UNIVERSITY OF SAINT LOUIS Tuguegarao City, Cagayan SCHOOL OF BUSINESS ADMINISTRATION AND ACCOUNTANCY COURSE INFORMATION AND SYLLABUS

IN BASIC FINANCE (FIN1) DESCRIPTIVE TITLE CREDIT UNITS PRE-REQUISTIE : BASIC FINANCE (FIN1) : 3 UNITS (54 HOURS) : NONE

COURSE DESCRIPTION This course will cover an introduction to financial management. It will also focus on what business firms should do to achieve their financial goals, which are to optimize the owners wealth. Specifically the course will include discussion on money and its importance in business transactions, time value of money, importance of credit, importance and the role of banks and other financial institutions, finance functions in operating the environment of finance. COURSE LEARNING OUTCOMES At the end of the course, the students are expected to: 1. Identify business finance requirements and activities of the different types of business; 2. Appreciate the importance and the proper management of capital as a lubricant in running a business; 3. Develop the skills in managing a business geared towards maximizing profit; 4. Acquire necessary skills and knowledge as future financial managers; and 5. Identify risks in business and to acquire the ability to handle risks References: Printed References: Besley, S. & Brigham, E. (2012) Basic finance. Cengage Learning Asia Pte. Ltd. Philippine Edition. Mayo, H. (2011) Basic finance. Cengage Learning Asia Pte. Ltd. Philippine Edition. Medina, R. (1999). Business finance. revised edition. Manila: Rex Bookstore. Miranda, G. (1996). Elements of business finance. Manila: L & G Business Home.

Rao, R. (1997) Financial management. Manila: Mutual Books, Inc. Colayco, F. (2007). Making your money work, pera mo palaguin mo 2. Manila: Colayco Foundation for education, Inc. 5th Printing: Mishkin, Frederic. (2003). Understanding the Economies of Money, Banking and Financial Markets. 8th Edition. COURSE OUTLINE:

COURSE CONTENT I- Money: Its Evolution and Significance A. Needs and wants of man B. Barter and its difficulties C. Development of money D. Importance and characteristics of money E. Functions of money F. Parts of money G. Time Value of money

TIME ALLOTMENT 2 hrs

STRATEGIES Poster making on the effects of money to the individual, businesses and the economy 1. Teacher gives assignment to students to bring real money of various denominations 2. Discuss the parts of money and let students locate the parts from the money they brought to class

LEARNING OUTCOMES Appreciate how man came into existence Gain an understanding of why people hold money Determine and differentiate the functions of money Possess the value of thrift Enhance the students savings awareness Know your own currency and its security features Comprehend inflation as experience by individuals Explain the impact of inflation Provide ways on how to be able to help eradicate inflation

2 hrs 1 hr

30 mins II- Inflation A. B. C. D. Types of Inflation Effect to the economy The use of monetary tools The use and importance of credit in business E. The dangers and advantages in financing business thru credit F. The role of the Bangko Sentral ng Pilipinas III. Nature and Aims in Business A. Business Defined B. Classifications of Business C. Basic Functions D. Purpose and aims E. Businesses in the Philippines: How do they foster the goals of our society F. Forms of Business Organization IV. Maximizing Stockholders Welfare A. The firms value B. How firm creates wealth for its owners 2 hrs 1.5 hrs 2 hrs 1.5 hrs

Quiz 1 Case Study 1. Select or write a case on inflation or unemployment 2. Give guided questions for students to answer 3. Let the groups present their answers 4. Debrief

30 mins

Quiz 2 Quiz Bee 1. Groups students 2. Teacher prepare questions for groups to answer on a slate board 3. Teacher discusses as one question is answered

Gain an understanding of what a business means and cite examples of business, businesses and business firms Identify ways and means on how to be able to help in the progress of a business Integrate social responsibility in the attainment of business objectives Make work ethics standards as future members of 3 the corporate workforce Create ways on how to maximize firms value

1.5 hrs 30 mins Quiz 3 Concept Formation (before discussion) 1. identify a concept scheduled for discussion

COURSE PROJECT: Prelim: Students in a group of five will have to gather or make a collection of old and new currencies that circulated the Philippines. The collection must be presented in the most creative way. Midterm: Students in the same grouping as prelims will make a collection of credit instruments used in the Philippines. The instruments should be labeled to determine if they know how to identify an instrument when they see one.

Rubrics: (for course project) Number of collected currencies/ instruments Oldest currency that they can find Variation of currencies and instruments Presentation COMMUNITY EXTENSION: (not applicable) GRADING SYSTEM: Criteria in Grading Class Standing Quizzes Assignment Seatwork/ Group work/ Activity Recitation Requirement Major/ Periodic Examination TOTAL

Prelim 5 5 5 5

Midterm 5 5 5

PRELIM 20 5 10 5 10 50 100%

MIDTERM 20 5 10 5 10 50 100%

FINALS 30 5 10 5 50 100%

Syllabi Prepared by:

MINERVA P. PANGANIBAN, MBA Instructor Recommending Approval: Approved by:

MARY ANN C. BARTOLOME, MBE Department Head, Business Administration

EMMANUEL P. PATTAGUAN, Ph.D. SBAA O.I.C. Dean/VP for Academics