policy.

Misrepresentation: Having someone else do coursework, assignments, papers, quizzes and tests.

Facilitation of Academic Dishonesty: Helping someone else cheat. Examples include: supplying questions
and/or answers to a quiz or examination, allowing someone to copy your homework, doing homework together
without the instructor’s permission, seeking input from others during a take-home or open book test.

Cheating: Deliberate deceptive behavior to avoid work and learning. Examples include, but are not limited to:

1. Communicating with others during an exam or quiz

1
Council of Writing Program Administrators. 2003. Defining and Avoiding Plagiarism: The WPA Statement on Best Practices.
http://wpacouncil.org/files/wpa-plagiarism-statement.pdf

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2. Copying all or part of homework or another’s quiz, exam, or written work


3. Using notes when you are directed not to by the professor, using electronic equipment to look up answers
you don’t know
4. Making up data for research
5. Stealing quizzes or exams prior to their administration
6. Altering or attempting to alter college records
7. Offering a bribe to college personnel in exchange for special treatment or favors

Because academic dishonesty violates academic integrity, it cannot be condoned at NEC.

For further explanation on this topic, please refer to the New England College Academic Catalog.

Credit Hours and Student Work


Regardless of the format (online or hybrid) or the time period in which the course is offered (e.g. fifteen or seven
weeks), the student work expectation for all courses is the same.  One credit represents 45 hours of work over
the course of a term (including lectures, laboratories, recitations, discussion groups, field work, study, etc.),
averaged over each week during the term, in order to complete the work of the course.  In a four-credit course,
the expectation is that there is 180 hours of work. The approximate student learning hours per week for a four-
credit course are as follows: 15 week course = 12 hours per week, 7 week course = 25 hours per week, and a 3
week course = 60 hours per week.

Assignment Calculation Hours


Required Reading 291 pages x 14 hours/100 pages 41
Videos 12 videos at varying lengths 3
Discussion Boards 12 boards, 3 hours per board 36
Homework 12 assignments at 2.5 hours each 30
Problem Set, 1 & 2 4 hours research, 8 hours writing 12
Project 3 hours research, 3 hours writing 6
Residency Live Sessions 8
Self-Directed Research 10
Expected total*:
146(@ 45 hours of
work/credit)
*(4-credit course = 180 total hours, 3-credit course = 135 total hours, 2-credit course = 90 total hours; 1-credit course = 45 total hours). 

Statement on Fair Practices


New England College prohibits discrimination on the basis of race, color, creed or religion, national origin, sex,
sexual orientation, age, marital status, pregnancy, veteran’s status, or disability in regard to treatment, access
to, or employment in its programs and activities, in accordance with federal and state laws and regulations.  In
compliance with the Americans with Disabilities Act (ADA), individuals with disabilities needing accommodation
should contact the Disability Services Office.

New England College’s Sexual Misconduct Policy can be found in the NEC Student Handbook on the NEC
website under Student, Life and Activities. This policy applies to all students, including online students.

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Academic Accommodations
Students who have a Letter of Accommodation from Student Access and Accommodations, must contact their
instructor as soon as possible to provide him or her with the letter and set up accommodations for the course.
The student and instructor will then discuss how to implement the accommodations and address accessibility
for the course. This can be done via email with guidance from Student Access and Accommodations if needed.

Accommodations are designed to provide equal access to the learning environment and instructional materials
and do not alter the fundamental and technical requirements of the course. Accommodations are not
retroactive prior to notice and the letters need to be delivered in time for faculty to make accommodation
arrangements. Note that instructors are under no obligation to make accommodations for students who do not
disclose or notify faculty of a specific accommodation. In situations where several people are involved in
developing accommodations, three weeks prior notice will be required. Student Access and Accommodations is
available to consult with students and faculty regarding accommodations, access, or other concerns related to
disability.

If a student has concerns about access or may have needs related to a disability and has not worked with
Student Access and Accommodations, the first step is to contact the office for an initial confidential consultation
and assessment. Student Access and Accommodations can be reached at 603-428-2302 or via email
access@nec.edu.

More information on class accommodations can be found on the NEC website under Academic Resources.

Assignments and Schedule


The course is divided into fifteen weeks. Due dates for assignments and discussions are stated in day numbers.
Day 1 is Monday, the first day of the beginning of each weekly session.

Day 1 Monday

Day 2 Tuesday

Day 3 Wednesday

Day 4 Thursday

Day 5 Friday

Day 6 Saturday

Day 7 Sunday

Week and Topic Learning Reading and Assignments

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Dates Outcomes
Introduction 1)  Provide Read:
Week 1 to the examples of Chapter 1 (pages 2-26)
Course financing and Chapter 2 (pages 32-52)
January 31st investment
- February Introduction decisions (CO1) Watch:
6th to Finance 2) Describe the Video: Business Finance: Introduction to Financial
responsibilities of Management
Fundamental the CFO, https://www.youtube.com/watch?v=U4LXk5lbTpI
s of treasurer and
Corporate controller. (CO1) Discussion Board:
Finance 3) Explain why 1) Provide an example of the investment and
maximizing financing decisions that financial managers make.  
Financial market value is 2) Please identify and describe one (1) of the financial
Markets and the goal of the markets. 
Institutions corporation.
(CO1)
4) Understand  Initial post due by day four (Thursday) @ 11:59
how financial PM (EST).
markets provide  Respond substantively to two other students'
funding for posts on different days of the week by day seven
corporate (Sunday) @ 11:59 PM (EST).
investment.  Initial post for each question must be between
(CO2) 250-300 words in length, and each peer reply
5) Explain the per question must be between 150-200 words in
functions of length
financial markets
and institutions
(CO2) Confirmation of Attendance:

Please confirm that you have read and understood the


syllabus and agree to its terms. By responding to this
post, you will officially be checking into this course.  To
respond, please click on the blue text to the left
(Confirmation of Attendance) to open it.  You will see a
button labeled Create Thread located at the top left of
screen, type in your name and a sentence stating that
have read, understood, and agree to the terms outlined
in the course syllabus.

Introduction:

Welcome to our class! In 250 words or less, please


introduce yourself to the class and include the following:
1.       Something unique about yourself
2.       What State do you live in?
3.       Why are your pursuing this degree?
4.       What do you find interesting about this

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subject matter?
 
To create a post, please click on the word
"Introductions" above, select "Create Thread", and type
your name in the subject.  Then, add your introduction,
and when ready to post, scroll down and click the
"Submit" button on the lower right.  Once you have
posted your introduction, please welcome two other
students to the course by replying to their introduction
post

Homework:
Chapter 1 Questions & Problems: 1, 2, 3, 4, 5, 6
Chapter 2 Questions & Problems:  1, 2, 3, 4, 5, 6
Due day 7, Sunday 11:59pm EST

Please complete your work in a word document and


upload by day 7, Sunday 11:59pm EST. The answers to
this assignment will be posted in the Course Content
section for Week 1 on day 7, Sunday at 11:59pm EST. 
Week 2 The Time 1) Calculate the Read:
Value of future value of Chapter 5 (pages 118-153)
February 7th Money money given the
- February period of time Watch:
13th Future and interest rate. Video: Time Value of Money (concept explained)
Values (CO3) http://www.youtube.com/watch?v=gkoEAPAW7eg
2) Calculate the
Present present value of Discussion Board:
Values a future 1) Define the time value of money.  Do you believe that
payment. (CO3) the average person considers the time value of money
3) Calculate the when they make investment decisions?  Please explain.
present and
future values of a 2) Distinguish between ordinary annuities and annuities
level stream due.  Also, distinguish between the future value of an
(annuity) of cash annuity and the present value of an annuity.
payments. (CO3)
 Initial post due by day four (Thursday) @ 11:59
PM (EST).
 Respond substantively to two other students'
posts on different days of the week by day seven
(Sunday) @ 11:59 PM (EST).
 Initial post for each question must be between
250-300 words in length, and each peer reply
per question must be between 150-200 words in
length

Homework:

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Revised August 2021

Chapter 1 Questions & Problems:  13, 14, 15,


Chapter 2 Questions & Problems:  17, 18, 19
Chapter 5 Questions & Problems:  1, 2, 3, 5, 9, 10, 11
Due day 7, Sunday 11:59pm EST

Please complete your work in a word document and


upload by day 7, Sunday 11:59pm EST. The answers to
this assignment will be posted in the Course Content
section for Week 2 on day 7, Sunday at 11:59pm EST. 
Net Present 1) Calculate the Read:
Week 3 Value net present value Chapter 8 (pages 238-263)
of a project or an
February Capital investment. Watch:
14th - Budgeting (CO4) Video: Net Present Value (NPV)
February 2) Calculate the http://www.youtube.com/watch?v=HFFkFMfotT0
20th internal rate of
return (IRR) of a Discussion Board:
project or an 1) Identify and describe two (2) incremental cash flows
investment. from a proposed project such as expanding a product
(CO4) line or to launching a new product or service.
3) Calculate the
profitability index  Initial post due by day four (Thursday) @ 11:59
and use it to PM (EST).
choose between  Respond substantively to two other students'
projects when posts on different days of the week by day seven
funds are limited. (Sunday) @ 11:59 PM (EST).
(CO4)  Initial post for each question must be between
4) Identify the 250-300 words in length, and each peer reply
cash flows from a per question must be between 150-200 words in
proposed new length
project. (CO5)
5) Calculate the
cash flows of a Homework:
project from Chapter 5 Questions & Problems: 22, 23, 24, 37, 38
standard financial Chapter 8 Questions & Problems:  1, 2, 3, 4, 5 
statements. Due day 7, Sunday 11:59pm EST
(CO5)
Please complete your work in a word document and
upload by day 7, Sunday 11:59pm EST. The answers to
this assignment will be posted in the Course Content
section for Week 3 on day 7, Sunday at 11:59pm EST. 
Week 4 Net Present 1) Identify the Read:
Value cash flows from a Chapter 9 (pages 274-294)
February proposed new
21st - Cash Flow project. (CO5) Watch:
February Estimation 2) Calculate the Video: Discounted Cash Flow Model
27th for Project cash flows of a http://www.youtube.com/watch?v=7PpWneOBJls
Analysis project from

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standard financial Discussion Board:


statements. 1) Define the payback, net present value, internal rate of
(CO5) return, and profitability index methods.

 Initial post due by day four (Thursday) @ 11:59


PM (EST).
 Respond substantively to two other students'
posts on different days of the week by day seven
(Sunday) @ 11:59 PM (EST).
 Initial post for each question must be between
250-300 words in length, and each peer reply
per question must be between 150-200 words in
length

Homework:
Chapter 8 Questions & Problems:  11, 12 
Chapter 9 Questions & Problems:  1, 2, 3, 5, 6, 7
Due day 7, Sunday 11:59pm EST

Please complete your work in a word document and


upload by day 7, Sunday 11:59pm EST. The answers to
this assignment will be posted in the Course Content
section for Week 4 on day 7, Sunday at 11:59pm EST. 
Problem Set
1 (Exam 1) Chapters 1, 2, 5, 8, 9
Week 5
Problem Set 1 (Exam 1)
February
28th - March Please complete your work in a word document and
6th upload by day 7, Sunday at 11:59pm EST. 

Week 6 1) Describe a
Valuing bonds coupon Read:
March 7th - Bonds rate, current Chapter 6 (pages 166-188)
March 13th yield and yield to
The Bond maturity. (CO6) Watch:
Market 2) Calculate the Video: Introduction to Bonds/Stocks and Bonds/Finance
market price of a & Capital Markets
Interest bond given the http://www.youtube.com/watch?v=Qh-M3_L4xYk
Rates and yield to
Bond Values maturity. (CO6) Discussion Board:
3) Determine a 1) Please explain why bond prices are subject to changes
bonds yield given in interest rates. 
the price of the 2) Describe the characteristics of a bond and provide an
bond. (CO6) example of a firm or government entity that has recently

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Revised August 2021

4) Describe why issued (sold) these securities.


bonds exhibit
interest rate risk.
(CO6)  Initial post due by day four (Thursday) @ 11:59
5) Describe why PM (EST).
investors follow  Respond substantively to two other students'
bond ratings and posts on different days of the week by day seven
demand a higher (Sunday) @ 11:59 PM (EST).
interest rate for  Initial post for each question must be between
bonds with low 250-300 words in length, and each peer reply
ratings. (CO6) per question must be between 150-200 words in
length

Homework:
Chapter 9 Questions & Problems:  15, 17
Chapter 6 Questions & Problems:  1, 2, 3, 5, 6
Due day 7, Sunday 11:59pm EST

Please complete your work in a word document and


upload by day 7, Sunday 11:59pm EST. The answers to
this assignment will be posted in the Course Content
section for Week 6 on day 7, Sunday at 11 :59pm EST. 

Valuing Read:
Stocks 1) Calculate the Chapter 7 (pages 196-229)
Week 7 present value of
Market a stock given the Watch:
March 14th - Values, Book forecast of future Video: Stock Valuation – Constant Growth and Zero
March 20th Values and dividends and Growth
Liquidation stock price. (CO6) http://www.youtube.com/watch?v=DxLMspJKKos
Values 2) Comprehend
the stock trading Discussion Board:
reports. (CO6) 1) Describe the price-earnings ratio.  What can
3) Interpret investors learn from interpreting the results of this ratio?
price/earnings
ratios. (CO6) 2) Select a company that trades common stock on the
4) Use stock NYSE.  Please identify and describe the information that
valuation is included in the stock trading reports for that stock.
formulas to
determine the  Initial post due by day four (Thursday) @ 11:59
expected rate of PM (EST).
return on a  Respond substantively to two other students'
common stock. posts on different days of the week by day seven
(CO6) (Sunday) @ 11:59 PM (EST).
 Initial post for each question must be between
250-300 words in length, and each peer reply

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per question must be between 150-200 words in


length

Homework:
Chapter 6 Questions & Problems:  11, 12, 13
Chapter 7 Questions & Problems:  1, 2, 3, 4, 5, 14
Due day 7, Sunday 11:59pm EST

Please complete your work in a word document and


upload by day 7, Sunday 11:59pm EST. The answers to
this assignment will be posted in the Course Content
section for Week 7 on day 7, Sunday at 11:59pm EST. 
Introduction 1) Estimate the Read:
Week 8 to Risk, opportunity cost Chapter 11 (pages 332-356)
Return, and of capital for an
March 21st - the "average risk" Watch:
March 27th Opportunity project. (CO7) Video: What is the Opportunity Cost of Capital
Cost of 2) Calculate http://www.youtube.com/watch?v=oxsuM-ogXKU
Capital returns and
standard Discussion Board:
deviation of 1) Please describe the meaning of diversification.  How
returns for an does diversification reduce risk for the investor?
individual
common 2) What is the opportunity cost of capital? How can a
stock. (CO7) company measure opportunity cost of capital for project
3) Describe why that is considered to have average risk.  
diversification
reduces risk.  Initial post due by day four (Thursday) @ 11:59
(CO7) PM (EST).
4) Measure and  Respond substantively to two other students'
interpret the posts on different days of the week by day seven
market risk or (Sunday) @ 11:59 PM (EST).
beta of a security.  Initial post for each question must be between
(CO8) 250-300 words in length, and each peer reply
per question must be between 150-200 words in
length

Homework:
Chapter 7 Questions & Problems:  15, 16, 18
Chapter 11 Questions & Problems:  1, 2, 3, 4, 5 
Due day 7, Sunday 11:59pm EST

Please complete your work in a word document and


upload by day 7, Sunday 11:59pm EST. The answers to
this assignment will be posted in the Course Content
section for Week 8 on day 7, Sunday at 11:59pm EST. 

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Risk, Return, 1) Describe why Read:


and Capital diversification Chapter 12 (pages 362-384)
Budgeting reduces risk.
(CO7) Watch:
2) Measure and Video: What is Capital Budgeting?
interpret the http://www.youtube.com/watch?v=oxsuM-ogXKU
market risk or
beta of a security. Discussion Board:
(CO8) 1) How do investors measure the risk of individual
Week 9 3) Relate the common stocks? Please describe one of these methods
market risk of a in detail.
March 28th - security to the
April 3rd rate of return  Initial post due by day four (Thursday) @ 11:59
that investors PM (EST).
demand. (CO8)  Respond substantively to two other students'
posts on different days of the week by day seven
(Sunday) @ 11:59 PM (EST).
 Initial post for each question must be between
250-300 words in length, and each peer reply
per question must be between 150-200 words in
length

Homework:
Chapter 11 Questions & Problems:  10, 12, 13
Chapter 12 Questions & Problems:  1, 2, 3, 4
Due day 7, Sunday 11:59pm EST

Please complete your work in a word document and


upload by day 7, Sunday 11:59pm EST. The answers to
this assignment will be posted in the Course Content
section for Week 9 on day 7, Sunday at 11:59pm EST. 
Week 10 Problem Set Read:
2 (Exam 2) Chapters 6, 7, 11, 12
April 4th -
April 10th Problem Set 2 (Exam 2)

Please complete your work in a word document and


upload by day 7, Sunday at 11:59pm EST. 
The 1) Calculate a Read:
Weighted firm's capital Chapter 13 (pages 392-412)
Week 11 Average Cost structure. (CO8)
of Capital 2) Estimate the Watch:
April 11th - required rates of Video: Weighted Average Cost of Capital
April 17th Measuring return on the http://www.youtube.com/watch?v=46oLXwClvkw
Capital securities issued
Structure by the firm. (CO8) Discussion Board:
3) Calculate the 1) Please describe the weighted average cost of capital. 

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weighted average How do firms use the weighted average cost of capital
cost of capital. for decision making?
(CO8)
4) Use the 2) How are the costs of debt and equity calculated?   
weighted average
cost of capital to  Initial post due by day four (Thursday) @ 11:59
value a business PM (EST).
given forecasts of  Respond substantively to two other students'
its future cash posts on different days of the week by day seven
flows. (CO8) (Sunday) @ 11:59 PM (EST).
 Initial post for each question must be between
250-300 words in length, and each peer reply
per question must be between 150-200 words in
length

Homework:
Chapter 12 Questions & Problems:  8, 9, 10 
Chapter 13 Questions & Problems:  1, 3, 5, 18, 19, 20
Due day 7, Sunday 11:59pm EST

Please complete your work in a word document and


upload by day 7, Sunday 11:59pm EST. The answers to
this assignment will be posted in the Course Content
section for Week 11 on day 7, Sunday at 11:59pm EST. 

Course Project:
Initial Company Selection Due. Post in the forum for
review and approval. Final Project is due Week Thirteen
(13)
Accounting 1) Prepare the Read:
Week 12 and Finance balance sheet Chapter 3 (pages 56-76)
and the income
April 18th - statement. (CO9) Discussion Board:
April 24th 2) Interpret 1) Describe the purpose of the balance sheet and how
information this information is useful to the stakeholders of the
provided on the corporation.
balance sheet,
income 2) Please describe the information presented on the
statement, and statement of cash flows. Why is this information
the statement of important for the stakeholders of a corporation?
cash flows. (CO9)
 Initial post due by day four (Thursday) @ 11:59
PM (EST).
 Respond substantively to two other students'
posts on different days of the week by day seven
(Sunday) @ 11:59 PM (EST).
 Initial post for each question must be between
250-300 words in length, and each peer reply

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per question must be between 150-200 words in


length

Homework:
Chapter 3 Questions & Problems: 3, 4, 8, 9, 14

Due day 7, Sunday 11:59pm EST

Please complete your work in a word document and


upload by day 7, Sunday 11:59pm EST. The answers to
this assignment will be posted in the Course Content
section for Week 12 on day 7, Sunday at 11:59pm EST. 

Week 13 Course Project: The company you have selected for your project
Project and approved by the instructor.
April 25th -
May 1st Please complete your work in a word document and
upload by day 7, Sunday at 11:59pm EST. 

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Week 14 Accounting 1) Calculate and Read:


and Finance interpret key Chapter 3 (pages 56-76)
May 2nd - measures of Chapter 4 (pages 86-110)
May 8th Measuring financial
Corporate performance. Discussion Board:
Performance (CO10) 1) Identify and describe one of the financial measures of
2) Calculate and profitability, liquidity, efficiency, and leverage.
interpret the key
measures of 2) How can an analyst use one of these financial
operating measures to evaluate the financial condition of a
efficiency, corporation?
leverage and
liquidity. (CO10)  Initial post due by day four (Thursday) @ 11:59
PM (EST).
 Respond substantively to two other students'
posts on different days of the week by day seven
(Sunday) @ 11:59 PM (EST).
 Initial post for each question must be between
250-300 words in length, and each peer reply
per question must be between 150-200 words in
length.

Homework:  
Chapter 4 Questions & Problems: 1, 3, 7, 8, 12
Due day 7, Sunday 11:59pm EST

Please complete your work in a word document and


upload by day 7, Sunday 11:59pm EST. The answers to
this assignment will be posted in the Course Content
section for Week 13 on day 7, Sunday at 11:59pm EST. 

Week 15 Measuring 1) Calculate and


Corporate interpret key Read:
May 9th - Performance measures of Chapter 4 (pages 86-110)
May 15th financial
performance. Discussion Board:
(CO10) 1) How do you measure how a public corporation has
2) Calculate and delivered value for its shareholders? Please use the
interpret the key company that you have selected for your project as an
measures of example.
operating
efficiency,  Initial post due by day four (Thursday) @ 11:59
leverage and PM (EST).
liquidity. (CO10)  Respond substantively to two other students'
posts on different days of the week by day seven
(Sunday) @ 11:59 PM (EST).

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 Initial post for each question must be between


250-300 words in length, and each peer reply
per question must be between 150-200 words in
length

Homework:  
Chapter 4 Questions & Problems: 14, 16, 19, 20
Due day 7, Sunday 11:59pm EST

Please complete your work in a word document and


upload by day 7, Sunday 11:59pm EST. The answers to
this assignment will be posted in the Course Content
section for Week 13 on day 7, Sunday at 11:59pm EST. 

Additional Instructor Expectations


 All written work is to be in Word document form and adhere to 7th edition APA style format and
guidelines. Note: No assignments will be accepted for grading in PDF or any other file format.
 The citations in all assignments are to be in-text citations (no footnotes with APA format).
 All submitted assignments must include a title page and the student’s name must be on all submitted
work. Work that is submitted without a student’s name will require revision and resubmission for a
maximum grade of A-.
 Evaluation of your assignments will reflect the extent to which you’ve correctly applied the principles of
grammar, mechanics, punctuation, spelling and effective sentence structure. All written communication
should be proofread carefully prior to submission.
 Work is expected to be at a competent level with the first submission, however, if necessary, students
will be asked to rewrite assignments that do not reflect “graduate level” work. Any assignments that are
returned for rewrite and resubmission may only be granted a maximum grade of B.

Graded Assessments Details

Discussion Board (100 points each /25% of grade)

Students will participate in a Discussion Board forum each week, responding to questions posted by the
instructor. Students will also reply each week to at least two other students.
 The initial post is due by Thursday 11:59 pm EST.
 At least two replies to other students are due by Sunday 11:59 pm EST.
 Posts must be submitted on time according to the instructions above to receive full credit.
 Responding to at least two other students is a requirement.
 Responses to other students should be substantive. Points will not be earned for responses to
classmates that simply state, “I agree” or “Good point.” Responses to classmates must serve to advance

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the conversation. Students may agree or disagree, but all postings must be courteous and respectful
following the NEC Netiquette Guidelines.
 Please remember to add the required length expectations. The following is an example that is used in
many of our Graduate courses for discussion board requirements - adjust as necessary.  As a reminder, if
there are two discussions per week the first discussion is usually due on Thursday and the second is
usually due on Friday:
o The initial post must be between 250-300 words in length and is due by 11:59 pm EST on
Thursday. At least two replies to other students are due by Sunday at 11:59 pm EST.
Responding to at least two other students is a requirement; posts must be submitted on time
and each peer reply per question must be between 150-200 words in length.
 Please add any citation, sources, or evidence required for the discussions.  For example:
o Please cite at least one academic or professional source in your initial post, and, when
appropriate, cite sources in your peer replies.
 Recommended:
o Do not type lengthy posts to the Discussion Board without saving text; work can be lost if the
Internet connection drops or times out.
o Write posts off-line in a word processing software first so that it can be saved and then copy and
paste in to Blackboard. The copy and paste may change the formatting.
o If students prefer to write posts directly on the Discussion Board make sure to click “Save Draft”
often, return to the post and Edit the text to add more content.

Email and Technical Help

NEC College Email


 Institutional communication, including communication with an instructor, student services, administration,
etc. MUST be conducted through the student’s @nec.edu email account. Students must check their NEC
email regularly. The college assumes no responsibility for messages not received because of failure to check
@nec.edu email. NEC email cannot be forwarded to another email account.
 Students can access their NEC email via the direct link to NEC email.
 More information on the NEC email and Information Technology resources can be found on the NEC website
under Information Technology.
 Technical help or resetting password: Email helpdesk@nec.edu or call 603-428-2350.

NEC Registrar’s Office


 registrarsoffice@nec.edu or 603-428-2203
 Transcripts may be ordered through MyNEC. More information on MyNEC and the Registrar’s Office can be
found on the NEC website under Academic Resources.
 For MyNEC PIN resets, type in your case-sensitive Username and click “Forgot PIN”. If you still cannot reset,
contact the Registrar’s Office at the contact information above.

Blackboard Access and Login


 This course uses Blackboard, an online learning management system.
 There are two ways to access Blackboard:
1. Direct link: http://blackboard.nec.edu/

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2. Information on Blackboard and how to log into Blackboard can be found on the NEC website under
Academic Resources.

Blackboard Technical Support


 Blackboard help and video tutorials
 Students can email: helpdesk@nec.edu
 Faculty can email: Faculty Help Form

Browsers and Spell Check


The LMS supports all modern browsers. You must have access to a personal computer and personal access to
the internet. While you may be able to browse your course by using the LMS app, some classroom functions
may not work the same way on your phone or tablet as they would on a computer. Students must have access
to a desktop or laptop to submit academic work.

Blackboard Browser Check: https://help.blackboard.com/Learn/Student/Original/Getting_Started/


Browser_Support/Browser_Checker

Microsoft Office 365 Suite and Support


You are required to post a document of your actual assignments in the LMS, you may not just provide a link. As
an NEC student, you have access to download the MS Office Suite (Word, Excel, PowerPoint, etc.) through Office
365 for free. To download, go to www.office.com and click “Install Office Apps.”

Need support with a Microsoft application like Word or PowerPoint? Find the help you need with any of the
Microsoft Office products at Office Help and Training: http://office.microsoft.com/en-us/support/?CTT=97.

Graduate and Online Academic Support Center (GOASC)


Students are provided with a wide range of academic support services that focus on each student individually
and provide helpful support. The goal is to help students become successful in their education at New England
College. Students are encouraged to reach out to GOASC if they have questions pertaining to their enrollment,
courses, who to contact for specific academic requests, or any other questions you may have.
Email: GOASC@nec.edu

Smarthinking
24/7 Online tutoring and career services available within your Blackboard course.

International Advising
This office assists international students with maintaining international status including, I-20, SEVIS, RFE and
international student internships (CPT).
Email: international@nec.edu

Career & Life Planning


This office assists students with career guidance.
 Email: clp@nec.edu
More information on Career and Life Planning can be found on the NEC website under Student Life and
Activities.

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NEC Library Services (Danforth and Teti Libraries) - accessing the Library Web Page
• To access the NEC Libraries and the main Danforth Library catalogs and databases: NEC Libraries Website
• To access the NEC Institute of Art & Design Teti Library: Teti Library Website
• More information on the NEC Libraries and how to access them can be found on the NEC website under
Academic Resources.
• Search through all of the library’s resources (books, articles, videos and more) using the Library Resources
drop down menu, which can be found on the library’s homepage.
• To find books, click on the Finding Books option, where you will a link to the library’s online catalog, which
allows users to search for both print and e-books, as well as other available materials.
• To find articles and databases, click on the Finding Articles option. This page provides a link to an
alphabetical listing of our journal databases, as well as a drop down menu of databases by subject listing.
Using one of these options, find the database you wish to use and click on the link to access it.
• The Library’s Research Tools/LibGuides tab provides additional help for students in the form of citation and
course guides, as well as information on topics like Academic Integrity and Plagiarism.
• Books and articles that are not immediately accessible through the NEC Libraries can be requested via
Interlibrary Loan. For more information on the Interlibrary Loan resources, click on the Interlibrary Loan tab.

The Distance Services Librarian, Mark Rowland, is available to assist students on weekdays and can be reached
by phone: (603) 428-2352 or by email: mrowland@nec.edu. Reference librarians are also available to help
students in person, by phone at 603-428-2344 or by email: libraryhelp@nec.edu

New England College is a member of both the GMILCS/NHCUC consortiums which allow NEC students to check
out books from several public and academic libraries across the state. To see more information about this
program, or to see if your library participates, please visit the New Hampshire College and University Council
website or GMILCS website.

This syllabus constitutes the agreement between the instructor and student.
Any modifications to this syllabus will be identified during the course.
__________________________________________________________________________________________
© Copyright 2021 by New England College, 98 Bridge Street, Henniker, NH 03242. This course syllabus is published for the sole use of students at New
England College. Any other use is prohibited.

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