Đề cương chi tiết học phần Mô tả CORPORATE FINANCE (Học viện tài chính)

CORPORATE FINANCE

ACADEMY OF FINANCE

SUBJECT SYLLABUS
Subject: Corporate Finance
Lecturer:
Name: Email:

Mobile

Subject general information
• Number of credits: 2 ( 45 periods include 30 periods in class and 15 periods
self-study)
• Subject: Optional
• Subject Audience: Students of corporate finance major
Subject description
This subject aims to introduce students to finance and helps them acquire the
basic analytical skills required to make informed financial decisions. Topics
include the goal of financial management, introduction to the time value of
money, risk and return. Long-term investment, financial and dividend decisions
are also introduced.
Subject learning objectives
On successful completion of this subject students should be able to:
• Know English vocabulary in the field of corporate finance
• Know how to read reference materials and work effectively in international
environment
• Understand the role of financial management
• Explain the goal of financial decision and the importance of financial
information.
• Access to the basic principles of finance and the key tools to make financial

decisions that are time value of money, risk and returns. These are the tools
that will be applied throughout the analysis, evaluation and making financial
decisions of Chief Financial Officers


• Know how to determine the project's cash flows, the effective evaluation
methods of financing investment projects to Chief Financial Officers can
make optimal investment decisions.
• Understand two sources of financing for corporations, the relationship
between capital structure and the cost of capital, and dividend decision.
• Use various analytical techniques essential to making financial decisions
Learning resources
Required texts:
• Textbook: Dr.Vu Van Ninh, Corporate finance.
• Lecture Notes
Recommended texts
• Ross, Thompson, Christensen, Westerfied, Jodan, Fundamentals of
Corporate Finance, Fith Australian Edition, McGraw 2011
• Glend Arnold, Corporate Financial Management, Fouth Edition, Prentice
Hall 2010
• Ross, Westerfied, Jaffe,Corporate Finance, Seventh Edition,McGraw 2010
• Jaffe, Essentials of managerial Finance – Twelfth edition, Scott Besley and
Eugene F.Brigham
• Brealey and Meyers, Principles of Corporate Finance, Seventh Edition
-2006.
• Aswsth Damodaran – Corporate Finance- Theory and Practice, John Wiley
& Son, Inc Copyright 1997
….
Assessment process
There are four parts to the assessment for this course. These are:

Class Participation
Assignments
Midterm exam
Final exam
Total
Class Participation

5%
10%
20%
70%
100%


Attendance of lectures is required. Assessment of class participation will based
on your contribution to the class discussion and analyses, not simply on your
attendance.
Assignments
You must do exercises and answer questions in your textbook. Besides, you
have to complete the task assigned by lecturer. The assignments give you
opportunities to demonstrate your preparation for that day’s class discussion,
and to demonstrate your understanding from readings and prior classes
Midterm exam
This will be an in-class, closed book exam. Students will be advised of the
nature of the exam in advance of the examination period.
Final Exam
If you participate at least 08/10 sessions in full, complete a midterm exam and
a case study you will have a right to attend final exam.
The exam will cover the entire course and will be two hours long.
Content

Chapter 1: Overview of corporate finance
Chapter 2: The time value of money
Chapter 3: Risk and return
Chapter 5: Long- term investment decision
Chapter 6: The financial and dividend decision
Program
Procedure( In class)
Number

Content

Theory

1.

Chapter 1: Overview of

1.1

corporate finance
Forms
of
business

1.2

organization
Corporate finance and
corporate

1.3
1.4

financial

decisions
The financial manager
The goal of financial

Exercise Discussion Practice Exam

3

1

1

0.5

1

0.5

0,5
0.5

Total

Self-study

period

4

8


1.5

management
Financial markets and

1.6
2

the corporation (*)
Summary
Chapter 2: The time

2.1

value of money
Future
Values

2.2
2.3

Compound Interest
Present value

Future and Present Value

2.4

of Multiple Cash Flows
Level
Cash
Flows:
Perpetuities

and

and

2.5

Annuities
Inflation and the time

2.6
3

value of Money (*)
Summary (*)
Chapter 3: Risk and

3.1
3.2
3.3.

return
Risk and returns
Measuring risk
Relationship
between

3.4
5

risk and expected return
Summary (*)
Chapter 5: Long-term

5.1

investment decision
The
importance

5.2

investment decision (*)
Cash flows estimation of

5.3

project
Investment

5.4

5.5
5.6
6

Evaluation Techniques
Some specially cases (*)
Break-even analysis
Summary (*)
Chapter
6:
The

2

1

0.5

1

0.5

1

0.5

1

0.5

3

2

0,5
2

1,5

0,5

0,5

5

3

1

6

10

6

10

8

15

6

15

of

decision

financing and dividend
decision

4

1
3

2,5

1

0,5

3

1

1

1

6.1
6.2

Long- term Financing
The capital structure of
firm

6.3 The cost of capital
6.3 Dividend decision

1

0.5

0,5
1

0,5

0,5

0,5

0.5

15

9

5

6.4 Summary (*)
Total
Note: (*) self-study

1

30

TRƯỞNG BỘ MÔN

PGS.TS.Vũ Văn Ninh

58