SOUTHERN CONNECTICUT STATE UNIVERSITY
SCHOOL OF BUSINESS
DEPARTMENT OF ECONOMICS AND FINANCE
SPRING 2011

WEATHER CHECK NUMBER: 392-7669

COURSE NO:
FIN 460-01
COURSE TITLE:
Treasury Management
COURSE DESCRIPTION:
An examination of the issues involved in the management of current assets and liabilities under the rubric of Treasury Management.
PREREQUISITES:
FIN 300 or permission of the instructor
PROFESSOR:

Dr. Robert M. Eldridge.
Seabury Hall 304
Tel: (H)876-5046
(O)
392-5628;
Fax: 203-392-5254;
email: eldridger1@southernct.edu

OFFICE HOURS:
Mon: 1500-1630 ;
Tues: 1500-1630;
Thurs: 1400-1630;
or by appointment
CLASS HOURS:
Tues: 1700-1935. EN A 113
MATERIALS:
1. Required:
A) "Essentials of Treasury Management", 3rd edition, Bethesda, Md.:Association for Financial Professionals 2010
B) Subscription to the Wall St Journal
C) Your text from corporate finance
COURSE OBJECTIVES:
The objective of this course is to:
1. Establish a foundation in the management of cash and related assets by the enterprise

2. Partially prepare the student to take the Certified Treasury Professional examination administered by the Association for Financial Professionals. See the instructor for further details on this program.
METHOD OF INSTRUCTION:
The course will include lectures, problems and questions from the reading material.

METHOD OF GRADING:
1. Exams: 3@ 20%: 60%
2. 2 cases @ 12.5%: 25%
3. "Two minute drills: 8%
4. Ethics questions: 5%
5. Participation and attendance: 2%
Total 100%
SPECIAL NOTES:
1. "Two minute drills". At least once a week, at the end of the lecture, there will be a one-question quiz lasting two minutes. I will count only the top 10 grades. This will constitute 8% of the final grade.

2. At the end of the course, the student will be requested to complete a "Course Survey" form, separate and distinct from any University Evaluation form. This survey helps me in preparing the course for the next time it is offered. For each form returned, 1/n points will be added to the final grade, where "n" represents the number of students enrolled in the course based on the registrar's final class list.

3. The student is permitted and encouraged to tape record lectures for personal study use only.

4. If any student has a particular disability-related need in order to participate in this course, such as special seating, note-taking assistance, use of tape recorders or modified exam conditions, you will need to visit the Disability Resource Office, EN C105A, to arrange for approved accommodations. If you have other information you wish to share with me, such as emergency medical information, or arrangements in case the building has to be evacuated, please tell me as soon as possible.

5. I have developed a phobia: cell phones/pagers/other personal communications devices that go off in class. To maintain good diplomatic relations with me, please turn off all such devices in the classroom. NO EXCEPTIONS UNLESS PREVIOUSLY APPROVED BY ME.
EXPECTATIONS:

A. What you may expect from me:

1. A strong grounding in treasury management

2. A willingness to work with you on specific problems you have with the course or scheduling.

3. A sense of excitement about the field of finance.

B. What I expect of you:

1. Come to class prepared by having read the assigned material and done any outside work assigned.

2. If you know that you will miss a class, a call to me would be appreciated

3. If something does not make sense, you will ask me either in class, in office hours or call me at home.

4. A sense of what is going on in the world of business and finance through a daily reading of the Wall St Journal, sections one and three at a minimum.

C. Profile for success or failure. If you go into an exam behind in the reading and not up with the class discussions, you will probably not be successful. If, on the other hand, you have done the reading and been faithful in attendance, you should have no problem with any exam you get from me.

ASSIGNMENT SCHEDULE
ETM: Essentials of Treasury Management

Subject to modification based on class progress at the discretion of the instructor

Date
Topic
Assignment
Remarks
Jan 25

Introduction

Financial Regulatory Environment

 

 


ETM Chapter 2
 
Feb 01 Role and Organization of Treasury Management

Treasury Policies and Procedures

ETM Chapter 1 plus pages 475/476
ETM chapter 16


 
Feb 08

Financial Risk Management

Managing relationships with Service Providers

ETM Chapter 9

ETM Chapter 3

 
Feb 15

Financial Accounting and Reporting

Financial Planning and Analysis

 ETM Chapter 4

ETM Chapter 5

 
Feb 22 Catch-up    
Mar 01

Exam I

Introduction to Working Capital Management

 

 

ETM Chapter 6
  
Mar 08

Working Capital Tools

Case Study: Allen Distribution Co

ETM Chapter 7   
Mar 15 Cash Management and Forecasting


 ETM Chapter 8  
Mar 29 Catch-up

    
Apr 05

Exam II

Payment systems, Collections and Disbursements

 

ETM Chapter 10
 
Apr 12

Money Markets, Short Term Investing and Borrowing

Capital Markets

ETM Chapter 11



ETM Chapter 12

  
Apr 19 Financial Decisions and Management
ETM Chapter 13

   
Apr 26

Capital Structure and Dividend Policy

Operational and Enterprise Risk Management

ETM Chapter 14

ETM Chapter 15

  
May 03

Case Study 2: Hampton Machine Tool Co


 
May 10 Information Technology in Treasury


Review
ETM Chapter 17    
May 17 Final Exam 1930-2130  
Note on Case Studies: The write up should be a maximum of 3 pages and contain: Statement of the problem; Assumption made that are NECESSARY to your solution (assuming that there is no problem is not acceptable) along with a justification for the assumption; Solution.
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Handouts