Spring 2014 Course and Textbook Information

Our first class meeting is Wednesday January 22, 2014 at 5:30pm in Avon Williams Campus Room 269.  This course is a hybrid, which means we will not meet on ground every single week – instead we will have some weeks where we do not meet and instead have online activities (the course as a whole is therefore about 50% on ground, and 50% online).  I will let you know the full schedule of on ground meetings at our first class meeting.
Below please find some information on the required textbook so that you can get a head start on obtaining it.  A newer edition is available – please be sure to get the 3rd edition, however.  I am still using the 3rd edition in hopes of keeping costs down; today I found used copies online for sale (not rent) in the neighborhood of $40.  If you plan to work in the field of nonprofit or healthcare administration, I suggest you purchase instead of rent, because this book is a good reference and we won’t cover all of it during the course.
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REQUIRED TEXTBOOK:  Finkler, S.  (2009).  Financial Management for Public, Health, and Not-for-Profit Organizations (3rd ed.).  Prentice Hall. 672pp.  ISBN 978-0136070733.

You should have the textbook in hand by the end of the first week of the course.  You do not need to have it with you for our first class meeting, but you should get it that week.  Not having the textbook will not be an accepted excuse for falling behind or for late work.  Textbooks are a necessary input to graduate education and part of its total cost.  You must purchase the required edition; past editions have different problems and some different content, and to ensure a consistent learning experience I require that all students work from the same edition.  In this particular case, you should also know that the international edition is different from the US edition and therefore it is not an acceptable substitute either.  The book is costly because it includes tables, charts, and math problems and because information in this area changes fairly often.  Books of that type cost more to edit and produce; those of you with a background in science will have encountered this before.  This is an industry standard textbook and I am obligated to prepare you using the best available materials. The Avon Williams Campus bookstore should have used copies, you may want to call to make sure they are in stock before you make a special trip.  For another option you can try the rental online of the ebook instead from the publisher , or you can see if the bookstore is offering a rental option.  Make sure you understand the terms of any rental or ebook you purchase; problems with an ebook will not be accepted as an excuse for late work or falling behind.   Of course there are online suppliers of used textbooks like half.com and so forth, but be sure to use a fast shipping method so you are not waiting too long, or make arrangements to share with a classmate till yours comes in.  I cannot make copies of textbook material for students.  A clearinghouse like bigwords.com can show you the various prices available for a textbook via ISBN (note, you have to click on the link that says “view all copies” or else it will only show you the single cheapest option).

CALCULATOR:  For class and exams, be aware you will need to bring and know how to use a basic scientific (not financial) calculator which has the exponent (power) function.  Bring your calculator to class and I will show you how to use that function if you have not done so before.  Such a calculator can be purchased very cheaply if you do not have one already – here is an example for $9.99; you do NOT need this exact calculator or brand, this is simply one of the right kind.

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Update after Exam 1 – Summer 2013

Your Exam 1 grades have been entered in eLearn.  The class mean was 85.5%.  We will go over the exam in detail in class Monday.

We will also work on Chapter 5 time value of money problems – so be sure you have read and attempted those problems.  The end of the course and the second exam are literally just around the corner…so be sure you are making use of these long summer days to continue staying on target in your reading, studying the learning objectives (set B) and problem/question set B so you can have a strong finish.  Keep in mind there are a variety of helpers for you for problem set B, including some screencasts for some problems -look in the Problem Set content module in ELearn for links to those materials.

There is no hybrid assignment due tomorrow night (Sunday June 23, 2013) – but you do have one due next Sunday so if you want to get that out of the way you can work ahead.

Monday I am giving a presentation in Memphis in the morning, and returning in the afternoon for our class.  Should anything unexpected happen regarding the trip back/delays, I will notify you via email.  See you in class!

Update

I have commented on all the Hybrid I discussion groups and provided feedback for you in the grades area.  I have noticed that not that many people have downloaded the Budget slides from the Content Module 2 – be sure that you read through the slides and included notes, because we did not cover all of that in class.  There are also slides for the cost module which could help you as you work on those problems – so don’t forget about these resources in eLearn.  See you on Monday, and keep working on the discussion for Hybrid Activity II.

Summer 2013 class kickoff

Great class meeting last night – I have posted the audio recording of the intro to budgeting lecture inside eLearn, in the Budgeting Module (Module 2).  Be sure to also read through and study the other slides provided in the PDF that we did not have time to discuss in class.  I corrected one error in the talk – I said “retained earnings” at one point where I meant to say “owner’s equity” [retained earnings is a subset of owner’s equity]- so I had to figure out how to clip out a few seconds and insert a new audio file – the result is not very subtle -sounding, evidently I don’t have a future in audio engineering!  To read a little more about the difference between owner’s equity terminology and net assets (and residual claimant idea), you can see your textbook page 333-334.

I have assigned you each to a group for discussions, so you should now see a link for your group when you enter a discussion area. Whatever link you see is for your group (don’t worry about what number you see).  If you don’t see any link at all for a group, then let me know. I look forward to reading your discussion on the “Looking Glass” reading – don’t be alarmed that you don’t see me jumping in and participating during the discussion period which ends this coming Sunday.  That is all your time to post and interact with your classmates about the material.  I will comment on the concluded discussions when we meet in class.

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If you have “followed” the PADM 6230 course blog at any time in the past, you will continue to get updates about the course until you unsubscribe. I cannot unsubscribe you – you need to do this yourself.

IF YOU FOLLOWED THE BLOG BY ENTERING YOUR EMAIL ADDRESS:  If you are receiving unwanted updates to this blog via email, please simply click on the Manage Subscriptions link at the bottom of the email which says “Unsubscribe or change your email settings at Manage Subscriptions” – you will then be able to unfollow the blog at the page which opens up (as well as any others you subscribed to using that email address).  It only takes a minute.

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