MINISTRY OF EDUCATION AND TRAINING REPUBLIC SOCIALIST OF VIETNAM

NATIONAL ECONOMICS UNIVERSITY Independence – Freedom – Happiness

COURSE SYLLABUS

FINANCIAL MANAGEMENT

1. GENERAL INFORMATION
- Course Title (in Vietnamese) Quản trị tài chính

- Course Title (in English) Financial Management

- Course code EBFM1156

- Modules Foundation (Major’s general knowledge)

- Number of credits 3

+ Theoretical lessons 23

+ Practical lessons 22

- Pre-requisites Accounting Fundamentals

2. INSTRUCTORS’ INFORMATION
COURSE INSTRUCTOR: Tang Vu Hung
CONTACT ADRESS: Tel: 0912724488
Email: tangvuhung99@gmail.com

3. COURSE DESCRIPTIONS
“Finance is the cornerstone of the free enterprise system.” In the Financial
Management course, we take a value-maximizing approach to the investing, financing, and
managerial decisions of a firm. The major topics covered by the course include time
value of money, bond and stock valuation, risk and return, capital budgeting, and cost
of capital.
4. LEARNING RESOURCES
Textbook
 Ross.SA, Westerfield. R.W, Jordan.B.D.: Corporate Finance Fundamentals Standard
Edition 9th Edition Irwin/McGraw-Hill 2010..
Others materials
Other finance textbooks will be available in the library

5. COURSE GOALS/OBJECTIVES
The Financial Management course is designed based on the theory of financial
management and its applications to the business world. Course to help students to:
- understand how financial managers make decisions within a framework which
emphasizes cash flows and the time value of money.
- evaluate common stock, preferred shares and bonds from accounting information and the
generation of cash flows.
- apply financial principals for investing and or borrowing decisions.
- analyze the capital budgeting process and explore how a company will generate wealth
for its shareholders.
Table 5.1. Course objectives
Program Learning Assessment
Outcomes (PLOs) level (theo
Objectives Descriptions (Theo Bảng CĐR của Bloom’s
CT) Taxonomy)

[1] [2] [3] [4]

G1 - understand how financial managers
make decisions within a framework PLO 1 2
which emphasizes cash flows and
the time value of money
G2 - evaluate common stock, preferred
shares and bonds from accounting
PLO 2 5
information and the generation of
cash flows
G3 - Apply financial principals for
investing and or borrowing decisions
PLO 4 3
 G4 - analyze the capital budgeting
process and explore how a company
will generate wealth for its PLO 3 4
shareholders.

6. COURSE LEARNING OUTCOMES (CLOs)

Table 6.1. Course Learning Outcomes
Course Assessmen
Course
Objectives t Level
Learning
Descriptions (according
Outcomes
to Bloom’s
(CLOx.x)
Taxonomy)
[1] [2] [3] [4]
Understand the basic types of financial
CLO1.1 management decisions and the role of the financial 2
manager
G1 CLO1.2 Understand the goal of financial management 2
Understand how to determine a firm’s cash flow
CLO1.3 2
from its financial statements
CLO1.4 Understand The time value of money 2
CLO2.1 Evaluate bond values and yields 5
CLO2.2 Explain why bond values and yields fluctuate. 2
CLO2.3 Evaluate prices of preferred shares 5
G2
Evaluate prices of common stock by using dividend
CLO2.4 5
growth model
CLO2.5 Explain how the stock markets work 2
Apply NPV and other investment criteria for
CLO3.1 3
investment decision
CLO3.2 Identify relevant cash flows for a proposed project 3
G3
CLO3.3 Identify sensitivity, scenario, break – event points 3
 for a proposed investments
CLO3.4 Choose a bid price for a project 3
CLO 4.1 Identify return and risk of individual asset 4
CLO4.2 Identify expected return and risk of a portfolio 4
CLO4.3 Analyze SML and the risk-return trade-off 4
Identify a firm’s cost of equity capital, cost of debt
G4 CLO4.4 3
and overall cost of capital
Analyze some pitfalls associated with a firm’s
CLO4.5 4
overall cost of capital and what to do about them.
Analyze the degree of operating leverage can affect
CLO4.6 4
the Cash Flows of a project

7. COURSE ASSESSMENT
Table 7.1. Course Assessments
Course
Assessment Weight
Contents Timing Learning Instruments
methods (%)
Outcomes
[1] [2] [3] [4] [5] [6]
Written (individual
Quizzes CLO 1.1 10
activity)
Progress
Assignments
Assessment Individual S
CLO 1.2 (individual 10
Assignments 2,3,4,6,7,8,9
activity)
Mid-term Written (individual
S6 25
examination activity)
Examination
Final Written (individual
End 50
examination activity)
Classes Attendance
5
Participation Participation

8. LESSON PLAN5
 Program Assessment
Week / Contents
Learning Activities Instruments
Session
Outcomes
[1] [2] [3] [4] [5]
Chapter 1: Introduction do Corporate Quizzes,
Finance Mid-term
1.1 Corporate Finance and the Financial examination
Manager & Final
1.2 Forms of Business Organization In Class examination
CLO.1.1
Presentatio
1.3 The Goal of Financial Management CLO.1.2
Session 1 n
1.4 The Agency Problem and Control of the CLO.1.3
Discussion
Corporation …
Minicase
1.5 Financial Markets and the Corporation
Chapter 2&3: Review
2.1 financial statements and Cashflow
(chapter 2& 3)
Chapter 5: Time value of money
5.1 Future Value and Compounding
5.2 Present Value and Discounting
5.3 More about Present and Future Values
Chapter 6: Discounted Cash Flow Valuation In Class
6.1 Future and Present Values of Multiple CLO1.4 Presentatio
Session 2
CFs n
6.2 Valuing Level CFs: Annuities and Discussion
Perpetuities
6.3 Comparing Rates: The Effect of
Compounding
6.4 Loan Types and Loan Amortization
Chapter 7: Interest Rates and Bond
Valuation
7.1 Bonds and Bond Valuation CLO.2.1 In Class
CLO.2.2 Presentatio
Session 3 7.2 More about Bond Features
… n
7.3 Bond Markets
Discussion
7.4 Some Different Types of Bonds
7.5 Inflation and Interest Rates
Session 4 Chapter 8: Stock Valuation CLO3.1 In Class
8.1 Common Stock Valuation Presentatio
n
 8.2 Some Features of Common and
Preferred Stocks Discussion
8.3 The Stock Markets
Chapter 9: Net Present Value and Other
Investment Criteria
9.1 Net Present Value (NPV) In Class
9.2 The Payback Rule (PB) Presentatio
Session 5 CLO3.1
9.3 The Discounted Payback n
9.4 The Internal Rate of Return (IRR) Discussion
9.5 The Profitability Index (PI)
9.6 The Practice of Capital Budgeting
Session 6 Review and Midterm
Chapter 10: Making Capital Investment
Decisions
10.1 Project Cash Flows: A First Look
10.2 Incremental Cash Flows In Class
10.3 Pro Forma Financial Statements and CLO3.2 Presentatio
Session 7 Project Cash Flows CLO3.3 n
10.4 More about Project Cash Flow … Discussion
10.5 Alternative Definitions of Operating Case
Cash Flow
10.6 Some Special Cases of Discounted
Cash Flow Analysis
Chapter 12: Some lessons from Capital
Market history
12.1 Return
12.2 The Historical Record In Class
CLO4.1
12.3 Average Return Presentatio
Session 8 CLO4.2
12.4 The Variability of Return n
…
Chapter 13: Return, Risk and the Security Discussion
Market Line
13.1 Expected Returns and Variances

Session 9 Chapter 13: Return, Risk and the Security CLO4.1 In Class
Market Line (con’t) CLO4.2 Presentatio
13.2 Portfolios … n
13.3 Risk: Systematic and Unsystematic Discussion
13.4 Diversification and Portfolio Risk
 13.5 Systematic Risk and Beta
13.6 The SML and the Cost of Capital: A
Preview

Chapter 14: Cost of capital

14.1 The Cost of Capital: Some
Preliminaries
14.2 Cost of Equity CLO4.3 In Class
14.3 The Costs of Debt and Preferred Stock CLO4.4 Presentatio
Session 10
14.4 The Weighted Average Cost of Capital … n
14.5 Divisional And Project Costs of Discussion
Capital
14.6 Flotation Costs and the Weighted
Average Cost of Capital
Session 11 Review

9. COURSE REQUIREMENTS AND EXPECTATION

Academic honesty: Plagiarism is not allowed in this course. Plagiarism is the action or
practice of taking and using as one’s own, the thought, writing or other work of someone else
with intent to deceive.
Penalties for plagiarism may include cancellation of the mark for the assignment concerned
or failure in the subject.
Group efforts: Some works will be required team working. The team working will provide
participants chances to share and exchange ideas and working experiences. Thus, each
participant must to contribute his or her own work and ideas.
Attendance: Participants who miss more than 20 percent of classes will not be allowed to
take the final exam and must relearn the whole course.
10. OTHER INFORMATION

Participants will need a calculator for this course, preferably a financial calculator or Laptop.
Interest tables frequently do not apply to practical problems. Bring your calculator to each
class session.

11. APPROVEMENT DATE: …………………..

NEU Business School Accounting and Instructor
(Ký và ghi rõ họ tên) Finance Department (Ký và ghi rõ họ tên)
(Ký và ghi rõ họ tên)