California State University, Fullerton
MIHAYLO COLLEGE OF BUSINESS AND ECONOMICS
Department of Finance
FIN 320: Financial Management I
Professor Yuming Li Phone: 657–278–3955 , email: firstname.lastname@example.org
Office: SGMH 5113 http://business.fullerton.edu/finance/yli
Section 15/16 Meetings: W or Th 7pm; SGMH 1313
OFFICE HOURS: 6:30-7pm W Th or by appointment
Using a lecture and discussion teaching format, this course provides a background in the
concepts, processes and institutions in the financing of business enterprises. Topics covered
include: financial statement analysis; interest rates and valuing cash flows (time value of
money); valuing stocks & bonds; investment decision rules and capital budgeting; risk and
return; and cost of capital. Concepts of international corporate finance are integrated throughout
Fundamentals of Corporate Finance, First Custom Edition for CSUF Finance 320, by
Berk, DeMarzo, and Harford. Pearson Custom Publishing (2012) – purchase the new
book package with ‘MyFinanceLab’ (used books will not have the MyFinanceLab
Financial Calculator (Texas Instruments BA II PLUS preferred); Microsoft Excel
Prerequisite: ACCTG 201A
Classes are subject to administrative audit at anytime during the semester. Any unqualified
student will be administratively dropped.
CHANGES TO THE SYLLABUS MAY BE MADE DURING THE TERM – STUDENTS ARE
RESPONSIBLE FOR ATTENDING CLASS AND BEING AWARE OF ANY RELEVANT
1. The main purpose of the degree program at Mihaylo College of Business and Economics
(MCBE) at CSU Fullerton is to provide you with the knowledge and skills that prepare
you for a successful career in business. In order to assist us in achieving this goal, we will
use a number of assessment tools to track your progress throughout the MCBE
curriculum. Please expect to participate in MCBE assessment activities in several of your
courses while at MCBE. As you do so, you will assist us in identifying our program’s
strengths and weaknesses as well as areas for improvement. In other words, you are
making an important investment in the value of your degree.
2. Plus/minus grading will be used in this course. Please remember, that because FIN
320 is a College Core Course, you need a minimum grade of a C to keep from having to
retake the course. You will earn the following grade if your weighted average course
score falls within the following percentiles:
Grade GPA % Range Grade GPA % Range Grade GPA % Range
A+ 4.0 98 – 100% A 4.0 94 – 97.99% A- 3.7 90 – 93.99%
B+ 3.3 88 – 89.99% B 3.0 84 – 87.99% B- 2.7 80 – 83.99%
C+ 2.3 78 – 79.99% C 2.0 74 – 77.99% C- 1.7 70 – 73.99%
D+ 1.3 68 – 69.99% D 1.0 64 – 67.99% D- 0.7 60 – 63.99%
F 0.0 < 60%
Alternatively, a curve may be applied if necessary.
3. Quizzes and Homework: Homework assignments and quizzes are administered through
MyFinanceLab. See instructions at the end of this document to register at
4. Exams: MAKE-UP EXAMS ARE NOT GIVEN. You must take the exams as
The Valuation Test and Comprehensive Final Exam are departmental requirements.
Samples of the Valuation Test and Final Exam are available on the Finance Department
Fin320 webpage at: http://business.fullerton.edu/finance/finance320.htm.
a. Notes are not allowed during the final exam – a formula sheet will be provided.
5. Grades will be allocated as outlined below:
Online via MyFinanceLab:
Homework (5%) & Quizzes (5%) 10%
Valuation Test 15%
Midterm Exams (2 @ 20% each) 40%
Final Exam (cumulative) 35%
6. CSUF Policy on Academic Dishonesty: Academic dishonesty will not be tolerated.
The University Catalog and the Class Schedule provide a detailed description of
Academic Dishonesty under `University Regulations.’ (Or read this link on CSUF’s
policy on Academic Dishonesty.)
7. CSUF Policy on Disabled Students: The University requires students with disabilities to
register within the first week of classes with the Office of Disabled Student Services
(DSS), located in UH-101 and at (657) 278 – 3112 in order to receive prescribed
accommodations and support services appropriate to their disability. Students requesting
accommodations should inform their instructors during the first week of classes about
any disability or special needs that may require specific arrangements/accommodations
related to attending class sessions, completing course assignments, writing papers, or
quizzes, tests or examinations. Click on the links for information about the services
provided by DSS to students and the obligations of faculty to make accommodations for
students registered with the DSS office.
8. Emergency Policies: All students should be aware of what needs to be done in the case of
an emergency, such as an earthquake, a fire, or other disasters, natural or otherwise. Be sure
to look at the CSUF Emergency Preparedness website for critical information about your
Week* Chapter Topic/Assigned Reading Assignments
Week 1 1 Corporate Finance and the Financial Manager i, iii Please see
Week 2 2 Introduction to Financial Statement Analysis ii, iii, last page for
Week 3 3 Time Value of Money: An Introduction Assignments
Week 4 4 Time Value of Money: Valuing Cash Flow Streams
Week 5 5 Interest Rates
Week 6 1–5 MIDTERM EXAM 1 In-Class Exam
Week 7 6 Bonds
Week 8 7 Stocks (Int’l Corp Fin) ii
Week 9 3,4,6,7 Valuation Test Administered through At-Home Exam
8 Investment Decision Rules
Week 10 9 Fundamentals of Capital Budgeting
Week 11 11 Risk and Return in Capital Markets
Week 12 12 Systematic Risk and the Equity Risk Premium,
Week 13 13 The Cost of Capital
Week 14 8-9,11-13 MIDTERM EXAM 2 In-Class Exam
Week 15 Review
Final FINAL EXAM IN CLASS: 7:30-9:20pm in Class
Week The Final Exam is a common exam for the Department of Finance.
*The week of recess such as Spring break or Thanksgiving week is excluded above.
i)-iv)The roman numeral code following most topics indicates coverage of the following business
perspectives: i) Ethical issues; ii) Global issues; iii) Political, social, legal, regulatory, and
environmental issues; and iv) Technological issues.
How to Register and Enroll in Your MyFinanceLab Course
Welcome to MyFinanceLab! Your instructor has set up a MyFinanceLab course for you.
To join your instructor's course, please complete the following two steps:
1. REGISTER for MyFinanceLab, and
2. ENROLL in your instructor's course
To Register for MyFinanceLab
To register, you will need a student access code and a course ID. If you don't have an
access kit, you can purchase access online at http://www.myfinancelab.com.
You will have the choice to purchase access with or without a full Etext. Once enrolled in
your professor's course, you will also have the option to purchase a discounted version of
Textbook: Berk, Fundamentals of Corporate Finance
Course ID: li48203 Course Name: yli2012 - Section 1 (Wednesday)
Course ID: li93153 Course Name: yli2012 - Section 2 (Thursday)
3. Steps to Register:
1. Go to http://www.myfinancelab.com and click the Student button, in the Register section.
2. Enter the course ID, xxxxxxx and click Next.
3. Choose to register an access code (came with your new book) or purchase access if you
don’t have an access kit/code.
4. Click the button to proceed to registration.
5. Follow the instructions to create your account.
6. Click the link to login. You’ll be directed to http://www.myfinancelab.com, where you
can enter the user name and password you just created. Click the login button.
Steps to Enroll in Class:
1. The first time you enter the site you’ll be asked to enter your course ID. Enter your
course ID (for FIN 320): xxxxxxx.
2. Be sure to click on the Browser Check link on the Announcements page or in the upper
right of the screen the first time you login and anytime you use a new computer. This
wizard will walk you through the installation of the software you will need to use the
MyFinanceLab resources (such as Flash).
Note: the software may already be installed in the school lab, so in that case check first
with your lab administrator.
To log into MyFinanceLab after Enrolling
1. Go to http://www.myfinancelab.com
2. Enter the user name and password you just created, and click Log In (or hit the enter
key). If you purchased access, visit the Textbook Resources inside your Instructor's
Course for additional purchase options.
Note: If you are taking two MyFinanceLab courses simultaneously you will need two
separate login accounts.
Need Help? For assistance, please visit http://www.myfinancelab.com/support.