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.
Students will have basic understandings of the following issues:
- Effective use of financial metrics
- Corporate governance and management decisions
- Management decisions and their consequences
✔ Applicable | How instructors' work experience benefits the course |
---|---|
Addressing various issues in business practice. |
Business decisions
Corporate governance
Corporate finance
Financial analysis
Earnings management
✔ 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 | ・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 |
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).