Essentials of Finance

Course Objectives

Apply to Pre-MBA

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 MBA, Pre-MBA
Discipline: Accounting and Finance
Course Level: Fundamental Course
Required/Elective Course: Elective Course
Number of Credits: 1.5
Report: No Report
Hours Per Class: 3 hours
Class Capacity: 35 (Part-time MBA)

 

Recommended Preliminary Courses

- Essentials of Accounting

 

Theme/Reading Materials

Day 1
Session A
THEME Purpose and Overall Picture of Finance
CASE ・ Interactive Lecture: Finance ―2nd Edition― 
Unit1. BASIC CONCEPTS OF FINANCE
Session B
THEME Cash flow and the time value of money
CASE ・ Interactive Lecture: Finance ―2nd Edition― 
Unit1. BASIC CONCEPTS OF FINANCE
 
Day 2
Session A
THEME How to Measure the Value of Business/Project
CASE

・ Interactive Lecture: Finance ―2nd Edition―
Unit 2. PRESENT VALUE OF CASH FLOW AND INVESTMENT DECISION

・Lifestyle Laboratory
Session B
THEME How to Measure the Value of Business/Project (Continued)
CASE ・ Interactive Lecture: Finance ―2nd Edition―
Unit 2. PRESENT VALUE OF CASH FLOW AND INVESTMENT DECISION
 
Day 3
Session A
THEME Decision Making of Project Investment
CASE ・ Pandora Cosmetics Co.: Profitability Analysis for the Internet Channel
Session B
THEME Decision Making oｆ Project Investment (Continued)
CASE ・ Interactive Lecture: Finance ―2nd Edition―
Unit 3. BUSINESS VALUATION AND THE COST OF CAPITAL
 
Day 4
Session A
THEME Concept of Investment Risks
CASE ・ Interactive Lecture: Finance ―2nd Edition―
Unit 4. QUANTIFYING RISKS AND DISCOUNT RATES
Session B
THEME Concept of Investment Risks (Continued)
CASE ・ Interactive Lecture: Finance ―2nd Edition―
Unit 4. QUANTIFYING RISKS AND DISCOUNT RATES
 
Day 5
Session A
THEME How to Enhance Corporate Value
CASE ・ Interactive Lecture: Finance ―2nd Edition―
Unit 5. ENTERPRISE VALUE AND CAPITAL STRUCTURE
Session B
THEME How to Enhance Corporate Value (Continued)
CASE ・ Interactive Lecture: Finance ―2nd Edition―
Unit 5. ENTERPRISE VALUE AND CAPITAL STRUCTURE
 
Day 6
Session A
THEME Other Topics about Enterprise Valuation
CASE

・ Interactive Lecture: Finance ―2nd Edition―
Unit 6. OTHER TOPICS ABOUT ENTERPRISE VALUATION 

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

 

Textbook

Analysis for Financial Management. 11th ed.
Higgins, Robert C., 2015 (McGraw-Hill/Irwin)
ISBN-10: 0077861787
ISBN-13: 978-0077861780

If you wish to start from the Pre-MBA,

Tuition Fee per course: 126,000 yen
Please find more about the Pre-MBA Program.

Course Schedule

Faculty

Masaru Hoshino
Accounting and Finance, Management Philosophy, Specialization
"Welcome to the world of Finance ! In my class, I emphasize how important AND interesting it is to learn Finance as a necessary tool for you to become a business leader. By mastering this exciting subject you will be able to deepen your understanding on how business practice is structured based on Finance concepts. For example, you can understand what a world class automobile firm aims for OTHER THAN improving production efficiency by employing the just-in-time inventory system. Yes, Finance makes you to see the business world much more exciting !"
Daisuke Asahara
Accounting and Finance
The purpose of an MBA is not only to acquire knowledge but also to cultivate friendship, leadership and entrepreneurship. To build up those "ships," you have to get on the same "ship" and spend time with your classmates. Welcome to the class, our ship of learning!
Shunichi Yamada
Accounting and Finance
Finance is a kind of interaction between management and shareholders & banks. Management should be aware that they are managing precious capital contributed by shareholders & banks, and thus make decisions on behalf of them. We will learn valuation, investment and financing. Although there are many technical items in finance, I would like to focus on the qualitative background of why those technical items matter.

Faculty

Masaru Hoshino
Masaru Hoshino
Accounting and Finance, Management Philosophy, Specialization
"Welcome to the world of Finance ! In my class, I emphasize how important AND interesting it is to learn Finance as a necessary tool for you to become a business leader. By mastering this exciting subject you will be able to deepen your understanding on how business practice is structured based on Finance concepts. For example, you can understand what a world class automobile firm aims for OTHER THAN improving production efficiency by employing the just-in-time inventory system. Yes, Finance makes you to see the business world much more exciting !"
Learn more
Daisuke Asahara
Daisuke Asahara
Accounting and Finance
The purpose of an MBA is not only to acquire knowledge but also to cultivate friendship, leadership and entrepreneurship. To build up those "ships," you have to get on the same "ship" and spend time with your classmates. Welcome to the class, our ship of learning!
Learn more
Shunichi Yamada
Shunichi Yamada
Accounting and Finance
Finance is a kind of interaction between management and shareholders & banks. Management should be aware that they are managing precious capital contributed by shareholders & banks, and thus make decisions on behalf of them. We will learn valuation, investment and financing. Although there are many technical items in finance, I would like to focus on the qualitative background of why those technical items matter.
Learn more

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