FINA 3000: Financial Management

Spring 2023 Syllabus

TTH 9:35 am -10:50 am; Ivester E001
TTH 11:10 am – 12:25 pm; Ivester E001

I will be academically honest in all of my academic work

and will not tolerate academic dishonesty of others."

— UGA Student Honor Code

http://www.uga.edu/honesty/

Instructor: Dr. Chris Pope

Office: Amos Hall, Room 361
Preferred Contact: cpope@terry.uga.edu
Office Hours: Monday and Wednesday 11:15 AM – 12:15 PM (Amos Hall, 361)
TA Office Hours: TBA on Class ELC Page

The course syllabus is a general plan for the course; deviations announced to the class
announced by the instructor may be necessary

Master Syllabus Elements:

a) FINA 3000: Financial Management

b) Course Description: The basic concepts and analytical tools of finance in both corporate finance
and investments. Topics include risk and return, financial institutions, efficient markets, valuation theory,
capital budgeting, portfolio theory, cost of capital, and international finance.

c) Prerequisites, corequisites, and cross-listings for the course:

ACCT 2101 and (MIST 2090 or CSCI 1100-1100L)

d) Course objectives or expected learning outcomes:

The goal is for finance majors to have a strong foundation for their major courses, and for non-finance
majors, the goal is to develop a set of finance tools that will be useful in future employment and daily life.

e) Topical outline:
1. Interpreting & Forecasting Financial Statements
2. Time Value of Money
3. Capital Budgeting
4. Priniciples of Asset Valuation
5. Overview of Risk Managment
6. Hedging, Insuring, & Diversifying
7. Risk & Reward
8. Forward & Future Prices
9. Options & Contingent Claims
10. Corporate Finance: Financing Decisions

Specific Course Information:

a) Course Delivery – The course will be taught using the face to face format. For class time, we will use
synchronous teaching to discuss current events, elaborate on lecture material, and work HW problems to
enforce course concepts. The delivery method may change as need warrants.
b) Instructional Method: Course content will be available through the eLC framework. Class time will be
devoted to lectures on key concepts, worked problems, and current events in the finance world. Office
hours will be held by the graduate assistants and the professor.

c) Principal course assignments –

The field of finance is very broad, covering investments, corporate financial policy, security markets,
banking and other intermediaries, the role of government and the international sector, and personal finance.
In FINA 3000, we survey several of these key components of the financial system. The goal is for finance
majors to have a strong background for their major courses, and for non-finance majors, the goal is to
develop a set of finance tools that will be useful in future employment and daily life.

COURSE SCHEDULE FOR FALL 2021:

Tentative Course Outline:

Date Day Readings for Caspian Sea Readings for Financial
Topic/Chapter
(OPTIONAL) Management Text
1/10 TU Syllabus and Introduction to Finance Ch. 1
1/12 TH Chapter 1: The Story
Guiding Principles of Finance Story 2: Bensen’s Office Ch. 2
1/17 TU Basics of Financial Statements Chapter 2: Time Value
Financial Ratio Analysis Story 3: You Can Be Hero Ch. 3
1/19 TH Time Value of Money Part I Chapter 3: Time Value II
Time Value of Money Part II Story 4: Sinister Grin Ch. 4
1/24 TU Time Value of Money Part II Continued Chapter 4: Fin Statement
Time Value of Money Part III Story 5: The Girl
1/26 TH Time Value of Money Part III continued Chapter 5: Stat. of Cash Fl
Time Value of Money Part IV Story 6: Research and Deve
1/31 TU Advanced Time Value of Money
Bonds Part I
2/2 TH Bonds Part II Chapter 6: Bonds
Stock Pricing Part I Story 7: Cup of Coffee
2/7 TU Stock Pricing Part II Chapter 7: Stocks
2/9 TH Historical Risk and Return Chapter 11: Risk
Story 8: A Note
2/14 TU Risk and Return Part 1 Story 9: Molly Tells Truth Ch. 5
2/16 TH Risk and Return Part II Story 10: Special Agent
2/21 TU CAPM Ch. 6
2/23 TH TEST 1 REVIEW Ch. 7
2/27 M TEST 1 7 PM
2/28 TU NO CLASS…TEST COMPENSATION Ch. 8
3/2 TH Investment Decision Rules, Part 1
3/7 TU SPRING BREAK
3/9 TH SPRING BREAK
3/14 TU Investment Decision Rules, Part II
3/16 TH Valuation Part 1 Chapter 8: Cap Budgeting Ch. 6
3/21 TU Valuation Continued
Capital Budgeting Part 1 Chapter 9: Cap Budgeting II Ch. 9
3/23 TH Capital Budgeting Part II
Capital Budgeting Part III Ch. 10
3/28 TU Capital Budgeting Part IV
Catchup
3/30 TH Problems and Review
Project Economics
4/4 TU NO CLASS…TEST COMPENSATION
4/6 TH WACC Part I
4/11 TU WACC Part II
Capital Structure
4/13 TH International Finance
Personal Finance
4/18 TU TEST 2 REVIEW
4/19 W TEST 2
4/20 TH NO CLASS…TEST COMPENSATION
4/25 TU EXAM REVIEW PART 1
 4/27 TH EXAM REVIEW PART 2
5/2 TU OFFICE HOURS DAY
5/8 M FINAL EXAM, 7 pm- 10 pm (Location TBA)

i) Specific course requirements for grading purposes:

TESTS AND FINAL:

Each in-class test and the final will be a multiple choice test. Though tests will not be cumulative in nature,
an understanding of the main topics of the previous sections will typically be critical to understanding the
current material. Under OPTION 1, each of the two in class tests is worth 150 points with no drops
allowed. The final exam would not count towards the grade. Under OPTION 2, each test is worth 150
points and the top score counts toward the final grade. The final exam is cumulative and counts as 150
points. THE FINAL IS OPTIONAL. HOWEVER, IF YOU TAKE THE FINAL, IT WILL COUNT
TOWARDS YOUR GRADE!!!!!! The grade cutoffs may be lowered to curve overall grades. The cutoffs
for each grade will NOT increase.

ONLINE HOMEWORK SETS:

150 points out of the total 450 will come from assignments on the CSePUB website (see back of syllabus
for registration information). Every week there will be a homework set to complete that follows course
material. The software will help you identify your weaknesses and help you solve problems correctly. The
goal is to allow you to improve your knowledge before test day. There will be 12 assignments during the
semester. The homework allows for unlimited attempts at each problem. However, your maximum score
will begin to drop on a problem after the first attempt so prepare before you begin a homework set. You
will be able to drop your lowest HW score.

HOMEWORK DUE DATES:

HOMEWORK ASSIGNMENT: DUE DATE: TIME DUE:

HW #1: Financial Ratios January 25th 11:59 PM
HW #2: Time Value of Money Part I February 3rd 11:59 PM
HW #3: Time Value of Money Part II February 9th 11:59 PM
HW #4: Bonds Feburary 16th 11:59 PM
HW #5: Stocks February 27th 6:59 PM
HW #6: Risk and Return February 27th 6:59 PM
HW #7: CAPM March 19th 11:59 PM
HW #8: Project Decision Rules March 26th 11:59 PM
HW #9: Valuation April 2nd 11:59 PM
HW #10: Capital Budgeting Part I April 9th 11:59 PM
HW #11: Capital Budgeting Part II April 19th 6:59 PM
HW #12: Cost of Capital April 19th 6:59 PM

**NOTE: HW #5,6,11, and 12 are due on test days so the assignments are due before the test starts!
j) Grading policy
The final grade will be based on the total points earned on the material listed above, weighted as indicated.
All students will be ranked by points earned and the final grade will be based on that ranking. Without any
curves, the grades will be distributed as follows:

OPTION I OPTION II
Tests (2 worth 150 points 300 points Tests (Best 1 of 2, 150 points 150 points
each) each)
CSePUB HW 150 points CSePUB HW 150 points
Final Exam (exempt) 0 points Final Exam 150 points
450 points 450 points
Points Required for Each
Grade
A 418 points C+ 344 points
A- 402 points C 328 points
B+ 389 points C- 308 points
B 374 points D 258 points
B- 358 points

The instructor will not raise the points required for any grade level. However, the instructor reserves the
right to move cutoffs down for various grades to get a normal distribution of final grades. This means that
some grade cutoffs may be reduced more than others.

Withdrawal Policy:
Students may withdraw from a course for any reason. The withdrawal period lasts from the day after drop
and add until the withdrawal deadline. The exact dates for withdrawal can be seen on the parts of term
page, https://reg.uga.edu/general-information/calendars/2021-2022/. Once a withdrawal is
processed for a course, the grade of W will be automatically assigned.

Testing Policy:
Students who have accommodations registered with the DRC (Disability Resource Center) must take their
tests at the DRC. It is the responsibility of the student to get all paperwork to the professor prior to the first
test. It is the responsibility of the student to sign up for a test time at the DRC in a timely fashion. Extra
time accommodations will not be provided in the classroom.

k) Attendance Policy
Attendance may be taken randomly a few times this semester. If you are here when we take attendance,
you will get the full attendance points. If not or if attending class at wrong time, you will not. The
material in class builds from the first week, so missing class is not a good idea.

l) Required course material

• Course Bundle from CSePUB: Contents of the bundle include:

(1) Caspian Sea Drinks: A Narrative Introduction to Corporate Finance

(2) Introduction to Financial Management (e-text)
(3) Online Course Homework

• Financial or programmable calculator

m) Policy for make-up of examinations

There will be NO MAKEUP TESTS FOR ANY REASON. The weight from a missed test will be
transferred to the final exam PROVIDING the absence is due to a serious illness, a family emergency or
SOME university-sponsored events. If you expect to miss an exam for an approved reason, let me know as
soon as possible prior to the exam. You must provide me with a formal written note regarding the situation
– preferably before the exam – plus a phone call or note from a physician or other relevant person within
one week following the missed exam.
Instructor: Dr. Chris Pope
Office: Amos Hall, Room 361
Preferred Contact: cpope@terry.uga.edu
Office Hours: Monday and Wednesday 11:15 AM – 12:15 PM (Amos Hall, 361)
TA Office Hours: TBA on Class ELC Page

Communication and Website

Students are welcome to stop by my office during office hours or by appointment. I also respond to e-mail
questions as quickly as possible. We have an eLC website for the course. The website will include the
powerpoint slides that accompany the lectures, important notices, answers to problems discussed in class,
and identification of materials of interest to the class. You are responsible for all information announced in
class or posted on the website, including changes to the course syllabus and schedule.
The class webpage can be found at : http://elc.uga.edu

Frequently Asked Questions for FINA 3000

1. Should I read the book? Answer: Yes. Some may want to read chapters more than once.
2. Will this be on the test? Answer: Anything in the readings, assigned articles, class notes, and
assigned homework is FAIR game for the test.
3. Do you curve grades? Answer: It depends. I will sometimes adjust cutoffs for certain grades to get
a good distribution. I will never make it harder to get a grade.
4. Can I do extra credit to lift my grade? Answer: No. Sorry but we have 900 students, and anything
I offer to one, I have to offer to all.
5. Can I get your notes? Answer: No. There are some outlets around campus that you can buy notes
from. Come to class and save money.
6. Is the real test like the practice test? Answer: Yes and no. It will be similar difficulty but the test
questions will be different. Knowing the practice test does not mean you know the material…..
7. Can I have a make-up test? Answer: No. I am open to letting you take a test early but it won’t be
what the rest of the class gets. (if you have a University related excuse).
8. If I take the final, can it hurt my grade? Answer: Yes. It will count.
9. The test was different or harder than the HW. Answer: When you work the HW, you need to
understand the how but also the why in the solution.

INSTRUCTIONS FOR ACCESSING COURSE MATERIALS:

You can access in one click with the following link:

https://www.csepub.com/store/add/027ca792

Click checkout and complete your purchase. Make sure you enter your UGA 810# where
directed.

CORONAVIRUS INFORMATION FOR STUDENTS FOR SPRING 2022 CLASSES

For the latest on UGA policy, you can visit coronavirus.uga.edu

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services.
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