Topics in Finance Course of MBA at Hitotsubashi University
ICS , Graduate School of International Corporate Strategy
[Term 4] Topics in Finance (R.Yasuda) (2009/Term 3&4 (Spring&Summer))
This course tries to identify recent key corporate topics and analyze them from the viewpoints of three factors: strategy, organization, and finance. These three factors are mutually interactive in the real corporate world. Students are encouraged to apply what they learnt about the basics of these three themes in the previous three terms.
Topics will be selected from among important issues that top corporate managers having recently been facing.
Course Structure
The first four topics will be based on the Corporate Evolutional Development Concept which emphasizes non-linier type of corporate development by smartly adapting itself to changing environments or by mutation.
Evolutional development requires the corporate organization to respond to seasonal characteristics of the environment.
(1) Growth Strategy (in response to the spring season)
(2) M&A Strategy (in response to the summer season)
(3) Turnaround Strategy: The case of Tokyu (in response to the autumn season)
(4) Corporate Venture as the mutation
In addition, four other topics will be introduced to enhance the understanding of students on recent finance topics.
(1) Why has the world financial and energy and food crisis arisen, and how should corporations respond to overcome this crisis of stagflation?
(2) Recent strategies of financial institutions: the shortage of capital in global financial institutions and moves for merchant banking and asset management businesses
(3) Is fund capitalism contributing to the healthy growth of corporations and society?
(4) What is the role of smart CFOs?
Teaching Method
The teaching methodology is a combination of lectures and case discussions, as well as lectures by outside guest speakers. This combination may vary depending upon the topics. For instance, growth strategy may start with a lecture on the first day and be followed by a case discussion which is assigned for homework. Turnaround strategy is conducted in a one-day case discussion of Tokyu. On the other hand, other topics will be conducted mainly by lectures, with small pre-reading assignments. In addition, several students will be requested to give 5-10 minute commentary speeches on related news topics at the beginning of class.