Republic of the Philippines

BATANGAS STATE UNIVERSITY

COLLEGE OF ACCOUNTANCY, BUSINESS, ECONOMICS AND
INTERNATIONAL HOSPITALITY MANAGEMENT
Pablo Borbon Main I
Rizal Avenue, Batangas City

BUSINESS AND ENTREPRENEURSHIP DEPARTMENT

COURSE SYLLABUS WITH COURSE SPECIFICATION
FINANCIAL MANAGEMENT

Course Title: Financial Management

Course Code: FM 202
Prerequisite: ACTG 203
Credit: 3
Number of Hours: 54
Instructor: Amor A. Ilagan

VISION
A globally recognized institution of higher learning that develops competent and morally upright
citizens who are active participants in nation building and responsive to the challenges of the 21st century

MISSION
Batangas State University is committed to holistic development of productive citizen by providing
a conducive learning environment for the generation, dissemination and utilization of knowledge through
innovative education, multidisciplinary research collaborations, and community partnerships that would
nurture the spirit of nationhood help fuel national economy for sustainable development.

CORE VALUES
Faith Integrity Excellence
Patriotism Mutual Respect Human Dignity

COLLEGE GOALS
The College of Accountancy, Business, Economics and International Hospitality Management
aims to provide quality education to prepare students for a wide range of careers in accountancy, business,
hotel and restaurant management, tourism management, customs and public administration, aspire for
continuing education, enhance competencies and hone their leadership skills to enable them to participate
actively in the global market through high quality instruction, research, extension and production which
serve as fertile ground for the internalization of values that uplift self, society and the environment.

PROGRAM EDUCATIONAL OBJECTIVES

The Bachelor of Science in Business Administration major in Financial Management
graduates are expected to:
1. Complete understanding of the concepts, principles and the theories of Financial Management.
2. Help the students to seek employment and assume entry-level jobs or positions of responsibility as
financial analyst, financial manager or executive.
3. Prepare the students to pursue a teaching career or graduate studies in business.

STUDENT OUTCOMES
1. To convey ideas clearly both oral and written in English
2. Prepare, analyze, and evaluate reports, proposals and concept papers
3. Demonstrate the values of fairness, transparency, accountability hard work, honesty, patience,
diligence, innovativeness and risk taking.
4. Apply the principles of different forms of communication
5. Develop the ability to access, retrieve and disseminate information using IT
6. Perform quality work
7. Understand the concepts and principles of good interpersonal relations
8. Develop a wholesome personality
9. Participate actively in business associations and comply with their policies and obligations
10. Demonstrate leadership qualities, civic mindedness and responsible citizenship
11. Conduct Environmental Scanning
12. Conduct feasibility study and other business research / plan
13. Explain the concepts, approaches, and techniques of environmental conservation

{Syllabus in Financial Management Page 1 of 8}

14. Know and understand the country’s national development thrusts, concerns and socio economic
indicators.
COURSE DESCRIPTION
The course is a continuation of Financial Management I and provides a conceptual framework
within which key financial decisions and risks relating to corporations are analyzed. This analysis considers
shareholder wealth maximization, long-term financing, capital budgeting, risk management (the nature of
risk, risk concepts, benefits of risk management, risk management processes, enterprise-wide risk
management, managing operating risk and financial risk, credit risk, capital acquisition analysis, capital
structure decision, valuation of financial instruments, and the dividend decision.

AUDIENCE
The course is intended for second year undergraduate BSBA Financial Management students with
prior knowledge of basic finance specifically the money, credit and banking.

INTENDED LEARNING OUTCOMES

After completing this course, STUDENTS SHOULD BE ABLE:

ILO 1 To explain and discuss the fundamental concepts and principles of Financial Management

ILO 2 Learn how to identify, assess and solve problems in the context of a corporation.

ILO 3 Prepare for real-life situations where students have to structure a problem and collect information
before actually addressing a given question.

ILO 4 Evaluate, finance, and manage business and investment activities.

Mapped Intended Learning Outcomes with the Student Outcomes for the Course:

SO SO SO SO SO SO SO SO SO SO SO SO SO SO

1 2 3 4 5 6 7 8 9 10 11 12 13 14

ILO 1 √ √ √
√ √ √ √
ILO 2 √ √ √ √ √ √ √
√ √ √ √
ILO 3 √ √ √ √ √ √ √ √ √
√ √ √ √
ILO 4 √ √ √ √ √ √ √ √ √
√ √ √

SPECIFIC OBJECTIVES
After completing each topic, students will be able to:
TOPICS ILO1 ILO2 ILO3 ILO4
1. Introduction to Financial Management
1.1 Nature, Purpose, and Scope of Financial Management √ √
1.2 Relationship of Financial Objectives to Organizational Strategy √ √ √
and Other Organizational Objectives
1.3 Functions of Financial Management √ √ √
1.4 Forms of Business Organization √ √
2. Fundamental Concepts of Financial Management
2.1 Financial Statements, Cash Flow, Taxes √ √
2.2 Analysis of Financial Statement √ √ √
2.3 Time Value of Money √ √ √
3. Investing in Long-term Assets: Capital Budgeting
3.1The Cost of Capital √ √
3.2Basics of Capital Budgeting √ √
3.3 Cash Flow Estimation and Risk Analysis √ √
3.4 Real Options and Other Topics in Capital Budgeting √ √
4. Capital Structure and Dividend Policy
4.1Capital Structure and Leverage √ √ √
4.2 Distributions to Shareholders: Dividends and Share Repurchases √ √ √

TEACHING LEARNING STRATEGIES AND ASSESSMENT METHODS

{Syllabus in Financial Management Page 2 of 8}

 1. LECTURE. Lecture method shall be the primary teaching strategy to be considered in the class.
The class shall be provided learning modules for the semester. Lecture shall be done through the
aid of classroom smart televisions, projectors and video presentations. Computer-aided instruction
shall likewise be utilized to develop the students’ abilities in the use of IT.

2. PEER TEACHING / COOPERATIVE LEARNING. Students who work in groups perform

better on tests, particularly in regard to reasoning and critical thinking skills (Lord, 2001). Having
students work with each other is an effective methodology because it forces students to be active
learners and to talk through course concepts in their own words. The faculty shall encourage
tutorials and think-pair-share. To evaluate the performance of students in cooperative learning,
each member shall be evaluated other members.

3. QUESTION AND ANSWER METHOD. It is a universal method of teaching which is also

known as the Socratic Method. it is impossible to consider adequately methods of teaching
without recognizing the question as an essential element in all teaching procedures. The question
is the key to all educative activity above the habit-skill level. Questions challenge thought and test
the students’ knowledge.

4. GROUP/INDIVIDUAL REPORTING. The strategy will help the students to enhance their
presentation skill. It is an avenue for the students to learn how to presents the assigned topics
which they can use in the real world of being Management Practitioner.
Note: The class will be divided into groups. Each group will be assigned a topic that will
run for an hour the remaining time will be used by the instructor to ask some questions
regarding such topics. Presentation and visual aids that will be used may depend upon to
the group’s creativity. Lastly, each group is required to submit a written report.
.
 RUBRIC FOR GROUP/ INDIVIDUAL REPORTING

5. PROBLEM SOLVING METHOD – It is a process of raising reflective thinking in arriving at a

rational solution of the problem. It primarily develops the thinking and reasoning power of the
students. Reflective thinking is characterized by a process of careful consideration of facts, beliefs
or other items of mental experience for the purpose of arriving at rational conclusions about some
problems or perplexity.

6. CASE METHOD OF ANALYSIS - it is a learning tool in which students and Instructors

participate in direct discussion of case studies, as opposed to the lecture method, where the
Instructor speaks and students listen and take notes. In the case method, students teach themselves,
with the Instructor being an active guide, rather than just a talking head delivering content. The
focus is on students learning through their joint, co-operative effort.

Assigned cases are first prepared by students, and this preparation forms the basis for class
discussion under the direction of the Instructor. Students learn, often unconsciously, how to
evaluate a problem, how to make decisions, and how to orally argue a point of view. Using this
method, they also learn how to think in terms of the problems faced by an administrator. In
courses that use the case method extensively, a significant part of the student's evaluation may rest
with classroom participation in case discussions, with another substantial portion resting on
written case analyses. For these reasons, using the case method tends to be very intensive for both
students and Instructor.

{Syllabus in Financial Management Page 3 of 8}

 Case Study Grading Rubric

% Below Approachin At Exceeds

Standard g Standard Standard Standard

Clear explanation of key strategic 20 Shows little Shows some Shows Shows
issues % understandin understandin adequate superior
g of the g of the knowledge knowledge
• The problems, scope, and issues, key issues, key of the of the issues,
seriousness was clearly identified problems, problems, issues, key key
in the discussions. and the and the problems, problems,
company’s company’s and the and the
• There was a well-focused
present present company’s company’s
diagnosis of strategic issues and
situation and situation and present present
key problems that demonstrated
strategic strategic situation and situation and
a good grasp of the company’s
issues. issues. strategic strategic
present situation and strategic
Executive Executive issues. issues.
issues.
summary summary Executive Effective
• Effective Executive Summary missing or inadequate summary Executive
poorly adequate Summary
• Did not waste space summarizing constructe
information already found in the d
case.

Valid arguments; analysis of 20 Critical Critical Critical Critical

financial performance with % issues and issues and issues and issues and
relevant supportive detail key key key key
problems problems problems problems
 Logically organized, key points, that that that that
key arguments, and important supported supported supported supported
criteria for evaluating business
the Case the Case the Case the Case
strategies were easily identified
 Critical issues and key problems Analysis Analysis Analysis Analysis
that supported the Case Analysis were poorly were not were were clearly
were identified and clearly identified, clearly partially identified,
analyzed and supported. analyzed, identified, identified, analyzed,
and analyzed, analyzed, and
supported. and and supported.
supported. supported.

Appropriate analysis, evaluation, 20 Analysis of Analysis of Analysis of Analysis of

synthesis for the specific industry % key change key change key change key change
identified drivers and drivers and drivers and drivers and
the the the the
 There was complete data on underlying underlying underlying underlying
which to base a thorough the issues the issues the issues the issues
analysis
inadequate. were not were were clearly
 Key change drivers underlying
the issues were identified. identified. partially identified
 Synthesis, analysis, and identified
evaluations were clearly
presented and supported in a
literate and effective manner.
Conclusions and 20 Effective Effective Effective Effective
recommendations are congruent % recommenda recommenda recommenda recommenda
with strategic analysis tions and/or tions and/or tions and/or tions,
plans of plans of plans of solutions,
 Specific recommendations and/or action not action action were and/or plans
plans of action provided. provided. inadequate. partially of action
 Specific data or facts were
Specific Specific provided. were
referred to when necessary to
support the analysis and data or facts data or facts provided.

{Syllabus in Financial Management Page 4 of 8}

 conclusions. necessary to were not Specific Specific data
 Recommendations and support the referred data or facts or facts were
conclusions were presented and analysis and when were referred
supported in a literate and conclusions necessary to occasionally when
effective manner.
was not support the referred necessary to
provided. analysis and when support the
conclusions. necessary to analysis and
support the conclusions.
analysis and
conclusions.

Proper organization, professional 20 Key points Key points Key points Key points
writing, and logical flow of % were poorly were not were were clearly
analysis. APA formatting identified identified partially identified
and and identified and
 Logically organized, key points, supported supported and supported
key arguments, and important with a well with a well supported with a well
criteria for evaluating the
thought out thought out with a well thought out
business logic easily identified.
 Key points were supported with rationale rationale thought out rationale
a well thought out rationale based on based on rationale based on
based on applying specific applying applying based on applying
concepts or analytical specific specific applying specific
frameworks to the data provided concepts or concepts or specific concepts or
in the case. analytical analytical concepts or analytical
 Proper grammar, spelling, frameworks frameworks analytical frameworks
punctuation, 3rd person objective
view, professional writing, and to the data to the data frameworks to the data
syntax. provided in provided in to the data provided in
the case. the case. provided in the case.
Grammar, Grammar, the case. Excellent
spelling, spelling, Adequate grammar,
punctuation, punctuation, grammar, spelling,
professional professional spelling, punctuation,
writing, and writing, and punctuation, professional
syntax needs syntax needs professional writing, and
significant improvemen writing, and syntax
improvemen t syntax
t

COURSE POLICIES
The following items are given as a guide in the conduct of the course:

COURSE REQUIREMENTS
Major Exams Quizzes
Exercises / Activities / Portfolios Homework / Seatwork
Recitation Projects / Reports
Attendance

Grading System
Major Examinations 80%
Class Standing
Quizzes 5%
Seatwork 5%
Recitation 5%
Attendance 5%

____________________
Total: 100%

{Syllabus in Financial Management Page 5 of 8}

 POINTS GRADE POINTS GRADE

98-100 1.00 78-79 2.75

94-97 1.25 75-77 3.00
90-93 1.50 below 75 5.00
88-89 1.75 Incomplete Inc.
85-87 2.00 Dropped Drp.
83-84 2.25
80-82 2.50

A. Major Exams
There will be four exams (prelims, midterms, semi-finals and finals). All exams will be in-
class and will be closed book, closed notes. All major exams will be administered on the dates set by
the department unless otherwise specified. The scope of each periodical exam will include but not
limited to those topics given in the class schedule for the specified period. It may include some related
topics given before. You are not allowed to bring with you anything except your pen, straight edges,
erasers, and calculator. You are not permitted to borrow these things from your classmates around you
for this may be a cause of cheating. Exams will commence and end on the scheduled time. Latecomers
will not be given any consideration unless with valid reason.

Make-up tests will be given for authorized university activities only if a student present
suitable documentation (evidence) explaining the absence to the instructor. The instructor/university
reserves the right to disapprove any explanations for absences presented without prior notice and not
provide the opportunity for a make-up test. Students knowing they will be absent from an announced
test because of personal or business reasons are required to inform the instructor before the absence. A
make-up test may be given early in some cases.

B. Response Papers/Assignments/Project
Response papers give students an opportunity to more deeply engage in the assigned material.
A secondary purpose is to encourage regular readings of the text which prevents, last-minute
cramming before tests, enhances class discussions and help students better understand class lectures.
Papers are worth different point values depending on the amount of work required. The students will
be exposed to various aspects of human behaviour and this will in turn require reflective/critical
thinking which will be expressed in writing.

C. Quizzes
Quizzes will be given before or after discussion of each chapter which consist of True or
False, identification or multiple choice items which will come both from the handouts and/or
textbooks. This strategy will prevent last-minute cramming of students during major exams.

D. Class Participation/Recitation/Presentation/Related Activities/Term Papers

From time to time, a graded recitation will be conducted in order to test whether the students
really understand their lessons. Likewise, the students are expected to participate actively in the class
discussions and are encouraged to share their thoughts and prove or disprove other’s conviction in
proper manner. This way, their thinking and reasoning will be developed to the fullest. Further, the
student’s communication skills will be improved. The class will be grouped accordingly and will be
given specific topics to research and report inside the class. Group exercises will likewise be given to
reinforce the learning process. Furthermore, the class will be encouraged to attend different seminars
and fora related to the subject.

E. Attendance
Each student is expected to come to class regularly and their presence in every session will be
accounted for. Students who have not reported in class after the first 15 minutes of the scheduled time
will be considered absent. Those who arrive in class within the first 15 minutes will be considered
tardy. Three late arrivals in class will be equivalent to one absence. Absences shall not exceed six
times for every three-unit subject. Students exceeding the allowable number of maximum absences
before the midterm exam shall be dropped from the class. A student who had been absent must present
a valid excuse slip from the parent/guardian countersigned by the dean if he/she does not want that
absence to be counted in the six allowable absences.

{Syllabus in Financial Management Page 6 of 8}

 F. Other Course Policies:
 Missed Quizzes/Examinations
No special or make-up examination will be given except for those whose absence is excused. In
case of excused absence, a valid written excuse signed by the parent/guardian and the dean must
be presented to the instructor.

 Academic Integrity
Each student is expected to be honest with himself/herself and be fair to his/her fellow students.
ANYONE CAUGHT CHEATING WILL AUTOMATICALLY RECEIVE A GRADE OF 5.00.
(Please refer to the Student Code of Conduct).

 Other Reminders:
 Lecture is an integral part of everyday classes. It is very essential for students to attend
everyday classes for their own advantage. During lectures, they are expected to be
responsible in writing down notes.
 Assignments are intended to encourage students to undertake advance readings. They are
therefore expected to do their assignments.
 STRICTLY NO CELLPHONE USE DURING CLASS HOURS. Students are required to
switch-off their mobile units to avoid class distraction.
 Requirements should be submitted on or before the deadline. Late requirements will no
longer be considered unless an early arrangement with the undersigned is made but a penalty
of 5 points for each day of delay will be deducted.
 Students will be given consultation period to discuss any problem they might have with the
course.

COURSE OUTLINE
The following is a tentative list of topics for the course. The instructor has the right to alter the outline at
any time due to time constraints, unexpected scheduling conflicts, unexpected affairs/activities in the
university, or overall benefit to class effectiveness.

Week Topic/s Strategies/activities

Discussion of VMGO/ Program Objectives /
1
Syllabus
Nature, Purpose, and Scope of Financial ; Lecture, Interactive Discussions, Question
Management Relationship of Financial and Answer
2
Objectives to Organizational Strategy and Other
Organizational Objectives
Functions of Financial Management ; Lecture, Interactive Discussions, Question
3-4
Forms of Business Organization and Answer
5 PRELIMINARY EXAMINATION
Financial Statements, Cash Flow, Taxes; Lecture, Interactive Discussions, Question
6-7
Analysis of Financial Statement and Answer, Problem Solving
Time Value of Money Lecture, Interactive Discussions, Problem
8-9
Solving
10 MIDTERM EXAMINATION
Lecture, Interactive Discussions, Question
The Cost of Capital; and Answer. Problem Solving
Basics of Capital Budgeting;
11-14
Cash Flow Estimation and Risk Analysis;
Real Options and Other Topics in Capital
Budgeting
15 SEMI-FINAL EXAMINATION
Capital Structure and Leverage; Lecture, Interactive Discussions, Question
16-18 Distributions to Shareholders: Dividends and and Answer. Problem Solving
Share Repurchases
FINAL EXAMINATION

ACADEMIC INFRASTRACTURE
Textbook

Brigham and Houston., 13th Edition, Fundamentals of Financial Management, Cengage Learning
Philippines.

References

{Syllabus in Financial Management Page 7 of 8}

Cabrera, Elinita, 2012. Financial Management Principles and Applications: Comprehensive Volume. GIC
Enterprise and Co. Inc., Manila, Philippines.

Prepared by:

AMOR A. ILAGAN
FM 202 INSTRUCTOR

Reviewed by:

DR. TEODORICA G. ANI

Department Chair, Business and Entrepreneurship

Approved by:

DR. BENDALYN M. LANDICHO

Dean, CABEIHM

{Syllabus in Financial Management Page 8 of 8}