Course Materials

Textbook: Fundamentals of Corporate Finance, 3rd  Canadian Edition, Berk, DeMarzo, Harford, Stangeland, Marosi, Pearson Canada, 2020.

MyLab: MyLab access code can be purchased bundled with the course textbook at:

https://mlm.pearson.com/enrollment/zhang45697 .

Excel or Google Sheets: Excel spreadsheets will be used in class and on exams to perform various calculations. Students who do not have access to Excel can use Google Sheets instead.                  Supplementary materials will be posted on D2L.

Evaluation

MyLab Assignments (40%): There are a total of seven MyLab assignments, each worth 5.7% of the course grade. The assignments will help measure your progress in understanding the course material. You may make a maximum of three attempts at each question/page. The highest score of the three attempts will be recorded for grading purposes. Assignments must be submitted by 11:59 pm on the day it is due, otherwise the submission will be deemed late and a penalty of 10% per day late will be applied. Assignments more than three calendar days late will not be accepted and a grade of zero will be assigned. The due dates of the assignments are provided below and marked in the course calendar on D2L.

Exams (50%): Any and all material covered in class will be examinable, as will any and all material assigned for readings. The midterm covers the first half of course and the final exam covers the second half of the course. Both exams will be open-book and will be three-hour long. Students are allowed to use any course material during the exams. The only requirement is that students work independently. Regulations concerning conduct during exams can be found in the Code of Student Conduct. The format of the exams can be any combination of multiple-choice, true/false, short answer, fill-in-the-blank, and written-response problem. The midterm exam is scheduled for 6:30 pm October 18 and the final exam is scheduled for 6:30 pm December 13.

If a student does not attend a regularly scheduled exam and submit an academic consideration request with the necessary documentation within three business days, and if they contact me by e- mail prior to or at the time of the exam to notify me of their absence, then the student will be given a make-up exam. Otherwise, the student will be given a grade of zero on the missed exam. More generally, please contact me as soon as you recognize that you may not be able to write an exam.

Participation (10%): Two guest lecture sessions are scheduled for October 25 and November 29, respectively.  Participation  in  each  session  is worth  5%  of the  course  grade. You will  earn participation marks by submitting a reflective note within three days of each guest speaker session. The note should be no more than one-page long (font size 12, single spaced). The due dates of the two submissions are listed below. Late submissions will not be accepted. The submission will be graded based on quality and professionalism of the writing.

Teaching Method

This course is taught using a combination of lecture, problem solving, and in-class discussions. I encourage both questions and answers from students. I also encourage you to think, analyze, evaluate, and not memorize.

Lecture slides along with an Excel problem set will be posted on D2L prior to each class. Students are encouraged to review the relevant textbook chapters before attending the classes. Class time will be spent reviewing key concepts, solving problems using Excel, and group discussions.

Topics and Course Schedule