This course introduces basic concepts of financial analysis and its practical applications from the perspective of financial managers who make investment and financing decisions. The course is built upon the foundation of accounting, economics, and quantitative analysis to provide students with basic techniques and unique conceptual frameworks to address basic finance problems.
In this course, we will conduct class discussions using case studies in order to achieve the learning goals. The students attending this course may be required to write a preparatory report and must participate in the class discussions.

*本学の教育ミッションを具現化する形で設定されています。

The main goal of this course is to develop a foundation of financial management concepts. It helps students to understand financial information and evaluate investment projects. Students can also learn how managers make capital investment decisions, analyze investment projects, and decide capital structure.

教育手法 Teaching Method		% of Course Time
インプット型 Traditional		50 %
参加者中心型 Participant-Centered Learning	ケースメソッド Case Method	50 %
	フィールドメソッド Field Method	0 %
合計 Total		100 %

From week one to week seven, lectures are given in a flexible 200-minute session per week, which will provide students with basic concepts of financial management. In addition, practice questions, quick quizzes, and cases are set to help students consolidate their understanding.
Students need to get familiar with spreadsheet programs, i.e., Microsoft Excel. This is the main method to solve computation problems. Students are also provided the necessary worksheets (via Google Classroom) for case analyses and discussions. Some basic instructions will also be given.
Students are required to discuss in-class cases and case assignments. There is no fixed solution for case problems. Decisions are made based on sound financial assumptions and an in-depth analysis of the situation. The purpose of the case method is to help students define and address problems, collaborate with other students to give the best solution, and suggest the best course of action.

*成績は下記該当項目を基に決定されます。
*クラス貢献度合計はコールドコールと授業内での挙手発言の合算値です。

講師用内規準拠 Method of Assessment	Weights
コールドコール Cold Call	0 %
授業内での挙手発言 Class Contribution	60 %
クラス貢献度合計 Class Contribution Total	60 %
予習レポート Preparation Report	0 %
小テスト Quizzes / Tests	0 %
シミュレーション成績 Simulation	0 %
ケース試験 Case Exam	0 %
最終レポート Final Report	40 %
期末試験 Final Exam	0 %
参加者による相互評価 Peer Assessment	0 %
合計 Total	100 %

評価の留意事項　Notes on Evaluation Criteria

This course follows the case study teaching method. It has NO exams. The assessment is divided into 2 sections, Class participation and Report. Class participation includes Class engagement & quizzes. Class engagement is marked on how students prepare for the course contents & cases, and how they raise questions, respond to the questions and discuss the solution. However, students who disturb other students, or do other activities rather than engaging in-class activities will receive a maximum of 40% for Class participation.
Quizzes will be given during the class, including detailed instructions. The grade for each quiz depends on the number of quizzes.
The final report will account for 40% of the total assessment, including short questions and case discussion.

Hints: Do not wait until the announcement of the final report and prepare for it. Preparations should begin from the first lecture.

A. Class participation (60%)
1) Class engagement: Continuous
2) Quizzes: TBA
Notes: The number of quizzes and the contents of quizzes are currently not available to students.
B. Report (40%)
1) Final report

• Ross, S., Westerfield, R., Jordan, B. 「Fundamentals of Corporate Finance」NoneMcGraw-Hill/Irwin（2016）978-00778

Lecture Notes (required):
This course will use lecture notes. They are distributed to students through Google Classroom. The notes might be concise, so students are recommended to take notes during class.

Case Studies (required):
There will be seven case studies. They will be distributed via Google Classroom. Students are divided into groups to the cases.

There will be marking criteria for take-home assignments. Marking strictly follows marking criteria. Feedback will be provided via lectures following the assessment of assignments. Students are also encouraged to arrange an appointment with the instructor to gain more detailed feedback/advice on the marked assignment.

Refereed Articles

• (2019) Does seller status matter in inter-corporate asset sales?. Journal of Banking & Finance 100 0378-4266
• (2018) Asset sales and subsequent acquisitions. International Review of Financial Analysis
• (2018) The Role of Independent Expert Reports in Australian M&A Market. International Review of Finance 18(2): 1468-2443