23 Jan Many of you without a background in finance may have gotten your impression of the finance world from TV or movies. Even the

​ Rubric Name: MBA/MSHRM/MSL Discussion Grading Rubric – Timeliness v1

Criteria Level 4 – Excellent Level 3 – Proficient Level 2 – Developing Level 1 – Emerging Quality of Initial Posting (first discussion only) 4 points Initial posting reveals a clear understanding of all aspects of the threaded discussion question; uses factual and relevant information; and demonstrates full development of concepts. 3 points Initial posting demonstrates legitimate reflection and answers most aspects of the threaded discussion question; full development of concepts is not evidenced. 2 points Initial posting demonstrates some reflection and answers some aspects of the threaded discussion question; Limited development of concepts is evident. 1 point Initial posting was not on topic; the response was unrelated to threaded discussion question; and post demonstrated only superficial thought and poor preparation. Quality of Responses to Classmates 6 points Responded to the required number of students and to the professor, if appropriate, for every discussion. Demonstrated analysis of others’ posts; extends meaningful discussions by building on previous peer posts and offering alternative perspectives. 5 points Responded to almost all of the required students and to the professor, if appropriate, for every discussion. Provided comments and new information to other posts; not all responses promote further discussion of the topic. 4 points Responded to some students and to the professor, if appropriate, for every discussion. Little depth in response; agreed or acknowledged one other classmate’s initial posting. 3 points Did not respond to any student or the professor. Reference to Supporting Readings/Information Literacy 3 points Refers to and properly cites either course and/or outside readings in both initial posting and responses to peers. 2 points Refers to and properly cites course and/or outside reading in initial posting only. 1 point Makes some reference to assigned readings with some citations or cites questionable sources.  0 points Makes no reference to assigned readings without citations or cites questionable sources. Critical Thinking 4 points Demonstrates mastery conceptualizing the problem; viewpoints and assumptions of experts are analyzed, synthesized, and evaluated; and conclusions are logically presented with appropriate rationale. 3 points Demonstrates considerable proficiency conceptualizing the problem; viewpoints and assumptions of experts are analyzed, synthesized, and evaluated; and conclusions are presented with necessary rationale. 2 points Demonstrates partial proficiency conceptualizing the problem; viewpoints and assumptions of experts are analyzed, synthesized, and evaluated; and conclusions are somewhat consistent with the analysis and findings. 1 point Demonstrates limited or poor proficiency conceptualizing the problem; viewpoints and assumptions of experts are analyzed, synthesized, and evaluated; and conclusions are either absent or poorly conceived and supported. Timeliness 3 points Initial post occurs in a timely manner (1 – 3 days into module) allowing ample time for classmates to respond and engage. 2 points Initial post occurs later (4 – 5 days into module) allowing limited time for classmates to respond and engage. 1 point Initial post occurs substantially late (6-7 days into module) allowing minimal to no time for classmates to respond and engage.  0 points Initial post occurs after the first week of the module.  Overall Score Level 4 18 or more Level 3 16 or more Level 2 14 or more Level 1 0 or more

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COURSE MATERIALS/BIBLIOGRAPHY

Module 1

Required Material

Holthausen, R. (2015). Time value of money. Coursera. Retrieved from:  https://www.coursera.org/learn/wharton-decision-making-scenarios/lecture/ZE2tE/1-2-time-value-of-money

Pinder, S. (2017) Unsystematic versus systematic risk. Coursera. Retrieved from:  https://www.coursera.org/learn/valuation/lecture/LLtZP/2-1-unsystematic-versus-systematic-risk-getting-rid-of-unrewarded-risk

Gitman, L. (2005). Chapter 4: Time value of money. Principles of Managerial Finance. Pearson Education. Retrieved from:  http://wps.aw.com/wps/media/objects/222/227412/ebook/ch04/chapter04.pdf   [If the link is down, click  Important Financial Concepts  or  Important Financial Concepts  for an alternative link.]

Gitman, L. (2005). Chapter 5: Risk and return. Principles of Managerial Finance. Pearson Education. Retrieved from:  http://wps.aw.com/wps/media/objects/222/227412/ebook/ch05/chapter05.pdf   [If the link is down, click  Risk and Return  or  Risk and Return  for an alternative link.]

Davis, J. (2013). Present value of a single amount in Excel. Retrieved from:  https://www.youtube.com/watch?v=ruIfnNoe1Co&t=85s

Moy, R. (2014). Present value of multiple cash flows in Excel. Retrieved from:  https://www.youtube.com/watch?v=kDOIuJbHpLc

Codible. (2012). Future value for a series of annual deposits. Retrieved from:  https://www.youtube.com/watch?v=EcfmEVVHDsw

Optional Material

Pinder, S. (2017). Capital asset pricing model (It’s all about the discount rate). Coursera. Retrieved from:  https://www.coursera.org/learn/valuation/lecture/6Oh5F/2-2-capital-asset-pricing-model-its-all-about-the-discount-rate

Clifford, J. (2014). Time value of money. ACDC Leadership. Retrieved from:  https://www.youtube.com/watch?v=nfkqCv3Rd_g

Ross, S., Westerfield, R., & Jordan, B. (2007) Chapter 4: Introduction to valuation: The time value of money. Essentials of Corporate Finance. McGraw Hill. Retrieved from:  http://novellaqalive2.mheducation.com/sites/dl/free/007000000x/484691/Part3_Chap4.pdf

Ross, S., Westerfield, R., & Jordan, B. (2007) Chapter 11: Risk and return. Essentials of Corporate Finance. McGraw Hill. Retrieved from:  http://novellaqalive2.mheducation.com/sites/dl/free/007000000x/484691/Chap11_RiskReturn.pdf

Boundless. (n.d.). Chapter 5: Time value of money. Boundless Finance. Retrieved from:  https://www.boundless.com/finance/textbooks/boundless-finance-textbook/the-time-value-of-money-5/

Boundless. (n.d.). Chapter 8: Introduction to risk and return. Boundless Finance. Retrieved from:  https://www.boundless.com/finance/textbooks/boundless-finance-textbook/introduction-to-risk-and-return-8/

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Module 1 – Background

PRESENT VALUE AND THE RISK/RETURN TRADE-OFF

To begin the module, start off with these two videos to give yourself an overview of the main concepts covered in this module. The first video is from Professor Holthausen of the Wharton School of Business at the University of Pennsylvania. He explains the concept of the time value of money and also goes through some calculations using Microsoft Excel. The second video is from Professor Pinder of the University of Melbourne and covers some basic concepts of risk and return.

Holthausen, R. (2015). Time value of money. Coursera. Retrieved from:  https://www.coursera.org/learn/wharton-decision-making-scenarios/lecture/ZE2tE/1-2-time-value-of-money

 

 

Pinder, S. (2017) Unsystematic versus systematic risk. Coursera. Retrieved from:  https://www.coursera.org/learn/valuation/lecture/LLtZP/2-1-unsystematic-versus-systematic-risk-getting-rid-of-unrewarded-risk

 

 

A second video from Dr. Pinder on the capital asset pricing model is highly recommended but not required. A link to Dr. Pinder’s video is included under the optional reading list below.

Once you have finished viewing the videos, take a closer look at the concepts covered in the videos by reading through these book chapters. In addition to reading about the basic concepts, make sure to work through some of the numerical examples as these will help you with your assignments:

 

Gitman, L. (2005). Chapter 4: Time value of money. Principles of Managerial Finance. Pearson Education. Retrieved from:  http://wps.aw.com/wps/media/objects/222/227412/ebook/ch04/chapter04.pdf  [If the link is down click  Important Financial Concepts  or  Important Financial Concepts  for an alternative link.] 

 

 

Gitman, L. (2005). Chapter 5: Risk and return. Principles of Managerial Finance. Pearson Education. Retrieved from:  http://wps.aw.com/wps/media/objects/222/227412/ebook/ch05/chapter05.pdf  [If the link is down click  Risk and Return  or  Risk and Return  for an alternative link.]

If you have any difficulty with the material above, it is highly recommended that you take a look at some of the optional readings below. The materials below cover the same material but sometimes concepts can be absorbed better if you see some explained in a different manner or see additional examples.

Finally, if you don’t have much experience with Microsoft Excel then please take a look at the following videos:

Davis, J. (2013). Present value of a single amount in Excel. Retrieved from:  https://www.youtube.com/watch?v=ruIfnNoe1Co&t=85s

Moy, R. (2014). Present value of multiple cash flows in Excel. Retrieved from:  https://www.youtube.com/watch?v=kDOIuJbHpLc

Codible. (2012). Future value for a series of annual deposits. Retrieved from:  https://www.youtube.com/watch?v=EcfmEVVHDsw

Optional Reading

Pinder, S. (2017). Capital asset pricing model (It’s all about the discount rate). Coursera. Retrieved from:  https://www.coursera.org/learn/valuation/lecture/6Oh5F/2-2-capital-asset-pricing-model-its-all-about-the-discount-rate

Clifford, J. (2014). Time value of money. ACDC Leadership. Retrieved from:  https://www.youtube.com/watch?v=nfkqCv3Rd_g

Ross, S., Westerfield, R., & Jordan, B. (2007) Chapter 4: Introduction to valuation: The time value of money. Essentials of Corporate Finance. McGraw Hill. Retrieved from:  http://novellaqalive2.mheducation.com/sites/dl/free/007000000x/484691/Part3_Chap4.pdf

Ross, S., Westerfield, R., & Jordan, B. (2007) Chapter 11: Risk and return. Essentials of Corporate Finance. McGraw Hill. Retrieved from:  http://novellaqalive2.mheducation.com/sites/dl/free/007000000x/484691/Chap11_RiskReturn.pdf

Boundless. (n.d.). Chapter 5: Time value of money. Boundless Finance. Retrieved from:  https://www.boundless.com/finance/textbooks/boundless-finance-textbook/the-time-value-of-money-5/

Boundless. (n.d.). Chapter 8: Introduction to risk and return. Boundless Finance. Retrieved from:  https://www.boundless.com/finance/textbooks/boundless-finance-textbook/introduction-to-risk-and-return-8/