《公司金融8》课程教学大纲

1、公司金融5 (英)课程教学大纲一、课程基本信息(Course Information)Course Title: Corporate FinanceCourse Code: (2018-2019-l)-FIN903-20160067-lAcademic Credit: 4Credit Hours: 3学时/课，课堂教学51学时二、任课教师、助教、教室等情况(Instructor, Teaching Assistant, Location, etc.)Instructor: Yiwen Chen (陈M文)，PhD in financial management, Associate profe

2、ssorv. Class Rules: 1. Attendance is required.Please respect everyone and be responsible.All cell phones and electronic devices must be turned off and out of sight during class.三、阅读材料(Course Material)Required:.财务管理基础，理查德A布雷利等，中国人民大学出版社，第8版Fundamentals of Corporate Finance (8th Edition) by Richard Br

3、caley, Stewart Myers, and Alan Marcus (BMM), McGraw-Hill, 2015, (International edition, ISBN: 978-981 -4670-94-4; previous editions are also acceptable).Lecture notesThe textbook is required because most of the content of this course will be covered by the BMM. A textbook in hand can help students p

4、review and review the course materials. My lecture notes will be made available before each class (through the Blackboard system or a public e-mail). If necessary, additional handouts will be either distributed in class or made available online.Recommended:L Corporate Finance, The Core (Global Editi

5、on) by Jonathan Berk and Peter DeMarzo (BD), Pearson, 2014Corporate Finance (10th Edition) by Stephen Ross, Randolph Westerfield, and Jeffrey Jaffe, McGraw-Hill, 2013A financial calculator四、课程内容概要(Course Description)(一)课程目标(Course Objectives)This is an undergraduate level course in corporate finance

6、. The objective of this course is to develop a solid understanding of modern corporate finance and its application in todays corporate world.The main topics covered include:the time value of money and the valuation of bonds, stocks, and companies; (2) uncertainty and the trade-offs between risk and

7、return;corporate financing;debt and payout policy;financial analysis and planning.The concepts and methods introduced here are used heavily in both the practical and academic fields. This course is designed to help students advance future career in finance, either in the industry or in academia. Cri

8、tical thinking skills and effective oral communication skills will also be developed.公司是重要的金融市场参与者，公司的金融活动(工程投资、融资等)对金 融市场乃至宏观经济环境有重大影响，通过这门课程的学习，培养学生运用金融 学原理思考和解决实际问题的能力，如解决问过当下企业融资难问题，进而更好 地理解国家倡导金融支持实体经济开展的政策意义，实现企业与金融机构的双 赢，社会福利的最大化。Companies are important participants of financial markets, corp

9、orate governance and their financial activities (investing, financing, etc.) have a significant impact on the financial market and macroeconomic environment. In this course, students can be trained to think and solve practical problems by using the principle of finance, so as to better understand th

10、e policy significance of financial support for the development of entity economy advocated by the government, to achieve a double-win situation between enterprises and financial institutions and ultimate benefit of social.(二)教学内容(Course Content)NumberChapterTopicCredit Hour1Ch. 1Introduction Goals a

11、nd governance of the corporation42Ch. 2Accounting and finance43Ch. 3,4Measuring corporate performance44Ch. 5Time value of money45Ch. 6Bond valuation and4Stock valuation6Ch. 7Net present value4Other investment criteriaCh. 8Investment decisions47project analysis8Ch. 9, 10Risk, return, and the opportun

12、ity cost of capital49Mid-termPresentation410Ch. 11,12Company valuation411Ch. 12,13Corporate financing412Ch. 14,15Debt policy413Ch. 16Payout policy414Ch. 17Long-term and short-tern financial planning415Ch. 18,19Special topics 1416Ch. 20Special topics 24Total64(三)课程要求(Course Format)The principal teach

13、ing method for this course is lecture and case discussion. Questions are always welcome. Some occasional Q&A will occur, and therefore the students should preview the course materials before each class.Cheating and other forms of academic dishonesty will not be tolerated. Academic dishonesty include

14、s, but is not limited to: copying the work of another student in an examination, providing answers to another student in an examination, using any unauthorized materials in an examination, impersonating another student or allowing such in an examination, changing the name or answers on an examinatio

15、n after the work has been graded and returned. All incidents of plagiarism or collusion will result in the student receiving a failing grade for exam, and possibly for the course.(四)教学安排(CourseSchedule)Wee Date kContentReading19/10Introduction; Goals and governance of the corporationBMM Ch. 129/17Ac

16、counting and finance; Measuring corporate performanceBMMCh. 2, 339/24Mid-Autumn Festival410/1National Day510/8Measuring corporate performanceBMM Ch. 4610/15Time value of moneyBMMCh. 5710/22Bond valuationBMMCh.6810/29Quiz; Stock valuationBMMCh. 7911/5Net present value and other investment criteriaBMM

17、Ch. 81011/12Mid-term Presentation1111/19Investment decisions and project analysisBMMCh. 8,91211/26Risk, return, and the opportunity cost of capitalBMMCh. 9, 101312/3Company valuationBMM Ch. 11,121412/1 0Quiz; Corporate financingBMM Ch. 12,131512/17Debt policyBMM Ch. 14,151612/24Payout policyBMM Ch.

18、161712/31Final Review18-19Final Exam五、考核方式(Assessment)The various components of the final grade will be weighted as follows:AlQuizzes40%A2Presentation35%A3Final Exam25%Total100%Class participationActive class participation is expected of each student. The class participation grade will be based prim

19、arily on your contribution to this class, including responding to questions, asking questions, providing answers to other students* concerns, and clarifying the questions asked by the instructor. Your behavior should, however, show respect for your classmates/ desire to learn. Absences will hurt you

20、r participation grade.QuizzesThere may be 2 to 3 quizzes, which will be conducted on the designated days in the first 30-40 minutes of class. The days of the quizzes will be announced at least one week before each quiz. I will give you assignments beginning the second week of class. Students do not

21、have to turn in the assignments but should do them to prepare for the quizzes. Some of the material for the quizzes may be taken from the assignments. The quizzes are intended to help the students keep pace with thecourse.PresentationThis is a team work. Each team contains four to six students. The topic of the presentation pertains to measurement of