NATIONAL ECONOMICS UNIVERSITY SOCIALIST REPUBLIC OF VIETNAM

CENTER FOR ADVANCED EDUCATIONAL PROGRAMS Independence – Freedom – Happiness

SYLLABUS

1. GENERAL INFORMATION
Title: Corporate Finance 1
Number of credits: 3 credits
Theoretical hours: 30
Discussion and group work hours: 15
Prerequisite: Money and Financial Theory 1, Probability and Mathematical Statistics

2. LECTURER’S INFORMATION
Full name: Tran Phi Long Tittle: PhD
Address: Building A1, Room 901 Phone number: 0986114414
Email: longtp@neu.edu.vn
School of Banking and Finance

3. COURSE DESCRIPTIONS
This course provides fundamental knowledge of corporate finance. In this course, students will
learn the basic financial statements of a company. Additionally, students will also learn the time
value of money. Based on this, student will learn how to estimate the value of stocks or bonds.

4. LEARNING RESOURCES : COURSE BOOKS, REFERENCE BOOKS, AND

SOFTWARES
- Course book: Ross, S., Westerfield, R., and Jordan, B.D. (RWJ), 2019. Fundamentals of
Corporate Finance. 12th Edition, McGraw-Hill.
- Reference books:
 Ross, S., Westerfield, R., and Jaffe, J., 2013. Corporate Finance. 11th Edition, McGraw-Hill.

 Eugene F. Brigham, Joel F. Houston (2009), Fundamentals of Financial Management, 12th

Edition, South-Western Cengage Learning, ISBN 978-0-324-59770-7

 Richard A. Brealey, Stewart C. Myers and Alan J. Marcus (2011), Fundamentals of Corporate
Finance, Sevent Edition, McGraw-Fill/Irwin Series in Finance, Insuarance and Real Estate

1
- Other required materials and information:
a. NEU’s eBooks and documents at http://lic.neu.edu.vn:2048/menu: Emerald Insight, IG
Publishing eBook and ProQuest Central
b. NEU’s eBooks and documents at http://aep.neu.edu.vn:2048/menu
5. COURSE GOALS
Program
Course Learning Level of
Goal Description
Goals Outcomes competence
(PLO)
[1] [2] [3] [4]
Enable students to identify and distinguish
G1 important concepts, principles and theories of PLO2.1.1 V
corporate finance
Enable students to collect data to analyze, interpret
and integrate data to identify firms’ financial
PLO2.1.2,
problem. Based on this, students are able to identify
G2 PLO2.3.1, V
the cause of the financial problem and then
PLO2.4.1
providing suggestion to improve firms’
performance.
Enable students to prepare a financial report
G3 PLO2.5.1 IV
analyzing firms’ financial situation.
Develop students’ soft skills such as team working,
G4 PLO2.6.1 V
time management and effective communication.

6. COURSE LEARNING OUTCOMES (CLO)

Course Level of
CLO Descriptions
goals competence
[1] [2] [3] [4]
Understand the concepts, principles and theories
CLO 1.1.1 V
of corporate finance.
CLO 1.1.2 Understand the different forms of companies. IV
CLO 1.2.1 Understand the financial statements of companies. IV
PLO2.1.1
CLO 1.3.1 Understand the time value of money. III
Understand the definition and related concepts of
CLO 1.4.1 III
bonds and stocks.
CLO1.4.2 Understand the determinants of bond yields. II
PLO2.1.2 CLO 2.2.1 Know how to read firms’ financial statements. IV

2
 Know how to calculate the present and future
CLO 2.3.1 III
value of a lumpsum and annuities.
CLO3.2.1 Know how to analyze firms’ financial statements. V
CLO3.2.2 Know how to calculate financial ratios. III
PLO2.3.1 Enable to identify the financial problems of
CLO3.2.3 companies and suggest recommendations for the V
problems.
Apply corporate finance theories to estimate the
PLO2.4.1 CLO4.4.1 IV
price of bonds and stocks for specific cases.
Prepare group reports for a specific topic of
PLO2.5.1 CLO5.1.1 IV
corporate finance.
Present group reports for a specific topic of
CLO6.1.1 IV
PLO2.6.1 corporate finance.
CLO6.1.2 Develop good teamwork skills. V

7. COURSE ASSESSMENT

Assessment Assessment Percentage

Description Time CLO
methods indicators (%)

[1] [2] [3] [4] [5] [6]

Class participation points
will be based on general
class attendance,
contribution in class and
Attendance
compliance with the class
Class Week 1- All and
rules delineated below. Poor 10%
Participation 15 CLOs participation
class attendance, little
points
contribution in class or non-
compliance with class rules
will result in a poor class
participation grade.
All
The examinations will be
CLOs,
closed-book and based on
except
Mid-term assigned readings, lectures,
Week 10 CLOs Questions 20%
Test and homework problems.
5.1.1,
Calculator may be used
6.1.1,
during examinations.
6.1.2
Group Class is grouped into groups Week 11- All Group 20%

3
 of 3-5 members. Groups are CLOs
expected to do a report and
a presentation. The report
presentation
Assignment needs to be submitted 14
and report
through Turnitin no later
than 1 week after the
presentation.
Final exam of 90 minutes.
Students have permission to All
take the final exam when CLOs,
they attend at least 80% of except
University
Final Exam the total classes and hand in CLOs Questions 50%
schedule
both individual and group 5.1.1,
assignments on time. Make- 6.1.1,
up exams will not be 6.1.2
offered.
8. LESSON PLAN
(Any changes on the schedule WILL BE announced in class and on TURNITIN in advance)
Week Topic CLO Activities Assessment
Week Introduction to Corporate Finance CLO 1.1.1, - Introducing about Participation,
1 1.1. Corporate Finance and the CLO1.1.2, the structure of the Quiz
Financial Manager CLO1.2.1, course, the group
1.2. Forms of Business presentation and the
Organization exams.
1.3. The goal of Financial - Reading at home:
Management RWJ chapter 1
1.4. The Agency Problems - Lecturing
1.5. Financial Markets - Discussion at class
Week Financial Statements and CLO2.2.1, - Reading at home: Participation,
2 Cashflow CLO3.2.1 RWJ chapter 2 Quiz
2.1. The balance sheet - Lecturing
2.2. The income statement - Discussion at class
2.3. Cash flow of the firm
Week Financial Statements and CLO2.2.1, - Reading at home: Participation,
3 Cashflow (continued) CLO3.2.1 RWJ chapter 2 Quiz
2.1. The balance sheet - Lecturing
2.2. The income statement - Discussion at class
2.3. Cash flow of the firm
Week The time value of money and CLO1.3.1, - Reading at home: - Participation,

4
 4 discounted cash flow valuation CLO2.3.1 RWJ chapters 5, 6 Quiz
4.1. Future value and - Lecturing
compounding - Discussion at class
4.2. Present value and discounting
4.3. future and present value of
multiple cash flows
4.4. Annuities and perpetuities
4.5. Comparing rates: The effect
of compounding
4.6. Loan amortization
Week The time value of money and CLO1.3.1, - Reading at home: - Participation,
5 discounted cash flow valuation CLO2.3.1 RWJ chapters 5, 6 Quiz
4.1. Future value and - Lecturing
compounding - Discussion at class
4.2. Present value and discounting
4.3. future and present value of
multiple cash flows
4.4. Annuities and perpetuities
4.5. Comparing rates: The effect
of compounding
4.6. Loan amortization
Week The time value of money and CLO1.3.1, - Reading at home: - Participation,
6 discounted cash flow valuation CLO2.3.1 RWJ chapters 5, 6 Quiz
(continued) - Lecturing
4.1. Future value and - Discussion at class
compounding
4.2. Present value and discounting
4.3. future and present value of
multiple cash flows
4.4. Annuities and perpetuities
4.5. Comparing rates: The effect
of compounding
4.6. Loan amortization
Week Interest rate and bond valuation CLO1.4.1, - Reading at home: Participation,
7 5.1. Bonds and bond valuation CLO1.4.2, RWJ chapter 7 Quiz

5
 5.2. Bond features CLO4.4.1 - Lecturing
5.3. Bond ratings - Discussion at class
5.4. Different types of bonds
5.5. Bond markets
5.6. Inflation and interest rates
5.7. Determinants of bond yields
Week Interest rate and bond valuation CLO1.4.1, - Reading at home: Participation,
8 (continued) CLO1.4.2, RWJ chapter 7 Quiz
5.1. Bonds and bond valuation CLO4.4.1 - Lecturing
5.2. Bond features - Discussion at class
5.3. Bond ratings
5.4. Different types of bonds
5.5. Bond markets
5.6. Inflation and interest rates
5.7. Determinants of bond yields
Week Stock valuation CLO4.4.1 - Reading at home: Participation,
9 6.1. Common stock valuation RWJ chapter 8 Quiz
6.2. Some features of common - Lecturing
and preferred stocks - Discussion at class
6.3. The stock markets
Week Mid-term test All CLOs, Individual exam Exam
10 except
CLO5.1.1,
6.1.1, 6.1.2
Week Presentation (3 groups) All CLOs Group presentation Group report
11 and
presentation
Week Presentation (3 groups) All CLOs Group presentation Group report
12 and
presentation
Week Presentation (3 groups) All CLOs Group presentation Group report
13 and
presentation
Week Presentation (3 groups) All CLOs Group presentation Group report
14 and

6
 presentation
Week Review All CLOs Review the course Participation
15

9. COURSE REQUIREMENT & EXPECTATION

Participation (10% of your grade)
Students are required to participate in the discussion of the class by asking and answering question,
especially in the presentation time.
Class participation points will be based on general class attendance, contribution in class and
compliance with the class rules delineated below. Poor class attendance, little contribution in class
or non-compliance with class rules will result in a poor class participation grade.
Below are class rules:
1. Arrive on time and ready to begin when the class starts. If you arrive late for more than 30
minutes, you will not be counted for that class. Note that this class is intended for registered
students only.
2. Come prepared – read the readings assigned.
3. Turn off cell phones during classes.
4. Do not engage in individual discussions
5. No food in class time
6. Participate by contributing comments and questions during the discussions. The instructor
will call on students during the class if the participants do not volunteer.
7. Please use common courtesy and polite manners in class.
8. I have no tolerance for acts of academic dishonesty.
Presentation and Exams
There are 1 group presentation, 1 mid-term test, and 1 final exam. The group presentation accounts
for 20% of the total grade, the mid-term test accounts for 20% of the total grade, and the final exam
accounts for 50% of the total grade. Students have permission to take the final exam when they
attend more than 80% of the total classes, attend the mid-term test, and submit group assignment on
time. Make-up exams will not be offered. The following rules apply to exams:
1. Make a notation of the exam dates.
2. Final Exam is a closed-book exam. You must turn off all cell phones or any other personal
technology.
3. If you do not bring an ID to the exam, you will receive a 0 for the exam.
4. No food or drinks will be allowed during an exam.
5. When time is called, stop writing.
6. Please make sure you do not engage in any behavior that may appear to be cheating.
7
Communication:
Studies show that students who engage in one-on-one discussions with the instructor about the
course receive better grades. I, therefore, encourage your discussion with me. You can
communicate during office hours, email or in class discussions. You also are welcome to make
separate appointments. I will be available before and after class, but only for short questions. I also
encourage feedback on the classes, lectures, teaching and reading material. We enhance the class
every semester and your thoughts are valuable in the process.
Intellectual Property:
All materials presented in class lectures including PowerPoint presentations and those materials
given are intellectual property of the instructor unless otherwise copyrighted. Any reproduction or
publication of this material without prior written permission is strictly forbidden.