SYLLABUS INSTITUTION: Golden Gate University (GGU) – Graduate Level – Ver.1.3 COURSE: FI 300A: Managerial Finance (Fall 2009) – Xpress ID 7578 – 3 Units TEXT/GUIDE: Financial Management: Theory and Practice, 12th Edition Eugene F. Brigham and Michael C. Ehrhardt ISBN-13: 978-0-324-42269-6 and ISBN-10: 0-324-42269-2 South-Western Cengage Learning, 5191 Natorp Boulevard, Mason, Ohio, 45040 Serial Number: PG5GP9PPPGRC88 http://tobsefin1.swlearning.com INSTRUCTOR: Professor Lawrence A. Souza, CRE/FRICS/CCIM Principal – Real Estate and Financial Economist/Advisor Johnson/Souza Group, Inc.

42 Jersey Street, San Francisco CA 94114 Cell: 415-713-0213 and Office/Fax: 415-826-2216 E-mail: Lsouza@johnsonsouzagroup.com Website: www.the-commercial-group.com

MEETINGS: Thursday First September 3rd – Final December 17th, 2009: 6:50 - 9:30 PM Last Day to add Sept 14th, drop with refund Sept 20th, drop to audit Nov 9th. Holiday: Thursday November 26th (Thanksgiving) Room TBD

536 Mission Street, San Francisco CA 94105 OFFICE HOURS: Thursdays 5:30 PM - 6:30 PM

By Appointment (536 Mission Street, San Francisco CA 94105) Room TBD Phone Number During Office Hours: (425-713-0213) RESOURCES: Cyber Campus: www.ggucybercampus Please present a signed cover page by second class meeting. https://www.ggu.edu/student_services/classroom_guidance_student_resources/atta

chment/Student+Guide+to+Academic+Integrity.pdf A Writer’s Reference by Diana Hacker http://dianahacker.com/writersref/resdoc.html http://internet.ggu.edu/university_library/ http://www.ggu.edu/cybercampus/FreeDemo http://www.Turnitin.com Writing Center (415-442-7299) Student Services Center, 40 Jessie Street, 3rd Floor, Room 332; Writing Lab Room 1331 in Library

http://www.ggu.edu/student_services/caps/learning_support_services/writing_lab/about_us_writing_lab

Live/Online Writing Lab/Tutors (OWL) http://www.ggu.edu/academic_programs/division_general_ed/english_communications/online_writing_lab

Research/Library (415-442-7244 and 1-877-448-8542) http://www.ggu.edu/university_library/

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PREREQUISITES: Please present unofficial/official transcript or report card.

• ACCTG 201 Accounting for Managers: Financial statement analysis, financial accounting concepts and principles and managerial cost systems.

• MATH 240 Data Analysis for Managers: Data analysis in managerial

decision making. Spreadsheet applications and add-ins applied. Data analysis, descriptive and inferential statistics, regression analysis, model building and time series modeling.

Other Courses: Not required but valuable. Financial and Managerial

Accounting for Management Decision-Making; Principals of Microeconomics and Macroeconomics); Capital Markets and Budgeting, Investments and Financial Institutions; Elements of Statistics for Business and Economics, Econometrics and Quantitative Data Analysis.

Please Understand/Read Syllabus and Hand In Signed/Dated Front Page:

GGU Standards of Academic Integrity (AI*). This is your acknowledgement that you have reviewed and understand the syllabus requirements and the standards of academic integrity, and that you are responsible for these requirements and standards reflected by your signature.

PHONE: At Work from 9:00 AM to 5:00 PM Monday - Friday Cell: (415) 713 - 0213 Fax: (415) 826 - 2216 E-MAIL/WEBSITE: GGU Cyber Campus: www.ggucybercampus (PowerPoints, Spreadsheets, Etc.) lsouza@johnsonsouzagroup.com (Identify the Class and Name in Subject Line) www.the-commercial-group.com (See Resources page) Course Description FI 300A – SF1 – Managerial Finance introduces principles of financial management at the strategic business unit, department and divisional level of the firm. The focus is on capital budgeting, planning and control decisions. Specifically fund allocation across the capital structure utilizing the universe of capital market investment instruments and tools, and techniques and financial and operation reporting methods and techniques to monitor and evaluate performance. Liquidity, cash management, and daily accounting controls by financial managers will be explored. Memos, mini-reports/homework, case analysis and exams are used for academic and professional skills development. Prerequisites for the course are:

• ACCTG 201 Accounting for Managers: Financial statement analysis, financial accounting concepts and principles and managerial cost systems.

• MATH 240 Data Analysis for Managers: Data analysis in managerial decision making. Spreadsheet applications and add-ins applied. Data analysis, descriptive and inferential statistics, regression analysis, model building and time series modeling.

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FI 300A is an introductory graduate level course in financial analysis and management modeled after courses developed and delivered at top universities across the U.S.: Stanford, Harvard, Wharton, Berkeley, MIT, Chicago, London School, etc. This course is the foundation for future course work in corporate finance, investments, intermediate financial management, financial institutions, financial statement analysis, capital budgeting, long-term financing, working capital management, bank and thrift management, and real estate finance, investment analysis and valuation/appraisal. This course will focuse on contemporary finance theory and applied techniques used by financial economists, managers and analysts. This course will also intuitively look at how to integrate the interrelationships between business and economic conditions into interest and discount rate and (intrinsic) asset value and price forecast methods, and anticipated and unanticipated effects of fiscal and monetary policy on short-term and long-term investment and portfolio allocation decisions. Topics recommended for additional study beyond course content are: raising of debt and equity funds at minimum cost and risk, timing of capital issuance, allocation of funds among short- and long-term durations, working capital and cash management techniques, asset and product capital budgeting decisions, long-term capital structurig in volatile markets, corporate and government fixed-income securities analysis, and dividend and leverage policy. The text for this course is Financial Management: Theory and Practice, 12th Edition by Eugene F. Brigham and Michael C. Ehrhardt. Requirements for the course include selected introductory chapters while simultaneously working problems sets from the accompanying Study Guide, taking exams, reading current business and finance news (Financial Times -- www.ftnewspaper.com; and/or Wall Street Journal -- www.wallstreetjournal.com), and writing weekly memos forecasting stock, bond, real estate, commodities or other alternative assets trading in the capital markets. This course is an introduction to financial management theory and its applications, but will also be keeping up and applying relevant current economic and capital market events. The goal of this course is to give the student a solid foundation in the core competencies and applications in contemporary finance and financial economics, preparing the student for future graduate and post-graduate studies and professional approaches to: financial reporting and analysis, financial modeling, management control systems, capital budgeting and long-term financing, working capital management, mergers and acquisitions, venture capital and entrepreneurship, financial strategy and value creation, financial analysis of industries and competitors, investments, international corporate finance, fundamental securities analysis, derivative markets and instruments, financial engineering and risk management, advanced options pricing theory and applications, portfolio management, technical analysis of securities, bank and thrift management, tax and retirement planning, business valuation, business development, real estate finance and investment. Course discussions will include topics and try to answer answer questions such as: • What is the capitalist market system and how does it work compared to other global systems? • What affect does low/rising U.S./Global savings rates have on the capital markets? • How do monetary and fiscal policies affect the capital markets and capital market instruments? • What affect do federal deficits and national/corporate debt have on interest rates and required rates

returns, costs of capital, and discount rates? • What causes interest rates or yields for corporate and government debt to rise and fall?

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• How has the institutional framework of the financial system change through out the 70s, 80s, 90s, and 00s?

• What are business, credit/capital market cycles? Fluctuations in interest rates and yield curves. • What are the capital markets? Debt, Equity, Commodities, Real Estate, Etc. • What is the definition of capital markets and how do you value capital market instruments? • What is the affect of inflation and disinflation expectations on capital market instruments? • What is financial management, how is it used and who uses it? • What is financial innovation and risk management? • What is the definition, causes and measurement of volatility (risk in the capital markets)? • How do you measure expected/excess return on financial instruments? • What are risk-adjusted returns? Why are they important as a risk-averse investor?

Specific Topics Topics targeted for discussion in this course:: • Statistical Review: Beta, Correlation, Covariance, Variance, Standard Deviation, Mean/Median • Forecasting Interest Rates: Term Structure of Interest Rates and Yield Curve Theory • Financial Markets and Institutions (Macro/Micro Prudential) • Applied Financial Management (Corporate, Business, Finance, Marketing and Operations) • Analyzing Financial Statements (Income Statement, Balance Sheet, Cash Flow Statement) • Cash Flows (NOI, EBITDA, Earnings, Dividends) • Time Value of Money (Present and Future) • Stock, Bond, Real Estate, Commodity Price/Intrinsic Valuation (Bid-Ask Spreads) • Capital Budgeting/Discout and Growth Rate Determination – NPV/IRR/MIRR Other related, but optional topics, that may be briefly discussed or mentioned: • Weighted Average Cost of Capital (WACC)/Optimal Capital Structure (Minimum + M&M Theory) • Multinational financial management techniques (global capital markets, flows and currency) • The use of derivatives and risk management techniques (Futures, Forwards, Options, SWAPS) • Hybrid financing techniques (Structured Products and Convertibles) • Mergers and Acquisitions, Leverage Buy Outs (M&A/LBO), and Venture Capital • Taxes (Corporate and Personal)

Course Design FI 300A - SF is designed to introduce graduate business and public administration, marketing and advertising, information systems and project management, accounting and tax, economics, finance, banking and real estate majors for professional careers in both direct (private) and indirect (public) financial and government institutions, and business and entrepreneurial enterprises. The course will be taught on three levels: 1) traditional management procedures and techniques (homework and problems); 2) written exams in fundamental capital market, firm and securities product analysis; and 3) mini case studies, memo reports and presentations.

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FI 300A - SF: Financial Management Theory and Practice Fall 2009 Schedule: (15 Meetings) Thursday Sept 3rd, 2009 (1): Introduction & Course Overview Course Introduction and Expections Lecture: Statistics, Accounting, Finance and Economics Review Assessment-Test: Statistics, Accounting, Finance and Economics Thursday Sept 10th, 2009 (2): Chapter 1: Overview of Financial Management* (FC) Assessment-Test Review (Hand in Take-Home Component)

Handout Homework #1 Thursday Sept 17th, 2009 (3): Chapter 2: Time Value of Money** (FC) Memo I Due Thursday Sept 24th, 2009 (4): Chapter 3: Financial Statements, Cash Flow and Taxes* (FC) Homework #1 Due + Quiz I Review

Thursday Oct 8th, 2009 (5):Quiz I: Chapters 1 – 3

Thursday Oct 1st, 2009 (6): Quiz I Review Chapter 6: Risk, Return and Capital Asset Pricing Model (IL) Chapter 10: The Cost of Capital (IL) Chapter 16: Capital Structure, The Basics (IL) Memo II Due + Handout Homework #2 Thursday Oct 15th, 2009 (7): Chapter 4: Analysis of Financial Statements*(FC) Homework #2 Due Thursday Oct 22nd, 2009 (8): Chapter 5: Bonds, Bond Valuation and Interest Rates** (FC) Memo III Due + Handout Homework #3 Thursday Oct 29th, 2009 (9): Chapter 8: Stocks, Valuation and Market Equilibrium** (FC) Homework #3 Due + Midterm II Review

Thursday Nov 19th, 2009 (10): Mid-Term II – Chapters 4, 5, 8

Notes: (FC) Full Coverage and (IL) Intuitive Look at subject with brief class room discussion with no chapter assignment. Will be discussed in detail in intermediate course. * Important and **Very Important chapters, all homework and exam problems will be taken from these chapters.

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Thursday Nov 5th, 2009 (11): Chapter 11: Basics of Capital Budgeting** (FC) Midterm II Review Memo IV Due + Handout Homework #4 Thursday Nov 12th, 2009 (12): Chapter 12: Cash Flow Estimation and Risk Analysis**(FC) Homework #4 Due

Thursday Nov 26th, 2009: No Class – Thanksgiving Holiday Thursday Dec 3rd, 2009 (13): Chapter 14: Financial Planning and Forecasting Financial Statements* (FC) Memo V Due + Handout Homework #5 Thursday Dec 10th, 2009 (14): Chapter 22: Working Capital Management* (FC) Homework #5 Due + Final Exam Review Thursday Dec 17th, 2005 (15): Final Exam Chapters 1-5, 8, 11-12, 14, 22 Grading and Assignments Homework and Exams There will be assigned homework/memos, one quiz, midterm and comprehensive final exam.

Percent of

Requirements Total Grade Total Points

Memos (#1 - #5) (20 pts each)

Homework (#1 - #5) (50 pts each)

10.0%

25.0%

100

250

Quiz 15.0% 150

Midterm 20.0% 200

Final 30.0% 300

Course Total 100.0% 1000

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Course Grading Scale*: 1000 – 930 points = A 850 – 830 points = B 750 – 730 points = C 650 – 600 points = D 920 – 900 points = A- 820 – 800 points = B- 720 – 700 points = C- 590 & below = F 890 – 860 points = B+ 790 – 760 points = C+ 690 – 660 points = D+ *The scale reflects the total points needed to receive the above grade in this course. Other Class Policies The structure of this class makes your individual study and preparation outside class extremely important. The lecture material will focus on the major points introduced in the text and/or other material. Reading the assigned chapters before the lecture will assist your understanding. It is necessary that you bring your financial calculator (HP10B/12C/Etc.) to every class and exam. Written Assignment Guidelines Written assignments are to be typed, double spaced and spell and grammar checked. Assignments are to be one –to- two pages long, with the article attached/pasted on a sheet of paper to the back of the memo. For example, since November 2007 there has been reports from the Fed, Wall Street firms, financial institutions, econometric and consulting firms, and other local and regional economic research firms indicating that the economy has peaked, declined and is bottoming: negative or below trend GDP growth rates, excess capacity utilization, de-or-dis inflation, contraction then rapid expansion in the money supply, falling (rising) employment (unemployment) rates, negative-low employment growth rates, falling-low retail sales, negative-low business investment, negative-low construction levels, negative-low home building permits, starts and construction, etc. You are concerned with this activity domestically and in an international context. Building your case with these current or recently announced business and capital market condition indicators, explain where you think inflation and interest rates (yield curve) are going, both long and short-term, and what affect they will have on the bond, stock and real estate markets, and the ability to raise and invest capital in the capital markets at a positive spread (IRR – WACC = +/- Spread). These assignments require that you to copy, read and synthesize significant articles regarding economic and capital market indicators for your (intrinsic) valuation/price analysis. You are required to attach these articles to your analysis, and submit them with your analysis. These articles should help you solve capital market and investment decisions. The goal of the written assignments is for you to apply real life (applied) financial economic policy decisions surrounding asset value, price, return and cost of capital , those similar to what a chief executive of a major firm would make. Full credit will be given to those assignments that successfully apply contemporary monetary and financial policy analysis and theories, along with the Writing Guidelines. If papers do not meet these requirements, at graduate level writing and presentation standards, they will be downgraded significantly. Papers will be returned and will not be accepted until they have been gone through and approved by the GGU Writing Center, meeting the minimum academic and business professional writing requirements and standards.

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Severe penalties will be applied to those papers lacking financial economic and capital market theory logic. The student is encouraged to find mentors outside of the class to help them reach their writing goals (Writing Center, Et.Al.). WRITING EVALUATION GUIDELINES 1. Thesis Is there a thesis statement? Is there a controlling idea? Is the thesis statement clear? Is the thesis workable? 2. Topic Sentences and Paragraphs Does each paragraph have a topic sentence? Does each paragraph have a controlling idea? Does each paragraph support the thesis? Are the paragraphs clear? 3. Support Is there enough support for the thesis? Does each paragraph support the topic sentences? Is it concrete, detailed, specific? 4. Introduction/Conclusion Does the introduction gain attention? Does it announce the topic? Is the conclusion satisfactory? Is it memorable? 5. Transitions Are transitions present? Are they smooth? 6. Grammar/Spelling/Word Usage Are there any awkward, unclear sentences (words)? Are the tenses consistent? Are agreements and endings correct? Is there sentence variety? Is the passive voice, compared to the recommended active, voice overused? Are there more words than necessary? Are spelling and punctuation correct? Are the pronoun references clear?

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Other Resources Licenses and Certifications: American Institute of Public Accountants (AICPA) - Certified Public Accountant (CPA) http://www.aicpa.org/ Schweser: http://www.schweser.com Becker CPA Review: http://www.beckercpa.com/ Uniform CPA Examination: http://www.cpa-exam.org/ Exam Matrix: http://www.exammatrix.com California Department of Real Estate (DRE) - Real Estate Brokers/Sales License http://www.dre.ca.gov/ Real Estate Trainers: http://www.retrainersca.com Kaplan/Anthony Schools: http://www.kaplanprofessionalschools.com/california/ California Department of Insurance - Life/Property Insurance Brokers/Sales License http://www.insurance.ca.gov/ Insurance School of California: www.52hours.com Kaplan Financial: http://www.kaplanfinancial.com CFA Institute - Chartered Financial Analyst (CFA) http://www.cfainstitute.org Schwester: http://www.schweser.com/cfa/index.php Stalla: http://www.stalla.com/index.cfm St. Mary's MS Financial Analysis & Investment Management: http://www.stmarys-ca.edu University of San Francisco Executive MS in Financial Statement Analysis: http://www.usfca.edu/artsci/grad/financial_analysis/index.html Financial Industry Regulatory Authority (FINRA) Registered Representative (Series #7), Registered Investment Advisor (Series #66), General Securities Principle (Series #24). Other Licenses: Commodity Futures (Series #3), and Registered Options Principle (Series #4), Research Analyst (Series #86), Corporate Securities Limited Representative (Series #62)/Equity Trader Limited Representative (Series #55)/Registered Options Representative (Series #42), Financial and Operations Principle (Series #27) http://www.finra.org PassPerfect: http://www.passperfect.com Securities Institute: http://www.securitiesce.com Compliance/Examination: http://www.prometric.com Pamela Smith Seminars/Exam Prep: http://www.psssinc.com United States Government Websites: http://www.dof.ca.gov/html/demograp/DRUHPAR.HTM U.S. Department of Labor http://www.dol.gov/ U.S. Bureau of Labor Statistics http://stats.bls.gov/ U.S. Bureau of Economic Analysis http://www.bea.doc.gov/ United States Chamber of Commerce http://www.uschamber.org/default.htm

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Environmental Protection Agency http://www.epa.gov/ Securities Exchange Commission http://www.sec.gov/ EDGAR (SEC) Filings (REITs/REOC) http://www.sec.gov/edgarhp.htm Economic Websites: American Economic Association http://www.vanderbilt.edu/AEA/index.htm Economy.com http://www.economy.com Bureau of Economic Analysis (BEA) http://www.bea.doc.gov/ Bureau of Labor Statistics (BLS) http://stats.bls.gov Census Economic Briefing Rooms http://www.census.gov/cgi-bin/briefroom/BriefRm Confrence Board http://www.tcb-indicators.org/ Council of Economic Advisors http://www.whitehouse.gov/administration/epo/cea Department of Commerce http://www.commerce.com Economic Cycle Research Institute (ECRI) http://www.businesscyle.com Economic Information Systems http://www.econ-line.com/ Economic Research.com http://www.economicsearch.com/ FedStats.com http://www.fedstats.gov/ Federal Reserve Board of Governors http://www.federalreserve.gov

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Florida Research and Economic Database (FRED) http://fred.labormarketinfo.com Economic Research Federal Reserve St. Louis http://research.stlouisfed.org/fred/ National Association of Business Economists http://www.nabe.com/ National Association of Realtors http://nar.realtor.com Social Science Research Network http://www.ssrn.com/ Stat USA Internet http://www.stat-usa.gov/ UCLA Forecasting Project http://www.anderson.ucla.edu/research/forecast/ Financial Institutions: American Bankers Association http://www.aba.com/default.htm Federal Deposit Insurance Corporation (FDIC) http://www.fdic.gov/ Federal Home Loan Bank http://www.fhlbanks.com/ Federal Housing Finance Board http://www.fhfb.gov/ Fannie Mae http://www.fanniemae.com/ Freddie Mac http://www.freddiemac.com/ Ginnie Mae http://www.ginniemae.gov/ Federal Reserve Bank System, Board of Governors http://www.bog.frb.fed.us/ Federal Reserve Bank of Atlanta http://www.frbatlanta.org/

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Federal Reserve Bank of Boston http://www.frbchi.org/ Federal Reserve Bank of Cleveland http://www.clev.frb.org/ Federal Reserve Bank of Dallas http://www.dallasfed.org/ Federal Reserve Bank of Kansas City http://www.kc.frb.org/ Federal Reserve Bank of Minneapolis http://woodrow.mpls.frb.fed.us/ Federal Reserve Bank of New York http://www.ny.frb.org/ Federal Reserve Bank of Philidelphia http://www.phil.frb.org/ Federal Reserve Bank of Richmond http://www.rich.frb.org/ Federal Reserve Bank of San Francisco http://www.sf.frb.org/ Federal Reserve Bank of St. Louis http://www.stls.frb.org/ U.S. Treasury Department, Comptroller of the Currency http://www.ustreas.gov/ http://www.occ.treas.gov/ Institutional Real Estate Investment Research and Management: AEW Real Estate Investment Management http://www.aew.com Callan Associates (Mercer) http://www.callan.com Center for Investment Research http://www.investmentresearch.org/ Counselors of Real Estate (CRE) http://www.cre.org/ Heitman Real Estate Investment Advisors

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http://www.heitman.com Institute of Real Estate Management http://www.irem.org/ Institutional Real Estate Inc. (IREI) http://www.irei.com/ Jones Lang Lasalle (JLL) http://www.joneslanglasalle.com National Association Real Estate Investment Management (NAREIM) http://www.nareim.org/ National Council of Real Estate Investment Feduciaries (NAREIF) http://www.ncreif.org/ Prudential Investment Management: Real Estate Investors (PREI) http://www.investmentmanagement.prudential.com/view/page/pimcenter/700 Pension Real Estate Association (PREA) http://www.prea.org/ RREEF Alternative Investments http://www.rreef.com/cps/rde/xchg/ai_en/hs.xsl/index.html UBS Global Real Estate http://www.ubs.com/1/e/globalam/gre.html Mortgage Backed Securities: ARCS Commercial Brokerage http://www.arcscommercial.com/ Bond Market Association http://www.bondmarkets.com/research/RQ717.shtml Commercial Mortgage Securities Association (CMSA) http://www.cmsaglobal.org/ Commercial Mortgage Alert http://www.cmsalert.com/index.php/ Federal Home Loan Bank http://www.fhlbanks.com/ Federal National Mortgage Association (Fannie Mae) http://www.fanniemae.com/

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Freddie Mac http://www.freddiemac.com/ Government National Mortgage Association (GNMA) http://www.ginniemae.gov/ Markit - CMBX Index http://www.markit.com Mortgage Bankers Association (MBA) http://www.mortgagebankers.org National Mortgage News http://www.nationalmortgagenews.com/ International: Acadametrics http://www.acadametrics.co.uk Amnesty International http://www.amnesty.org Association of Foreign Investors in Real Estate (AFIRE) http://www.afire.org Bank of International Settlements (BIS) http://www.bis.com Bank of England http://www.bankofengland.co.uk/ Barclays Global http://www.barclays.co.uk/ British Broadcast Corporation (BBC) http://www.bbc.com Bloomberg News http://www.bloomberg.com Der Spiegel http://www.spiegel.de/international/ Economist Intelligence Unit (EIU) http://www.eiu.com Ernst & Young http://www.ey.com/global/content.nsf/International/Home

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Europe Real Estate http://www.europe-re.com/ European Central Bank (ECB) http://www.ecb.int/home/html/index.en.html Financial Times (FT) http://www.ftnewspaper.com Fortis Investment Management http://www.fortisinvestments.com FTSE Group (FTSE) http://www.ftse.com IPE Real Estate http://www.ipe.com/realestate/ International Herold Tribune http://www.iht.com International Monetary Fund (IMF) http://www.imf.org International Real Estate Digest (IRED) http://www.ired.com International Real Estate Federation (IREF) http://www.fiabci.com International Real Estate Society (IRES) http://www.iresnet.net Investment Property Databank (IPD) http://www.ipd.com International Securities Exchange (ISE) http://www.ise.com Jones Lang LaSalle http://www.joneslanglasalle.com Le Figaro http://www.lefigaro.fr/international/ Le Monde Diplomatique http://mondediplo.com Organization for Economic Cooperation and Development (OECD) http://www.oecd.org

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OXFAM International http://www.oxfam.org Property Finance Europe http://www.pfeurope.eu/ Realty Guide International http://www.xmission.com/~realtor1/ Reuters News Service http://www.reuters.com/ REFIRE Intelligence Report http://www.refire-online.com/ Royal Institution of Chartered Surveyors (RICS) http://www.rics.org UBS Global Real Estate http://www.ubs.com/1/e/globalam/gre.html United Nations http://www.un.org/esa/index.html World Bank http://www.worldbank.org/ World Economic Forum http://www.weforum.org/en/index.htm

Updated: Thursday, August 06, 2009

______________________

*Academic Integrity

Standards of Academic Integrity A Guide for GGU Students

What is academic integrity and why does the University consider it important?

Academic integrity means doing academic work in a manner that • strives to achieve the learning goals of courses and assignments • conforms to rules and procedures set by instructors • adheres to ethical practices in taking tests and doing assignments • respects intellectual property rights by fully disclosing sources of information that

appears in your assignments.

Academic integrity ensures that you get the education you are working and paying for. Academic integrity maintains the good reputation of the University and guarantees the value of your GGU degree for the rest of your life. Academic integrity and accepted forms of research and documentation are inseparable from the educational experience at GGU, and indeed are ingrained in ethical business and professional practices as they are taught in our programs. All American universities adhere to similar standards and require the same practices of academic integrity. GGU provides many resources and services that assist you in learning the required research and documentation skills.

What is academic dishonesty?

Academic dishonesty is the failure to maintain academic integrity. Academic dishonesty includes both cheating and plagiarism. Academic dishonesty is a substitute for learning, and therefore violates the purpose of a student’s relationship to the University.

What is cheating?

Cheating is the act of obtaining (or attempting or helping to obtain) credit for academic work through any dishonest, deceptive or fraudulent means.

Here are some forms of cheating:

• Copying from someone else’s quiz, test or exam, or letting someone copy from yours. • Getting or giving help or answers during a quiz, test or exam. • Using or providing prohibited sources, materials or devices during a quiz, test or

exam. • Having someone else do your work, or you doing theirs. • Obtaining unauthorized prior knowledge of an exam. • Submitting work previously presented in another course, unless specifically allowed

by the instructor. • Assuming or presenting a false identity. • Altering or interfering with a grade. • Removing, defacing, hiding or deliberately withholding library books or other

materials from other students. • Sabotaging or stealing another person’s assignment, book, paper, notes or project.

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What is plagiarism? Plagiarism is using the work of another person in a way that suggests to a reader, viewer, or listener that the work is your own. Plagiarism includes copying and using material from the Internet, printed materials, radio or TV broadcasts, live speeches, panels, interviews or from any other source without proper citation. These are some forms of plagiarism: • Copying another person’s work, even just a few words, without citing it properly • Paraphrasing (putting in your own words) the work of another person without citing it

properly • Using equations, charts, tables, figures, diagrams, illustrations or artwork, without

citing the source You can use other people’s work in your papers and projects, but it must be properly cited.

How can I avoid plagiarism?

Any time you copy, paraphrase or summarize words or ideas from other sources you must cite each source with in-text parenthetical citation and a list of references. Inserted in this guide is a page of simple instructions on how to do it, called Just 4 Rules, and another page listing 6 Free Resources on research and documentation.

How should I cite sources in oral presentations?

In oral presentations, you should say the name of an author when quoting or paraphrasing, and distribute a written list of references, as in Rule 4 of Just 4 Rules.

How can a professor tell that a paper has been plagiarized?

GGU subscribes to Turnitin, a highly effective online plagiarism detection service that identifies copied passages in submitted papers from a huge body of Internet and printed sources. Every faculty member has access to Turnitin. Additional verification resources are provided by the GGU library. An instructor may use these services with our without your knowledge.

What penalties can be imposed on a student who violates academic integrity?

Sanctions are the consequences or penalties imposed on a student for acts of dishonesty. There are two kinds of sanctions: academic sanctions and administrative sanctions. Either one or both types may be imposed for any act of academic dishonesty.

What are academic sanctions and who imposes them? Academic sanctions are the consequences of a violation of academic integrity on a student’s grade or grades in a course, and are the decision entirely of the faculty member teaching the course. Academic sanctions include but are not limited to the following:

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• Requiring the student to redo an examination or assignment done in violation of

standards of academic integrity, or to complete an alternative examination or assignment, or to make up the grade by means of additional work

• Assigning the student an "F" or other reduced grade for the exam or assignment, with no possibility of redoing the work or making up the grade

• Assigning an "F" or other reduced grade for the course. Academic sanctions will be noted in the student’s disciplinary file. In addition to imposing academic sanctions, the faculty member may also recommend the imposition of administrative sanctions.

What are administrative sanctions and who imposes them? Administrative sanctions are concerned with a student’s academic status within the University and are imposed by an academic dean. Sanctions include but are not limited to the following:

• Requiring the student to retake the course and honestly earn a certain grade for it

within a specified period of time. • Suspension from the course for a specified number of terms before it can be retaken. • Suspension or expulsion from the program the student is enrolled in. • Expulsion from the University. • Withholding or revoking the student’s degree.

The student will be notified in writing of any administrative sanctions. A copy of the notification will be placed in the student’s disciplinary file.

Can a student appeal sanctions?

A student may appeal an academic sanction through the grade grievance process. Reversal of the academic sanction by the Committee on Grade Complaints must be based on clear evidence that academic integrity was not violated. A student may appeal an administrative sanction to the vice president for academic affairs. The appeal must be filed in writing within 60 days of the sanction being imposed, and the vice president will respond in writing within 30 days. Reversal of an administrative sanction must be based on clear evidence that academic integrity was not violated or a convincing argument that a particular sanction should not be imposed. The decision of the vice president for academic affairs is final.

For more information on academic integrity, consult the Griffin Student Handbook—log in to GGU4YOU, click on Student Services, click on Student Life, click on Griffin Student Handbook.

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CITE RIGHT:

Just 4 Rules

1. For short passages (usually under 40 words) quoted word for word, “put the quoted material inside quotation marks (like this is), and provide the author, date and page number in parentheses right after the quotation” (Jones, 1999, p. 76). 2. For longer quotations,

Instead of quotation marks, the quoted material gets its own paragraph, and the entire paragraph is indented (given wider margins than the rest of the paper, like this paragraph). Then the author, date, and page number appear in parentheses at the end of the paragraph, and outside the last period. (Jackson, 2003, p. 229)

3. If you use material from another source but change the wording (called paraphrasing), give the author and date in parentheses (Jones, 1999). 4. At the end of the paper, give full bibliographical information for all your sources on a page called References. There are different styles for documenting sources. GGU recommends the APA style, which is used in the social sciences. An instructor, however, may require another style, so ask. APA references (for a website, book and journal article) look like this:

References

Archer, Z. (n.d.). Exploring nonverbal communication. Retrieved July 18, 2001, from http://zzyx.ucsc.edu/~archer

Highmore, B. (2001). Everyday life and cultural theory. New York: Routledge.

Morawski, J. (2000). Social psychology a century ago. American Psychologist, 55, 427-431.

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CITE RIGHT:

6 Free Resources (Live and Online) for GGU Students

1. For detailed information on using and citing sources using APA, MLA, and other styles, consult A Writer’s Reference by Diana Hacker, the textbook used in GGU English composition classes, available in the GGU Bookstore, or consult the free website http://dianahacker.com/writersref/resdoc.html 2. The University Library’s website offers a wealth of information to guide you through the research process. Resources include a sample research paper and detailed information on evaluating and citing sources. Available at http://internet.ggu.edu/university_library/ 3. An online tutorial, Core Research Skills, is designed to help you find, evaluate, and use library and online sources in your projects and papers. In every step of the tutorial, a reference librarian is available to help with specific research needs and questions. The tutorial is free and can be accessed at http://www.ggu.edu/cybercampus/FreeDemo 4. At the Writing Center, located in Room P-25 at the San Francisco campus, you work one-on-one with experienced writing tutors (most of them GGU instructors) who are familiar with the types of writing assignments common in GGU courses. 5. The Online Writing Lab (OWL) offers online writing help to GGU students. OWL tutors help you solve specific problems in the work you submit, and guide you through the writing process. The OWL is available at http://www.ggu.edu/academic_programs/division_general_ed/english_communications/online_writing_lab 6. Ask your instructor about Turnitin.com. Turnitin helps you avoid unintentional plagiarism. When you submit a paper to Turnitin’s website, it searches 4.5 billion pages of web and printed sources, documents any matches, and give you the source for each match. You can then be sure your sources are properly documented. Any instructor can set up Turnitin for his or her students to log in to. In addition, Turnitin’s homepage has research resources available to anyone at http://www.turnitin.com without logging in.

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