COURSE SYLLABUS

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FacultyReviewed by: DEANApproved by:

I. COURSE NUMBER: BE 201A

II. COURSE TITLE: INTRODUCTION TO BUSINESS AND PHILIPPINE FINANCIAL SYSTEM

III. CREDIT UNIT: 3LECTURE: 3LAB:

IV. PREREQUISITE: NONE

V. COURSE DESCRIPTION: This is an introductory course to the world of finance and business. It deals with the nature, rationale, dynamics and types of business. It considers the environment the business enterprise is in: economic, legal-political, social, cultural and physical. It covers the discussion in the different types of business organization, private versus public, sole proprietorship, partnership, corporation and cooperative. It considers likewise the relationship with the government and the effects of statutes and government regulations. It covers the functional areas of business, marketing, operations, finance and human resource management. The second part deals with evolution and function of money, extension and concept of credit and the development of banking and other financial institutions. Finally, it deals with the need for appreciation of information and control and the ethical considerations and social responsibility aspects of business.

VI. COURSE OUTCOMES1. Understand the underlying concept and principles of business, organizations and management.2.Know the difference between real and fake money and;3. Appreciate the importance of accounting in a service concerned business environment.

VII. VALUES INTEGRATION: To instill the value of financial management this includes the awareness of the new Philippine currency and their accountability as consumers and for them to be keen with details.

VIII. COURSE OUTLINE

Course TopicsLearning Outcomes/ CompetencyTeaching Strategy/ Learning ActivitiesAssessment Tasks

PRELIM

Week 1:

A. Subject and Class Orientation1. Course expectations2. Classroom Policies3. Grading System4. Overview of the Subject

Lecture/Classroom Discussion Oral Recitation

Week 2:

A. Business in General1. Development of our Business Culture2. The study of business3. The Attributes of the term business4. Kinds of Business5. Why people go into business6. The choice of a particular business7. Location Factor and Social Values

Understand the fundamental concepts and purpose of going into business. Identify and define the different kinds of business Appreciate the essence of being an employer, not an employee. PowerPoint Presentation Lecture/Classroom Discussion Group Dynamics Quiz Assignment Oral Recitation

Week 3:

B. Theory of Organization in Business and Industry Terminology in Business1. Basic Consideration in Organization2. Underlying Principles of Organization3. Applying the Principles of Functionalism4. The Need of Sound Organization Models5. How to Diagnose Organization Apprehend the different basic consideration in Organization. Identify the different Underlying Principles of Organization. Be oriented on the relevance of applying the Principle of functionalism.

PowerPoint Presentation Lecture/Classroom Discussion Group Dynamics Assignment Oral Recitation

Week 4:

C. Types of Organization1. The Line Type2. The Functional Type3. The Line and Staff Type4. Development in Organization Categorize the different type of Organization Discuss the different types of Organization. Be aware of the importance of Development in Organization PowerPoint Presentation Lecture/Classroom Discussion Group Dynamics Seat Work Quiz Oral Recitation

MIDTERM

Week 1:

D. Ownership and Structural Forms of Business Enterprise1. Types of Ownership in Business2. The Single Proprietorship3. Partnership4. Corporation5. Cooperatives Be oriented about the different types of ownership Distinguish each of the types of ownership Examine the advantages and disadvantages of each of the types of ownership.

PowerPoint Presentation Lecture/Classroom Discussion Group Dynamics Seat work Group exercise Quiz Oral Recitation

Week 2:

E. Organization for Finance1. The Financial Function2. The Different Functions of Banks

Understand the functions of finance. Appreciate the value of money Identify the different functions of banks PowerPoint Presentation Lecture/Classroom Discussion Group Dynamics Assignment Group Exercise Oral Recitation

Week 3:

F. The Budget

1. Purpose of Budget2. Credit Information Know the purpose of budget Manage to make an own budget Be aware of the relevance of credit information PowerPoint Presentation Lecture/Classroom Discussion Group Dynamics Quiz Assignment Group Exercise Oral Recitation

Week 4:

G. Sources of Capital1. Savings2. Loans Identify the different sources of capital Determine how to use borrowed capital Be aware of the basics of saving, investing and borrowing PowerPoint Presentation Lecture/Classroom Discussion Group Dynamics Assignment Group Exercise Quiz Oral Recitation

PREFINAL

Week 1:

H. Philippine Financial System1. History of Philippine Banking2. Bangko Sentral ng Pilipinas Familiarize the history of Philippine banking Discuss vision and mission of Bangko Sentral ng Pilipinas Know the role of Bangko Sentral ng Pilipinas in the Philippines

PowerPoint Presentation Lecture/Classroom Discussion Group Dynamics Seat Work Oral Recitation Assignment

Week 2:

I. The Philippine Monetary Board1. Other Laws Related to Philippine Monetary System

Understand RA 7653 or the New Central Bank Act Determine the unit of monetary values and the issue of means of payment Know the guiding principles of Monetary Administration

PowerPoint Presentation Lecture/Classroom Discussion Group Dynamics Seat Work Quiz Oral Recitation

Week 3:

J. Financial Consumer Protection1. Consumer Rights and Responsibilities2. Consumer Advisories 3. Consumer protection Know the rights and responsibilities as consumers Determine the ways to protect self during bank withdrawals using ATMs Understand the right to use credit cards PowerPoint Presentation Lecture/Classroom Discussion Group Dynamics Oral Recitation Group Exercise

Week 4:

K. Currency Concerns1. Types of Currencya. Unfit currencyb. Mutilated currencyc. Fit currency2. Legal tender3. New Generation Currency notes Determine the different types of currency Explain the importance of legal tender Differentiate fake money from real money PowerPoint Presentation Lecture/Classroom Discussion Group Dynamics Quiz Assignment Group Exercise Oral Recitation

FINAL

Week 1:

L. Financial Managementa. What is Financeb. Intrinsic and extrinsic values Define finance Determine the goal of a firm Differentiate intrinsic and extrinsic values Create an Income Statement

PowerPoint Presentation Lecture/Classroom Discussion Group Dynamics Oral Recitation Seatwork Quiz

Week 2:

M. Financial statementsa. Income statementb. Balance sheetc. Cash flow Understand and explain the importance of Income Statement and Balance Sheet Create a Balance Sheet Create an Income Statement PowerPoint Presentation Lecture/Classroom Discussion Group Dynamics Seatwork Assignment

Week 3:

N. Statement of Changes in Owners Equity

Understand and explain the importance of Statement of Changes in Owners Equity Create a Statement of Changes in Owners Equity

PowerPoint Presentation Lecture/Classroom Discussion Group Dynamics Seatwork Quiz

Week 4:

O. Trial balancea. Closing entriesb. Reversing entries

Understand how Closing entry works. Explain the purpose of Reversing Entries Apply acquired knowledge and create a Post-Closing Trial Balance. PowerPoint Presentation Lecture/Classroom Discussion Group Dynamics Seat Work Assignment

TEXTBOOKS:

REFERENCE BOOKS: BUSINESS ORGANIZATION AND MANAGEMENT 6th Revised Edition by Gutierrez, Pura, Garcia

ONLINE REFERENCES: WIKIPEDIA, BUSINESS DICTIONARY, http://www.bsp.gov.ph/about/governance_mon.asphttp://www.csun.edu/~zz1802/Finance%20303/Lecture-Notes-Mid1.pdf

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