2024 Financial Literacy

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Academic unit or major
Graduate major in Industrial Engineering and Economics
Instructor(s)
Nagata Kyoko 
Class Format
Lecture    (Face-to-face)
Media-enhanced courses
Day/Period(Room No.)
Mon3-4(W9-425)  Thr3-4(W9-425)  
Group
-
Course number
IEE.D432
Credits
2
Academic year
2024
Offered quarter
1Q
Syllabus updated
2024/3/14
Lecture notes updated
-
Language used
English
Access Index

Course description and aims

This course aims to develop financial literacy, which is one of the essential abilities for any person in business and capital markets. To develop financial literacy, the class begins with the basics of financial statement analysis, and then goes further to in depth analysis by assessing quality of financial information. To gain better understanding of environment in which various business decisions are made and the consequences of such decisions, class participants also experience a role of corporate management in a setting of starting a small business. Integrating both outside stakeholders’ perspective and management perspective helps students realize issues existing behind numbers.

Student learning outcomes

Students will have basic understandings of the following issues:
- Effective use of financial metrics
- Corporate governance and management decisions
- Management decisions and their consequences

Course taught by instructors with work experience

Applicable How instructors' work experience benefits the course
Addressing various issues in business practice.

Keywords

Business decisions
Corporate governance
Corporate finance
Financial analysis
Earnings management

Competencies that will be developed

Specialist skills Intercultural skills Communication skills Critical thinking skills Practical and/or problem-solving skills

Class flow

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

  Course schedule Required learning
Class 1 Overview ・Assignment for the next class ・Survey to students for team formation
Class 2 What financial statements can tell us (1) ・Short tentative team presentation & discussion
Class 3 What financial statements can tell us (2) ・Short tentative team presentation & discussion
Class 4 Ratios tell a story ・Short team presentation & discussion
Class 5 Read behind the numbers 1 ・Short team presentation & discussion
Class 6 Read behind the numbers 2 ・Short team presentation & discussion
Class 7 Management perspective ・Short team presentation & discussion
Class 8 Start-up a small business ・Short team presentation & discussion
Class 9 Investment decisions1 ・Short team presentation & discussion
Class 10 Financing decision ・Short team presentation & discussion
Class 11 Investment decisions2 ・Short team presentation & discussion
Class 12 Payout decisions ・Short team presentation & discussion
Class 13 Corporate Social Responsibility ・Short team presentation & discussion
Class 14 Final presentation & discussion Takeaway

Out-of-Class Study Time (Preparation and Review)

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.

Textbook(s)

No specific textbook. Reading suggestion will be provided if needed.

Reference books, course materials, etc.

Class materials will be available via T2SCHOLA.

Assessment criteria and methods

Course grade will reflect the following emphases:
- Homework/class assignments (60%)
- Class participation (40%)

Related courses

  • IEE.D202 : Basic Accounting
  • IEE.D302 : Corporate Finance
  • IEE.D203 : Marketing

Prerequisites (i.e., required knowledge, skills, courses, etc.)

Strong interests in the course subject.
Basic knowledge of accounting and corporate finance (not required but preferable).

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