财务管理英文课件1.ppt

1、Financial ManagementFinancial Management(双语课双语课)Given by：王庆华：王庆华Email:北京化工大学经济管理学院北京化工大学经济管理学院2010年年8月月Text Book&Requiatment1.Your mark：(1)Assignment&class discussion：40%(2)Final exam：60%2.Text book：财务管理基础财务管理基础Fundamentals of Financial ManagementE.F.Brigham&J.F.Houston,沈洪涛，沈艺峰改编，沈洪涛，沈艺峰改编，Thomson 和

2、高等教育出版社和高等教育出版社3.Reference Books:(1)财务成本管理财务成本管理注册会计师考试用书；注册会计师考试用书；(2)公司财务公司财务 刘力刘力 北京大学出版社；北京大学出版社；(3)财务管理学财务管理学荆新、王化成主编，人民大学出版社；荆新、王化成主编，人民大学出版社；(4)企业财务学企业财务学王化成主编，人大出版社王化成主编，人大出版社 (5)Brealey and Myers,8th Edition,The McGraw-Hill Companies,Inc.,2007，机械出版社（双语注释版），机械出版社（双语注释版）(6)Ross,Westerfield an

3、d Jaffe,7th Edition,The McGraw-Hill Companies,Inc.,2007,机械出版社（双语注释版）机械出版社（双语注释版）4.Course name:Corporate Finance,Financial Management,Business Finance,etc.Course Outline1.Course Pre-requisite:Financial Accounting or equivalent.2.Course objectives:This course is designed for the student,not only the f

4、inance major,but also accounting major.We will cover a lot of ground.We will begin with a general overview and then go into more detail on several concepts,financial instruments,and techniques used in financial decision making.The chief objectives of the course are:1.To introduce you to the world of

5、 finance.Anyone involved with the management of a business needs to have at least some minimal knowledge of business finance.2.To introduce you to basic financial concepts such as the time value of money,asset valuation,and risk and return.My hope is that by the end of the class you will have a basi

6、c grasp of finance principles and that you go beyond just memorizing a number of facts and formulas.Doing so will enable you to better understand current events in Finance and will provide a solid framework for any subsequent courses you may take in Finance.Hopefully,by the end of the semester you w

7、ill want to take additional classes in Finance!The structure of this class makes your individual study and preparation outside class extremely important.The lecture material will focus on the major points introduced in the text.Reading the assigned chapters and having some familiarity with them befo

8、re class will greatly assist your understanding of the lecture.After the lecture,you should study your notes and work relevant problems that I will assign you.3.Course Schedule This schedule is extremely tentative,and subject to change.Any variations will be announced in class.Week 1 Introduction /C

9、hapter 1:An Overview of Financial ManagementWeek 2 Chapter 2:Time Value of MoneyWeek 3Chapter 3:Risk and Rates of ReturnWeek 4 Chapter 3:Risk and Rates of ReturnWeek 5Chapter 4:Bonds and Their ValuationWeek 6/1Chapter 4:Bonds and Their ValuationWeek 6/2Chapter 5:Stocks and Their ValuationWeek 7Chapt

10、er 5:Stocks and Their ValuationWeek 8Chapter 6:The Cost of CapitalWeek 9Chapter 7:The Basics of Capital BudgetingWeek 10Chapter 8:Cash Flow EstimationWeek 11Chapter 9:Capital Budgeting under UncertaintyWeek 12Chapter 10:Capital Structure and LeverageWeek 13 Chapter 11:Distributions to ShareholdersWe

11、ek 14 Chapter 12:Managing Current AssetsWeek 15 Chapter 13:Financing Current AssetsWeek 16 Review WeekUseful Websites： http:/http:/Chapter 1 An Overview of Financial ManagementI.Learning ObjectivesI.Learning ObjectivesAfter reading this chapter,students should be able to:1.Explain the career opportu

12、nities available within the three interrelated areas of finance.2.Identify some of the forces that will affect financial management in the new millennium.3.Describe the advantages and disadvantages of alternative forms of business organization.4.Briefly explain the responsibilities of the financial

13、staff within an organization.5.State the primary goal in a publicly traded firm,and explain how social responsibility and business ethics fit in with that goal.6.Define an agency relationship,give some examples of potential agency problems,and identify possible solutions.7.Identify major factors tha

14、t determine the price of a companys stock,including those that managers have control over and those that they do not.1.Career Opportunities in FinanceII.What is Business finance?II.What is Business finance?Money and capital marketsInvestmentsBusiness Finance or Financial management2.Role of Finance

15、in a Typical Business OrganizationBoard of DirectorsPresidentVP:SalesVP:FinanceVP:OperationsTreasurerControllerCredit ManagerInventory ManagerCapital Budgeting DirectorCost AccountingFinancial AccountingTax Department1.Cash&Securities2.Capital structure3.Pension fund4.Risk3.Responsibility of the Fin

16、ancial StaffMaximize stock value by:Forecasting and planningInvestment and financing decisionsCoordination and controlTransactions in the financial marketsManaging riskDividend policy&distribution decisions4.Financial Management Issues of the New MillenniumThe effect of changing technologyThe globalization of businessPercentage of Revenue and Net Income from Overseas Operations for 10 Well-Known Corporations,2001Company%of Revenue from overseas%of Net Income from overseasCoca-Cola60.835.9Exxon M