This course aims to develop financial literacy, which is one of the essential abilities for any person in business and capital markets. The class starts with small retail business simulations. “Learning by doing” in a simple but practical setting gives students opportunities to gain better understanding of the consequences of managerial decisions through experiencing challenges that corporate managers face in running a business. In addition, class participants discuss various topics on corporate finance. Integrating the lessons from business start-up simulation with lectures on various financial topics helps students realize issues existing behind numbers.
Students will have basic understandings of the following issues:
- Management decisions and their consequences
- Effective use of financial metrics
- Corporate governance and management decisions
|✔ Applicable||How instructors' work experience benefits the course|
|Addressing various issues in business practice.|
|✔ Specialist skills||✔ Intercultural skills||✔ Communication skills||Critical thinking skills||✔ Practical and/or problem-solving skills|
This course will use a variety of methods including business game, readings, case assignments, and discussions, with special focus on group works. Teams of three to four students will be formed to participate class room activities and complete assignments including team presentations.
|Course schedule||Required learning|
|Class 1||Overview||・Survey to students|
|Class 2||What financial statements can tell us||・Short tentative team presentation & discussion|
|Class 3||Start-up a small business||・Short team presentation & discussion|
|Class 4||Financing decision||・Short team presentation & discussion|
|Class 5||Business plan||・Short team presentation & discussion|
|Class 6||Inventory management||・Short team presentation & discussion|
|Class 7||Cost Analysis||・Short team presentation & discussion|
|Class 8||Corporate Social Responsibility||・Short team presentation & discussion|
|Class 9||Payout policy||・Short team presentation & discussion|
|Class 10||Cash flow analysis||・Short team presentation & discussion|
|Class 11||Valuing a company||・Short team presentation & discussion|
|Class 12||Final presentation & discussion||Final team presentation and discussion|
|Class 13||Final presentation & discussion||Final team presentation and discussion|
|Class 14||Wrap-up||Peer evaluation|
To enhance effective learning, students are encouraged to spend approximately 100 minutes preparing for class and another 100 minutes reviewing class content afterwards (including assignments) for each class.
They should do so by referring to textbooks and other course material.
No specific textbook. Reading suggestion will be provided if needed.
Class materials will be available via T2SCHOLA.
Course grade will reflect the following emphases:
- Homework/class assignments (60%)
- Class participation (40%)
Strong interests in the course subject.
Basic knowledge of accounting and corporate finance (not required but preferable).