Course【课程名称】: FinancialManagement

Course Description【课程简介】:
This course will provide students with an introduction to the fundamentals of modern financial analysis and applications to business challenges in capital budgeting, project evaluation, corporate investment and financing decisions, and basic security analysis and investment management.

Objectives【课程目标】:
This course aims toprovide the students with the fundamental concepts, principles and approaches of corporate finance, enable the students to apply relevant principles and approaches in solving problems of corporate finance and help the students improve their overall capacities.

Course Content【课程内容\课程大纲】:
1. Value
Goals and governance of the firm；How to calculate present values；Valuing bonds；The value of common stocks；Net present value and other investment criteria；Making investment decisions with the net present value rule
2. Risk
Introduction to risk and return；Portfolio theory and the capital asset pricing model；Risk and the cost of capital
3. Best Practices in Capital Budgeting
Project analysis；Investment, strategy, and economic rents；Agency problems, compensation, and performance measurement
4. Financing Decisions and Market Efficiency
Efficient markets and behavioral finance；An overview of corporate financing；How corporations issue securities
5. Payout Policy and Capital Structure
Payout policy；Does debt policy matter; How much should a corporation borrow；Financing and valuation
6. Options
Understanding options；Valuing options；Real options
7. Debt Financing
Credit risk and the value of corporate debt；The many different kinds of debt； Leasing
8. Risk Management
Managing risk；Managing international risks
9. Financial Planning and Working Capital Management
Financial analysis；Financial planning；Working capital management
10. Mergers, Corporate Control, and Governance
Mergers；Corporate restructuring；Governance and corporate control around the world
11. Conclusion: What We Do and Do Not Know About Finance

【课程名称】: 财务管理

【课程介绍】:
财务管理主要讲授企业财务与财务管理的基本概念、基本内容、基本方法，是从企业的角度分析企业筹资和投资的基本理论和方法，其理论基础是微观经济学，学生学习之后，能运用所学理论和方法，解决公司的理财问题，使企业资产增值。

【课程目标】:
通过本课程学习，使学生了解企业财务管理的概念、目标、任务与方法体系；使学生理解企业财务管理所必需的法律、金融和经济环境；使学生通晓企业负债和股权融资的相关理论和运作程序；使学生掌握流动资产、固定资产及金融资产投资管理的相关理论和运作程序；使学生掌握企业利润分配的政策、原则、程序和制约因素等内容，并了解股票分割和购回的相关理论；使学生了解企业清算的有关财务理论及运作程序。

【课程内容\课程大纲】:
1. 价值理论
企业目标和治理；现值计算；债券估值；普通股的价值；净现值与其他准则；根据净现值法则进行投资决策
2. 风险
风险与收益概论；投资组合理论和资本资产定价模型；风险和资本成本
3. 资本预算实务
项目分析；投资、战略与经济租金；代理问题、薪酬与业绩评估
4. 融资决策和市场有效性
有效市场与行为金融学；公司融资概述；公司的证券发行
5. 资金支出政策与资本结构
股利政策；负债政策的重要性；公司负债额度；融资与估值
6. 期权
理解期权；期权的估值；实物期权
7. 债务融资
信用风险与公司债务的价值；各类债务；租赁
8. 风险管理
管理风险；管理国际风险
9. 财务规划与营运资本管理
财务分析；财务计划；营运资本管理
10. 兼并、公司控制与公司治理
兼并；公司重组；世界各国的公司治理与公司控制
11. 总结
总结：已知与未知的财务理论