[major=BBA_IB | course_id=FIN303 | syllabus_id=13789 | semester=8 | combo=IB_COM4 | title=Advanced Corporate Finance]
Course ID: FIN303
Title EN: Advanced Corporate Finance
Title VI: Tài chính doanh nghiệp nâng cao
Credits: 3.0
Prerequisites: FIN202
Description: The course provides students with continuous corporate finance theories relating to a firm's financial decision, working capital management, how to manage its financial performance more effectively to survive competition and takeover in a practical environment.
Upon successful completion, students will have the knowledge and skills to:
* Discuss theories and practices of capital structure selection, and payout policy;
* Discuss practices to optimize the use of net working capital;
* Design a long-term financial plan for an organization;
* Critically evaluate finance theories, concepts, assumptions, limitations and arguments.
Topics include: Capital Budgeting, Capital Rationing and The Cost of Capital, Working Capital Management, Capital Raising for a Firm, Financial Planning and Forecasting, Capital Structure and Dividend Policy, Corporate Risk Management.
Student tasks: - Class attendance is strongly encouraged. Attend at least 80% of class hours in order to be accepted to the final examination
- Actively participate in class activities
- Fulfill tasks given by instructor after class
- Use their own laptop in class only for learning purpose
- Read the textbook in advance
- Access the course website (http://flm.fpt.edu.vn) for up-to-date information and material of the course, for online supports from teachers and other students and for practicing and assessment.
Tools: - Internet
- Use of AI: students are permitted to utilise AI tools to assist with class discussions on the Edunext platform and to support content outlining and slide preparation for both individual and group assignments.
Course type: traditional
Decision: 1402/QĐ-ĐHFPT dated 12/12/2025
Approved date: 2025-12-12
CLO1: Evaluate investment and financing decisions
[1] category=Class Participation; type=on-going; weight=10.0; duration=; question_type=; grading_guide=; completion_criteria=; clos=>0
[2] category=Essay test; type=on-going; weight=15.0; duration=In class (60 minutes); question_type=CLO1, CLO2, CLO3, CLO4; grading_guide=All topics, knowledge, skills covered in the classes; completion_criteria=; clos=>0
[3] category=Group Assignment; type=on-going; weight=20.0; duration=OP1: Presentation in class and report submission; OP2: (For Constructivism Approach only): Follow lecturer's proposal; question_type=CLO1, CLO2, CLO3, CLO4, CLO5, CLO6; grading_guide=Comprehensive reading, understanding issues, presenting problems,Personal qualities: Individual responsibility, self-esteem, sociability, self-management, and integrity.; completion_criteria=; clos=>0
[4] category=Individual Assignment; type=on-going; weight=10.0; duration=OP1: report submission; OP2: (For Constructivism Approach only): Follow lecturer's proposal; question_type=CLO1, CLO2, CLO5; grading_guide=Integration of studied knowledge and skills; completion_criteria=; clos=>0
[5] category=Mid-term test (MT); type=on-going; weight=15.0; duration=In class (60 minutes); question_type=CLO1, CLO5; grading_guide=Chapters covered so far; completion_criteria=; clos=>0
[6] category=Final exam; type=Final exam; weight=30.0; duration=60 minutes; question_type=CLO1, CLO2, CLO3, CLO4; grading_guide=All topics, knowledge, skills covered in the classes; completion_criteria=; clos=4
[1] desc=Fundamentals of Corporate Finance; author=Robert Parrino, Thomas Bates, Stuart L. Gillan, David S. Kidwell; publisher=Wiley; edition=5th, International Adaptation; isbn=ISBN: 978-1-119-79544-5; main=True; online=True; note=Wiley - Vital Source
[2] desc=Fundamentals of Corporate Finance; author=Robert Parrino, David KidWell; publisher=John Wiley; edition=2nd; isbn=; main=True; online=; note=
[3] desc=Fundamentals of Corporate Finance; author=Robert Parrino, David KidWell; publisher=John Wiley; edition=; isbn=; main=True; online=; note=
[4] desc=AI For Everyone; author=Deep Learning AI; publisher=Deep Learning AI & Coursera; edition=; isbn=; main=; online=True; note=https://www.coursera.org/learn/ai-for-everyone
[5] desc=Introduction to Artificial Intelligence (AI); author=IBM; publisher=IBM & Coursera; edition=; isbn=; main=; online=True; note=https://www.coursera.org/specializations/ai-foundations-for-everyone
Session 1: - Course Introduction
- Introduction to AI Integration
Topic: Offline; Teaching type: CLO0; LO: I
ITU: Book, Slides
Materials: FIN303_chap1-10
Tasks: https://drive.google.com/drive/folders/1VUNGwtIwrKysmmEZ1q866Fv7NJEfAzwW?usp=sharing
Download: Self review

Session 2: Review: Valuation of future cash flows and Capital Budgeting decisions
Chapter 5, 6, 8
Topic: Offline; Teaching type: ; LO: T, U
ITU: Book, Slides
Materials: FIN303_chap11-20
Download: Self review

Session 3: Review (cont): Valuation of future cash flows and Capital Budgeting decisions
Chapter 9, 10, 11
Topic: Offline; Teaching type: ; LO: T, U
ITU: Book, Slides
Download: Self review

Session 4: Chapter 7: Risk and return
7.1 Risk and return
7.3 The variance and standard deviation as measure of risk
Topic: Offline; Teaching type: CLO3; LO: I, T
ITU: Book, Slides
Download: Self review, additional reading following chapter
CLO2: Explain the implications of theory for practical financial management
Session 1: Chapter 7 (cont)
7.4 Risk and deversification
7.5 Systematic risk
Topic: Offline; Teaching type: CLO3; LO: I, T
ITU: Book, Slides
Download: Self review, additional reading following chapter

Session 2: Chapter 7 (cont)
7.6 Compensation for bearing systematic risk
7.7 The CAPM
Topic: Offline; Teaching type: CLO3; LO: I, T
ITU: Book, Slides
Download: Self review, additional reading following chapter

Session 3: Chapter 13: The Cost of Capital.
13.1 The Firmís Overall Cost of Capital
Topic: Offline; Teaching type: CLO1; LO: I, T
ITU: Book, Slides
Download: Self review, additional reading following chapter

Session 4: Chapter 13 (cont): The Cost of Capital.
13.2 The Cost of Debt
Topic: Offline; Teaching type: CLO1; LO: I, T
ITU: Book, Slides
Download: Self review, additional reading following chapter
CLO3: Compare various models of investment decision making under uncertainty
Session 1: Chapter 13 (cont): The Cost of Capital.
13.2 The Cost of Debt
Topic: Offline; Teaching type: CLO1; LO: I, T
ITU: Book, Slides
Download: Self review, additional reading following chapter

Session 2: Chapter 13 (cont): The Cost of Capital.
13.3 The Cost of Equity
Topic: Offline; Teaching type: CLO1; LO: T, U
ITU: Book, Slides
Download: Do homework, self review, additional reading following chapter

Session 3: Chapter 13 (cont): The Cost of Capital.
13.4 Using the WACC in Practice
Topic: Offline; Teaching type: CLO1; LO: T, U
ITU: Book, Slides
Download: Do homework, self review, additional reading following chapter

Session 4: Individual Assignment Guidelines
Topic: Offline; Teaching type: CLO4, CLO5; LO: U
ITU: Book, Slides
Download: Read Assignment Instruction
CLO4: Distinguish various types of corporate risk and hedging management choice
Session 1: Chapter 15: How Firms Raise Capital.
15.1 Bootstrapping
15.2 Venture Capital.
Topic: Offline; Teaching type: CLO1; LO: I, T
ITU: Book, Slides
Download: Do homework, self review, additional reading following chapter

Session 2: Chapter 15 (cont): How Firms Raise Capital.
15.3 Initial Public Offering.
15.4 IPO Pricing and Cost.
Topic: Offline; Teaching type: CLO1; LO: I, T
ITU: Book, Slides
Download: Do homework, self review, additional reading following chapter

Session 3: Chapter 15 (cont): How Firms Raise Capital.
15.5 General Cash Offer by a Public Company
15.6 Private Markets
15.7 Commercial Bank Loans
Topic: Offline; Teaching type: CLO1; LO: T, U
ITU: Book, Slides
Download: Do homework, self review, additional reading following chapter

Session 4: Progress Review-Chap 7, 13, 15
Topic: Offline; Teaching type: CLO1; LO: U
ITU: Book, Slides
Download: https://flm.fpt.edu.vn/gui/role/student/Discuss solutions of provided exercises/case study/topic for discussion
CLO5: Apply critical thinking, problem solving and presentation skills to individual and/or group activities dealing with advanced corporate finance and demonstrate in an individual summative assessment task the acquisition of a comprehensive understanding of the topics covered in corporate finance.
Session 1: Progress Review-Chap 7, 13, 15
Topic: Offline; Teaching type: CLO1; LO: U
ITU: Book, Slides
Download: https://flm.fpt.edu.vn/gui/role/student/Discuss solutions of provided exercises/case study/topic for discussion

Session 2: Progress Review-Chap 7, 13, 15
Topic: Offline; Teaching type: CLO1; LO: U
ITU: Book, Slides
Download: Report assignment progress
Prepare questions relating to assignment for discussion

Session 3: Chapter 16: Capital Structure Policy
16.1 Capital Structure and Firm Value.
Topic: Offline; Teaching type: CLO1; LO: I, T
ITU: Book, Slides
Download: Self review, additional reading following chapter

Session 4: Chapter 16 (cont): Capital Structure Policy
16.2 The Benefits and Costs of Using Debt.
Topic: Offline; Teaching type: CLO1; LO: I, T
ITU: Book, Slides
Download: Self review, additional reading following chapter
CLO6: Practice ability to work collaboratively within a team to prepare to prepare a clear oral report and/or academic written report
Session 1: Chapter 16 (cont): Capital Structure Policy
16.3 Two Theories of Capital Structure
16.4 Practical Considerations in Choosing a Capital Structure
Topic: Offline; Teaching type: CLO1; LO: I, T
ITU: Book, Slides
Download: Self review, additional reading following chapter

Session 2: Chapter 17: Dividends and Dividend Policy.
17.1 Dividends
17..2 Stock Repurchases.
17.3 Dividends and Firm Value
Topic: Offline; Teaching type: CLO1; LO: I, T
ITU: Book, Slides
Download: Self review, additional reading following chapter

Session 3: Chapter 17 (cont): Dividends and Dividend Policy.
17.4 Stock Dividends and Stock Splits.
17.5 Setting a Dividend Policy.
Topic: Offline; Teaching type: CLO1; LO: I, T
ITU: Book, Slides
Download: Self review, additional reading following chapter

Session 4: Chapter 17: (con)
Practice, find out dividend policy of some listed companies
Topic: Offline; Teaching type: CLO1; LO: T, U
ITU: Book, Slides
Download: Self review, additional reading following chapter
Session 1: Progress Review-Chap 16, 17
Topic: Offline; Teaching type: CLO1; LO: U
ITU: Book, Slides
Download: https://flm.fpt.edu.vn/gui/role/student/Discuss solutions of provided exercises/case study/topic for discussion

Session 2: Progress Review-Chap 16, 17
Topic: Offline; Teaching type: CLO1; LO: U
ITU: Book, Slides
Download: https://flm.fpt.edu.vn/gui/role/student/Discuss solutions of provided exercises/case study/topic for discussion

Session 3: Group Assignment Guidelines
Topic: Offline; Teaching type: CLO4, CLO5, CL6; LO: U
ITU: Book, Slides
Download: Create groups
Read assignment instruction

Session 4: Midterm Test (chap 13,15,16,17)
Topic: Offline; Teaching type: CLO1, CLO5; LO: U
ITU: Book, Slides
Download: Review all covered chapters
Session 1: Midterm Test (chap 13,15,16,17)
Topic: Offline; Teaching type: CLO1, CLO5; LO: U
ITU: Book, Slides
Download: Review all covered chapters

Session 2: Assignment Discussion
Topic: Offline; Teaching type: CLO4, CLO5, CL6; LO: U
ITU: Book, Slides
Download: Report assignment progress
Prepare questions relating to assignment for discussion

Session 3: Chapter 14: Working Capital Management.
14.1 Working Capital Basics
14.2 The Operating and Cash Conversion Cycles.
Topic: Offline; Teaching type: CLO2; LO: I, T
ITU: Book, Slides
Download: Self review, additional reading following chapter

Session 4: Chapter 14 (cont): Working Capital Management.
14.3 Working Capital Investment Strategies.
14.4 Accounts Receivable.
Topic: Offline; Teaching type: CLO2; LO: I, T
ITU: Book, Slides
Download: Self review, additional reading following chapter
Session 1: Chapter 14 (cont)
14.5 Inventory Management.
14.6 Cash Management and Budgeting.
Topic: Offline; Teaching type: CLO2; LO: I, T
ITU: Book, Slides
Download: Do homework, self review, additional reading following chapter

Session 2: Chapter 14 (cont)
14.7 Financing Working Capital
Topic: Offline; Teaching type: CLO2; LO: I, T
ITU: Book, Slides
Download: Do homework, self review, additional reading following chapter

Session 3: Chapter 14: Practice
Topic: Offline; Teaching type: CLO2; LO: T, U
ITU: Book, Slides
Download: https://flm.fpt.edu.vn/gui/role/student/Discuss solutions of provided exercises/case study/topic for discussion

Session 4: Chapter 14: Practice (cont)
Topic: Offline; Teaching type: CLO2; LO: T, U
ITU: Book, Slides
Download: https://flm.fpt.edu.vn/gui/role/student/Discuss solutions of provided exercises/case study/topic for discussion
Session 1: Chapter 19: Financial planning and forecasting
19.1 Financial planning
19.2 Financial planning models
Topic: Offline; Teaching type: CLO3; LO: I, T
ITU: Book, Slides
Download: Self review, additional reading following chapter

Session 2: Chapter 19 (cont): Financial planning and forecasting
19.3 A better financial planning model
19.4 Beyond the basic planning models
Topic: Offline; Teaching type: CLO3; LO: I, T
ITU: Book, Slides
Download: Self review, additional reading following chapter

Session 3: Chapter 19 (cont)
19.5 Managing and financing growth
Topic: Offline; Teaching type: CLO3; LO: I, T
ITU: Book, Slides
Download: Do homework, self review, additional reading following chapter

Session 4: Chapter 19: (cont)
Practice, guideline on using excel
Topic: Offline; Teaching type: CLO3; LO: T, U
ITU: Book, Slides
Download: Self review, additional reading following chapter
Session 1: Chapter 19: (cont)
Practice, guideline on using excel
Topic: Offline; Teaching type: CLO3; LO: T, U
ITU: Book, Slides
Download: Do homework, self review, additional reading following chapter

Session 2: Individual assignment submission
Topic: Offline; Teaching type: ; LO: U
ITU: 
Download: Submiss assignment on time and align with instruction

Session 3: Chapter 20: Corporate Risk Management
20.1 Why Companies Manage Corporate Risks
20.2 Managing Operational, Business, and Financial Risks
Topic: Offline; Teaching type: CLO4; LO: I, T
ITU: Book, Slides
Download: Self review, additional reading following chapter

Session 4: Chapter 20 (cont): Corporate Risk Management
20.3 Forwards and Futures
20.4 Swaps
Topic: Offline; Teaching type: CLO4; LO: I, T
ITU: Book, Slides
Download: Self review, additional reading following chapter
Session 1: Chapter 20 (cont): Corporate Risk Management
20.5 Financial Options
Topic: Offline; Teaching type: CLO4; LO: I, T
ITU: Book, Slides
Download: Do homework, self review, additional reading following chapter

Session 2: Chapter 20 (cont): Corporate Risk Management
20.6 Option Valuation
Topic: Offline; Teaching type: CLO4; LO: I, T
ITU: Book, Slides
Download: Self review, additional reading following chapter

Session 3: Chapter 20 (cont): Corporate Risk Management
20.7 Real Options
Topic: Offline; Teaching type: CLO4; LO: I, T
ITU: Book, Slides
Download: Self review, additional reading following chapter

Session 4: Chapter 20 (cont): Corporate Risk Management
20.8 Agency Costs
Topic: Offline; Teaching type: CLO4; LO: I, T
ITU: Book, Slides
Download: Do homework, self review, additional reading following chapter
Session 1: Progress Review-Chap 19, 20
Topic: Offline; Teaching type: CLO4; LO: U
ITU: Book, Slides
Download: https://flm.fpt.edu.vn/gui/role/student/Discuss solutions of provided exercises/case study/topic for discussion

Session 2: Progress Review-Chap 19, 20
Topic: Offline; Teaching type: CLO4; LO: U
ITU: Book, Slides
Download: https://flm.fpt.edu.vn/gui/role/student/Discuss solutions of provided exercises/case study/topic for discussion

Session 3: Group assignment submission
Topic: Offline; Teaching type: ; LO: U
ITU: 
Download: Submiss assignment on time and align with instruction

Session 4: Essay test
Topic: Offline; Teaching type: CLO1, CLO2, CLO3, CLO4; LO: U
ITU: Book, Slides
Download: Review all covered chapters
Session 1: Essay test
Topic: Offline; Teaching type: CLO1, CLO2, CLO3, CLO4; LO: U
ITU: Book, Slides
Download: Review all covered chapters

Session 2: Course Review
Topic: Offline; Teaching type: ; LO: U
ITU: Book, Slides
Download: Review all covered chapters

Session 3: Group Presentations
Topic: Offline; Teaching type: CLO1, CLO2, CLO3, CLO4, CLO5, CLO6; LO: U
ITU: Book, Slides
Download: Review all covered chapters

Session 4: Group Presentations
Topic: Offline; Teaching type: CLO1, CLO2, CLO3, CLO4; LO: U
ITU: Book, Slides
Download: Review all covered chapters
Session 1: Group Presentations
Topic: Offline; Teaching type: CLO1, CLO2, CLO3, CLO4; LO: U
ITU: Book, Slides
Download: Review all covered chapters

Session 2: Group Presentations
Topic: Offline; Teaching type: CLO1, CLO2, CLO3, CLO4; LO: U
ITU: Book, Slides
Download: Review all covered chapters

Session 3: Group Presentations
Topic: Offline; Teaching type: CLO1, CLO2, CLO3, CLO4; LO: U
ITU: Book, Slides
Download: Review all covered chapters

Session 4: Group Presentations
Topic: Offline; Teaching type: CLO1, CLO2, CLO3, CLO4; LO: U
ITU: Book, Slides
Download: Review all covered chapters