Essentials of Finance

Course Objectives

This course is an introductory course to finance that is designed for those who wish to enhance their decision-making ability based on applying financial knowledge in business. The course is not intended for finance specialists; it targets students who have already learned the basics of accounting. In this course students will:

  • Develop an overall understanding of finance
  • Be enabled to describe the role of finance in corporate management in their own words
  • Develop the ability to independently conduct basic financial analysis in business fields

This course is intended for students who have already learned the basic concepts of accounting and are studying finance for the first time.

 

Course Details

Programs: Full-time MBA, Part-time & Online MBA, Pre-MBA
Discipline: Accounting and Finance
Required/Elective Course: Required Course
Number of Credits: 1.5
Report: No Report
Class Capacity: 35

12 weeks, every other week
Online/On-Campus
JPY 128,000
Fundamental

 

Recommended Preliminary Courses

- Essentials of Accounting

 

Theme/Reading Materials

Day 1
Session A
THEMEBasic Concepts of Finance
Cash Flow and the Time Value of Money
CASE

Interactive Lecture: Finance ―Revised 2nd Edition― Unit1.
GLOBIS Unlimited “Finance Basics: 1”
GLOBIS Unlimited “TVM (Time Value of Money)”
GLOBIS Unlimited “Discount Rate”

Session B
THEMEHow to Measure the Value of Assets
CASE

Interactive Lecture: Finance ―Revised 2nd Edition― Unit1.
GLOBIS Unlimited “Finance Basics: 1”
GLOBIS Unlimited “TVM (Time Value of Money)”
GLOBIS Unlimited “Discount Rate”
GLOBIS Unlimited “DCF (Discounted Cash Flow)”

 
Day 2
Session A
THEMEHow to Measure the Value of a Business/Project and Make Decisions
CASE

Interactive Lecture: Finance ―Revised 2nd Edition― Unit 2.
GLOBIS Unlimited “Finance Basics: 1”
GLOBIS Unlimited “DCF (Discounted Cash Flow)”

Session B
THEMERules for Making Investment Decisions
CASE

Interactive Lecture: Finance ―Revised 2nd Edition― Unit 2.

GLOBIS Unlimited “Finance Basics: 1”

 
Day 3
Session A
THEMEBusiness Investment Decisions
CASE

Pandora Cosmetics Co.: Profitability Analysis for the Internet Channel
GLOBIS Unlimited “Finance Basics: 2 (Business Value)”
GLOBIS Unlimited “FCF (Free Cash Flow)”

Session B
THEMEBusiness Investment Decisions (Continued)
CASE

Interactive Lecture: Finance ―Revised 2nd Edition―Unit 3.
GLOBIS Unlimited “Finance Basics: 2 (Business Value)”
GLOBIS Unlimited “WACC (Weighted Average Cost of Capital)”

 
Day 4
Session A
THEMECalculating the Equity Cost of Capital
CASE

Interactive Lecture: Finance ―Revised 2nd Edition―Unit 4.
GLOBIS Unlimited “Finance: Cost of Capital”
GLOBIS Unlimited “CAPM (Capital Asset Pricing Model)”

Session B
THEMECapital Structure and Enterprise Value
CASE

Yokohama Flour Co. Ltd.
Interactive Lecture: Finance ―Revised 2nd Edition― Unit 4.
GLOBIS Unlimited “Finance: Cost of Capital”
GLOBIS Unlimited “Tax Shield”
GLOBIS Unlimited “APV (Adjusted Present Value)”

 
Day 5
Session A
THEMEEnterprise Value and Stock Value
CASE

Interactive Lecture: Finance ―Revised 2nd Edition― Unit 5.
GLOBIS Unlimited “DCF Stock Valuation”
Exercise_ DCF Stock Valuation (Excel)”

Session B
THEMEEnterprise Value and Stock Value (Continued)
CASE

Interactive Lecture: Finance ―Revised 2nd Edition― Unit 5.

 
Day 6
Session A
THEMEOther Topics about Enterprise Valuation
CASE

Interactive Lecture: Finance ―Revised 2nd Edition― Unit 6.

Session B
THEMEInvestment evaluation comprehensive exercises
CASE・ New Market Entry by Industry Plastics Ltd.

 

Textbook

Robert Higgins and Jennifer Koski, 2023. Analysis for Financial Management.13th ed. McGraw-Hill Education.
ISBN10: 1260772365 / ISBN13: 9781260772364

If you wish to start from the Pre-MBA,

Tuition Fee per course: 128,000 yen
Please find more about the Pre-MBA Program.

Course Schedule

Faculty

Toru Takahashi
Toru Takahashi
Accounting and Finance, Global/Asia/Japan
COURSES:
Global Perspectives
Essentials of Finance
Shigeo Kashijuku
Shigeo Kashijuku
Accounting and Finance
COURSES:
Essentials of Finance
Satoshi Hirose
Satoshi Hirose
Accounting and Finance, Innovation, Management Philosophy
COURSES:
Essential of Finance
Financial Reorganization
Finance I (Corporate Finance)
Entrepreneurial Leadership
Keiei Dojo
Akio Mori
Akio Mori
Accounting and Finance
COURSES:
Accounting I (Financial Accounting)
Essentials of Accounting
Finance I (Corporate Finance)
Essential of Finance
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