日本語

Course Code etc
Academic Year 2026
College College of Business
Course Code BT184
Theme・Subtitle
Class Format Face to face (all classes are face-to-face)
Class Format (Supplementary Items)
Campus Lecture
Campus Ikebukuro
Semester Fall semester
DayPeriod・Room Tue.3
ログインして教室を表示する(Log in to view the classrooms.)
Credits 2
Course Number GBU3301
Language English
Class Registration Method Course Code Registration
Assigned Year 配当年次は開講学部のR Guideに掲載している科目表で確認してください。
Prerequisite Regulations
Acceptance of Other Colleges 履修登録システムの『他学部・他研究科履修不許可科目一覧』で確認してください。
Course Cancellation 〇(履修中止可/ Eligible for cancellation)
Online Classes Subject to 60-Credit Upper Limit
Relationship with Degree Policy 各授業科目は、学部・研究科の定める学位授与方針(DP)や教育課程編成の方針(CP)に基づき、カリキュラム上に配置されています。詳細はカリキュラム・マップで確認することができます。
https://www.rikkyo.ac.jp/about/disclosure/educational_policy/business.html
Notes

【Course Objectives】

After taking this course, students should:
1) be able to understand the modern corporate finance theory and estimate the cost of capital of the firm based on the theory.
2) be able to evaulate the value of the firm to make analysis when making financial decision in the practical world.
3) acquire the analytical foundation necessary to understand advanced topics in corporate finance.
4) be able to create spreadsheets and solve practical finance issues using Excel.

【Course Contents】

The course focuses on one of the core topics in finance: corporate finance and valuation. Its objective is to familiarize students with both the theoretical background and practical implementation of corporate finance as used in industry. The course covers corporate finance theory related to the evaluation of the cost of capital, examines firm valuation based on financial statement analysis and free cash flow methods, and then proceeds to advanced topics such as mergers and acquisitions, corporate governance, innovation, and payout policy.

The intermediate-level topics and skills covered in this course should be useful for students who wish to work as financial analysts or business plan consultants in industry. In addition, for those who plan to pursue advanced degrees in finance (Master’s or Ph.D.), this course can be regarded as an introduction to graduate-level finance courses.

This course is designed as a continuation of the BT183 "Finance" course. Students are expected to be familiar with the skills and knowledge taught in BT183; therefore, it is recommended that students take BT183 before enrolling in this course. The course is taught in English, and the course content is highly Excel-oriented. Bringing a personal laptop to class is strongly recommended. In addition, students must attend the final examination in order to pass the course.

Japanese Items

【授業計画 / Course Schedule】

1 Orientation and NPV prerequisite check
2 Review: Discounting cash flow (DCF), NPV, and IRR method
3 Weighted Average Cost of Capital (WACC) and Modigliani and Miller Proposition (1)
4 Weighted Average Cost of Capital (WACC) and Modigliani and Miller Proposition (2)
5 WACC Excel Project
6 Financial Distress, Managerial Incentives and Information
7 Valuation (1): Financial statement analysis and Free Cash Flow (FCF) method
8 Valuation (2): Estimate cost of capital and Continuation Value
9 Special Topics (1): Merger and Acquisitions
10 Special Topics (2): Corporate Governance
11 Special Topics (3): Innovation
12 Special Topics (4): Payout Policy
13 Review and wrap-up
14 Final test

【活用される授業方法 / Teaching Methods Used】

板書 /Writing on the Board
スライド(パワーポイント等)の使用 /Slides (PowerPoint, etc.)
上記以外の視聴覚教材の使用 /Audiovisual Materials Other than Those Listed Above
個人発表 /Individual Presentations
グループ発表 /Group Presentations
ディスカッション・ディベート /Discussion/Debate
実技・実習・実験 /Practicum/Experiments/Practical Training
学内の教室外施設の利用 /Use of On-Campus Facilities Outside the Classroom
校外実習・フィールドワーク /Field Work
上記いずれも用いない予定 /None of the above

【授業時間外(予習・復習等)の学修 / Study Required Outside of Class】

Detailed course outline distributed first week of class via Canvas LMS. Notes uploaded on web (Canvas LMS). Any changes in schedule will be announced in class and posted on Canvas LMS. You are expected to read assigned chapters/sections prior to coming to class and review your notes after each class. Please be awared that students are expected to be familiar with EXCEL (IT literacy) .
At Rikkyo university, one credit is defined as 45 hours of study (including class time). Based on this, students are expected to engage in both pre-class preparation and post-class review.

【成績評価方法・基準 / Evaluation】

種類 (Kind)割合 (%)基準 (Criteria)
平常点 (In-class Points)100 最終テスト(Final Test)(40%)
Assignments(30%)
Participation (In class exercises)(30%)
備考 (Notes)
Students must attend the final test in order to pass the course.

【テキスト / Textbooks】

なし/None

【参考文献 / Readings】

【履修にあたって求められる能力 / Abilities Required to Take the Course】

【学生が準備すべき機器等 / Equipment, etc., that Students Should Prepare】

Please prepare your personal laptop and make sure you have installed Microsoft Office.

【その他 / Others】

【注意事項 / Notice】

Sheltered Course(Min.TOEIC:730)