Introduction to Finance
Spring 2016
Tuesdays and Thursdays 9:20 to 10:10 or 10:45 to 11:35

Attend either lecture but must take the third exam at your scheduled time

Stephen G. Buell
421 Rauch Business Center


Office Hours:
Mondays and Wednesdays 1:30 - 3:30 and by prior appointment

Teaching Assistants:
Amy Eremionkhale (
Bita Fayaz (

Fridays 9:10, 10:10, 11:10, 11:10 (RBC 141), 12:10, 12:10 (RBC 141), 1:10, and 2:10 (all RBC 61)

Besley, Scott and Eugene Brigham, CFIN, South-Western. OR Essentials of Managerial Finance by Besley and Brigham, 12th, 13th or 14th editions are all OK.

Web Page:
The web page contains 45 semesters worth of X-Problems, required notes on five key topics, PowerPoint slides that may be helpful for note taking, and a tutorial on how to use the HP 12C financial calculator.

95% of the course grade is determined by the equal weighting of your three highest curved scores on the three mid-term exams and the two-hour final exam. If you miss an exam for any reason, you forfeit the opportunity to have your lowest exam score dropped, and your average will be based on the other three exams. If you are satisfied with your grade after the three mid-term exams, you do not need to take the final exam. Therefore, you should make every effort to take all three mid-term exams.

5% of the course grade is determined by participation and attendance in recitationThere are absolutely no exceptions.

Course Policies:
The final exam is comprehensive in nature and serves as the ONLY make-up for any missed mid-term exam. The final exam is required of any student who misses any mid-term exam. In the unlikely event that two mid-term exams are missed, a grade of zero will be recorded for one of them. With over 300 students, there are no make-ups for any missed midterm exam other than the final exam. This includes illness, job interviews, weddings, 4:00 conflicts. To ensure consistency, all questions regarding the grading of an exam problem must be raised within one week following the return of the exam and will be decided by the TA who graded the problem. There are no exceptions to this rule.

The reading assignments should be completed prior to lecture, and the written problem assignments should be completed prior to recitation.

All students are required to bring and be able to use a financial calculator for exam problems. If you do not already have a financial calculator, the HP12C is recommended. The HP10BII is a cheaper and inferior (but adequate) alternative.

Course Learning Objectives:
The four primary learning objectives of the course are:

Statement of Guiding Principles:
Lehigh University endorses The Principles of Our Equitable Community ( We expect each member of this class to acknowledge and practice these Principles. Respect for each other and for differing viewpoints is a vital component of the learning environment inside and outside the classroom.