教學(xué)大綱課程名稱(chēng)：公司理財(cái)（雙語(yǔ)）一、教學(xué)目的和要求Themainobjectiveofthecourseistointroducetothestudentssomegeneralaspectsofthefinancialmanagementenvironment,financialanalysis,investmentdecision,etc.Theskillstounderstand,analyzeandsolveproblemsareessentialtothemanagementofenterprises,sostudentsareexpectedtobemoreawareoftheproblems,deepentheirunderstandingofproblemsandissues,andimprovetheirskillsinsolvingnumerousproblemsincorporatefinancialmanagement.二、教學(xué)中應(yīng)注意的問(wèn)題1.Studentsareamajorcomponentofthelearningprocessandwillbeexpectedtoattendclass.2.Excessiveabsenceandtardinesswillresultinalowercoursegrade.三、教學(xué)內(nèi)容PARTIINTRODUCTION本章教學(xué)目的和要求：PartIdefinesthefinancefunction,examinesthegoalsofthefirm,considerstheroleofthefinancialmanager,reviewsthestructureandfunctioningofthedomesticandinternationalfinancialmarketplace.Thebasicconceptsofshareholderwealthmaximization,cashflow,andmarketefficiencyarepresented.本章教學(xué)重點(diǎn)和難點(diǎn)：Masterthebasicconceptsofshareholderwealthmaximization,cashflow,andmarketefficiencyarepresented.Chapter1andChapter21.WhatisFinance?

2.GoalsoftheFirm

3.AgencyProblem

4.FinancialSystem

5.MarketEfficiencyHypothesis

PARTIIDETERMINANTSOFVALUATION本章教學(xué)目的和要求：PartIIdevelopsthetheoryofvaluation,includingacomprehensivetreatmentoftimevalueofmoneyconcepts,thevaluationoffixedincomesecurities,andthevaluationofequitysecurities.Theroleofinvestmentbankersintheissuanceofsecuritiesisdiscussed.Risk-returnanalysisconceptsarepresented.本章教學(xué)重點(diǎn)和難點(diǎn)：Mastertimevalueofmoneyconcepts,thevaluationoffixedincomesecurities,andthevaluationofequitysecurities.FromChapter3toChapter7TheTimeValueofMoneyValuingFinancialSecurities

1)Bond2)PreferredStock

3)CommonStock3.RiskandReturnPARTIIICAPITALINVESTMENTDECISION本章教學(xué)目的和要求：PartIIIpresentsthecapitalinvestmentdecision,emphasizingboththetheoreticalandthepracticalaspectsofcapitalbudgeting,includingtherole-playedbyrealoptionsinthecapitalbudgetingprocess.本章教學(xué)重點(diǎn)和難點(diǎn)：Mastercapitalbudgeting.FromChapter8toChapter111.TheCostofCapital

2.CashFlowAnalysis

3.CapitalBudgetingDecisionCriteria

4.OtherMethodsinCapitalBudgeting

5.CapitalBudgetingandRisk

6.TheOptimalCapitalBudgetingPARTIVCAPITALSTRUCTUREANDDIVIDENDPOLICY本章教學(xué)目的和要求：PartyIVdealswiththecostofcapital,thedeterminantsofanoptimalcapitalstructure,anddividendpolicy.本章教學(xué)重點(diǎn)和難點(diǎn)：Masterdividendpolicy.FromChapter12toChapter141.BreakevenAnalysis

2.OperatingLeverageandBusinessRisk

3.FinancialLeverageandFinancialRisk

4.CombinedLeverage

5.TheCapitalStructureTheory

6.DividendPolicyPARTVWORKINGCAPITALMANAGEMENT本章教學(xué)目的和要求：PartyValsocoversfinancialforecastingtechniques.PartyVIcoversleasefinancing,financingwithderivatives.本章教學(xué)重點(diǎn)和難點(diǎn)：FromChapter15toChapter171.FinancialForecasting

2.WorkingCapitalPolicy

3.TheManagementofCashMarketableSecurities

4.MangementofAccountsReceivableandInventoriesPARTVIADVANCEDTOPTICS本章教學(xué)目的和要求：PartyVIcoversleasefinancing,financingwithderivatives.本章教學(xué)重點(diǎn)和難點(diǎn)：1.LeasesFinancing

2.FinancingWithDerivatives四、教學(xué)課時(shí)分配表教學(xué)課時(shí)分配表章節(jié)名稱(chēng)課時(shí)分配(學(xué)時(shí))課堂授課實(shí)驗(yàn)上機(jī)討論課外備注PARTIINTRODUCTION4PARTIIDETERMINANTSOFVALUATION8PARTIIICAPITALINVESTMENTDECISION8PARTIVCAPITALSTRUCTUREANDDIVIDENDPOLICY8PARTVWORKINGCAPITALMANAGEMENT8PARTVIADVANCEDTOPTICS4合計(jì)48總授課課時(shí)48注：課時(shí)分配表中的課時(shí)可根據(jù)課程需要進(jìn)行調(diào)整。五、ReferenceBooks:1．ArthurJ.Keown,J.WilliamPetty,DavidF.Scott,Jr.andJohnD.Martin,FoundationofFinance,SecondEdition,1998byPrentice-Hall,Inc.

2．RichardA.Brealey,StewartC.Myers,PrinciplesofCorporateFinance,FifthEdition,2001byMcGraw-Hill.

3．StephenA.Ross,RandolphW.Westerfield,JeffreyF.Jaffe,CorporateFinance,FifthEdition,1999byMcGraw-Hill.

4．RichardPike,BillNeale,CorporateFinanceandInvestment,FourthEdition,2003byPrenticeHall.

5．W.Kester,etc,CaseProblemsinFinance,1997byMcGraw-Hill.

6．《公司理財(cái)精要》，斯蒂芬·羅斯等著，張建平譯，人民郵電出版社，2003年1月

7．《公司財(cái)務(wù)管理》蔣屏主編，對(duì)外經(jīng)濟(jì)貿(mào)易大學(xué)出版社，2001年

8．《當(dāng)代西方財(cái)務(wù)管理》，周首華