MASTER IN BUSINESS ADMINISTRATION PROGRAM
BUS 550
Financial Management
Online
Syllabus
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Table of Contents
Westcliff University Mission Statements .................................................................................................... 3
Welcome to Financial Management – BUS 550 ......................................................................................... 4
Course Description ...................................................................................................................................... 6
Course Learning Outcomes (CLOs) Linked to Program Outcomes ........................................................... 7
CLA Linking Table ..................................................................................................................................... 8
Detailed Description of Each Grading Criteria: .......................................................................................... 9
Rubrics ....................................................................................................................................................... 13
Detailed Course Outline ............................................................................................................................ 18
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Westcliff University Mission Statements
Westcliff University
Westcliff University’s mission is to educate, inspire, and empower students from around the world to
acquire the competencies to excel personally and professionally through innovative, high-quality distance
and campus programs.
College of Business Mission Statement
Westcliff University’s College of Business mission is to deliver a high-quality business education that can
improve the lives of students, personally and professionally. The College’s teaching philosophy is to
vitalize business concepts by offering a curriculum in a pragmatic and relevant framework. Through the
use of innovative teaching methods, students are enabled to enhance their business acumen in an ethical
and socially responsible way.
MBA Program Mission Statement
Westcliff University’s mission for the Master of Business Administration program is to offer a broad
spectrum of core concepts in ancillary fields of business that prepare students to lead people and projects
in an innovative and creative environment, the program enables students to develop and implement
business strategic initiatives in an ethical and professional manner.
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Welcome to Financial Management – BUS 550
Hello Students and Welcome to Class:
I am looking forward to working with each of you as we embark on this journey together. Please feel free
to contact me anytime with questions about the course and the assignments described in this syllabus. I
am also happy to provide additional clarification of any assignment, so please do not hesitate to ask
questions.
I will generally return e-mail messages within 24 hours. Communication between Students and Instructors
is paramount to the overall quality of a course.
Assessing the individual needs of a student will make the difference between a mediocre and successful
experience, therefore each Professor at Westcliff University has a unique and personal instruction style
that focuses on increasing Student knowledge. As an Instructor, I try to foster an open learning
environment that leads to problem solutions through concept application. My goal is to show students the
many different possibilities available through research and study while providing my own professional
insight. It is my sincere desire to assist you in rising to the rigorous challenge presented by this course.
Additionally, if you are unable to participate in class discussion during a particular week, or are unable to
meet a deadline, I require that you contact me in advance to discuss this matter.
Professor: Dr. Ali Saad
Email: alisaad@westcliff.edu
Office Hours: By Appointment only
University Phone Number: 888-491-8686
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Instructor Biography
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Course Description
COURSE NAME Financial Management
CODE BUS 550
UNITS 3
CAMPUS Online
TERM Spring 2019 – Session 4
LENGTH OF CLASS 8 weeks
SESSION START March 04, 2019
SESSION END April 28, 2019
VIRTUAL CLASS SESSION (VCS)
Wednesdays 6:00-8:00 PM
INSTRUCTOR Dr. Ali Saad
CONTACT INFORMATION alisaad@westcliff.edu
COURSE DESCRIPTION This course is an applied financial and managerial accounting course. The course focuses on the principles of financial and managerial accounting used to resolve difficult strategic and operational decisions. The objective of this course is to provide the decision makers with financial and managerial accounting theory, concepts, and tools necessary to make better financial management decisions as well as enable the student to make sound judgments regarding financial analyses performed by others.
REQUIRED TEXT Fundamentals of Corporate Finance, 11th Edition Stephen A. Ross, Massachusetts Institute of Technology Randolph W. Westerfield, University of Southern California Bradford D. Jordan, University of Kentucky ISBN: 978-0-07-786170-4 Copyright year: 2016
METHOD OF INSTRUCTION The course is conducted entirely online. Students interact with each other and with the faculty in an online learning system. Learning will be facilitated through quizzes, discussion questions, professional individual assignments, cooperative learning, and case studies.
SCOPE Student outcomes are measured through professional individual assignments, discussion postings, comprehensive learning assessments, and class participation. This ensures that the scope of this course will be a closed cycle.
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Course Learning Outcomes (CLOs) Linked to Program Outcomes
Learning outcomes are statements that describe significant and essential learning that learners have
achieved, and can reliably demonstrate at the end of the course. Learning outcomes identify what the
learner will know and be able to do by the end of a course – the essential and enduring knowledge, abilities
(skills) and attitudes (values, dispositions) that constitute the integrated learning needed by a graduate of
this course. The learning outcomes for this course summarize what you can expect to learn, and how this
course is tied directly to the educational outcomes of your MBA degree.
Course Learning Outcomes (CLOs)
MBA
Program
Outcomes
(K)
Knowledge
(S) Skill
(A) Attitude
1. Develop an understanding of the accounting and finance vocabulary, terminology, charts, tables, equations, and calculations. Distinguish,
and apply the principles of T-accounts, debits and credits. 1, 2, 3, 9 K, S
2. Analyze, and evaluate a Balance Sheet, Income Statement, and Statement of Cash Flows. Prepare a SWOT (Strengths, Weaknesses,
Opportunities, and Threats) analysis. Compose a “horizontal” and
“vertical” analysis of the balance sheet and income statement of a
publicly traded corporation.
1, 2, 3, 6, 9 K, S
3. Develop a comprehensive understanding of the concept of Time Value of Money (TVM). Calculate, and evaluate Present Value,
Future Value, Net Present Value, Internal Rate of Return (IRR),
Profitability Index (PI), and Coefficient of Variance (CV) as applied
in capital investment projects.
1, 2, 3, 6, 9 K, S
4. Evaluate short term versus long term investment decision, increasing shareholder values.
2, 6, 8 K, S
5. Compile technical and strategic investment principles.
6, 7 K, S, A
6. Determine and evaluate the performance of a well-diversified portfolio.
4, 6, 7, 9 K, S
7. Specify the ethical issues in finance and accounting, as well as related fiduciary responsibilities.
2, 5, 7 K, S, A
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CLA Linking Table
Comprehensive Learning Assessments (CLAs) directly measure Course Learning Outcomes and
indirectly measure MBA Program Outcomes. The following table shows how all those are linked
together.
Comprehensive Learning
Assessments (CLAs)
Course Learning Outcomes
(CLOs)
MBA Program Outcomes
CLA1 (Week 4)
1, 2, 3, 4 1, 2, 3, 6, 8, 9
CLA2 (Week 8)
1, 2, 3, 4, 5, 6, 7 1, 2, 3, 4, 5, 6, 7, 8, 9
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Detailed Description of Each Grading Criteria:
What are Grading Rubrics (Metrics)?
Westcliff University makes use of Grading Rubrics for scoring of grades in many assignments.
Grading or scoring rubrics are used as a tool used to delineate criteria and expectations pertaining to
assignments and to establish an outcome consistency in grading. Typically, rubrics are divided into
components so as to allow for a more direct and precise measurement and interpretation of
assignments. Hence, rubrics are designed to provide guidelines for grading assignments and
represents a systematic appraisal of student-work only from this perspective. The final grading of all
assignments will have a subjective component that typically includes the instructor’s interpretations,
judgments, and any policies pertaining to assignments.
A. Grading Criteria for Class Participation
For students participating in an Online course, students will receive two weekly Participation grades:
(1) Virtual Class Session (VCS) Discussions:
Students will also participate in a two hour Virtual Class Session (VCS) held on weekday evenings
each week. Attendance for the VCS is highly encouraged, but is not required. Students may earn credit
for the Virtual Class Session Discussions in one of two ways:
1. Students who attend the live VCS will receive a grade for their participation throughout
the VCS.
2. Students who opt out of attending the live VCS will be required to watch the posted
recording of the VCS. Students must then turn in a 1 page summary of the topics covered
in the VCS by Sunday at 11:59pm of the same week.
(2) Online Discussion Board Discussions
Each week, students will be assigned 1-3 Discussion Questions. For each Discussion Question,
students must post an answer in the Discussion Board on their course Global Academic Portal (GAP)
by the assigned deadline each week. Students must then post a Peer Response for each Discussion
Question by the deadline that same week. The GAP can be accessed online at gap.westcliff.edu.
You are expected to answer each discussion question critically by using your textbook, LIRN-based
research, and the Internet and actively participate in class. All discussion responses should be at least
1 paragraph in length with significant, rigorous content. Your response should reflect your ability to
conduct research and should include citations. You should also present your analysis and back it up
with specific examples. Responses to other learners' analyses should add substance, request
clarification, provide a different perspective, or challenge the assertions made by providing real or
hypothetical scenarios that the original analysis does not adequately address. It is also good practice
to provide normal, supportive comments. Everyone appreciates this feedback. Remember, the purpose
of course discussions is to stimulate academic debate.
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At the graduate-level, discussion questions can be based on any one (or combination) of the
following resources:
Textbook, current and previous chapter(s)
Other readings
Research (journals, periodicals, and other electronic resources)
Lecture
The University makes a concerted effort to promote a variety of discussion questions that related to
the current course and/or its content as it relates to the field in business in general.
In assigning grades to class discussion, faculty will focus primarily on the quality of your input;
however, it usually takes at least some quantity of participation for us to make that evaluation.
Good case discussions take the group farther than any one individual or study group can go on their
own. However, it takes at least a certain quantity of participation to make that evaluation. Instructors
will develop grades and scores based on the quantity and quality of your contributions.
In general, the instructors’ criteria are:
1. Are points made relevant to the discussion? 2. Do they go beyond a mere recitation of case facts, and are implications clearly drawn? 3. Is there evidence of analysis rather than expression of opinion? 4. Are comments linked to those of others? 5. Did the contribution further the class’ understanding of issues?
Students who neglect to submit their Class Participation responses (either answers to discussion
questions or responses to classmates/faculty) by the stated weekly deadlines will be deducted up to
15% of the online participation points possible for that week. Discussion Boards close on Sunday of
each week at 11:59pm at which time students are no longer able to post responses and receive no credit
for missed posts. Technological issues are not considered valid grounds for late assignment
submission. Students are responsible for printing their own assignments, when necessary. Unless an
‘Incomplete’ grade has been granted, assignments submitted after the last day of class will not be
accepted
B. Grading Criteria for Professional Assignments:
In Weeks 2 and 6 students will write a 3-4 page paper in response to a case study or similar assignment
provided by your professor. Student answers are to be clear, well-organized, and specific. Provide a
concise, cogent argument and include details to support your response.
Please refer to Expectations of Student Assignments and the Formatting Requirements for
Written Assignments on page 10 of the University Policies for a detailing of specific expectations
for how to format and write your paper. Additionally, you may refer to the PA and CLA Grading
Rubric found on page 18 of the University Policies.
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C. Grading Criteria for Quizzes
In Week 7 you will have a quiz. Quizzes will cover the chapters assigned and discussed during the
previous week(s). Your access to the quiz begins on Monday and closes on Sunday at midnight. All
quizzes are strictly closed book.
Some Quizzes will be chosen for proctoring. Please see the Proctored Examination Policy on Pg. 11.
Grading Criteria for Comprehensive Learning Assessments (CLAs):
CLAs are comprehensive assignments that provide evidence of how well students have mastered the
course content and test the students on all the Course Learning Outcomes. CLAs measure student
achievement of CLOs in a way that goes beyond rote memorization and gauges true understanding
and mastery of course content. CLAs can include assignments such as case study analyses, research
papers, and/or student presentations. The answers provided to graduate level CLA’s must
demonstrate a broad view of organizational performance factors from the general management
perspective that demonstrate concepts pertaining to effective leadership and management in the 21st
century globalized business economy. One of the grading criteria requirements is that answers
provided exhibit skills that promote and integrate program outcomes and should include decision-
making, strategic management, creativity and innovation, leadership, problem-solving and real-time
business application. Answers must also demonstrate the student’s ability to research and
demonstrate a graduate writing level.
D. Comprehensive Learning Assessment (CLA 1) In Week 4 students are to write a 8-10 page minimum APA formatted paper in response to a case study
or similar assignment provided by the professor. Students must reference at least six sources beyond
the course materials. Students’ answers are to be clear, well-organized, and specific. Provide a
concise, cogent argument and include details to support your response. CLA 1 focuses on assessing
course foundations and the student’s ability to define and understand its main concepts.
Please refer to Expectations of Student Assignments located on page 16 of the syllabus and the
Formatting Requirements for Written Assignments located on page 17 of the syllabus for a detailing
of specific expectations for how to format and write your paper. Additionally, you may refer to the PA
and CLA Grading Rubric found on page 26 of the syllabus.
E. Comprehensive Learning Assessment (CLA 2)
Written Paper Criteria:
In Week 8 students complete CLA2, which is the logical culmination of the course. Your CLA2
submission (cumulative report) should be a minimum of 12-15 pages in length. The CLA assignments
encompass the learning outcomes for this course and are designed to demonstrate what has been
learning or achieved by the student. CLA 2 measures the student’s competency and mastery of the
course concepts, particularly the application of those concepts.
Please refer to Expectations of Student Assignments and the Formatting Requirements for
Written Assignments on page 10 of the University Policies for a detailing of specific expectations
for how to format and write your paper. Additionally, you may refer to the PA and CLA Grading
Rubric found on page 18 of the University Policies.
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F. Comprehensive Learning Assessment (CLA 2) Presentation CLA2 Presentation Criteria:
In addition to your CLA2 report, please prepare a professional PowerPoint presentation summarizing
your findings for CLA2. The presentation will consist of your major findings, analysis, and
recommendations in a concise presentation of 15 slides (minimum). You should use content from your
CLA2 report as material for your PowerPoint presentation. In addition, you should include learning
outcomes from all your major assignments. This would include PA1, CLA1, PA2, and of course,
CLA2 (unless otherwise specified by your Professor). An agenda, executive summary, and references
slides should also be included. Please keep in mind that the university is moving towards a more digital
footprint for our students. This means that your final CLA2 presentation may be recorded, so that you
may include it in your “e-portfolio” (graduating students should have all of their CLA2 presentations
on a flash-drive, in addition to student biography, resume, interests, etc.) Students will present their
PowerPoint during the last week of class in either the On-Campus Class Session or the online Virtual
Class Session, as determined by the professor. Presentations should not exceed 15 minutes.
Each CLA2 and presentation will become a part of the student’s digital portfolio. Upon completion of
the program, the student’s digital portfolio will demonstrate the student’s mastery of the course and
program learning outcomes.
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Rubrics
GRADING METRICS FOR WEEKLY ONLINE DISCUSSION Exemplary Proficient Needs Progress Unsatisfactory
Points 30 27 24 21 18 15 12 9 6 3 0 Weight of Grade
Answering Discussion
Questions
Student answers or responds
to all questions completely,
demonstrating knowledge
and understanding of key
concepts, ability to think
critically, and has included
original examples in his/her
response. It is required that
the textbook and/or scholarly
research be included to justify
and/or solidify any argument
or reasoning.
Student answers or
responds to all discussion
questions, but lacks some
demonstration of
understanding of key
concepts, or ability to think
critically, or does not
include examples and/or
textbook or scholarly
research.
Student answers or responds
to at least one, but not all
discussion questions, and/or
lacks some demonstration of
understanding of key
concepts, or ability to think
critically, or does not include
examples.
Student fails to answer or
respond to discussion
questions assigned and/or
does not demonstrate
understanding of key
concepts, or ability to think
critically, or does not include
examples.
30%
Points 30 27 24 21 18 15 12 9 6 3 0
Response to
Peers
Student’s responses are well
conceived, offering insight
and original examples.
Student incorporates or
builds off of the ideas of
others and provides analysis
of concepts discussed.
Student responds to
classmates’ postings but a
few responses are not well
conceived, or do not offer
insight, or original
examples. Student might
not incorporate or build off
of the ideas of others in a
meaningful way and may
lack analysis.
Student responds to
classmates’ postings, but
does not meet the minimum
number of responses
required, and some
responses are not well
conceived, or do not offer
insight, or original examples.
Student might not
incorporate or build off of
the ideas of others in a
meaningful way.
Student neglects to respond
to classmates’ postings or
responses are not well
conceived, do not offer
insight, or original examples.
Student does not
incorporate or build off of
the ideas of others.
30%
Points 25 22.5 20 17.5 15 12.5 10 7.5 5 2.5 0
Preparation
Student brings in outside
examples and is able to
examine a problem or
situation from a variety of
perspectives.
Student demonstrates an
understanding of key
concepts, but offers only
some analysis or original
thought.
Student responds to
questions and postings with
verbiage copied directly
from textbook, rather than
in their own words.
Student fails to
demonstrate knowledge or
understanding of the
assigned reading.
25%
Points 15 13.5 12 10.5 9 7.5 6 4.5 3 1.5 0
Accountability Student posts answers and responses on time.
Student is late in posting
and/or responding to
postings, but has a viable
excuse and has notified the
professor in advance.
Student is late posting either
answers or responses. Student fails to post answers
and responses on time. 15%
Total Possible 100%