FINANCE 2302 – INTRODUCTION TO INVESTMENTS – FALL, 2017
Tuesday/Thursday, 8-9:15am, Kirschman Hall, Room 122
Mark Rosa
mark@markrosa.com or mrosa@uno.edu

Syllabus:

OFFICE HOURS: Before class and by appointment.  I am an adjunct faculty member (part-time), I go to work right after class and do not have a university office. I should be in the classroom around 30 minutes before class, see me then or email me at mark@markrosa.com for the quickest response. 

The Economics & Finance Department phone number is:  504-280-6485.  (The number is listed here as a requirement of the University, I am not at this number.)

I will communicate with the class by email through the Webstar or Moodle system at UNO.

TEXT:  The Wall Street Journal.   Go to www.WSJstudent.com to subscribe.  You may select the digital only Journal or the Print + Digital (Digital only is fine) for $15 for the semester.  We will start using the Journal after we cover Time Value of Money, about two weeks or so of class. The subscription will include password access to www.wsj.com, the online version of the Journal.  Tables and articles that we will need in this class will come from the internet.

Go to www.marketwatch.com and subscribe to the marketwatch email alerts for marketwatch news. (Its free)

Go to www.seekingalpha.com create a login and password and type in “BAC” for a stock that you want to track.  BAC is the ticker symbol for Bank America, we can track this stock plus others during the semester using this site.  (Its free)

COURSE OBJECTIVE: To give the student an understanding of investments and their valuations, knowledge of financial markets, and financial mathematics sufficient to manage their own portfolio.  The course will also give the student a look into the financial aspect of business.

In 2014, I was asked about a particular post on a faculty rating internet site; clearly a website where anyone can post a comment.  The post complained about the time of the course, the materials that we use, just about everything else.  My answer to any of their posts was this:  My education is in economics and finance, have been in the banking industry for over 30 years and have been teaching college since 1988; my aim is to teach you the material appropriate to the course that you are taking.  If you are serious about your college education, you will get a lot out of my classes.  I have hired many of my students over the years and choose ones that can complement business and are serious about a career.  If you need a crib course, something not very demanding, a course where a faculty member reads a PowerPoint slide to you, take another class. 

Lastly, I list the requirements of the course in the syllabus - that is what the syllabus is for, paying attention to this document is your job - I will hold you to the contents of the syllabus even if you have not read it - that's how it will be in the business world, so it will be in my class.  I expect college students to be self-sufficient; the majority of students that take this course are business majors, I will treat you like a college student that wants to graduate in business.  I do not offer secretarial services; emails that ask what was covered in class (because of an absence), what date is a test to be held, what is on the tests, I don’t provide pencils, scantron forms, etc.  If you regularly attend class, you will know when exams will be given, you will have the notes, you will know what is being covered on the exams.  Understand this and apply yourself and you will have NO problem in my classes.

Each semester classes vary and we tend to move through information slightly differently than a previous semester, it is for that reason that I do not assign specific dates to the subjects.  The "weeks" are approximations.  When exams approach, we will discuss an exam date in class that serves the majority at the time.  Exam dates will allow plenty of time between completing the material that will be tested and the exam itself.  I do not offer make-up exams, if you miss a regular exam, your final will count twice;  take the test on the decided date.

Week 1 - Introduction to Investing.
Week 2 - Time Value of Money.
Week 3 - Time Value (Cont.)
Week 4 - Measuring Risk & Return.
Week 5 - Mutual Funds. EXAM 1 will be sometime after Mutual Funds and will cover all material from the first class up to and including Mutual Funds.
Week 6 - Fixed Income & Leveraged Securities.
Week 7 - Fixed Income & Leveraged Securities, cont.
Week 8 - Term Structure of Interest Rates & The Federal Reserve.
Week 9 - EXAM 2 will cover all material after Mutual Funds up to and including The Federal Reserve.
Week 9 - Analysis & Valuation of Equity Securities (Stocks).
Week 10 - Stocks, Securities Business, Averages & Indexes.
Week 11 - Brokerage Accounts. EXAM 3 will cover all of the information after the Federal Reserve up to and including Brokerage Accounts.
Week 12 - Derivative Securities - Stock Options.
Week 13 - Stock Options (Cont.), Index Options

FINAL EXAM:    TUESDAY, DECEMBER X, 2017; 10:30-12:30am.  Do NOT make travel plans on the date of the final, it will not be up to me to work around your schedule.

THIS COURSE IS FAST MOVING. For those who are non-business majors, this course will give you plenty of real-world, real-life, hands-on investment knowledge. Business majors will find many of the topics in this course used in more advanced finance courses.

MISSED CLASS: Make arrangements with a classmate to get notes that you missed. You don’t have to notify me if you are unable to attend class.

Ladies and gentlemen in over 30 years, I have been through it all - Those participating in sports (for or not for the University), those getting married, divorced, or taking trips during the semester; having a baby, flying to the moon or any other of life's challenges, rules written on this syllabus apply to you.

I have placed two copies of a book, that I think compliment my notes very well, on reserve in the library.  Ask the circulation librarian to use one of the texts' for Finance 2302.

The Consumer News and Business Channel (CNBC), is one of the premier business and market news channels on cable television.  I have a subscription and will dial into the news before class and the run live broadcast until about five minutes into the class time.  CNBC is bringing us the up-to-date business and market information; what is going on in the investment environment will be covered on exams.

EXAMS: Exams will cover material indicated on this syllabus. They contain multiple choice questions. The final exam is selectively comprehensive. Terms for each exam including the final exam are on this website. Bring a UNO SCANTRON form (Blue OR Green), available at the bookstore, to record your answers on each exam. I will have each exam graded immediately after all are collected and post the scores on my website or by emailing them to you, listed by the last four digits of your student number.
YOU MAY NOT USE A CELL PHONE FOR ANYTHING WHILE TAKING EXAMS.  BRING A CALCULATOR, YOU WILL NEED ONE FOR EVERY TEST.

On the UNO SCANTRON form:
Print your name in the spaces provided and "bubble-in" the corresponding letters on the form.
I deduct five (5) points from your exam score if the scantron form is not properly completed or if the scanton is too damaged to be read by the computer.  Bring the completed scantron to class, insure that the form is in good condition.
I will bring the most recently taken exam with me to class for you to see before class begins.  I do not use class time to "go over" exams.
Advice on how to prepare:  These notes have the terms and calculations that you will need for the exams.  Many questions will require calculations, finance is mathematically-oriented subject.  Other questions will be on terms and concepts.  You can easily be asked about a term or concept that will be beyond the basic definition - that will mean that you have to THINK about the question to answer it.  Come to class, participate, ask a question if you don't understand something.  Be an adult.

If you miss an exam, your final will count twice.  I don’t offer extra credit.

Academic Integrity:  Academic integrity is fundamental to the process of learning and evaluating academic performance. Academic dishonesty will not be tolerated. Academic dishonesty includes, but is not limited to, the following: cheating, plagiarism, tampering with academic records and examinations, falsifying identity, and being an accessory to acts of academic dishonesty. Refer to the Student Code of Conduct for further information. The Code is available online at http://www.studentaffairs.uno.edu.

Accommodations:  It is University policy to provide, on a flexible and individualized basis, reasonable accommodations to students who have disabilities that may affect their ability to participate in course activities or to meet course requirements. Students with disabilities should contact the Office of Disability Services as well as their instructors to discuss their individual needs for accommodations.  For more information, please go to http://www.ods.uno.edu.

Grading:
90 – 100% = A
80 – 89 = B
70 – 79 = C
60 – 69 = D
0 – 59 = F

EXAM VALUES:
Exam 1 = 25%
Exam 2 = 25%
Exam 3 = 25%
Final Exam = 25%
I do not "curve" individual exams, if a curve is warranted, I will do so after the final.

You will get a lot out of this course if you want to,