Syllabus_PF_Fall_2013_PTA
Syllabus for Principles of Finance
Shanghai Advanced Institute of Finance, SJTU
MBA2013 PTA, Fall 2013
1
GENERAL INFORMATION
Instructor 1
Office
Phone
Email
Instructor 2
Office
Phone
Email
Professor YAN, Hong
Room 604
(021) 6293 2031 hyan@saif.sjtu.edu.cn Teaching Associate
Office
Phone
Email
Dr SHAN, Chenyu
Room 713
(021) 6293 4514 cyshan@saif.sjtu.edu.cn Class Location
Class Time
2
Associate Professor WU, Fei
Room 718
(021) 6293 4499 fwu@saif.sjtu.edu.cn Room 304, Datong Plaza
October 26, November 2, 9, December 1, 8, 15
Morning Session: 9:00 - 12:00
Afternoon Session: 13:30 - 16:30
Evening Session: 18:30-21:30
COURSE DESCRIPTION
Finance consists of two broad areas: Investment Analysis and Corporate Finance. This course provides you with an introduction to the most fundamental elements of both investment analysis and corporate finance. As managers, your goal is (or should be) to create value for your organization. The course makes value creation its centerpiece and establishes a systematic set of principles that are general, as they may apply to any investment project you or your firm might consider, including investment in land or plants, marketing campaigns, research and development programs, changes in the supply chain or information systems, etc. Therefore, the Principles of Finance course lays down the foundation will enable us to learn how to efficiently manage assets, liabilities, and equity in order to maximize the wealth of respective owners while handling the conflicts between them in this and subsequent courses.
These principles are reflected in the capital-budgeting process. The basic idea is to view an investment project as a series of cash outflows and inflows over the life of the project. Once the
1
project’s cash flows have been fully identified, we adjust them to reflect how desirable these cash flows are in terms of timing and risk – this adjustment is called discounting – and add up the
Shanghai Advanced Institute of Finance, SJTU
MBA2013 PTA, Fall 2013
1
GENERAL INFORMATION
Instructor 1
Office
Phone
Instructor 2
Office
Phone
Professor YAN, Hong
Room 604
(021) 6293 2031 hyan@saif.sjtu.edu.cn Teaching Associate
Office
Phone
Dr SHAN, Chenyu
Room 713
(021) 6293 4514 cyshan@saif.sjtu.edu.cn Class Location
Class Time
2
Associate Professor WU, Fei
Room 718
(021) 6293 4499 fwu@saif.sjtu.edu.cn Room 304, Datong Plaza
October 26, November 2, 9, December 1, 8, 15
Morning Session: 9:00 - 12:00
Afternoon Session: 13:30 - 16:30
Evening Session: 18:30-21:30
COURSE DESCRIPTION
Finance consists of two broad areas: Investment Analysis and Corporate Finance. This course provides you with an introduction to the most fundamental elements of both investment analysis and corporate finance. As managers, your goal is (or should be) to create value for your organization. The course makes value creation its centerpiece and establishes a systematic set of principles that are general, as they may apply to any investment project you or your firm might consider, including investment in land or plants, marketing campaigns, research and development programs, changes in the supply chain or information systems, etc. Therefore, the Principles of Finance course lays down the foundation will enable us to learn how to efficiently manage assets, liabilities, and equity in order to maximize the wealth of respective owners while handling the conflicts between them in this and subsequent courses.
These principles are reflected in the capital-budgeting process. The basic idea is to view an investment project as a series of cash outflows and inflows over the life of the project. Once the
1
project’s cash flows have been fully identified, we adjust them to reflect how desirable these cash flows are in terms of timing and risk – this adjustment is called discounting – and add up the