Course Objectives
This course aims to help students learn to use financial knowledge and perspectives and to acquire an entrepreneurial perspective when making management decisions. In other words, it focuses on a study of how CEOs should make managerial choices and decisions with the help of CFOs. The course therefore covers optimal capital structure, merger and acquisition strategies, and initial public offerings, among other topics.
This course assumes that students already have basic knowledge on forecast financial statements learned in Finance, the impacts of business strategies on financing, and fundamental business valuation. The course will be conducted primarily through case studies, and related or applicable topics not covered in the cases will be covered in the lectures to provide students with a systematic understanding of corporate finance.
This course is designed for those aiming to acquire the basics for decision-making to address financial issues as business leaders.
Course Details
Programs: Full-time MBA, Part-time MBA
Discipline: Accounting and Finance
Course Level: Applied Course
Required/Elective Course: Elective Course
Number of Credits: 1.5
Report: Day 4
Hours Per Class: 3 hours
Class Capacity: 35 (Part-time MBA)
Recommended Preliminary Courses
- Critical Thinking
- Finance I
Click here to see a list of Preliminary Recommended Courses
Theme/Reading Materials
Day 1
Session A
| THEME |
Capital Cost and Financial Policy |
| CASE |
・Midland Energy Resources, Inc : Cost of Capital |
Session B
| THEME |
Capital Cost and Financial Policy (Continued) |
| CASE |
・Midland Energy Resources, Inc : Cost of Capital |
Day 2
Session A
| THEME |
Business strategies and the financial policies that support them (optimal capital structure) |
| CASE |
・Polaroid Corporation, 1996 |
Session B
| THEME |
Business strategies and the financial policies that support them (optimal capital structure) (Continued) |
| CASE |
・Polaroid Corporation, 1996
|
Day 3
Session A
| THEME |
Valuation and M&A Strategy |
| CASE |
・Health Care Manufacturing |
Session B
| THEME |
Valuation and M&A Strategy (Continued) |
| CASE |
・Health Care Manufacturing |
Day 4
Session A
| THEME |
Comprehensive Case Analysis |
| CASE |
・Flash Memory, Inc. |
Session B
| THEME |
Comprehensive Case Analysis (Continued) |
| CASE |
・Flash Memory, Inc.
|
Day 5
Session A
| THEME |
Business Risks and Valuation under Uncertainty (IPO of Emerging Companies) |
| CASE |
・Netscape’s Initial Public Offering |
Session B
| THEME |
Business Risks and Valuation under Uncertainty (IPO of Emerging Companies) (Continued) |
| CASE |
・Netscape’s Initial Public Offering |
Day 6
Session A
| THEME |
Comprehensive Exercise (M&A Utilizing Debt (LBO)) |
| CASE |
・Valuation of AirThread Connections |
Session B
| THEME |
Comprehensive Exercise (M&A Utilizing Debts (LBO)) (Continued) |
| CASE |
・Valuation of AirThread Connections |
Textbook (Please purchase the following textbook before the course starts.)
Principles of Corporate Finance
11th ed. McGraw-Hill Education
Brealey, Richard A., Myers, Stewart C., Allen, Franklin, 2014
ISBN-10: 0077151569
ISBN-13: 978-0077151560
