Lecture Fm

Vietnam National University HCMC International University SCHOOL OF melodic phrase ADMINISTRATION COURSE SYLLABUS BA016IU bedrock of fiscal commission 1. COURSE STAFF Lecturer Ms. Phan Ng? c Anh, MBA Room 205 E-mail emailprotected edu. vn Consultation hours thorium OR by appointment (preferred) Teaching sponsor TBA Should the students wish to meet the staff outside the character hours, they atomic number 18 advised to make appointment in advance. 2. COURSE INFORMATION Prerequisite persists Principles of Accounting 1 2. 1 Teaching sequences and LocationsLecture Saturday, 1300 1600 Venue C102 1 2 2. 2 Units of assent 3 credits 2. 3 Par completelyel commandment in the family N/A 2. 4 Relationship of this course to others BA207U Fundamentals of fiscal Management provides students with basic concepts of financial management. The course is provided based on first appearance knowledge of financial accounting and economics. This course may fulfill requirements of curriculum fo r students majoring in headache administration in general however is the foundation for students majoring in pay and accounting.For those students that major in finance and accounting, they ground officiate deliver on higher level of courses in finance after this course, to count for some, Corporate pay, fiscal Institutions and grocery store, Investment and Portfolio Management, International Finance, etc. 2. 5 access code to learning and direction Employing the interactive learning and problem-based teaching approach, this course emphasizes the interaction amidst proofreaders and students. The lecture materials ordain be uploaded in Blackboard to champion the students to see the materials and to concentrate on listening and critical mentation during the lecture.This give help students to interact with the lecturer during the crystaliseroom. The sessions for presentations and discussions settle company teddy studies as well as answering some abstractive and concept ual questions, which help the students to see how the concepts are applied in the realistic international business context. Students go out present the case to the class and discuss with the peers. 3. COURSE AIMS AND OUTCOMES 3. 1 score Aims The aim of this course is to expose students to and familiarize them with the theoretical frameworks and practical matters of financial management..The learning experience will include an introduction to financial management age measure out of m maveny techniques of pricing of financial instruments much(pre nominal phrase) as bonds and stocks evaluation of major projects the relationship among risk and return an introduction to Capital summation Pricing Model (CAPM) and Portfolio theory and cost of working large(p) and capital structuring. 3. 2 Student Learning Outcomes aft(prenominal) completing the course, students should be able to * Explain the purpose, goals, and immensity of financial management * Understand the relationship a mong risk and return Understand quantify esteem of money and possess skills to convert financial time set * Make basic valuation of bonds, stocks, and enthronement projects * Evaluate capital budgeting alternatives, using the firms cost of capital in conjunction with inside rate of return and net present value techniques * Compute cost of capital and capital structure. 3. 3 Teaching Strategies The learning system in this course consists of lectures and discussions. Lectures elaborate the appropriate theoretical content in the textleger and readings. divisiones provide a more diminutive and refined analysis of both concepts and applied materials. Classes are strongly oriented towards interactive discussion of the text and cases. 4. STUDENT RESPONSIBILITIES AND CONDUCT 4. 1 Workload It is disembowel judgment that the students will spend at least octad hours per week studying this course. This time should be make up of reading, research, working on exercises and problems, and attending classes. In periods where they need to complete assignments or prepare for examinations, the work load may be greater. 4. 2 AttendanceClass Attendance is Mandatory. hurl will be taken by hit-or-miss quizzes submissions at times of classes. University regulations indicate that if students attend little than eighty per cent of scheduled classes they may be refused final sound judgment. Exemptions may only be make on medical grounds. 4. 3 General bear on and Behavior Beepers, cell phones, and pagers need to be rancid off before entering the classroom. The students are anticipate to conduct themselves with consideration and respect for the needs of the gallant students and teaching staff.Conduct which un punctually disrupts or interferes with a class, such as ringing or talking on mobile phones, is non acceptable and students will be asked to leave the class. 4. 4 Keeping in exerciseed The students should take note of all announcements made in lectures or on the cou rses Blackboard. From time to time, the university will send important announcements to their university e-mail addresses without providing a penning copy. The students will be deemed to have received this information. 5. knowledge ASSESSMENT 5. 1 Formal RequirementsIn order to pass this course, the students must * achieve a composite brand of at least 50 and * make a satisfactory attempt at all assessment tasks (see below). 5. 2 Assessment Details Two Class tests 30% Mid-Term psychometric test 30% closing Exam 40% Total 100% Mid-term Exam and Final Exam Mid-term and final test will be a combination of short answer questions, application program problems and multiple-choice questions and will stew all the reading, homework, and lectures associated with the topics say on the reading list. 5. 4 Class participationStudents are expected to attend class regularly, and are obligated for materials covered during their absences. Although it is the responsibility of the student for non-attendance, the lecturer has full moon authority to drop a student for profuse absences. 5. 5 Special Consideration Request for especial(a) consideration (for final examination only) must be made to the Office of donnish Affairs indoors one week after the examination. General insurance and information on special consideration can be found at the Office of Academic Affairs. 6. ACADEMIC HONESTY AND PLAGIARISMPlagiarism is the presentation of the thoughts or work of another as ones ingest (definition proposed by the University of Newcastle). Students are also reminded that careful time management is an important part of study and one of the identified causes of plagiarism is poor time management. Students should seize sufficient time for research, drafting, and the proper referencing of sources in preparing all assessment items. The university regards plagiarism as a form of academic misconduct, and has very strict rules regarding plagiarism. 7. STUDENT RESOURCES 7. cart tra ck Resources Required textbook Brealey, R. A. , Myers, S. C. and Marcus, A. J. , Fundamentals of Corporate Finance, fifth ed, McGraw Hill 2007 Note the course will cover Chapter 1 12 Recommended readings Recommended website http//highered. mcgraw-hill. com/sites/007353062x/information_center_view0/ http//www. mhhe. com/business/finance/corpfinonline/. pack Finance Tutor Series. www. finance. yahoo. com www. bloomberge. com www. reuters. com www. vneconomy. com www. efinance. com. vn Other recommended books Brigham, E. F. and Houston, J. F. 2007), Fundamentals of Financial Management, 11th edn, South-Western. Ross, S. A. , Westerfield, R. W. , and Jordan, B. D. (2010) Fundamentals of Corporate Finance 7th ed, McGraw Hill. Additional materials provided in Blackboard The lecturer will attempt to make lecture notes and spare reading operable on Blackboard. However this is not an automatic entitlement for students doing this subject. Note that this is not a place learning course, a nd you are expected to attend lectures and take notes. This way, you will get the additional benefit of class interaction and demonstration. 7. Other Resources, Support and Information 1 Additional learning assistance is useable for students in this course and will be made available in Blackboard. Academic journal articles are available through connections via the VNU Central Library. Recommended articles will be duly informed to the students. 8. COURSE SCHEDULE Week way out Learning materials 1 basis to corporate financeIntroduction CorporationGoals of the corporationAgency problemsFinancial DecisionInvestment DecisionFinancing DecisionDividend PolicyRoles of Financial ManagerWhy corporations need financial securities industrys?Functions of financial markets and intermedias Textbook, Chapter 1 2 sequence respect of MoneyBasic conceptsTime line/ Future values (FV)/ point values (PV)Simple interest rate (SR)/ meld interest rate(CR)Multiple cash flowsFuture value of Multiple bills FlowsPresent value of Multiple silver FlowsPerpetuity cash flowsPresent jimmy of a PerpetuityOrdinary rente cash flow/ annuity due(p) cash flow Future Value of an AnnuityPresent Value of an Annuity Textbook, Chapter 4 3 Time Value of Money (Cont. Growing ordinary annuity cash flow/ Growing annuity due cash flow Future Value of an developing annuityPresent Value of an growing annuityMortgate loansInflation and time value of moneyReal versus nominal cash flowsEffective annual interest ratesQuiz 1 Textbook, Chapter 4 4 Bonds and their evaluationBond characteristicsBond evaluationCoupon bonds, semi-annual coupon bondsZero-coupon bondsBond yieldCurrent yieldYield to maturity (YTM)Rate of returnRelationship between market interest rate and bond priceBond premiums and bond discounts Textbook, Chapter 5 5 Stock and their evaluationEquity versus debtCommon stocks Preferred stocksBook values, Liquidation values, and foodstuff valuesStock valuation Dividend cut Model (DDM)Zero gr owth car park stocksConstant growth common stocksDifferential growth common stocksPreferred stocksGrowth stocks and Income stocksMid-Term Textbook, Chapter 6 6 Project Investment Criteria and Capital Budgeting DecisionCapital budgeting decisionCapital budgeting processProject classificationsNet Present Value (NPV) methodInternal Rate of Return (IRR) methodPayback Period (PP)/ Discount Payback period (DPP) methodProfitability Index (PI) Textbook, Chapters 7 7 Project Investment Criteria and Capital Budgeting (Cont. Principles of identifying cash flowsCalculating Cash Flows Capital investmentOperating cash flowsInvestment in working capitalTerminal-year additive cash flowMinicaseQuiz 2 Textbook, Chapter 8 8 Introduction to encounter, Return and Opportunity Cost of CapitalIntroduction relationship between Risk and ReturnHistorical overview of risk and returnRates of returnMeasuring riskVariance and standard deviation Risk and diversificationDiversificationAsset versus portfolio risk Variance and standard deviation of returns for a two-asset portfolioUnique risk versus market risk Textbook, Chapters 10 9 Risk, Return and capital budgetingMeasuring market riskConcept of betaPortfolio betasRisk and returnCapital Asset Pricing Model (CAPM)Security Market Line (SML)Capital budgeting and Project Risk Textbook, Chapter 11 10 Capital Structure and Cost of CapitalMeasuring capital structureMarket versus book weightCost of capital Cost of debtCost of preferred stocksCost of equityCost of retained earningWeighted mediocre Cost of Capital (WACC)WACC and business evaluation Textbook, Chapter 12 11 Revision 1 . This is adapted with gracious permission from the University of New South Wales.