Finance, Strategy, and Value Creation of Corporation
| Numbering Code | Year/Term | 2022 ・ Second semester | ||
|---|---|---|---|---|
| Number of Credits | 2 | Course Type | Lecture | |
| Target Year | Target Student | |||
| Language | Day/Period | Tue.1 | ||
| Instructor name |
SATO KATSUHIRO (Part-time Lecturer) ISAGAWA NOBUYUKI (Graduate School of Management Professor) |
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| Outline and Purpose of the Course | This course will address value-creation management of corporations from the viewpoints of strategy and finance. We will start reviewing the basics of strategy and finance from intuitive and practical angles, and then discuss what value creation management is. Topics to be covered include value-based management, business portfolio optimization, corporate/business strategies, mergers and acquisitions, business operations, and leadership. Participants will be requested to choose a company and develop a proposal on how to make value creation/value up of the selected company as a groupwork assignment. This will be a unique course where participants will learn and apply these knowledge and skills in strategy and finance into real-world companies as if they were a top management executive. The instructor, Katsuhiro Sato, is an active partner of McKinsey & Company, Tokyo. He received a Ph.D. degree from GSM Kyoto University. | |||
| Course Goals | This course should develop mindset and skills of participants as a top management executive of corporations, and bring them to be ready to apply those skills in strategy and finance to real world management issues, and make managerial decision makings for value creation. | |||
| Schedule and Contents |
The course will comprise of 15 sessions, lectures, case discussions, and student group work presentations. Final term examination will be a report submission on a topic to be selected out of the course contents. 1. Introduction to value creation management as an intersection of strategy and finance 2. Recap of basics in finance and capital markets 3. Recap of basics in valuation 4. Drivers of value creation management - growth and ROIC 5. Issues and challenges in value creation management of corporations 6. Strategy and value creation management 7. Strategy and value creation management - continued 8. Mergers & acquisitions, and value creation management 9. Operations and value creation management 10. Business portfolio optimization and value creation management 11. Activist capitalism and value creation management 12. Case discussion (Harvard Business School case) #1 13. Case discussion (Harvard Business School case) #2 14. Student group presentation: 4 teams, 15 minutes each including Q&A and discussions 15. Wrap up of the course - mindset and leadership as a top management executive for value creation management |
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| Evaluation Methods and Policy |
Class attendance and participation in discussion (20%) Group presentation of a value creation/value up plan of a selected company (40%) Final term exam (40%) |
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| Course Requirements | Basic understanding about finance and strategy is a plus, but not required | |||
| Study outside of Class (preparation and review) | Participants are enrouraged to read the assigned reference materials prior to lectures, but not mandatory. Chapters/sectionsof reference materials will be suggested separately before the course stars. | |||
| Textbooks | Textbooks/References | Course materials will be provided. | ||
