Finance I (Corporate Finance)

Course Objectives

This course is designed for students to learn the basic principles of corporate finance.  The objectives of this course are to apply financial theories to decision making in order to produce successful results, as well as understand additional aspects that must be considered. In this course, students will:

  • Engage in simulated decision-making exercises throughout the course
  • Deal with how to quantify the business activities by generating pro-forma financial statements
  • Analyze incremental cash flows and how funds are raised to make investment decisions
  • Develop judgement in investment decision such as M&A, both qualitatively and quantitatively

This advanced finance course is intended for those who want to use basic frameworks and analytical methods of finance to evaluate and formulate business plans, as well as implement financial strategy. It is recommended that students take this course after having taken “essentials” as a foundation. (Essentials of Accounting and Essentials of Finance).

 

Course Details

Programs: Full-time MBA, Part-time & Online MBA, Pre-MBA
Discipline: Accounting and Finance
Course Level: Fundamental Course
Required/Elective Course: Required Course
Number of Credits: 1.5
Report: Day 4
Hours Per Class: 3 hours
Class Capacity: 35

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

 

Recommended Preliminary Courses

- Critical Thinking
- Accounting I
- Essentials of Finance

 

Theme/Reading Materials

Day 1
Session A
THEMEConfirming basic Financial Framework and Principles
CASEN/A
Session B
THEMEIncremental Analysis of Cash Flow and Verification of Investment Economics
CASEWhirlpool Europe
 
Day 2
Session A
THEMEIncremental Analysis of Cash Flow and Verification of Investment Economics (continued)
CASEStryker Corporation: In-sourcing PCBs
Session B
THEMEIncremental Analysis of Cash Flow and Verification of Investment Economics (continued)
CASEHon Hai's Investment in Sharp
 
Day 3
Session A
THEMEThe Valuation Techniques and Financing Options
CASEIndustrial Accessories Ltd.
Session B
THEMEThe Valuation Techniques and Financing Options(Continued)
CASEIndustrial Accessories Ltd.
 
Day 4
Session A
THEMEValuation and Investment Decision
CASEAmerican Chemical Corporation
Session B
THEMEValuation and Investment Decision (Continued)
CASEAmerican Chemical Corporation
 
Day 5
Session A
THEMECapital Cost and Financial Policy
CASEMidland Energy Resources, Inc.: Cost of Capital
Session B
THEMECapital cost and financial policy (Continued)
CASEMidland Energy Resources, Inc.: Cost of Capital
 
Day 6
Session A
THEMEComprehensive Investment Judgment and Decision
CASEMonmouth, Inc.
Session B
THEMEFrom "Ownership" to "Use" : Characteristics of Subscription Models
CASEThe Transformation of Microsoft

 

Textbook (Please purchase the following textbook before the course starts.)

"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

Masaru Hoshino
Masaru Hoshino
Accounting and Finance, Management Philosophy, Specialization
COURSES:
Finance II (Valuation and M&A)
Finance III (Mergers and Acquisitions)
Research Project
Tadahisa Saito
Tadahisa Saito
Accounting and Finance, Creation
COURSES:
Venture Capital & Finance
Finance II (Valuation and M&A)
Finance III (Mergers and Acquisitions)
Daisuke Asahara
Daisuke Asahara
Accounting and Finance
COURSES
Essentials of Finance
Finance Ⅰ
Yoshitaka Saeki
Yoshitaka Saeki
Accounting and Finance
COURSES:
Finance I (Corporate Finance)
Finance II (Valuation and M&A)
Tomoki Takebayashi
Tomoki Takebayashi
Accounting and Finance
COURSES:
Finance I (Corporate Finance)
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