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Business

MG 103: Financial Management


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About

This course introduces the finance function in business through the policies of asset management, short and long term financing. It involves sourcing and uses of funds, financial analysis and control, cash management, capital budgeting and preparation of financial plan for a small and medium scale business. Topics in liquidity and profitability are included.

 

Prerequisites:
·         ENT 23 (Principles of Accounting 1)
·         ENT 24 (Principles of accounting 2)
 
Course Objectives:
At the end of the course, the student should be able to:
  1. Present measures that will enable to evaluate a company’s liquidity, solvency, profitability and understand what they are describing and possible reasons for fluctuations;
  2. Understand the different financial planning techniques as well as cost behaviour patterns and their importance in cost analysis, profit planning and decision-making; and
  3. Harness the entrepreneurial talents of the students by equipping them with the necessary tools in analyzing the financial health of a business (i.e., working capital management, investment and financing decisions).
Value Aims:
  1. The course will be conducted by using the lecture / discussions, oral and written presentations, desk and field research / interview models and other simulation exercises such as business games and case method analysis. In this manner, the students will learn the value of preparedness, cooperation and teamwork.
  2. Based on current events, requirements might be added or change from what is presented in the course outline. In this manner, the student will be challenge to be resourceful.
  3. In the event of unforeseen suspension of classes, the student is responsible for reading the topic at hand (based on the course outline) in order to be prepared upon resumption of regular school days. In this manner, the students will learn individual responsibility.
Communication Strategies and Reinforcements:
  1. Students will be required to be actively involved in oral and written presentations.
  2. Aside from the lecture portions, there will be audio-visual presentations through the use of Overhead Projectors or computer-aided instructions.
  3. Oral and written presentations and case study method will also be incorporated into the teaching technique of the faculty.
  4. Students will also be required to complement the required reading materials by doing researches and participation in seminars or conversations.
  5. A field research will be conducted by the students in order to enhance their knowledge in a “real world” situation.
Methodology:
  • Individual and group researches
  • Interviews
  • Oral Presentations with written reports
  • Active participation in class discussion
  • Quizzes and group work

Requirements:

  • Must actively participate in group presentations, either as Individual and in groups
  • Must submit presentation / reports on scheduled dates
  • Should not exceed more than 5 cuts
  • Must pass quizzes, assignments, activity, graded recitations, long examinations

Allowable Number of Cuts:

Maximum of 7 for a weekday class, any cut in excess of these is automatically given a grade of FA. Tardiness beyond 15 minutes for a weekday class is considered an absence. You are held responsible for keeping track of your cuts!! Do not wait for your professor to update you of this! She won’t!
 
Grading System:

Class Average:

  • Group Case Study/Problem               50% = 35%
  • Mid-term exam                                    25% = 15%
  • Class participation                              15% = 10%
  • (Individual) Quizzes                            10% =   5%          65%
  • Final Examination                                   35%
  • Total                                                      100%
Transmutation Table of Grades:
0 – 49%   = F                                        74 – 78% = 3.0
50 – 55% = 1.0                                     79 – 84% = 3.5
56 – 61% = 1.5                                     85 – 90% = 4.0
62 – 67% = 2.0                                     91 – 95% = 4.5
68 – 73% = 2.5                                     96 – 100% = 5.0
 
References:
  • Financial Management and Policy by David Scott, John Martin, J. William Petty and Arthur Keown
  • Analysis for Financial Management by Robert C. Higgins
  • Business Finance by Nenita D. Mejorada
  • Techniques of Financial Analysis by Erich A. Helfert