This document provides information about the ECON/FINA 365 Finance course for Fall 2016 taught by Dr. T. Shawn Strother. It includes details about the instructor's contact information, office hours, course sections, objectives, description, textbook, calculators, websites, attendance policy, exams, grading policy, and academic integrity policy. The course is a survey of various U.S. financial markets and institutions and how they operate. Assessment will include exams, quizzes, a group project, and using the Bloomberg terminals. Students are responsible for attending class and completing all assignments by the due dates.
This document provides information about the ECON/FINA 365 Finance course for Fall 2016 taught by Dr. T. Shawn Strother. It includes details about the instructor's contact information, office hours, course sections, objectives, description, textbook, calculators, websites, attendance policy, exams, grading policy, and academic integrity policy. The course is a survey of various U.S. financial markets and institutions and how they operate. Assessment will include exams, quizzes, a group project, and using the Bloomberg terminals. Students are responsible for attending class and completing all assignments by the due dates.
This document provides information about the ECON/FINA 365 Finance course for Fall 2016 taught by Dr. T. Shawn Strother. It includes details about the instructor's contact information, office hours, course sections, objectives, description, textbook, calculators, websites, attendance policy, exams, grading policy, and academic integrity policy. The course is a survey of various U.S. financial markets and institutions and how they operate. Assessment will include exams, quizzes, a group project, and using the Bloomberg terminals. Students are responsible for attending class and completing all assignments by the due dates.
This document provides information about the ECON/FINA 365 Finance course for Fall 2016 taught by Dr. T. Shawn Strother. It includes details about the instructor's contact information, office hours, course sections, objectives, description, textbook, calculators, websites, attendance policy, exams, grading policy, and academic integrity policy. The course is a survey of various U.S. financial markets and institutions and how they operate. Assessment will include exams, quizzes, a group project, and using the Bloomberg terminals. Students are responsible for attending class and completing all assignments by the due dates.
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ECON/FINA 365 FINANCE FALL 2016
INSTRUCTOR:Dr. T. Shawn Strother, CFA
OFFICE: CBA 243 PHONE: 472-2329 OFFICE HOURS: MW 12:00pm-2:30pm, or by Appointment EMAIL: [email protected] SECTIONS: 002: 3:30pm-4:45pm, TR, CBA 104 003: 12:30pm-1:45pm, TR, BURN 120 004: 5:00pm-6:15pm, TR, CBA 128 COURSE OBJECTIVE: Various institutions which collectively constitute the USA financial system and their origin and development. Analysis of the supply and demand for funds and characteristics of the main financial markets. The determination of the price of credit and the term structure of interest rates. COURSE DESCRIPTION: FINA365/ECON365 is a survey course on various markets/institutions that collectively constitute the U.S. financial system. We will discuss the purpose and micro-mechanics of the financial system. At the end of the course, students are expected to develop an understanding for the followings: Depository Institutions (commercial banks, saving banks and credit unions) Monetary Policy Non-Depository Institutions (insurance companies, investment companies and pension funds) Risks of Financial Institutions Interest Rate Risk Individual Loan Risk Credit Risk & Analysis Liquidity Risk & Market Risk Capital Adequacy Loan Sales TEXT: Financial Institutions Management: A Risk Management Approach, 8/e, Saunders & Cornett, 2014 TWITTER (https://twitter.com) You MUST subscribe to my Twitter feed for articles relevant to the course and finance in general. @DrShawnStrother FINANCE Websites of Interest http://www.imf.org/external/ns/cs.aspx?id=352 (IMF Publications on Islamic Finance) http://www.bis.org/ (Bank for International Settlements) http://www.federalreserve.gov/ http://www.treasury.gov/Pages/default.aspx http://www.worldbank.org/ http://www.ssrn.com/en/ (Social Science Research Network) https://www.fdic.gov/ http://www.occ.gov/ (Office of the Comptroller of the Currency) http://www.nber.org/ (the National Bureau of Economic Research) http://www.imf.org/external/ (International Monetary Fund) http://www.sec.gov/ (Securities and Exchange Commission) http://www.cepr.org/content/discussion-papers http://nyserules.nyse.com/
ECON/FINA 365 FINANCE FALL 2016
FINANCIAL CALCULATOR: Texas Instruments BAII-Plus is required for the course and it is the only calculator allowed in tests. PollEverywhere We will be using the Poll Everywhere Wi-Fi enabled in class quiz system to reinforce important concepts. All you need is a Wi-Fi enabled device like a smartphone or laptop to participate and answer the questions. BLACKBOARD: All of my announcements will be sent to your email address listed on Blackboard. It is your responsibility to make sure that Blackboard has the email address that you use. After you log into Blackboard go to Personal Information, and click Edit Personal Information. This is where you update your email address information. UNIVERSITY POLICY: It is the policy of the University of Nebraska-Lincoln not to discriminate on the basis of sex, sexual orientation, handicap, race, color, religion and national or ethnic origin in its educational programs. The faculty of the College of Business Administration strongly supports this policy. If you feel that some form of discrimination has been directed at you, contact me or the Department Chair. STUDENTS with DISABILITIES are encouraged to contact the instructor for a confidential discussion of their individual needs for academic accommodation. It is the policy of the University of Nebraska-Lincoln to provide flexible and individualized accommodation to students with documented disabilities that may affect their ability to fully participate in course activities or to meet course requirements. To receive accommodation services, students must be registered with the Services for Students with Disabilities (SSD) office, 132 Canfield Administration, 472-3787 voice or TTY. PREREQUISITES: ACCT 201; ECON 210 or 211; FINA 361 Graduating seniors receive priority. The College will drop you from the course if you fail to meet the requirements for this course. If you are incorrectly dropped from the course, go to the Undergraduate Advising Office. POWERPOINT: I will make PowerPoint slides available on Blackboard. You will find them to be helpful, but they are not a substitute for attending lectures, reading the book, and working problems. The PowerPoint slides will help to organize course material and your study preparation. ATTENDANCE: You are responsible for all material presented in lecture and recitation. Some of the material that is presented in class is not in the textbook. Many homework assignments and other important announcements are made in class. It is important that you use class time wisely. Remember that coming to class late or leaving early distracts other students, you should do so only in an emergency. If you miss a class, you should arrange to get the material you missed form another student. I will not use time during my office hours to go over material I covered in class. I will attempt to make the course as interesting as possible, but you must do your part. You must read the text, do the problems, and address any confusing material. Reading the material before class and completing the homework assignments as we go along makes the class time much more interesting. Coming to class, paying attention, and getting help from me is your responsibility. EXAMS: There are three exams. Examination dates are in the class schedule at the end of this syllabus. The exams are based on the material presented in class, the assigned text, and articles. All students, including seniors, must take the final at the scheduled time. TYPE OF EXAMS: 2
ECON/FINA 365 FINANCE FALL 2016
The exams mostly consist of multiple-choice computational problems. I try very hard to design exam problems that are similar to, but not copies of, assigned homework problems and problems completed in class. It has been my experience that students who are diligent about completing the homework problems are more likely to perform well on the examinations. However, as there is a good amount of detailed descriptive material, some students do find the material challenging. MAKE-UP EXAMS: Students must take exams and quizzes at the scheduled times. If you have a university acceptable reason to miss an exam, you must inform me prior to the examination. QUIZZES Experience shows that the biggest hurdle students face in this class is that they wait until an exam to study. In a class that is both analytical and quantitative, this is often an irreversible mistake. Keep up with the homework in the chapters. Many of the problems are answered in the Appendix, and I have posted solutions to all of the problems in the textbook on Blackboard. We will have in-class response problems/questions and online quizzes testing your understanding of the chapter learning outcomes. Online Quizzes MUST be completed by the due date, there are NO extensions. You CANNOT make up in-class response questions. Bring your Wi-Fi enabled device to EVERY class meeting! GROUP PROJECTS/PRESENTATION There are three short GROUP writing assignments. Each group has 4 students when possible. I assign the groups. ASSESSMENT: First Exam Second Exam Cumulative Final Exam Bloomberg In-class iClicker problems/quizzes/Pre-test Group Paper 1 Group Paper 2 (& 3-2-1 Feedback) (12%+3%)
15% 15% 20% 10% 15% 10% 15%
Bloomberg Market Concepts (BMC)
Two Bloomberg Terminals are located in the COE lab. Ten Terminals are in classroom CBA 33/38, but are only available when there is no class in session. The Bloomberg Terminals have Bloomberg physically written on the bottom of the monitor. Also, the keyboard has a row of color coded keys. GRADING POLICY: Points Grade 97-100 A+ 93-96.9 A 90-92.9 A87-89.9 B+ 83-86.9 B 80-82.9 B77-79.9 C+ 73-76.9 C 70-72.9 C67-69.9 D+ 63-66.9 D 60-62.9 DBelow 60 F 3
ECON/FINA 365 FINANCE FALL 2016
GRADE APPEALS: All grade appeals must be in writing and submitted to me by the next class. No late appeals will be considered. CBA POLICY ON ACADEMIC INTEGRITY Per the UNL Student Code of Conduct: "The maintenance of academic honesty and integrity is a vital concern of the University community. Any student found guilty of academic dishonesty shall be subject to both academic and disciplinary sanctions." A. Academic dishonesty includes, but is not limited to, the following: Copying or attempting to copy from an academic test or examination of another student; using or attempting to use unauthorized materials, information, notes, study aids or other devices for an academic test, examination or exercise; engaging or attempting to engage the assistance of another individual in misrepresenting the academic performance of a student; communicating information in an unauthorized manner to another person for an academic test, examination or exercise; plagiarism; tampering with academic records and examinations; falsifying identity; aiding other students in academic dishonesty, and other behaviors in the student judicial code of conduct, Article III section B (stuafs.unl.edu/dos/code) B. The penalties for academic dishonesty will be severe, and may range from receiving a failing grade on the test or assignment, failing the course in which academic dishonesty took place, or the possibility of expulsion from the university. Faculty will report all cases of academic dishonesty to the Dean of Students at UNL, who will place a report in the students permanent file. A file of academic integrity violations will also be maintained by the College of Business. C. If you copy, or substantially copy, work from anyone else on a paper, the work must be put in quotes and the source(s) cited. Otherwise, it is plagiarism. If plagiarism or other forms of academic dishonesty are found on a group work assignment, it is possible that every member of the group will be punished. It is to your advantage to check out anything that does not seem like the work of your group members or colleagues. Written assignments are subject to verification using Safe Assignment for plagiarism. READINGS AND HOMEWORK: You must attend class to learn what material is important. Some topics are fairly straight forward, while others are fairly difficult. I will mostly concentrate on either the important or difficult material in class. It is essential that you keep up with the material as it is presented. In particular, it is important to do the problems as the material is presented. PROJECTS (PAPERS): In general, each written assignment should be related to the material covered in the following chapters. As each groups topic must be approved and no two groups can cover the same topic, I will approve topics on a first-come, first-approved basis (i.e. a first mover advantage). I will provide examples of possible topics, but you are allowed a great degree of latitude regarding what is an acceptable topic. The paper is limited to five double-spaced pages, excluding citations and tables and/or graphs. The cover sheet should provide the title of the paper and list the names of all group members. Use Times New Roman font, size 12. One-inch margins on all sides. Use APA sixth edition formatting for references. Microsoft Word has a built-in reference input/formatting tool that makes this easy for you. PowerPoint must be used for the end-of-semester presentation. Each group member MUST present a portion of the final assignment. Assignment Paper 1 Paper 2
Topics TBD TBD
Topic Due 9/8/2016 10/11/2016
Assignment Due Date 3-2-1 Feedback Due
9/29/2016 11/1/2016 11/8/2016
Revised Paper Due
11/15/2016
ECON/FINA 365 FINANCE FALL 2016
CLASS SCHEDULE This schedule is tentative and might be adjusted during the semester.