Adjunct Meeting5/4/2014

Finance Curriculum

• My observations• Students especially traditional students are distracted.• TAP students are tired.• TAP students are sometimes high maintenance.• Every class has a problem child.• Students will portray neediness and an inability to do technological tasks.• Students procrastinate.

• Our Needs• Develop a program that provides the tools for decision-making• Develop a broader set of curriculum choices• Develop an online option for elective courses• Provide a mechanism that brings traditional and non-traditional students

together• Strengthen our expectations for on-time work

Current Finance Curriculum

• Core courses• BUA108 Financial Analysis for Managers• BUA321 Business Finance

• Electives• BUA450 Financial Planning• BUA325 Investment Analysis• BUA350 Portfolio Management

• MBA• FIN630 Managerial Finance

Proposed Curriculum• Core Courses

• BUA108• BUA321

• Finance Elective Courses• **BUA325• **BUA350• BUA450• Risk management• ***ST Finance• ***Intermediate Finance• Financial Ratio Analysis• Money and Banking• Taxation • Teams and Groups• Leadership• Entrepreneurship

** Investment TrackBUA325BUA350BUA450Risk MGTMoney and BankingTaxationTeams and GroupsEntrepreneurship

*** Corporate Finance TrackRisk ManagementST FinanceIntermediate FinanceRatio AnalysisTeams and GroupsEntrepreneurshipLeadershipBUA325

Flipped Classrooms

• The concept is to get students to do a majority of the class prep before class by watching lecture videos.• In class we can then concentrate more on problems etc.• All quizzes are online.• Homework is designated as offline and online.• The challenge is to keep the classroom moving and still provide opportunity for

students to interact.• This is easier for adult students than traditional students.• Currently no real way of knowing if students are actually preparing prior to class.• Developing the Classroom experience is a team effort.

Team Effort

• Flipped class content• We need to develop communication to discuss

• Material to be included• Presentation of the material

• Online courses• What courses to develop• How do we train adjuncts to teach in this format

• Additional adjunct faculty• Who wants to teach online?• We will need more

Websites• Tmcfinancenotes.weebly.com (student site)

• No password (yet)• Finance tab

• Has the individual course sites • “What is a Flipped Class”• Websites

• Site for interesting websites for use in the class• In development

• Problem Solution Videos• A compilation of excel solutions to finance problems• Partially completed

• Tmcbusinessfaculty.weebly.com• Password protected• Finance tab for instructor files• Meeting tab for adjunct meeting documents

BUA108 Financial Analysis For Managers• Beginning introduction to Accounting and Finance• Use two textbooks• Students here are very stressed out (adult students only)• The idea is to introduce the student to basic concepts.• The class is flipped.• Students should come to class with a laptop and the study guides for

the chapters downloaded.• Homework and quizzes are open book.

BUA321 Business Finance• Core course• Flipped class• There is a difference between adult and traditional students.• Mostly experience.• Harder to get traditional students to advance experiential input.

• A more difficult class due to the quantitative nature.• We will use the excel workbook in class and for the assignments. • The online LMS is MyFinanceLab.• Starting Fall 2014 a new edition will be used.

BUA325 and BUA350

• This is going to be a big change moving forward.• We will use one textbook for both classes.• The new textbook has been chosen.• Modules etc are being worked on

• The classes are taught sequentially at both campuses.• A portfolio simulation game will be played for this class.• The LMS is Connect by McGraw-Hill.• It is very difficult to find a current textbook on portfolio management

and investment theory for undergrads.

BUA450 Financial Planning

• Currently only taught to Adult students.• A flipped class with no LMS.• An exploration of the student’s current financial preparation.• I try very hard to avoid a “solicitation” feel.

Additional Information• Attendance

• Must take every night online through the MyTMC system• Students cannot miss more than 1 class.• If a student says one of the CAPE people said it is up to you, it is not.• They must be administratively withdrawn

• Missing classes• You cannot miss classes.• If you must miss a class, you must call me and we can try to arrange a way to make up the class.• If we work together, we can cover for each other and not mess up the students (or our contracts) too

badly.

• Contracts• You should have a contract before you start the class.• If you do not, please let me know.

• End of class summary • New requirement.• To get information about best teaching practices, this will assist.• I will send this document to you.• When you finish the class, submit via email to me.• More to come.