财务管理系统基础英文大纲设计

1、Foun dati on of Finan cial Man ageme nt Module syllabus Teacher Name: Zhan wei Liu School Name: Xucha ng Uni versity 1. Unit description Finan cial man ageme nt is part of the decisi on-mak ing, pla nning and con trol subsystems of an en terprise.It in corporatesthe treasury function, which includes

2、 the management of working capital and the implicatio ns aris ing from excha nge rate mecha ni sms due to intern ati onal competiti on,evaluati on, select ion, man ageme nt and con trol of new capitalin vestme nt opport un ities, rais ing and man ageme nt of the Ion g-term financing of an en tity. T

3、he man ageme nt of risk in the differe nt aspects of the finan cial activities un dertake n is also addressed. Study ing this course should provide you with an overview of the problems facing a finan cial man ager in the commercial world. It will introduce you to the concepts and theories of corpora

4、te finance that underlie the techniques that are offered as aids for the un dersta nding, evaluati on and resoluti on of finan cial man agers problems. This subject guide is written to supplement the Essential and Further reading listedfor this course, not to replace them. It makes no assumpti ons a

5、bout prior kno wledge other tha n that you have completed Prin ciples of acco un ti ng. The aim of the course is to provide an un dersta nding and aware ness of both the un derly ing con cepts and practical applicati on of the basics of finan cial man ageme nt. The subject guide and the readi ngs sh

6、ould also help to build in your mi nd the ability to make critical judgme nts of the stre ngths and weak nesses of the theories, just as it should be help ing to build a criticalappreciation of the uses and limitations of the same theories and their possible applicati ons. On successful completi on

7、of the module, lear ners will be able to: describe how differe nt finan cial markets fun cti on and estimate the value of differe nt finan cial in strume nts (in cludi ng stocks and bon ds) make capital budgeting decisionsunder both certaintyand un certa inty apply the capital assets prici ng model

8、in practical sce narios discuss the capital structure theory and divide nd policy of a firm estimate the value of derivatives and advise man ageme nt how to usederivatives in risk man ageme nt and capital budgeti ng describe and assess how compa nies man age work ing capital and short- term financin

9、g 2. Pre-requisite un its and assumed kno wledge Acco un ti ng. Econo mics 3. Lear ning aims and outcomes Lear ning Outcome 1 Expla in the method of finan cial an alysis and pla nning ASSESSMENT CRITERIA: a. Expla in the goals and objectives of finan cial man ageme nt b. Demon strate a reas on able

10、ability to prepare the three basic finan cial stateme nts c. Discuss the method of finan cial an alysis d. Explain the operating leverage, financialleverage. and combined leverage Lear ning Outcome 2 Expla in the man ager how to man age worki ng capital ASSESSMENT CRITERIA: a. Explai n the con text

11、of risk-return an alysis b. Explain the financialmanager how to choose between liquid, low-retur n assets and more profitable, less liquid assets Lear ning Outcome 3 Expla in the process of the capital budgeti ng ASSESSMENT CRITERIA: a. Discuss the time value of money b. Expla in the valuati on of b

12、onds and stocks c. Expla in the cost of capital and capital structure d. Expla in the capital budgeti ng decisi on and risk-retur n an alysis Lear ning Outcome 4 Explain the Iong-term financing in the capital markets ASSESSMENT CRITERIA: a. Expla in the Ion g-term debt and lease financing b. Expla i

13、n the com mon stock and preferred stock financing c. Explai n the divide nd policy and retai ned earnings d. Explain the warrants and convertiblescovered, as well as the more conventional methods of financing 4. Weighti ng of final grade Grades will be assig ned on the basis of the follow ing perce

14、ntages: Atte ndance 10 Participatio n 10 *Group discussi on 10 *Prese ntati on 20 Quiz 20 Final Exam (Lear ning outcome 2,3) 30 Total 100 5. Grad ing A 100-95 A- 94-90 B+ 89-87 B 86-83 B- 82-80 C+ 79-77 C 76-73 C- 72-70 D+ 69-67 D 66-63 D- 62-60 F 59 or lower 6. Policies Atte ndance Policy Attendanc

15、e in class is a very important part of your learning experienee. As such, failure to attend class will reduce your grade, and maybe grounds for failure in the course. If you are late to class, your attendance score mayalso be affected. In the eve nt of un avoidable abse nces, such as serious ill nes

16、s, or deaths in the family, stude nts may be requested to provide docume ntary evide nee of the reas on for their abse nee to their academic coordi nator. You should not give these to your in structor. Stude nts are solely responsible for the makeupof any missed classes, and for obtaining any class

17、materials or assig nments that they may miss. You are expected to come to class prepared to actively participate in class discussi ons. Participati on Policy Students should participate in theirchosen classes actively and effectively.The ParticipationGrade is related to the Attendance Grade. Student

18、s final attendance grade is the maximum of their participation grade. Participationgrade will be based on a variety of factors including,but not limited to taking part in class discussions and activities, completing assig nmen ts, being able to an swer questio ns correctly, obey ing class rules, and

19、 being prepared for class, freque nt visit ing your in structors and chatting in English during their office hours is highly recommended. Policy on Assig nments and Quizzes Students should finish their assignments completely and punctually. Assig nment should be submitted on the date appo in ted by

20、the in structor. If a stude nt cannot hand in the assig nment on time, the reas on able excuse will be n eeded. Late assig nments will receive a maximum grade of 80. An assig nment that is late for 3 days will be corrected but receive 0. You are recommendedprint all your assignment in the uniform fo

21、rmat with the heading of Student s Pledge of no cheating. Written assignment or printed ones without the uniform heading of pledge will receive a maximum grade of 80. It is mandatory to have weekend assignment every week. Any weekend assignment should be submitted on first class of next week. It is

22、mandatory to have holiday assignment on the public holidays. Any holiday assignment should be submitted on the first day on returning to school. Students are required to do a multitude of presentations during the course. Plagiarism and Copy ing Plagiarism is using some on eelse s work or ideas as yo

23、ur own without giving them proper credit or copy ing some one else s work and prese nting it as your own.There has a very strict plagiarism policy and will not tolerate academic cheati ng in any form. Pen alties can be as severe as expulsi on from the uni versity. At the very least, no one will rece

24、ive any credit for assig nments that appear to be copied from ano ther stude nt. To avoid plagiarism, do your own work, or cite the work of others appropriately. You can refer to the course catalogue for more informationabout plagiarism policy. If you cheat on the homework, I can guarantee you that

25、you will fail the class. Every exam I give has several problems that require you to submit journal en tries, create finan cial stateme nts in proper form, or to create schedules show ing certa in details that you have to calculate. If you do not practice doing these things by doing the homework your

26、self and correcting your own work in class, you will lose a significantnumber of points on the exams. Classroom Policies No eating, cellular phones, electronicdictionaries,smoking, chatt ing or drows ing in class. Please speak in En glish rather tha n Chin ese in class. Stude nts are not allowed to

27、atte nd class without textbooks. Stand up whe n an sweri ng questio ns. Respect classmates ideas, opinions, and questionsof your classmates. You are welcome to visit the instructor s office in his/her office hours. Take good care of the laboratory facilities. Do not splash water on the desktop. When

28、each class is over, hang the earpho ne on the han ger. Put the trash in to the trash-b in. All your classroominvo Iveme nt,performa nee and after-class com muni cati ons with in structorwill affect your participati on score. 7. Texts and other recourses The primary textbook: Stanley B.Block. Foundat

29、ion of financial management, 14th ed. The suppleme ntary textbook: Richard A. Barealey et al(2011) fun dame ntals of corporate finan ce(6th ed.). Renmin uni versity of China press WEB SITES: http:/my.lo ndonin ternatio nal.ac.uk Teach ing methods Discussi ons and Homework 8. Sessi on Pla n Week Dura

30、ti on Contents Chapters covered Outcomes covered 1 2 In troduct ion and finan cial an alysis 1 1 Functions and goals of financial man ageme nt(1a) In come stateme nt,bala nee sheet, stateme nt of cash flows(1b) 2 2 2 In troduct ion and finan cial an alysis Ratio and trend an alysis(1c) Impact of fin

31、an cial 2 3 1 3 2 Finan cial forecast ing Pro forma in come stateme nt(1c) Cash budget Pro forma bala nee sheet 4 1 4 2 Operating and financial leverage Operati ng leverage(ld) Finan cial leverage Combining operating and financial leverage 5 1 5 2 Work ingcapitaland the financing decisi on Con troll

32、i ng assets.(2a) The financing decisi on Shifts in assets structure 6 2 6 2 Curre nt asset man ageme nt Cash man ageme nt(2b) Man ageme nt of acco unts receivable Inven tory man ageme nt 7 2 7 2 Sources of short-term financing Trade and bank credit(2b) Use of collateral in short-term Acco unting receivablefinancing, inven tory financing 8 2 8 2 The time value of money Future value, Prese nt value(3a) The annuity value 9 3 9 2 Valuati on and rates of return 10 3 Valuation of bon ds(3b) Valuati on of preferred stock Valuatio n of com mon stock 10 2 Cost of capital