Type of Credit: Required
Credit(s)
Number of Students
This course is designed to make the MBA students learn the principles and techniques about investment (or capital budgeting) decisions, financing decisions, and risk management decisions. This course will be going through by class teaching, cases and papers presentation and discussion in groups.
能力項目說明
This course is designed to make the MBA students learn the principles and techniques about investment (or capital budgeting) decisions, financing decisions, and risk management decisions. This course will be going through by class teaching, cases and papers presentation and discussion in groups.
|
Week |
Date |
Content |
Text (BMA), Reading (SC), Case (KRT) |
|
1 |
2/25 |
Introduction – Syllabus, Goals & Governance |
BMA Chap 1 |
|
2 |
3/4 |
I. Value – Financial Statements & Present Value |
BMA Chaps 1& 2 |
|
3 |
3/11 |
I. Value – Valuing Bonds & Stocks |
BMA Chaps 3& 4 |
|
4 |
3/18 |
I. Value – NPV Method |
BMA Chaps 5 & 6 |
|
5 |
3/25 |
II. Risk &Return – Portfolio Theory |
BMA Chaps 7 & 8 |
|
6 |
4/1 |
停課 |
|
|
7 |
4/8 |
II. Risk &Return – CAPM & Cost of Capital |
BMA Chaps 8 & 9 |
|
8 |
4/15 |
III. Investment decisions(capital budgeting) |
BMA Chaps 10, 11 & 12 |
|
9 |
4/22 |
IV. Options Theory –Financial and Real options |
BMA Chaps 20, 21 & 22 |
|
10 |
4/29 |
V. Financing decisions – Market Efficiency and Corporate Financing Finance Theory and Financial Strategy |
BMA Chaps 13,14 & 15 SC II-5 |
|
11 |
5/6 |
VI. Payout Policy & Capital Structure Raising Capital: Theory and Evidence
|
BMA Chaps 16 & 17 SC IV-16 |
|
12 |
5/13 |
VI. Payout Policy & Capital Structure Still Searching for Optimal Capital Structure
|
BMA Chaps 18 & 19 SC III-11 |
|
13
|
5/20 |
停課 |
|
|
14 |
5/27 |
VII. Risk management decisions Rethinking Risk Management
|
BMA Chaps 26 & 27 SC V-24 |
|
15 |
6/3 |
VIII. Corporate Control & Governance Netscape’s Initial Public Offering Merck & Company: Evaluating a Drug Licensing Opportunity |
Ch 31
KRT pp.601-610 KRT pp.371-376 |
|
16 |
6/10 |
Philip Morris Companies and Kraft, Inc.
Seagate Technology Buyout |
KRT pp.619-635
KRT pp.755-770 |
|
17 |
6/17 |
Final Exam (Open book) |
|
|
18 |
6/24 |
停課 |
|
1. Final exam --------------------------------------------------------------------------- 1/2
2. Cases presentation and discussion (in 4 groups)-------------------------------- 1/4
3. Papers presentation and discussion (in 4 groups)------------------------------- 1/4
Total 100%
1. Textbook:
Brealey, Myers, and Allen (BMA), Principles of Corporate Finance, 13th ed., McGraw-Hill, 2020
2. Recommended books:
Stern & Chew (SC), The Revolution in Corporate Finance, 4th ed., Blackwell, 2003. Kester, Ruback & Tufano (KRT), Case Problems in Finance, 12th ed., McGraw-Hill, 2005