SAN JOSE STATE UNIVERSITY
COLLEGE OF BUSINESS
BUSINESS 275
Corporate Finance: Cases in High Tech Firms
April 26 - June 14, 2005
INSTRUCTOR: Dr. Janis K. Zaima
COURSE OBJECTIVE :
This course is a continuation of corporate finance where finance concepts directly related to high technology firms are examined. The concepts are enhanced with cases as listed below. Other data and handouts are provided to supplement these cases as well as readings assigned from the textbook.
TEXTBOOK:
Analysis for Financial Management by Robert C. Higgins, seventh edition, Irwin McGraw-Hill, 2001. Available at the Spartan Bookstore or Roberts Bookstore.
CASES
Sun Microsystems, 1987, Case A
Super Project
F&C International
Intuit Corporation, Inc.
(All but F&C International are Harvard cases and are available at the Spartan Bookstore)
Office and Office Hours:
Office: |
BT853 |
Telephone: |
(408) 924-3490 |
Fax: |
(408) 924-3463 |
Office hours: |
Tues: 5:30 - 6 pm or by appt. |
Grading Policy:
The grade for the course is based on the following distribution.
All analysis reports and exams must be turned in and class presentations made in order to pass the course.
Four case reports |
100 points |
Presentations |
20 points |
Peer evaluation |
10 points |
Class participation |
10 - 20 points (each time you contribute relevant point to the class discussion, you earn 2 pts.; after 10 pts, additional 10 pts can be earned as bonus points) |
Exam |
100 points |
Final |
60 points |
TOTAL POINTS |
300 points |
Students will work in a group of four to five persons to complete each of the four case reports (one report turned in per group). Each group must submit 4 group reports and one grade is given to each report for each group. Also as a group please request, listed in order of preference, 2 cases that the group would like to present. Based on your request, I will determine the 1 case that the group will present. PLEASE LIMIT presentation to approximately 20 minutes . In summary each group will turn in 4 case reports and do 1 presentation . The four case reports and the presentation are a group grade.
A peer evaluation is a confidential evaluation of each group member. An average of the percentage is multiplied by 10 points to determine your peer grade.
Class participation points are given for students who participate in the case discussion. You can earn up to 20 points and 10 additional bonus points for participation. It is important that you attend class so that you can participate even if your group is not assigned to that case. When you present you do not receive participation points (just presentation points).
CLASS POLICY on EXAMS: Make-up exams will not be given. If you anticipate a problem with the exam schedule, please notify me prior to the exam date. Exams are taken individually and each person will receive an individual score (and it is not a group grade).
Class Schedule for BUS275
April 26 – June 14, 2005
DATE |
TOPIC |
READINGS & DUE DATES |
April 26 |
A Quick Review of Financial Analysis Managing Growth Discuss Sun Case A |
Chapter 1 - 3 Chapter 4 |
May 3 |
PRESENTATION 1 – Sun Microsystems Case A Group 1 – 10% Growth Group 2 – 25% Growth Discounted Capital Budgeting Techniques |
Presentation of Sun A case only |
Saturday, May 7 |
Discounted cash flow techniques Discuss Super Project |
Case Report 1 Due Chapter 7 |
May 10 |
PRESENTATION 2 – Super Project Group 3 Risk Analysis in Investment Decision Financial instruments & decision making |
Case Report 2 Due Chapter 8 Chapter 5 & 6 |
May 17 |
MIDTERM EXAM |
6 – 10 PM |
Saturday, May 21 |
Firm Valuation Discuss F&C International - an IPO |
Chapter 9 |
May 24 |
PRESENTATION 3 - F&C International Group 4 Mergers & Acquisition |
Case Report 3 Due Chapter 9 |
May 31 |
Mergers & Acquisition Discuss Intuit Corporation |
Chapter 9
|
June 7 |
PRESENTATION 4 – Intuit Case Group 5 Larson-Gonedes Model Review |
Case Report 4 Due
Handout |
| June 14 | FINAL EXAM |
|
• Topics that are current and jazzy; however, you will not be tested on the * material.