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: Elective 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
THEMEPurpose and Overall Picture of Finance
CASE

Interactive Lecture: Finance —2nd Edition—

— Unit1. Basic Concepts of Finance

GLOBIS Unlimited “Finance: Basics

Session B
THEMECash flow and the time value of money
CASE

Interactive Lecture: Finance —2nd Edition—

— Unit1. Basic Concepts of Finance

GLOBIS Unlimited “Finance: Basics

GLOBIS Unlimited “TVM (Time Value of Money)

GLOBIS Unlimited “Discount Rate

 
Day 2
Session A
THEMEHow 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

GLOBIS Unlimited “Finance: Basics”

GLOBIS Unlimited “Finance: Business Value”

GLOBIS Unlimited “DCF (Discounted Cash Flow)”

Session B
THEMEHow to Measure the Value of Business/Project (Continued)
CASE

Interactive Lecture: Finance —2nd Edition—

— Unit 2. Present Value of Cash Flow and Investment Decision

GLOBIS Unlimited “Finance: Basics”

GLOBIS Unlimited “Finance: Business Value”

GLOBIS Unlimited “FCF (Free Cash Flow)”

 
Day 3
Session A
THEMEDecision Making of Project Investment
CASE

Pandora Cosmetics Co.: Profitability Analysis for the Internet Channel

GLOBIS Unlimited “Finance: Business Value”

Session B
THEMEDecision Making of Project Investment (Continued)
CASE

Interactive Lecture: Finance —2nd Edition—

— Unit 3. Business Valuation and the Cost of Capital

GLOBIS Unlimited “Finance: Business Value”

GLOBIS Unlimited “WACC (Weighted Average Cost of Capital)”

 
Day 4
Session A
THEMEConcept of Investment Risks
CASE

Interactive Lecture: Finance —2nd Edition—

— Unit 4. Quantifying Risks and Discount Rates

GLOBIS Unlimited “Finance: Cost of Capital”

GLOBIS Unlimited “CAPM (Capital Asset Pricing Model)”

Session B
THEMEConcept of Investment Risks (Continued)
CASE

Solomon Ltd. Interactive Lecture: Finance —2nd Edition—

— Unit 4. Quantifying Risks and Discount Rates

GLOBIS Unlimited “Finance: Cost of Capital”

GLOBIS Unlimited “CAPM (Capital Asset Pricing Model)”

 
Day 5
Session A
THEMEHow to Enhance Corporate Value
CASE

Interactive Lecture: Finance —2nd Edition—

— Unit 5. Enterprise Value and Capital Structure

GLOBIS Unlimited “Finance: Cost of Capital”

GLOBIS Unlimited “Tax Shield”

Session B
THEMEHow to Enhance Corporate Value (Continued)
CASE

Interactive Lecture: Finance —2nd Edition—

— Unit 5. Enterprise Value and Capital Structure Chihuahua Sauce Ltd.

GLOBIS Unlimited “Finance: Cost of Capital”

GLOBIS Unlimited “APV (Adjusted Present Value)”

 
Day 6
Session A
THEMEOther Topics about Enterprise Valuation
CASE

・ Interactive Lecture: Finance ―2nd Edition―

Unit 6. Other Topics about Enterprise Valuation

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

 

Textbook

Higgins, Robert C., 2019. Analysis for Financial Management. 12th ed. McGraw-Hill/Irwin. ISBN-10: 1259918963 / ISBN-13: 9781259918964

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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