Course title

Financial Management

Responsible person
TONGURAI Jittima
to enter grades
Numbering CodeJ2ML600

Day・Period, etc. Tues1、Tues2(対面)

開講区分

単位数

3rd quarter

2.0

Timetable Slot
Code3J373

Lesson topic
This course introduces finance concepts and theories commonly used in making corporate financial decisions andprovides knowledge for the analyses of firms' financial issues, including the assessment of firm performance,
financial planning, asset valuation, risk and return, cost of capital, financial leverage and capital structure,
capital budgeting, and working capital management (e.g., cash collection and disbursement, credit management, andinventory management). This course aims to equip students with financial knowledge and analytical skills for making
effective decisions to achieve the corporate goal of firm value/shareholders’ wealth maximization.

Lesson target
Upon completing this course, students should be able to understand key concepts and theories of corporate financeand be able to use financial tools and techniques for business management and decision-making.

Syllabus and planThis course is primarily delivered through face-to-face classes. However, real-time online classes or hybridclasses (a combination of face-to-face and online sessions) may be offered in certain situations, such as thoserequiring physical distancing. Students are encouraged to regularly check announcements in BEEF+. The tentative
schedule is as follows:
Week 1: Financial Management, Decision Making and Firm Performance
Week 2: Valuation: Time Value of Money, Bond Valuation, Stock Valuation
Week 3: Risk and Return, Portfolio Theory and the Capital Asset Pricing Model
Week 4: Leverage and Capital Structure, Cost of Capital
Week 5: Capital Budgeting: Free Cash Flow, Capital Budgeting Criteria and Investment Decision
Week 6: Working Capital Management: Management of Cash, Credit and Inventory
Week 7: Contemporary Topics in Corporate FinanceWeek 8: Conclude and Final Examination
Evaluation method
The final grade will be evaluated based on the following process:
Assignments 10%
Midterm Examination 30%
Group Project (Report & Presentation) 30%
Final Examination 30%

Evaluation baseline
Students should be able to explain key concepts and theories of finance, analyze financial problems using financial
tools and techniques, and make rational decisions on issues related to business finance.

Notice (include info. on related class)This course is primarily offered to students of the KIMAP program. Exchange students (as special auditing students)
are permitted to register for the course but must obtain advanced permission from the administration of theGraduate School of Business Administration. Note that applications may not be accepted if the number of applicants
exceeds the class capacity. Additionally, students must possess adequate English proficiency to participate inclass activities, such as discussions and presentations.

Review and preparation
Kobe University requires students to complete 45 hours of study to earn one credit, including both in-class
instruction and independent study. Students are expected to prepare for each class and complete reviews afterward,aligning with the respective class goals. Reading materials, covering finance theories, concepts, and examples ofsolving financial problems, are uploaded on BEEF+ for study. Key issues and concepts will be emphasized duringclass meetings. Discussions in class may extend beyond the scope of the handouts for certain topics.

Office hour・Contact information
Office Hours: Wednesday 2nd period (10:40-12:10)
Make an appointment via email.

Message for student
This course is conducted exclusively in English and participation in class activities is mandatory. Therefore,
students registering for this course must have an adequate level of English proficiency, encompassing reading,speaking, listening, and writing skills. Attendance for all classes is expected, along with active participation in
discussions, and timely completion and submission of all assignments. Any issues regarding class performance should
be promptly brought to the attention of the instructor.

Improvemenets in Teaching
Changes in topics and evaluation method

Text
Handouts and class materials will be available on BEEF+ for study purposes. Additional recommended readings will be
introduced during class meetings.
Essentials of Corporate Finance / Ross, S., Westerfield, R., & Jordan, B. : 11th edition, McGraw-Hill Education,2022 ,ISBN:978-1265103514
Reference Material

Financial Management: Principles and Applications / Titman, S., Keown, A.J., & Martin, J.D. : Global Edition, 14thedition, Pearson Education ,2020 ,ISBN:978-1292349824
Financial Management: Theory & Practice / Brigham, E.F., & Ehrhardt, M.C. : 17th edition, Cengage Learning ,2023,ISBN:978-0357714485
Classroom Language
EnglishKeywords
Exchange student (special auditing student), Corporate finance, Valuation, Risk