《Principles of Finance》课程实施方案（教学大纲）

1、Principles of Finance课程实施方案Course NameCourse CodeCreditClass HoursPrinciples of FinanceOPT062351Office Hour: There is no fixed time slot for office hours. If you have questions, please try to email me. If the questions demand a lengthy explanation, you can email me to arrange a time which is availab

2、le for me. I am usually available on Friday morning. Email Etiquette: Any email should include a short description of your question in the subject area. Please restrict your emails to issues that cannot be answered by reading the syllabus. I will NOT respond to emails about due dates for quiz, exam

3、dates, and chapters covered on the exams, or anything that has already been clarified in the Announcements section of Blackboard, etc. For the purpose of improving your English writing skills, youd better write the email in English. Course Description and Objectives课程描述和目标This course provides studen

4、ts with an introduction to the basic ideas of finance. The main concepts being covered are: 1) the basic characteristics of financial securities, markets and transactions 2) the time-value-of-money concepts and calculations, 3) pricing stocks and bonds using time value of money 4). return and risk c

5、oncepts and measures 5) building a two security portfolio该课程主要介绍金融学的基本内容，证券，金融市场，货币的时间价值及其算法，股票以及债券定价，利润与风险的关系，基本投资组合内容等。The primary objective of the course is to provide students with a broad overview of the process by which corporations finance their operations, growth and capital investment. Anot

6、her is to acquaint students with decision making in practice through case studies. Finally, we expect the course can contribute to improve the finance English.Prerequisites:1 Basic finance knowledge2 Basic mathematics 3 Fundamental principles of economics4 The primary knowledge of finance is not req

7、uired but will be helpful.TextbooksNo special text book is required.Topics Part I: SecurityTopicshours1Characteristics and information about common stock (Chapter 1)股票的基本简介32 Fixed income securities (Chapter 2)固定收入证券33Securities markets and transactions (Chapter 3)证券市场3Part II: Basic Concepts about

8、financial market4 Firms and Financial markets (Chapter 4)公司与金融市场35 Time Value of Money Single payment problems(Chapter 5)货币的时间价值， 单利66 Time Value of Money multiple payment problems(Chapter 6)货币的时间价值， 复利67Market efficiency and behavioral finance (Chapter 7)市场有效性与行为金融68 Bond valuation (Chapter 8)债券的价值

9、39Stock valuation (Chapter 9)股票的价值3Part III: Risk10Return and Risk (Chapter 10)风险与报酬311Portfolio construction (Chapters 11)投资组合6Part IV: Basic concepts about option612Option topic Call and Put options期货3Class Hours: 51Quiz, cases and Exams作业、案例分析和考试Class Presentation: a class presentation is require

10、d. It is an analysis of financial statements. The topic for the presentation will be given later. Quiz: there are 2 or 3 quizzes over this semester. They are closed-book/open-book test. A calculator maybe necessary for the quiz, each quiz takes 45 minutes or more depends on your response in the quiz

11、. The grade of the quiz would not be included in your final grade.Schedule NoLecture DateTopicsStyleReading Materials1introduction1.1 What is stock?1.2 Basic concepts and characteristics about stocks.1.3 Good stocks and Bad stocks.LectureThe introduction to capital market, should be focus on the mor

12、al in the capital market and the Thought of the new financial security by the Central Party.22.1 What is fixed income security2.2 The characteristics about fixed income securities2.3 Examples of some famous bonds in finance historyLectureThe history of bonds, the moral related with the bond.33.1 The

13、 basic idea about finance market3.2 The basic idea about market transactionLectureFinance market and market transaction44.1 The introduction to the relationship between firms and financial markets4.2 Why do firms need financial markets.4.3 The basic concepts of some firm characteristics that are cri

14、tical to financial marketLectureThe bombs in the financial market and the financial crisis.55.1 What is the time value of money?5.2 How to calculate the time value of money?5.3 Examples of some exercises.LectureHow to get your money more valuable. But the principle of the rule should be under regula

15、ted.6 Review Chapter 1-56.1 What is multiple payment problems in time value of moneyLecture+DiscussionMultiple payments models76.2 Examples of some questions related with multiple payment problem.Lecture+ExercisesSingle payments and Multiple payments methods.87.1 What is market efficiency?7.2 What i

16、s behavior finance?7.3 Behavior finance and investor emotion.LectureThe behavioral finance in the financial market. From earthquake to the climate98.1 Why do bonds have value?8.2 How to value a bond?LectureThe bond value method and valuation model109.1 Why do stocks have value?9.2 How to value a sto

17、ck?9.3 What is the difference between bond valuation and stock valuation.LectureThe fundamental value of the stock in the capital market1110.1 The basic concepts about return.10.2 The basic concepts about risk.10.3 The relationship between return and risk.LectureThe return and the risk, high return,

18、 low risk?1211.1 The introduction to portfolio.11.2 How to form a portfolio.11.3 Return and Risks about portfolio.LectureThe introduction to portfolio management.1312.1 What is option?12.2 What is call option and put option?12.3 What is the difference between option and stock?LectureIntroduction to

19、Options.14Discussion:1. What are the common characteristics of stocks, bonds and options?2. If you are the investor, What is your preference based on your personality.LectureA simulation of investing in different capital market products.15Class PresentationClass Presentation16Review, chapter 4 to 9R

20、eview17Review, chapter 10 to 12Review18Review, chapter 1 to 12ReviewNote: 1. this schedule is tentative and is subject to change throughout semester.Final exam: You need to submit a term paper to me in the end of the semester. The detailed requirement for the term paper would be mentioned in the cla

21、ss.Class participation: it consists of two parts. The first one is the attendance. Ill take attendance randomly. Each one of you is allowed to have 2 absences. The second part is the class discussion. Ill ask someone questions related to the reading materials. The reading materials are included in t

22、he course schedule. GRADING CRITERIAClass Presentation 30% Class participation 10%Final exam(Term Pape) 60%100Remarks:1. You are strongly encouraged to use the email to give me the feedback about the course and ask questions. Please feel free to let me know any question you have.2. Please do not quo

23、te or disperse the content of the lecture without permission 3. self-studyEthics and ProfessionalismAccountants have an obligation to the public, their profession, the organization they serve, and themselves, to maintain the highest standards of professional and ethical conduct. High standards of et

24、hics and professionalism are an integral part of an accountants job. In this class, we expect you to adhere to SWUFEs standards regarding integrity, honesty, and cheating at all times. The policy states:Academic dishonesty is unacceptable and will not be tolerated. Cheating, forgery, plagiarism and collusion in dishonest acts undermine the colleges educational mission and the students personal and intellectual growth. SWUFE students are expected to bear individual responsibility for their work, to learn the rules and definitions that underlie the practice of academic integrity, and to uphold