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TERM:2021-22 Winter
COURSE NUMBER: BUSI 371
COURSE TITLE: Intermediate Finance
NAME OF INSTRUCTOR: Ralph Troschke
CREDIT WEIGHT AND WEEKLY TIME DISTRIBUTION: credits 3 (hrs lect 3 - hrs sem 0 - hrs lab 1)
CALENDAR DESCRIPTION: Examines financial and investment decisions from the corporation's perspective. The financial markets, the trade-off between risk and return, the firm's cost of capital, capital budgeting decisions, the firm's working capital management decisions and the derivatives markets are integral to the valuation of financial assets.

Prerequisites: BUSI 370
REQUIRED TEXTS:
  • Ross, Westerfield, Jordan & Roberts, Fundamentals of Corporate Finance with Connect with SmartBook COMBO Paperback. 10h Canadian ISBN: 9781260305869, Mandatory, Essential to Pass the Course
  • Calculator: Texas Instrument BA11, Business Analyst version Mandatory
MARK DISTRIBUTION IN PERCENT:
Midterm (2) 40%
Assignments (4)20%
Final Examination 40%
100%
COURSE OBJECTIVES: 1.    Describe the purpose and role of financial management.
2.    Describe the objectives and goals of financial planning.
3.    Calculate the return on an investment.
4.    Discuss the implications of market efficiency.
5.    Calculate expected returns and standard deviations of individual and portfolio investments.
6.    Describe systematic and unsystematic risk.
7.    Determine a firm’s cost of capital.
8.    Describe the ways in which one can raise capital (e.g. venture capital, public offerings, rights, and long term debt).
9.    Determine optimal capital structure.
10.    Describe the types of dividends and how dividends are issued.
11.    Describe operating and cash cycles.
12.    Describe cash management including floats, collections, disbursement and investment of idle cash.
13.    Describe how firms manage receivables and credit policies.
14.    Determine the cost of carrying inventory and optimal levels. 
COURSE OUTLINE:
  • Course Outline & Introductions
  • The Christian Perspective
  • Financial Planning
  • Capital Markets    
  • Risk, Retrun and SML
  • Cost of Capital
  • Raising Capital
  • Capital Structure Policy
  • Dividend Policy
  • Short Term Financing
  • Liquidity Management
  • Credit & Inventory Mgmt

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