財務策略與管理
Financial Strategies and Management
| 節 | 週一 |
|---|---|
A 18:30–19:20 | 財務策略與管理 A701 3 節連堂 |
B 19:30–20:20 | |
C 20:30–21:20 |
* 根據陽明交大上課時間表所列
This course will guide the students from the entry-level field of financial management to the advanced-level field of financial decision making. The course is devoted to the study and discussion on several strategic decisions in the area of corporate finance. First, we will introduce students to a framework of business life cycle. Along each stage over the cycle, various business risks will be addressed and proper financial strategies will then be introduced. Then, to equip students with the important analytical skill in conducting financial decision making, the course will bring students to the subjects of business valuation. Various valuation approaches will be addressed. Lastly, eight cases in financial decision devised by the Harvard Business School will be utilized in the class. Students are responsible for studying and expressing their views on each of the eight cases. Students need to keep up with the pace of the class by reading the course materials in advance and answering the suggested questions accordingly. The format of the course will basically be a mixture of lecture, student presentation and discussion. Each group of students will be assigned to one to two cases. It is strongly recommended that each one of you start to prepare for the assigned topic and collect relevant information and articles for gaining background knowledge.
Fundamental Financial Management Students are required to take a comprehensive exam that covers those essential concepts and analytical tools of financial management in the beginning of the semester.
a. Case Presentation There will be eight cases to be done in team. Each group is responsible for each of the eight cases for either presentation or discussion during the semester. The detail will be given in the beginning of the semester. b. Reading Assignments I will assign homework problems for each of the teams to discuss and reply. Homework problems are mostly from end-of-chapter questions. You are supposed to work on the assigned problems promptly after each session. c. Comprehensive Exam: To ensure that everyone entering the class has the fundamental knowledge needed for more advanced study, a comprehensive exam will be given in the 3rd week of the semester. Students are encouraged to pre-study or review their financial management knowledge learned in their college. If students do not have the background knowledge, they are then encouraged to take an elementary course in financial management first. If a student fails the comprehensive exam, he/she then fails the course automatically.
Item Percentage Comprehensive review exam 20% (individual) Case reports 50% (group) Homework problems 10% (group) Attendance and Discussion 20% (individual)
| 週次 | 主題 |
|---|---|
| 第 1 週 | 財務策略概論、課程大綱介紹、相關規定 |
| 第 2 週 | 期前考複習 |
| 第 3 週 | 期前考範圍 Time value of money Analysis of financial statements Risk and return The capital structure The decision rules in capital budgeting Cash flow estimation and risk analysis |
| 第 4 週 | 哈佛個案教學與個案簡介 |
| 第 5 週 | 連結財務策略與營運策略 |
| 第 6 週 | 創立期及成長期的財務策略 |
| 第 7 週 | 成熟期及衰退期的財務策略 |
| 第 8 週 | 資本運作: 收購、合併、重整、私有股權基金 |
| 第 9 週 | 收益途徑評價的架構與程序、預估現金流量 |
| 第 10 週 | Linking strategy and innovation: Materials Technology Corporation (New start up) |
| 第 11 週 | Du Pont Kevlar Aramid Industrial Fiber (New venture) |
| 第 12 週 | Ceres gardening company: Funding growth in organic products (Growth) |
| 第 13 週 | Flash memory (Growth) |
| 第 14 週 | Valuation of Air Thread ANetscape’s initial public offering (IPO) |
| 第 15 週 | Lincoln Electric: Venture Abroad (Mature) |
| 第 16 週 | Bankruptcy and restructuring at Marvel Entertainment Group (Bankruptcy) |
| 第 17 週 | Sealed Air Corporation’s Leveraged Recapitalization (Restructure) |
| 第 18 週 |
1. Corporate Financial Strategy, 3rd. Edition, by Ruth Bender and Keith Ward, Butterworth-Heinemann 2009, (華泰文化代理) 2.企業評價:原理與實務,洪志洋著,新陸書局,2010 3. Harvard Cases
- 地點
- A709
- 時間
- 一 17:00-18:30
- 聯絡方式
- 03-5731980