Marksheets!

Marksheets have been made available in respective course folders. Please inform all your classmates to check for mistakes in recording the marks. If anyone finds any problem with his/her records, please email me and my TA immediately with the details. Grades would be assessed based on these marksheets early next week.

These marksheets contain only the raw marks that you originally obtained. All types of bonus marks would be applied before assessment of the grades. Make-up exam scores are colored red and would be deprived of bonus points.

Thanks.

Checking Exam Scripts!

Students may check their exam scripts using the following schedule.

ACT201=> 27-DEC-2010 (Mon) from 9 am to 12 pm.
FIN254=> 28-DEC-2010 (Tue) from 9 am to 12 pm.

Thanks.

Additional Office Hours!

I am planning to be available in my office between 11 am and 1 pm today and between 10 am and 12:30 pm tomorrow.

Thanks.

Q/A Session!

Question 1: Good Morning sir! Aftertax salvage value = s+( bv-s) tax% ... is this formula right?

Answer: According to the book, Aftertax Salvage Value = S.V. - (S.V. - B.V.)*Tax%. But your formula would also work as that is a derived form of the same formula.

Question 2: Can you please clarify us about the final exam syllabus again?

Answer: According to the decisions made centrally by the FIN254 coordination committee, final exam must be comprehensive covering the whole syllabus.

Multiple Choice Questions may be from anywhere, not necessarily from our book as different faculty members use different books in their sections. But as everyone follows same set of topics, you don't need to worry if you cover the things discussed in the class.

As far as problems are concerned I will prepare them considering all the chapters we covered in class. For convenience I am making it simplified - for 100% final exam portion, no problems beyond chapter-10, there will definitely be a large problem from chapter-10, one problem from chapter-8 on stocks, some problems covering time value of money concept and financial statement analysis.

Question 3: Sir, you mentioned about Pretax OCF in the class. If I want to calculate OCF, then I have to deduct taxes from the pretax OCF. Is my concept right, sir? Is pretax OCF same as pretax cost savings?

Answer: You are right! Tax is applied on earnings, not on cash flows. Since we disregard interest expense when evaluating a project, OCF = Net Income + Dep. Exp. = (EBIT - Taxes) + Dep. Exp. So, OCF + Taxes (which is Pretax OCF) = EBIT + Dep. Exp. Now you calculate taxes on EBIT, then deduct taxes from pretax OCF to get OCF.

Yes, in the text books, "pretax OCF", "pretax cost savings", and "savings in pretax operating costs" all have same equivalent meanings. That means, pretax OCF = pretax cost savings = savings in pretax operating costs = OCF + Tax = EBIT + Dep. Exp. = Sales - Costs (excluding non-cash exp). So, whatever following formula you apply, you would end up with the same OCF.
Formula 1 => OCF = EBIT + Dep. Exp. - Taxes
Formula 2 => OCF = NI + Dep. Exp. [Disregarding financing expenses]
Formula 3 => OCF = Sales - Costs - Taxes [Costs exclude all non-cash expenses]
Formula 4 => OCF = (Sales - Costs)(1-T%) + Depreciation*T% [ " ]

Additional Office Hours!

I am planning to be available tomorrow from 10 am to 12:30 pm in my office. Please make use of my office hours and see me if you need any help clarifying difficult concepts.

Thanks.

Invitation to Seminar!

A seminar on "The Art of Designing Drug: A Matrix Approach" has been organized by Dept. of Life Sciences.

Speaker: Dr. A. Quamrul Hassan, Lab Head of Oncology Division, Novartis Institute for Biomedical Research, Massachusetts, USA
Date: 13th December 2010 (Monday)
Time: 4:00 PM
Venue: SAC407

You all are cordially invited to attend the seminar.

No Classes Today!

The Registrar's office has fixed the make-up date for the missed classes to be held on the 9th of December, 2010 (Thursday) as per regular ST class schedule.

++++++++ Previous Post +++++++++

Although there is no official notice by NSU authority, it seems there won't be any classes today due to the country-wide hartal (strike) called by the main opposition political party.

A make-up class date will be announced later.

Online Teaching Evalution!

This is notified for information of all registered students that the Online Teaching Evaluation of Fall 2010 will be conducted online as per following schedule:

Room: Database Lab - SAC510
From: Sunday, 5 December to Wednesday, 15 December 2010
Time: 8:00 AM to 9.00 PM.

Please note that Teaching Evaluation is mandatory for all registered students. Date will not be extended after 15 December 2010.

By order of the Register In-Charge
29 November 2010

Final Exam!

The Registrar's office has published final exam schedule of my sections as follows:

ACT201 => 18-DEC-2010 | 8 am to 9:45 am | Saturday | NAC413 

FIN254 => 22-DEC-2010 | 8 am to 9:45 am | Wednesday | NAC403

Thanks.

FIN254: Math Solution!

Following is a solution to problem 22 of chapter 7.

Eid Greetings!

I would like to wish all my students and others a very happy Eid. May Allah accept our sacrifices and provide ample rewards in Dunya and Akhera.


Eid Ul Azha Mubarak!

An Awareness Campaign!

NSU Earth Club is going to arrange an awareness campaign on use of bicycle among students as CLEMON RIDE FOR GREEN with the slogan of CYCLING KORI, SOBUJ BISSO GORI. The program is sponsored by AKij group. In fact, it is a country wide program including road shows (awareness program) in different places (B. Baria Comilla, Feni, Chittagong, etc.) to aware people about climate change, to make people encourage in cycling and aware about the pollution & traffic jam and its impact on our environment.

Presenters:
Phil Buckley, coordinator, Xperime Adventure, UK.
Sk. Jamil Uddin, Director of Akij Group
Date & Venue: 9th of November, 2010 at OAT801 at 3 pm

Honorable Pro-vice Chancellor will attend the program as Chief guest and Prof. Nurul Amin as special Guest.

You are cordially invited to attend the program and contribute to the awareness campaign.

Invitation to Seminar!

The Department of Career & Professional Development Services (CPDS) cordially invites you all to attend the following seminar of BRAC BANK regarding recruitment of MTO (Management Trainee Officers) position.

Date: 09 November 2010
Day: Tuesday
Time: 11:30 am
Venue: NAC514
Speaker: Head of HR, BRAC BANK

Your participation will be highly appreciated.

Make Up Classes!

This is notified for information of all concerned that there will be no classes on Sunday, 14 November and Monday, 15 November 2010.

According to a resolution of the Coordination Meeting, held on Tuesday, 2 November 2010 at the Vice Chancellor's Conference room, MAKE-UP of the above classes will be held as per following schedule:

Classes of Sunday, 14 November 2010, will be made up on Thursday, 2 December 2010 and Classes of Monday, 15 November 2010, will be made up on Thursday, 11 November 2010.

- By order of the Registrar.

Follow Up - Re: Seeking your prayers!

By the grace of almighty Allah, my daughter’s surgery was a successful one. Her tonsils were also removed.

Thanks to all of you for your words of encouragement, prayers and emotional support - it means more than you know.

Please continue to keep Subaat in your prayers as she continues to recuperate and please pray for all those who are hurting and are sick and especially those who have no one to pray for them.

Sincerely,

Shahzada Imran
Lecturer, SOB

Invitation to Seminar!

Title: Study in Japan

Objective: The seminar will provide related information regarding how to study in Japan, how to get scholarship and how to live in Japan. It will help the graduate, undergraduate students as well as young teachers to know the ins and outs about higher study in Japan.

Date: 31 October 2010, Day: Sunday, Time: 10:00 am to 1:00 pm

Venue: Recreation Centre, NSU

Speakers:

1. Ms. Ayako Sawade, Japan Student Services Organization (JASSO) on “Orientation on Study in Japan”

2. Dr. Hashina Ferdousi, Education Advisor, Embassy of Japan, Bangladesh on "Japanese Government Scholarships”

3. Representatives from Kyushu University and Ritsumeikan Asia Pacific University on “Study in Japan”

Universities of Japan, JASSO, Embassy of Japan and JUAAB will explain about study in Japan and offer individual consultation.

Your presence will be highly appreciated.

Fully funded Scholarships to Europe!

Erasmus Mundus (EMEA) is a scholarship programme for students on undergraduate, master, doctoral and post-doctoral level as well as for university staff in academic or administrative positions, financed by the European Commission. 

The scholarship programme is open to nationals in Bangladesh, China, India, Nepal and Pakistan who want to study or work at one of the European partner universities. 

The on-line application is open between November 1 - December 15, 2010.

The project is coordinated by Lund University (Sweden).

Thanks.

Seeking Prayers!

My 4-year old daughter, Subaat, is scheduled to undergo a surgery (Adenoidectomy - removal of the adenoids) by Asst. Prof. Dr. Nasima Akter, BSMMU (PG Hospital) on the 28th of October, 2010 (Thursday).

Please keep her in your prayers.

Thank you.

Invitation to Seminar!

The Department of Career & Professional Development Services (CPDS) cordially invites to attend the following seminar. 

Title: Role of Information Commission to Protect Our Right to information

Date: 27th October, 2010, Day: Wednesday, Time: 10:30 am to 1:30 pm, Venue: OAT 801

Keynote Speaker: Ambassador Mr. Muhammad Zamir
Chief Information Commissioner, Bangladesh.

Special Guest: Mr. Azim Uddin Ahmed
Chairman, Board of Governors
North South University Foundation

Session Chair: Dr. Hafiz G A Siddiqi
Honourable Vice Chancellor, North South University

Your presence will be highly appreciated.

Thanks.

An Amazing Poem!

I have come across a beautiful piece of poetry recently that I want to share with you. The author is Red Foley who is also named as Og Mandino. Hope you would appreciate it and realize the powerful message it conveys. Enjoy!

Today upon a bus,
I saw a girl with golden hair,
I envied her…She seemed so happy. 
I wished I were as fair.
When suddenly she rose to leave,
I saw her hobble down the aisle.
She had one leg and wore a crutch.
But as she passed, a smile.

Oh God, forgive me when I whine,
I have 2 legs, the world is mine.

I stopped to buy some candy.
The lad who sold it had such charm.
I talked with him, he seemed so glad.
If I were late, it'd do no harm.
And as I left, he said to me,
"I thank you, you've been so kind.
It's nice to talk with folks like you.
You see," he said, "I'm blind."

Oh God, forgive me when i whine.
I have 2 eyes, the world is mine.

Later while walking down the street,
I saw a child with eyes of blue.
He stood and watched the others play.
He did not know what to do.
I stopped a moment and then I said,
"Why don't you join the others, dear?"
And then I knew, he couldn't hear.

Oh God, forgive me when i whine.
I have 2 ears, the world is mine.

With feet to take me where I'd go.
With eyes to see the sunset's glow.
With ears to hear what I'd know.
Oh, God, forgive me when I whine.
I've been blessed indeed, the world is mine.