From within your course, select “Content” and select or create a module to hold the master syllabus.
Select “Existing Activities” | “External Learning Tools” | “Master Syllabus”.
And you’re finished. The link knows the name of the course and gets the right syllabus. You can add this link to a sandbox or master course, but it won’t work until its in a real course. If you copy that link to a course that has a different name or a new semester then it will automatically update and deliver the most current version of that syllabus for that course.
Here is a video of the above steps: