《FinancialManagement》教學(xué)大綱(本科)

《FinancialManagement^教學(xué)大綱課程英文名FinancialManagement課程代碼I0203Z00學(xué)分3總學(xué)時(shí)48理論學(xué)時(shí)48實(shí)驗(yàn)/實(shí)踐學(xué)時(shí) 0課程類別專業(yè)課課程性質(zhì)必修先修課程高數(shù)、線性代數(shù)、概率論與數(shù)理統(tǒng)計(jì)、貨幣銀行學(xué)、經(jīng)濟(jì)學(xué)原理適用專業(yè)金融工程開課學(xué)院經(jīng)濟(jì)與管理學(xué)院執(zhí)筆人一、課程地位與課程目標(biāo)審定人制定時(shí)間2018年4月（一）課程地位Themainaimofthismoduleistoprovidearigorousgroundinginthetheoryandpracticeoffinancialmanagement.Financialmanagementisconcernedwiththeassessmentoftheinvestmentandfinancingdecisionsoffirms.Thismoduleelaboratesontheconceptsthatstudentswereintroducedtointhemodule"foundationsoffinance\Withinthismodulestudentswillgainknowledgeofthetheoreticalfoundationsunderlyingmuchoffinancialmanagementpracticeandlearnhowthosetheoriesshouldbeappliedinpractice.Thismodulewillexploreinvestmentandfinancingfunctionsofanorganisationingreatdetailbycoveringsuchissuesasadvancedinvestmentappraisal,riskandreturnandtreasurymanagement.Studentswillalsobeencouragedtocriticallyengagewiththesubjectareabyreflectingupontheacademictheoriesthatunderpinfinancialmanagementpractice.Theoriesofmarketbehaviour,capitalstructure,dividendpoliciesandsharepricingwillbeincorporatedintothesyllabustoensurewellroundedcoverageofeachtopic.Thismodulewillbeassessedbyanexamination.Uponcompletionofthismodule,studentsshouldbeabletodemonstrateacomprehensiveunderstandingofthemainelementsofcorporatefinancialmanagement.（二）課程目標(biāo)Thismodule,likeallmodulesatAngliaRuskin,istaughtonthebasisofachievingintendedlearningoutcomes.Onsuccessfulcompletionofthemodule,thestudentwillbeexpectedtobeabletodemonstratethefollowing:KnowledgeandunderstandingLO1.Demonstrateknowledgeandcriticalunderstandingofessentialcomponentsofmodernfinancialmanagement;LO2.Explorecomplexityandcontradictionsofcurrentacademicliteratureanditsimplicationsforprofessionalpractice;Intellectual,practical,affectiveLO3.Applyproblemsolvingandanalyticskillstoissuesinandtransferableskillscorporatefinance;LO4.Usespecialisedtechnical,professionalandacademicskillsintheanalysisofrelevantspecificproblemsinfinancialmanagement.Theassessmentisbasedonmeetingtheselearningoutcomes,shownexplicitlyinsection4,wheretheassessmenttaskislinkedtotheselearningoutcomes.

二、課程目標(biāo)達(dá)成的途徑與方法課程目標(biāo)達(dá)成的途徑主要通過課堂教學(xué)，輔以課外作業(yè)的形式。三、課程目標(biāo)與相關(guān)畢業(yè)要求的對(duì)應(yīng)關(guān)系課程目標(biāo)課程目標(biāo)對(duì)畢業(yè)要求的支撐程度（H、M、L）畢業(yè)要求3畢業(yè)要求4畢業(yè)要求7課程目標(biāo)1HHM課程目標(biāo)2MHH課程目標(biāo)3HMM課程目標(biāo)4MML四、課程主要內(nèi)|谷與基本要求Thetablebelowindicateshowthemodulewillbedelivered.However,thisscheduleisindicativeandmaybesubjecttochange.NoTopicSynopsisSessions1IntroductiontoFinancialManagementModuleStructureandLearningoutcomes;ShareholderWealthandStakeholderValues2hoursworkshop/Activelearning2EconomicEnvironmentforBusinessAnoverviewoffinancialcrisis,earlywarningsignalsandcost;Thecreditcrunch;KeyissuesimpactonMultinationalCorporations;Thelinkagesbetweenmacroeconomicindicatorsandmicroeconomicweaknessesatcorporatelevel;Tacticstomanagefinancialcrisesintheirearlydays;Togainanoverviewofdifferenthedgingtechniques?2hoursworkshop/ActivelearningNoTopicSynopsisSessions3CapitalandMoneyMarketsMoneyandcapitalmarkets;EquityandBondMarkets;Stockindices;Internationalinformationtransmission;MarginandShort-selling.2hoursworkshop/Activelearning4Derivativesmarkets:Options.Optionwriter-optionbuyer;CallandPutoptions;Tradingstrategies;2hourworkshop/Activelearning5RiskandReturn(1)TheconceptsofRiskandReturn;Analysisofthepastperformanceofsecurities;Therelationbetweenriskandreturnforaportfolio;Theimportanceandcharacteristicsofrisk-freeassets;2hourworkshops/Activelearning6RiskandReturn(II):PortfolioDiversificationTheconceptofPortfolioDiversification;Passiveversusactiveinvestmentstrategies?2hourworkshops/Activelearning7Globalfinancialinterconnectedness:InternationalPortfolioDiversificationModernPortfolioTheoryintheinternationalcontext;ReturnandVolatilityspillovers;Meteor-showerandHeat-waveHypotheses;Globalstockmarketslinkages?Assessmentbriefexplained4hourworkshop/Activelearning8InvestmentAppraisal:Payback,IRR,MIRRandNPVIRR;MIRR;Payback;NPV?4hourworkshop/Activelearning9CapitalStructureandWeightedAverageCostofCapitalFinancialandbusinessrisk;CapitalStructure;Equityanddebtcapital;Costofdebtaftertaxesandcostofequity;CAPMmodel+6assumptionsofCAPM;WACC?4hourworkshop/Activelearning10DividendPolicyDividends;High,low,stabledividends;Dividendsasaresidual.4hourworkshop/Activelearning11EfficientmarkethypothesisRandomwalk;3formsofEMH;2hourworkshop/Activelearning12BehaviouralFinanceandTechnicalAnalysisPreparingformultiplechoiceexamusingmaterialsprovided;Summaryofthemodule?2hourworkshop/Activelearning

NoTopicSynopsisSessions13EquityandDebtValuationFundamentalanalysis;EquityValuation(DCF,DDM,GordonGrowth);DebtValuation(Corporatebonds).4hourworkshop/Activelearning14RiskmanagementforeigncurrencyandinterestrateriskExchangeRateRisk;Forex;SpotandForwardmarkets;Students'presentations?4hourworkshop/Activelearning15Examrevision?????Gettingreadyforexam;Multiplechoicequestions;Practicalexercise;Questions/answerssessionSummaryoftheFinancialManagementmodule4hourworkshop/Activelearning五、課程學(xué)時(shí)安排教學(xué)內(nèi)容教學(xué)內(nèi)容學(xué)時(shí)數(shù)學(xué)生任務(wù)對(duì)應(yīng)課程目標(biāo)1IntroductiontoFinancialManagement21、22EconomicEnvironmentforBusiness2作業(yè)11、23CapitalandMoneyMarkets2作業(yè)22、34Derivativesmarkets:Options.42、35RiskandReturn(I)226RiskandReturn(II):PortfolioDiversification4作業(yè)33、47Globalfinancialinterconnectedness:InternationalPortfolioDiversification41、2、38Investment Appraisal:Payback,IRR,MIRRandNPV4作業(yè)43、49Capital Structure andWeightedAverageCostofCapital4作業(yè)51、2、3、410DividendPolicy43、4

11Efficientmarkethypothesis41、212BehaviouralFinanceandTechnicalAnalysis42、13EquityandDeb