Getting Started
Type MyFinanceLab into Google and find the main login page, or click here to login: MFL Login
(Please note that the first time you register in MyFinanceLab, you will need to provide and verify additional information to certify your status as a course instructor.)
Setting up Your course
Creating a course from an already existing course
Once you are on the main page, click on the button “Create/Copy Course” located in the top right corner
Click on “See My List”
Your old course should appear, select it.
Fill in the other fields specific to your course. When you name the course it will be easier to identify if you put the year and semester in the name.
Course Type: To create a course that students can enroll in immediately, select “Student Course.” (An “Instructor Course” allows you to create a template from which you can create student courses. It is permanent, so you can use it in future years to quickly recreate a new course.)
Click on “Create Course”.
Note that once you have created a course, you can copy assignments to it from an old course or a colleague’s course. (Doing so will automatically update problem numbers to the new edition of the textbook if needed.)
Create a Course from Scratch
Once you are on the main page, click on the button “Create/Copy Course” located in the top right corner
Select “Finance” from the drop down menu under “All Disciplines” and then type in Berk, and select the book your are using.
Then fill in the fields specific to your course. When you name the course it will be easier to identify if you put the year and semester in the name.
Course Type: To create a course that students can enroll in immediately, select “Student Course.” (An “Instructor Course” allows you to create a template from which you can create student courses.)
Click on “Create Course”.
Getting the information to your Students
Once you get the email confirmation that the course is created, you can send students a pre-made PDF file that gives them all the details they need to register for your course in MFL. This PDF file is attached to the email confirmation. If you don’t have that email, or it did not attach correctly, find your course on the “My Courses” page, and click on “Details” and then on “Get Registration Instructions”.
If you don’t intend to use MFL yourself and all you want to do is provide access for your students you are done.
Setting up Homework Assignments
Navigate to the “My Courses” page.
To assign the homework you want your students to do, click on the course name in the course box on the “My Courses” page. (There is no obvious reason why clicking elsewhere does not do anything, and there is no instruction telling you that to get into the course requires clicking on the course name.)
Click on Instructor Tools (last item on the left side menu).
To create homework for your students, click on the Assignment Manager.
If you have copied your course from a previous year, your assignments will all be set up as they were before. One nice feature is if the edition has changed the software automatically finds the correct problems in the new edition and renumbers them.
You can then modify each assignment. At the very least, you will need to set the new due dates and the dates the assignment will become available. To do so select edit from the drop down menu and then select go. The software will first allow you modify the questions in the assignment. To see a list of possible questions other than the ones you assigned before you need to select the correct chapter from the drop down menu. (It unfortunately defaults to a chapter that does not exist, so no problems appear.) After you have made any changes to the problems, select NEXT at the bottom and that will allow you to select the due date and other things. Once you are done, save the assignment
To create a new assignment click on Create Assignment. To make a homework assignment from the end of chapter problems, select Homework Assignment from the drop down menu and then select the Chapter you want from the chapter drop down menu. Once you have selected the problems you want, select NEXT at the bottom which takes you to a new page where you can select your due date and other things. Once you are done, select SAVE.
Note: Auto-graded Excel Spreadsheet exercises are now available in MyFinanceLab — click here for more information
Using your Pearson Rep
Your Pearson rep is a great resource if you need further help – you can find your rep here. If you contact him or her, they will be happy to come to your office and help you set up MFL. They can also do a presentation for your students that explains how MFL works and what online resources are available.