FINA70010
Finance Fundamentals
Sheridan
 
  I: Administrative Information   II: Course Details   III: Topical Outline(s)  Printable Version
 

Land Acknowledgement

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Section I: Administrative Information
  Total hours: 42.0
Credit Value: 3.0
Credit Value Notes: N/A
Effective: Fall 2018
Prerequisites: N/A
Corequisites: N/A
Equivalents: N/A
Pre/Co/Equiv Notes: N/A

Program(s): Business
Program Coordinator(s): N/A
Course Leader or Contact: N/A
Version: 20180904_00
Status: Approved (APPR)

Section I Notes: This course is offered in a classroom version and an online version. In the classroom version, there are three hours per week of classroom instruction. The online version is a web-based course offered entirely online through Sheridan College. Students taking this course will need reliable access to the internet, and should have a basic level of comfort using computers as well as the self- discipline to study online. Students can expect to spend an additional three hours per week for online activities such as postings, discussions, and homework.

 
 
Section II: Course Details

Detailed Description
Learn basic financial concepts and theories, which enable you to better understand financial decisions facing individuals and modern business organizations. The course emphasizes the practical application of financial concepts including personal finance issues, awareness of how the stock market operates, the financial operations of a business, and analysis of financial statements through use of ratio analysis. You are also introduced to the evaluation of personal financial performance, and the overall financial management of a company.

Program Context

 
Business Program Coordinator(s): N/A
This is a core course in the Business Sheridan Certificate program offered through the Faculty of Continuing and Professional Studies.


Course Critical Performance and Learning Outcomes

  Critical Performance:
By the end of this course, students will be able to apply the core concepts of finance, time value of money, diversification, and the risk/return relationship.
 
Learning Outcomes:

To achieve the critical performance, students will have demonstrated the ability to:

  1. Compare the advantages and disadvantages of the three major types of business organizations.
  2. Describe the role of the Financial Manager with reference to the types of decisions he/she makes in the management and control of a corporation.
  3. Describe the roles of financial institutions with specific reference to chartered banks, investment dealers, life insurance companies and investment firms.
  4. Describe the advantages and disadvantages of debt versus equity capital, with respect to the corporation and to the investor.
  5. Contrast the objectives of the suppliers and users of investment capital and the types of financial instruments used to fulfill them.
  6. Describe the major risks related to investing in the securities market (including interest rates, inflation, exchange rates).
  7. Explain how the use of personal financial statements can be used in developing a successful money management plan.
  8. Describe the different types of credit available to the consumer and list the advantages and disadvantages of each.
  9. Explain how an individual or a corporation can use insurance for risk management.
  10. Outline how to read and interpret financial statements and why they are important to investors, creditors and management.
  11. Evaluate corporate performance and creditworthiness through the use of financial ratio analysis and industry comparisons.
  12. Apply the concepts of Time Value of Money and Risk/Return.

Evaluation Plan
Students demonstrate their learning in the following ways:

 Evaluation Plan: ONLINE
 Tests (3 @ 20%) Online60.0%
 Stock Report (Group report)20.0%
 Assignment10.0%
 Online Discussions10.0%
Total100.0%

Evaluation Notes and Academic Missed Work Procedure:
Tests in the online course are administered online.

Provincial Context
The course meets the following Ministry of Colleges and Universities requirements:


 

Essential Employability Skills
Essential Employability Skills emphasized in the course:

  • Communication Skills - Communicate clearly, concisely and correctly in the written, spoken, visual form that fulfills the purpose and meets the needs of the audience.

Prior Learning Assessment and Recognition
PLAR Contact (if course is PLAR-eligible) - Office of the Registrar
Students may apply to receive credit by demonstrating achievement of the course learning outcomes through previous relevant work/life experience, service, self-study and training on the job. This course is eligible for challenge through the following method(s):

  • Challenge Exam
    Notes:  

 
 
Section III: Topical Outline
Some details of this outline may change as a result of circumstances such as weather cancellations, College and student activities, and class timetabling.
Instruction Mode: Online
Professor: Multiple Professors
Resource(s):
 TypeDescription
RequiredTextbookFinance custom edition for Sheridan College, Madura, Pearson, ISBN 9781323855997

Applicable student group(s): Faculty of Continuing and Professional Studies Online students .
Course Details:

Module 1: Online Orientation & Introduction to Finance
Learning Outcomes covered: #1 & 2

Week One
- the role of financial management
- main areas of study: personal finance, investment finance, corporate finance
- business organizations

Module 2: Personal Finance
Learning Outcomes covered #3,#4, #7,#8,#9, 12

Weeks 2-5
- purpose and process of financial planning
- personal financial statements
- cash/debt management
- time value of money (applications, such as leasing vs. financing)
- risk management insurance

Evaluation:
Assignment due in week 5(value = 10% of the final grade)
Test #1 in week 6 (value = 20% of the final grade)

Module 3: Investment Fundamentals
Learning Outcomes covered #4,#5,#6,#9,#10,#11

Weeks 6-10
- the investment objectives: safety, income and growth
- the impact of market risk on future planning
- investing in stocks/bonds
- review of financial statements
- financial statement analysis
- managing risk

Evaluation: Test #2 in week 10 (value = 20% of the final grade)
           
Module 4: Corporate Finance
Learning Outcomes covered: #2,#4,#5,#9,#11

Weeks 11-14
- overview of the corporate finance function
- treasury management (such as estimating cash needs)
- debt/equity financing
- risk management

Evaluation: Stock Report project due in week 12(value = 20% of the final grade)

Test #3 in week 14 (value = 20% of the final grade)
In the online class, activities worth 10% of the final grade) will be assigned throughout the term



Sheridan Policies

It is recommended that students read the following policies in relation to course outlines:

  • Academic Integrity
  • Copyright
  • Intellectual Property
  • Respectful Behaviour
  • Accessible Learning
All Sheridan policies can be viewed on the Sheridan policy website.

Appropriate use of generative Artificial Intelligence tools: In alignment with Sheridan's Academic Integrity Policy, students should consult with their professors and/or refer to evaluation instructions regarding the appropriate use, or prohibition, of generative Artificial Intelligence (AI) tools for coursework. Turnitin AI detection software may be used by faculty members to screen assignment submissions or exams for unauthorized use of artificial intelligence.

Course Outline Changes: The information contained in this Course Outline including but not limited to faculty and program information and course description is subject to change without notice. Nothing in this Course Outline should be viewed as a representation, offer and/or warranty. Students are responsible for reading the Important Notice and Disclaimer which applies to Programs and Courses.


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