Syllabus
Financial Management
Master of Management - Jakarta Program
Executive Class A – 33A
Universitas Gadjah Mada
Facilitator
Contact Information
:
:
Academic Year
:
Reza Masri
Mobile: +62 8111 331286
Email: rezamasri@gmail.com
Feb 2013 – Jul 2013
BASIC RULES
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Ethics: no cheating, no plagiarism.
Maintain order during class discussion: switch off cell phone!
Active class discussion: read materials beforehand.
COURSE DESCRIPTION
The course is designed to equip students with further understanding of the concepts of financial
management and their applications in business corporations. It would begin by covering basic
financial concepts and tools such as time value of money, risk and return, financial statements and
cash flows estimation which develop into the notion of valuation, an important aspect in major
financial management decisions, namely investing decisions, financing decisions and income
distribution decisions.
OBJECTIVES
After taking this course, students are expected to have thorough understanding of the theories
underlying financial management decisions as well as to have some exposure to the practices in
reaching the decisions.
COURSE TEACHING & DISCUSSION
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The course is delivered through a combination of class teaching, discussion, exercises and
writing.
Basic materials are delivered during class teaching by the facilitator and interactive discussion
with all class participants.
Understanding of necessary mechanics and calculation may be enhanced by in-class exercises
and home works.
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Case studies are incorporated into the course design through group analysis and presentation of
the cases that are followed by discussion by all class participants.
EVALUATION & GRADING
Final Exam
30%
Mid-Term Exam
30%
Discussion (case presentation & discussion, class
participation)
Papers (case analysis, home works, etc)
25%
15%
CASE STUDY
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Case study is group assignment.
All groups are required to make a summary report of every case that should be submitted before
the class presentation and discussion of the case.
Each group will be given assignment to analyse and present a case. The presenting group should
give copies of the case report & presentation slides to all members of the class as materials for
discussion.
Case report and presentation should at least cover background, underlying theories/approaches,
analysis & conclusion/recommendation.
Time allocation for each case discussion: group presentation ±45 minutes, class discussion ±45
minutes, facilitator’s remarks ±30 minutes.
REFERENCES
1. Brigham, Eugene F and Ehrhardt, Michael C.; Financial Management; 13th Edition; Thomson;
2010.
2. Bruner, R.F.; Case Studies in Finance; 5th edition; McGraw-Hill; 2007 (For case discussion).
3. Other relevant reading materials.
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COURSE SCHEDULE
Session
1
Monday
11-Feb-13
2
Tuesday
12-Feb-13
Monday
25-Feb-13
Tuesday
26-Feb-13
Monday
18-Mar-13
6
Tuesday
19-Mar-13
7
Monday
Monday
01-Apr-13
08-Apr-13
3
4
5
Date
Topics
Overview of Financial Management
Financial Statements & Cash Flows
Financial Statements Analysis
Bonds & Valuation
Risk & Return
Stocks & Valuation
Cost of Capital
Cash Flow Estimation
Financial Planning & Forecasting
Corporate Valuation
Distribution to Shareholders
Capital Structure
IPO (Initial Public Offering)
Merger & Acquisition
MID TERM EXAM
Working Capital Management
Case Study: “Krispy Krepe Doughnut Inc”
8
Tuesday
09-Apr-13
Presenting Team: Group 1
Financial Options
Case Study: “Diamond Chemicals plc (A)”
Ref.
Ch. 1
Ch. 2
Ch. 3
Ch. 5
Ch. 6
Ch. 7
Ch. 9
Ch. 11
Ch.12
Ch. 13
Ch. 14
Ch. 15
Ch. 20
Ch. 21
Ch. 16
Bruner’s Case
#6, p.83
Ch. 8
Bruner’s Case
#20, p.279
Presenting Team: Group 2
9
Monday
22-Apr-13
10
Tuesday
23-Apr-13
11
Monday
13-May-13
12
Tuesday
Monday
14-May-13
27-May-13
Multinational Financial Management
Case Study: “Gainesboro Machine Tools
Corporation”
Presenting Team: Group 3
Project Financing
Case Study: “JetBlue Airways IPO
Valuation”
Presenting Team: Group 4
Derivatives & Risk Management
Case Study: “The Wm. Wringley Jr.
Company: Capital Structure, Valuation,
and Cost of Capital”
Presenting Team: Group 5
Real Options
Case Study: “Deutsche Bank Securities:
Financing the Acquisition of Consolidated
Supply S.A.”
Presenting Team: Group 6
FINAL EXAM
Ch. 17
Bruner’s Case
#25, p.327
Module
Bruner’s Case
#26, p.343
Ch. 22
Bruner’s Case
#29, p.381
Ch. 25
Bruner’s Case
#33, p.449
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