- Instructor: Dr. Ridha ESGHAIER
- Email: ridha.esghaier@gmail.com
- Pre-requisites:
- Financial Accounting (BCOR 130)
Course Description
This course is a starting point in your financial education, and it is crucial for your future efforts at deepening your understanding of the field. If you are not a banking and finance student, and you do not intend to specialize in the field, this course is still highly important and valuable. It teaches you the very nature of finance and finance-related issues. As a management, marketing, human resources, or research and development manager, you will need to remind yourself that every issue you face will have a financial dimension, and without a basic understanding, your managerial talent could be at risk of being inefficient and wastefu
Course Learning Outcomes
At the end of this course, students should be able to: CLO.1 Analyze the time value of money and apply the principles of loan amortization CLO.2 Estimate cash flows and apply the basic tools of capital budgeting CLO.3 Describe and apply basic equity valuation models CLO.4 Evaluate fixed income securities (Bonds valuation) CLO.5 Describe the determinants of the yield to maturity CLO.6 Estimate bond’s duration and convexity and analyze the bond’s risk and return CLO.7 Apply the fundamentals of financial statements analysis
Course Materials
- CFA Institute Program Curriculum
- CFA Level1: Corporate Finance and Equity
- CFA Level1: Financial Reporting and Analysis
- CFA Level1: Fixed Income and Derivatives
- Additional Materials:
- “Fundamentals of Financial Management”, 10th Edition, Eugene Brigham and Joel Houston, Thompson South Western.
- Students will also receive additional readings on the Course website or by in-class handouts throughout the cours
Course Content
- TIME VALUE OF MONEY
- CAPITAL BUDGETING and ESTIMATION OF CASH FLOWS
- EQUITY VALUATION: THE DISCOUNTED DIVIDEND MODEL
- BONDS : FEATURES AND VALUATION
- DETERMINANTS OF THE YIELD TO MATURITY
- BOND’S CONVEXITY AND DURATION
- ANALYSIS OF FINANCIAL STATEMENTS
TBS Grading Scale
| Scale (out of 100) | TBS Grading Scale | Grade Point |
|---|---|---|
| Grade > 90 | A | 4.0 |
| 87≤ Grade < 90 | A- | 3.7 |
| 83 ≤ Grade < 87 | B+ | 3.3 |
| 80 ≤ Grade < 83 | B | 3.0 |
| 77 ≤ Grade < 80 | B- | 2.7 |
| 73≤ Grade < 77 | C+ | 2.3 |
| 70 ≤ Grade < 73 | C | 2.0 |
| 67 ≤ Grade < 70 | C- | 1.7 |
| 65 ≤ Grade < 67 | D+ | 1.3 |
| 60 ≤ Grade < 65 | D | 1.0 |
| Grade < 60 | F | 0.0 |