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Tokyo Tokyo
Osaka Osaka
Nagoya Nagoya

NUCB BUSINESS SCHOOL - Graduate School of Management

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Finance Essentials

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“Corporate Finance”has been a necessary tool for top management to develop a corporate strategy and carry out business activity. The goal of this course is to learn the essence of corporate finance systematically and comprehensively and to apply it to actual business. The course also discuss the key concept of “Investments” which is another main stream of Finance.

Registration deadline:

Please note the following after registration.

Registrants must note that refunds cannot be granted when cancellation notification is received later than four weeks prior to the start date.

PgCert in MBA Essentials

Certificate

The MBA Basic Course is recommended for first-time MBA students and those who wish to solidify their foundation. The course provides basic knowledge of people, things, and money in general, which is essential for any businessperson regardless of industry, job title, or position, and enhances logical thinking skills. Upon completion of the course, participants will receive a "Certificate of Completion" to certify that they have completed the Basic MBA Course. *Non-Japanese registrants are asked to submit a certificate of Japanese proficiency (JLPT N1 or EJU score of 250 or higher).

  • Topic

    Finance

  • Business

    Management

  • Position

    Chief

  • Fee

    ¥85,000

  • Language

    Japanese

  • Format

    Virtual

Date
09:20〜16:40
09:20〜16:40
Place
Virtual
Registration deadline

Target
Professionals / Almuni

Faculty

Takeshi Kobayashi Professor

Takeshi Kobayashi

Plan

Day1 　

  1. The Role of Corporate Finance and the Time Value of Money
    This lecture begins with an overview of the differences between accounting and finance, the fundamental concepts of corporate finance, and its role. It also explains methods for quantitatively handling the value of cash flows occurring at different points in time.

  2. Risk, Return, and Cost of Capital
    Building on the concepts of risk and return in finance, we will learn about the cost of capital as compensation for shareholders and creditors. We will further discuss the relationship between the cost of capital and corporate valuation.

Day2

  1. Cash Flow
    While being mindful of the differences from accounting profits, we will learn the concept of cash flow, which forms the basis of corporate valuation. We will also explain the fundamental approach to investment projects: how to select the right business and how to choose among several options.

  2. Corporate Valuation
    Building on the previous theory, we will explain the DCF method for actually calculating shareholder value and corporate value using specific Japanese company cases. Through these cases, we will also discuss key considerations for business investments and specific measures companies should implement to enhance corporate value.

Cases

Day1

  1. 『Basic Textbook: Finance Essentials』
  2. 『Softbank: Between Evaluating Stocks and Corporate Bonds―』(Original)
  3. 『ASICS』(Original)

Day2

  1. 『Basic Textbook: Finance Essentials』
  2. 『Tobu Railway―The Skytree Project―』

Textbooks and reference materials

Textbook

  • Nobuyuki Sunagawa, “Introduction to Corporate Finance (2nd Edition)” Nikkei Inc. (2017) ISBN 978-4532113681

References

  • “Seminar: Corporate Finance” by Asaoka, Sunagawa, and Okada, 2022, Nikkei Publishing; ISBN-13 978-4532135249
  • “Approaches to Corporate Finance” by Koichi Furukawa et al. Chuo Keizai Sha, 2013 ISBN-13: 978-4502472909
  • “Corporate Finance of Japanese Companies” Nobuyuki Sunagawa, Hidetaka Kawakita, Hidenori Sugiura 2008 ISBN-13: 978-4532133450　
  • “Live! Business Skills Development Lecture: Finance” Yuichi Ishino 2021 Nikkei Publishing ISBN-13: 978-4532323790
  • “Financial Management, Revised 3rd Edition: Theory and Practice of Corporate Finance” by Higgins, 2015 ISBN-13: 978-4478027721
  • “The Mystery of Corporate Value” Toshio Miyakawa, Chuo Keizai Sha, 2016 ISBN-13: 978-4502201912
  • “HOW FINANCE WORKS: The Harvard Business School Finance Course” by Mihir A. Desai, 2020, ISBN-13: 978-4478108277

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