| 授業名 | Financial Management |
|---|---|
| Course Title | Financial Management |
| 担当教員 Instructor Name | Liu Lian |
| 科目ナンバリングコード Course Numbering Code | GBA216 |
| 授業形態 Class Type | 講義 Regular course |
| 授業形式 Class Format | On Campus |
| 単位 Credits | 2 |
| 言語 Language | EN |
| 学位 Degree | BBA |
| 開講情報 Terms / Location | 2026 UG Nisshin Term3 |
| コード Couse Code | NUC433_N26B |
授業の概要 Course Overview
Mission Statementとの関係性 / Connection to our Mission Statement
This course builds upon the foundational principles introduced in Introduction to Finance, offering a deeper exploration of financial decision-making in a dynamic global landscape. Aligned with the NUCB Business School's mission, it enhances both analytical rigor and strategic thinking in financial management. Over seven weeks, students will delve into advanced topics such as securities pricing, alternative investments, cost of capital, foreign exchange markets, and financial risk management in global markets. Through case-based learning, participants will bridge theory with practice, gaining the expertise needed to navigate complex financial environments and make informed, value-driven decisions.
授業の目的（意義） / Importance of this course
This course equips students with advanced financial skills to make strategic decisions in global markets. Building on foundational finance concepts, it covers securities pricing, alternative investments, cost of capital, and risk management. Through real-world case studies, students develop the expertise to navigate financial complexities, enhance corporate value, and drive sustainable growth.
学修到達目標 / Achievement Goal
By the end of the course, students will not only gain a deep understanding of core financial concepts but also develop the strategic thinking necessary to navigate and shape the evolving financial landscape.
本授業の該当ラーニングゴール Learning Goals
*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。
LG1 Critical Thinking
LG2 Diversity Awareness
LG3 Ethical Decision Making
LG4 Effective Communication
LG6 Managerial Perspectives (BBA)
LG2 Diversity Awareness
LG3 Ethical Decision Making
LG4 Effective Communication
LG6 Managerial Perspectives (BBA)
受講後得られる具体的スキルや知識 Learning Outcomes
○ Interpret and analyze financial statements to assess a company’s profitability, liquidity, solvency, and operational efficiency.
○ Evaluate equity financing decisions, including the process, valuation, and strategic considerations of initial public offerings (IPOs).
○ Understand the structure and features of debt instruments, including corporate bonds, and assess the risks and returns associated with debt financing.
○ Estimate a firm’s cost of capital and apply capital budgeting techniques such as Net Present Value (NPV), Internal Rate of Return (IRR), and Discounted Cash Flow (DCF) in investment decision-making.
○ Design working capital and cash flow management strategies that support operational efficiency and financial stability.
○ Apply financial derivatives such as forwards and options to hedge against foreign exchange and interest rate risks in corporate settings.
○ Critically analyze the causes and consequences of financial crises and evaluate their implications for modern corporate financial management and regulation.
○ Evaluate equity financing decisions, including the process, valuation, and strategic considerations of initial public offerings (IPOs).
○ Understand the structure and features of debt instruments, including corporate bonds, and assess the risks and returns associated with debt financing.
○ Estimate a firm’s cost of capital and apply capital budgeting techniques such as Net Present Value (NPV), Internal Rate of Return (IRR), and Discounted Cash Flow (DCF) in investment decision-making.
○ Design working capital and cash flow management strategies that support operational efficiency and financial stability.
○ Apply financial derivatives such as forwards and options to hedge against foreign exchange and interest rate risks in corporate settings.
○ Critically analyze the causes and consequences of financial crises and evaluate their implications for modern corporate financial management and regulation.
SDGsとの関連性 Relevance to Sustainable Development Goals
Goal 4 質の高い教育をみんなに（Quality Education）
教育手法 Teaching Method
| 教育手法 Teaching Method | % of Course Time | |
|---|---|---|
| インプット型 Traditional | 30 % | |
| 参加者中心型 Participant-Centered Learning | ケースメソッド Case Method | 70 % |
| フィールドメソッド Field Method | 0 % | 合計 Total | 100 % |
事前学修と事後学修の内容、レポート、課題に対するフィードバック方法 Pre- and Post-Course Learning, Report, Feedback methods
Course Prerequisites
○ Subject topics will be taught using case studies. Pre-reading is essential. It is recommended that participants spend at least 1 hours preparing for each case, including previewing the fundamental knowledge provided in the casebook. Assignment questions will be provided before class to facilitate understanding of related information and relevant case studies.
○ As part of the coursework, each participant needs to have access to a laptop equipped with the specified financial analysis software, such as Microsoft Excel, to ensure active participation in hands-on exercises, financial modeling.
Class Discussion
○ The course is designed to be highly interactive, with class discussions playing a pivotal role in reinforcing financial concepts. Through these discussions, participants will connect theoretical knowledge with practical financial decision-making.
○ Subject topics will be taught using case studies. Pre-reading is essential. It is recommended that participants spend at least 1 hours preparing for each case, including previewing the fundamental knowledge provided in the casebook. Assignment questions will be provided before class to facilitate understanding of related information and relevant case studies.
○ As part of the coursework, each participant needs to have access to a laptop equipped with the specified financial analysis software, such as Microsoft Excel, to ensure active participation in hands-on exercises, financial modeling.
Class Discussion
○ The course is designed to be highly interactive, with class discussions playing a pivotal role in reinforcing financial concepts. Through these discussions, participants will connect theoretical knowledge with practical financial decision-making.
授業スケジュール Course Schedule
第1日（Day1）
Introduction to Financial ManagementNavigating the Nexus: Risk & Return Dynamics
Review of Financial Statements
●使用するケース
Anandam Manufacturing Company: Analysis of Financial Statements第2日（Day2）
Equity Financing and Initial Public Offerings (IPO)●使用するケース
Alibaba's IPO Dilemma: Hong Kong or New York?第3日（Day3）
Crafting Financial Masterpieces: Portfolios & Their Foundational TheoriesFixed-income Securities
●使用するケース
WorldCom, Inc.: Corporate Bond Issuance第4日（Day4）
Strategic Portfolio DesignCapital Structure and Cost of Capital
●使用するケース
Domino's Pizza Enterprises (Australia): Weighted Average Cost of Capital第5日（Day5）
Strategic Portfolio DesignFinancial Investment: ETF & Mutual Funds
●使用するケース
Exchange-Traded Funds at Vanguard (A)Exchange-Traded Funds at Vanguard (B)
第6日（Day6）
Financial Derivatives for Risk Hedging●使用するケース
F. Mayer Imports: Hedging Foreign Currency Risk第7日（Day7）
Navigating Fiduciary Duties and Stakeholder Fairness in Corporate Restructuring●使用するケース
Marriott Corp. (A)&(B)成績評価方法 Evaluation Criteria
*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。
*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 | 70 % |
| クラス貢献度合計 Class Contribution Total | 70 % |
| 予習レポート Preparation Report | 0 % |
| 小テスト Quizzes / Tests | 15 % |
| 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 | 15 % |
| 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
配布教材と教室における電子機器の利用マナーについて Guidelines for Classroom Technology and Proper Use of Course Materials
- ケースメソッド教育の中核は、積極的な参加と知識の共有です。この教育を支えるため参加者は授業中の電子機器（例：スマートフォン、ノートパソコン）の使用を制限するよう求められます。許可を得た場合でも、教室内では電子機器は、ケース討議に資する目的でのみ使用してください。授業中は、たとえケース討議に関連していても、検索エンジンや生成AIの使用は避けて下さい。
- 配布教材（ケースを含む）は指定された授業への参加以外の目的で利用しないで下さい。著者の権利、著作権、特定情報の機密性を保護するため、許可なく教材を個人や組織（生成AI を含む）に提供することはできません。このルールは、印刷物・電子教材のいずれにも適用されます。
- 詳細は「教室における電子機器の利用マナー・教材の適切な利用に関するガイドライン」を確認のうえ、教員の指示に従い、責任をもって遵守してください。
- Active participation and shared learning is at the core of the case method learning.Participants are asked to limit their use of electronic devices (e.g., laptops, smartphones) during classroom sessions in support of this model. Even with permission granted, devices should only be used in the classroom in service to the case discussion. Online searches and generative AI tools, even if related to the case discussion, are discouraged while class is in session.
- Students are prohibited from using the course materials (including cases) distributed by the university for any purpose other than participation in the designated class.Students must not input, process or test course materials with any artificial intelligence (AI) tools, bots, software, or platforms without the author’s permission. These actions violate the terms of use for the course materials and may also constitute copyright infringement.
- Please refer to the "Classroom Technology Guidelines / Guidelines for Properly Using Course Materials” for details, and follow the instructor’s directions. You are expected to comply with these guidelines responsibly.
教科書 Textbook
- Ronald W. Melicher, Edgar A. Norton「Introduction to Finance: Markets, Investments, and Financial Management」Wiley（2016）
参考文献・資料 Additional Readings and Resource
N.A.
授業調査に対するコメント Comment on Course Evaluation
"The course was very engaging. It helped me deepened my understanding in finance and made me love it more"
"The course was very practical and interactive. I liked that the professor explained financial concepts with real company examples, which made it easier to understand. The in-class questions and group discussions also helped me think critically and stay engaged."
"This course was excellent and was a great addition to my financial understanding. I was able to obtain a deeper knowledge on bonds, ETFS, stocks, and smart financial decisions within a company!! The professor is amazing at teaching this subject "
"The course was very practical and interactive. I liked that the professor explained financial concepts with real company examples, which made it easier to understand. The in-class questions and group discussions also helped me think critically and stay engaged."
"This course was excellent and was a great addition to my financial understanding. I was able to obtain a deeper knowledge on bonds, ETFS, stocks, and smart financial decisions within a company!! The professor is amazing at teaching this subject "
担当教員のプロフィール About the Instructor
Refereed Articles
- (2025) Influential analysis of smart transportation policy on common prosperity using casual mediation effect inference. Case Studies on Transport Policy 21(101529):
- (2025) Influential effect analysis of digital transportation policies on urban economic green transition. humanities and social sciences communications 1173
- (2025) Mapping Extent of Spillover Channels in Monetary Space: Study of Multidimensional Spatial Effects of US Dollar Liquidity. International Journal of Financial Studies 13(2):
- (2025) How Has the Renminbi’s Role in Non-USD Currency Markets Evolved After COVID-19? An Analysis Based on Spillover Effects. International Journal of Financial Studies 13(1): 2227-7072
- (2024) Climate Change and Corporate Financial Performance. Journal of Risk and Financial Management 17(7): 1911-8066