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SMALL BUSINESS FINANCE, BUSG 1341

COURSE MASTER SYLLABUS

FINANCIAL MANAGMENT DEPARTMENT

 

 

 

 

CIP CODE AREA:

COURSE LEVEL: Intermediate

COURSE NUMBER: BUSG 1341

COURSE TITLE: Small Business Finance

CREDIT HOURS: 3; Lecture Hours: 3: Lab Hours: 0

PREREQUISITE: NONE

METHOD OF PRESENTATION: Three-hour lecture/discussion each week.

COURSE DESCRIPTION:
BUSG 1341 SMALL BUSINESS FINANCING (3-3-0). A study of the financial structure of a small business. Topics address business finance, including where the funds come from and what they are used for; budgeting including planning and preparing, record keeping, taxation, insurance, and banking. Skills: R  Course Type: W  

REQUIRED TEXTBOOKS/ MATERIALS:

 

ISBN

Title

 

Publisher

Author

0135025291

Entrepreneurial Finance (5th edition)

TX

Pearson/Prentice Hall

Adelman & Marks

 

SCANS (SECRETARY’S COMMISSION ON ACHIEVING NECESSARY SKILLS):

Course SCANS Competencies for Small Business Finance, BUSG 1341

Please go to http://www.austincc.edu/mkt/scans.htm#whatis for a complete definition and explanation of SCANS.  This list summarizes the SCANS competencies addressed in this particular course.

 

 

SCANS Competencies For BUSG 1341

RESOURCES

1.1 Manages Time

1.2 Manages Money

1.3 Manages Money &

Facility Resources

INTERPERSONAL

2.1 Participates as a Member of a Team

2.2 Teaches Others

2.3 Serves Clients/Customers

2.4 Exercises Leadership

2.6 Works with Cultural Diversity

INFORMATION

3.1 Acquires and Evaluates Information

3.2 Organizes and Maintains Information

3.3 Uses Computers to Process Information

 

SYSTEMS

4.1 Understands Systems

4.2 Monitors & Corrects Performance

 

TECHNOLOGY

5.2 Applies Technology Task

 

BASIC SKILLS

6.1 Reading

6.3 Arithmetic

6.4 Mathematics

6.5 Listening

 

THINKING SKILLS

7.1 Creative Thinking

7.2 Decision Making

7.3 Problem Solving

7.5 Knowing How to Learn

7.6 Reasoning

 

PERSONAL QUALITIES

8.1 Responsibility

8.3 Sociability

8.4 Self-Management

8.5 Integrity/Honesty

 

 

 

INSTRUCTIONAL  METHODOLOGY:

See specific instructor’s syllabus

 

COURSE RATIONALE:

The purpose of this course is to prepare the student to understand the dynamics of handling their finances in their own small business. This course can be the one of several to prepare the individual to become more aware of all the aspects of planning, researching, and utilizing their finances for their small businesses more effectively.

 

This course will help students to develop the understanding and skills necessary to become more effective stewards of their small business finances. This course integrates all aspects of planning using finances in a persons small business. It incorporates the preparation of a financial plan for a small business that involves the preparation of balance sheets, income statements, sources of financial recourses and the various forms of business ownership. Various techniques and tools will be reviewed, as will the understanding of income tax laws and their impact on small business.

 

Small business finance is not just about textbook learning; it challenges the student to use their critical and creative skills in all aspects of managing their small business financial resources and not just those covered in the text. The student will learn how to apply the knowledge and skills learned in this course to real world situations.

 

COMMON COURSE LEARNING OBJECTIVES/OUTCOMES

1.        Examine aspects of business finance

2.        Estimate funds for starting a new business, purchasing an existing business, and expanding an existing business; plan and prepare a budget

3.        Identify types of financial records for record keeping

4.        Discuss tax matters pertaining to a small business

5.        Describe the concepts of risk management.

6.        Apply financial management concepts and techniques as they relate to both small business and individuals.

7.        Learn how to prepare and interpret financial statements.

8.        Learn to understand and apply time value to money concepts.

9.        Understand the investing decision of a firm and apply capital budgeting decision rules when making investing decisions.

 

 

GRADING SYSTEM:

Your instructor will provide specific information about how you will be graded in this course.

 

COURSE POLICIES:

Departmental policies for Incompletes, Attendance, and Withdrawal are as follows:

 

Incomplete Policy:  An incomplete (I) will be granted to a student in rare circumstances. Generally, to receive a grade of I, a student must have completed all examinations and assignments to date, be passing, and have personal circumstances that prevent course completion that occur after the deadline to withdraw with a grade of W.

 

Attendance Policy:  All students are expected to attend classes.  Non-attendance will have an impact on the student’s grade.

 

Withdrawal Policy:  It is the student’s responsibility to withdraw from a course.  Instructors are allowed to withdraw students but students must not rely on their instructor to withdraw them if they wish to withdraw.

 

Austin Community College policies for Academic Freedom, Scholastic Dishonesty, Student Discipline, and Students with Disabilities are as follows:

 

Academic Freedom Statement:  Each student is strongly encouraged to participate in class. In any classroom situation that includes discussion and critical thinking, there are bound to be many differing viewpoints. These differences enhance the learning experience and create an atmosphere where students and instructors alike will be encouraged to think and learn. On sensitive and volatile topics, students may sometimes disagree not only with each other but also with the instructor. It is expected that faculty and students will respect the views of others when expressed in classroom discussions.

 

Scholastic Dishonesty Statement: Acts prohibited by the College for which discipline may be administered include scholastic dishonesty, including but not limited to cheating on an exam or quiz, plagiarizing, and unauthorized collaboration with another in preparing outside work. Academic work submitted by students shall be the result of their thought, research or self-expression. Academic work is defined as, but not limited to tests, quizzes, whether taken electronically or on paper; projects, either individual or group; classroom presentations, and homework” (see Student Handbook). Penalties for scholastic dishonesty will depend upon the nature of the violation and may range from lowering a grade on one assignment to an F in the course and/or expulsion from this institution.

 

Student Discipline Statement:  Classroom behavior should support and enhance learning. Behavior that disrupts the learning process will be dealt with appropriately, which may include having the student leave class for the rest of that day. In serious cases, disruptive behavior may lead to a student being withdrawn from the class. ACC's policy on student discipline can be found in the Student Handbook.

 

Students with Disabilities Statement: Each ACC campus offers support services for students with documented physical or psychological disabilities.  Students with disabilities must request reasonable accommodations through the Office for Students with Disabilities on the campus where they expect to take the majority of their classes. Students are encouraged to do this three weeks before the start of the semester” (see Student Handbook).

 

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