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Chng trnh Ging dy Kinh t Fulbright 2006-2007

Phn tch ti chnh cng mn hc

1

Chng trnh Ging dy Kinh t Fulbright Nm hc 2006-2007

Hc k Thu Phn tch Ti chnh

Nhm ging vin

Ging vin: Nguyn Minh Kiu, Nguyn Xun Thnh Tr ging: Dip Dng, Hunh Th Du Bin dch: Trn Th Kim Chi

Gi ln lp Lch ging hng tun Ngy Thi gian Bi ging Th ba 02:00 04:30 chiu Bi ging v tho lun tnh hung Th su 08:30 10:00 sng n tp Th su 10:15 11:45 sng

Gi trc vn phng Gi trc vn phng c sp xp t 16h30 n 18h00, th hai n th su v t 9h00 n 11h30, th by hng tun. Lch trc c th ca tng ging vin s c thng bo vo u hc k. Trng hp thi gian trn khng thun tin, hc vin c th lin h vi cc ging vin sp xp thi gian thch hp hn. Mc tiu ca mn hc

Cung cp cho hc vin mt khung phn tch ti chnh p dng cho hoch nh chnh sch v ra quyt nh.

Gii thiu cho hc vin nhng khi nim, cng c v k thut c bn v ti chnh v cch thc ng dng trong thc tin.

Cung cp mt nn tng c bn hc nhng mn lin quan khc nh Thm nh D n v Ti chnh Pht trin.

M t mn hc

Mn hc t trng tm vo vic m bo cho hc vin va hiu mt cch trc quan, va nm bt c mt cch cht ch nhng l thuyt ti chnh cn bn v cch thc ng dng chng trong thc tin. Cc ni dung chnh bao gm gi tr v thi gian ca tin t, li nhun v ri ro, chi ph vn, hoch nh ngn sch, cu trc vn, chnh sch c tc, huy ng vn t n vay v c phn, qun l ri ro v phn tch bo co ti chnh. Kha hc ko di 16 tun trong hc k Thu. Phng php ging dy

Mn hc c dy bng ting Vit. Tuy nhin, mt s ti liu c th bng ting Anh v/hoc ting Vit. Cng tc ging dy c da trn nguyn tc cng tham gia. Phng thc ny i hi cc hc vin phi ng gp mt cch tch cc vo tt c cc bi ging v tho lun tnh hung.

Nguyn Minh Kiu/Nguyn Xun Thnh/Hunh Th Du 2

Ti liu c

Gio trnh chnh l Cc nguyn l ti chnh doanh nghip (Principles of Corporate Finance) ca cc tc gi Brealey v Myers, do nh xut bn McGraw-Hill n hnh ln th nm (nm 1996). Ti liu ny c dch sang ting Vit.

Ngoi ra, nhiu ti liu khc s c cung cp cho hc vin gm cc bi ging v cc bi c ch yu c ly t cc ti liu sau:

1. Ross, Westerfield and Jordan: Fundamentals of Corporate Finance, Seventh edition, 2005, McGraw-Hill Irwin

2. Ross, S.A., Westerfield, R.W., Jaffe, J.F., (2005), Corporate Finance, 7th Edition, McGraw-Hill and Irwin

3. Van Horne, J.C., and Wachowicz, J.M., (2001), Fundamentals of Financial Management, 11th Edition, Prentice Hall

4. Frank J. Fabozzi, Franco Modigliani, Frank J. Jones, Michael G. Ferri: Foundations of financial markets and institutions, Third edition, 2002, Prentice Hall

5. Madura, J. (2001) Financial Markets and Institutions, 5th Edition, South-Western College Publishing

6. Shapiro, A. A., (1999), Multinational Financial Management, 6th edition, Prentice Hall.

7. Brigham, E. F, and Ehrharddt, M. (2002), Financial Management, 10th Edition, South-Western

Yu cu mn hc

Hc vin cn phi c tt c cc ti liu trc khi n lp, c mt thng xuyn trong cc bui hc, tch cc tham gia tho lun v hon thnh tt tt c cc bi chun b nghin cu tnh hung, cc bi tp nh v bi thi.

Cc ti liu c khng phi lc no cng d hiu v i khi i hi c phi tham kho thm nhng ti liu khc c th hiu su hn. Hc vin c th c yu cu nhn xt, bnh lun v cc ti liu c c yu cu v tr li cc cu hi ca ging vin. Khi c nhu cu tm hiu thm nhng ti liu chuyn su v nng cao, hc vin c th tra cu trong th vin hoc ngh cc ging vin tr gip

Ton kha hc c 6 bi tp nh, bnh qun hai tun mt bi, mt bi kim tra gia k v mt bi thi cui k. Thm vo , hc vin cn phi c bi chun b cho tt c cc bui tho lun nghin cu tnh hung.

nh gi mn hc

im ca mn hc s c nh gi gm: cc bi tp nh 15%, chun b v tho lun nghin cu tnh hung 25%, bi kim tra gia k 25%, bi thi cui k 35%. i vi cc bi tp nh cng nh cc bi chun b nghin cu tnh hung, hc vin c th tho lun nhm, nhng mi ngi phi t lm bi ca mnh.


Thi kha biu PHN I: NHNG NI DUNG CN BN V PHN TCH TI CHNH TUN 1

Bi ging 1: Th ba, 05/09/2006 Ch : Gii thiu v Phn tch Ti chnh Bi c: Brealey & Myers, chng 1

Bi ging: N.M. Kiu, Gii thiu v Phn tch Ti chnh Ging vin: Nguyn Minh Kiu

Bi ging 1: Th ba, 05/09/2006 Ch : Gii thiu v Phn tch Ti chnh (tt) (8:30 10:00) Bi c: Brealey & Myers, chng 1

Bi ging: N.M. Kiu, Gii thiu v Phn tch Ti chnh Ging vin: Nguyn Minh Kiu

Nghin cu tnh hung Th su, 08/09/2006 (10:15 11:45) Pht bi tp 1 Ch : Imex. Co. Ltd. Bi c: Tnh hung: Imex. Co Ltd.

Ging vin: Hunh Th Du, Dip Dng TUN 2

Bi ging 2: Th ba, 12/09/2006 Ch : Thi gi ca tin t v M hnh chit khu dng tin Bi c: Brealey & Myers, chng 2&3

Bi ging: N.M. Kiu, Thi gi ca tin t Ging vin: Nguyn Minh Kiu

Nghin cu tnh hung Th su, 15/09/2006 (8:30 10:00) Ch : D n Soldiers Field Bi c: Tnh hung: D n Soldiers Field

Ging vin: Nguyn Xun Thnh, Hunh Th Du n tp: Th su, 15/09/2006 (10:15 11:45) Ch : n tp Bi 2

Ging vin: Dip Dng, Hunh Th Du TUN 3

Bi ging 3: Th ba, 19/09/2006 Np bi tp 1Ch : nh gi tri phiu Bi c: Brealey & Myers, chng 3&4

Bi ging: N.M. Kiu, nh gi tri phiu v c phiu Ging vin: Nguyn Minh Kiu

Nghin cu tnh hung Th su, 22/09/2006 (8:3010:00) Ch : Tri phiu chnh ph v tri phiu cng ty Vit Nam Bi c: Tnh hung: Tri phiu chnh ph v TP cng ty VN

Ging vin: Nguyn Xun Thnh, Hunh Th Du n tp: Th su, 22/09/2006 (10:15 11:45) Ch : n tp Bi 3 Pht bi tp 2

Ging vin: Dip Dng, Hunh Th Du


TUN 4

Bi ging 4: Th ba, 26/09/2006 Ch : nh gi c phiu Bi c: Brealey & Myers, chng 3&4

Bi ging: N.M. Kiu, nh gi tri phiu v c phiu Ging vin: Nguyn Minh Kiu

Nghin cu tnh hung Th su, 29/09/2006 (8:30 10:00) Ch nh gi c phiu ca cc ngn hng Vit Nam

Bi c: Tnh hung: nh gi c phiu ca cc ngn hng Vit Nam Ging vin: Nguyn Xun Thnh, Hunh Th Du

n tp: Th su, 29/09/2006 (10:15 11:45) Ch : n tp Bi 4


Bi ging 5: Th ba, 03/10/2006 Np bi tp 2 Ch : Ri ro, sut sinh li v a dng ha Bi c: Brealey & Myers, chng 7&8

Bi ging: N.M. Kiu, Ri ro, sut sinh li v m hnh CAPM Ging vin: Nguyn Minh Kiu

Nghin cu tnh hung Th su, 06/10/2006 (8:30 10:00) Ch : Bang Nam Carolina Bi c: Tnh hung: Bang Nam Carolina

Ging vin: Nguyn Xun Thnh, Hunh Th Du n tp: Th su, October 6, 2006 (10:15 11:45) Ch : n tp Bi 5 Pht bi tp 3


Bi ging 6: Th ba, 10/10/2006 Ch : M hnh nh gi ti sn vn (CAPM) Bi c: Brealey & Myers, chngs 7&8

Bi ging: N.M. Kiu, M hnh nh gi ti sn vn Ging vin: Nguyn Minh Kiu

Nghin cu tnh hung Th su, 13/10/2006 (8:30 10:00) Ch : Cng ty V tinh Vin thng Bi c: Tnh hung: Cng ty V tinh Vin thng

Ging vin: Nguyn Xun Thnh, Hunh Th Du n tp: Th su, 13/10/2006 (10:15 11:45) Ch : n tp Bi 6



TUN 7 Bi ging 7: Th ba, 17/10/2006

Ch : Quyt nh u t trc tip Bi c: Brealey & Myers, chng 5&6

Bi ging: N.M. Kiu, Phn tch ti chnh v Quyt nh u t Ging vin: Nguyn Minh Kiu

n tp kim tra gia k: Th su, 20/10/2006 (8:30 11:45) Np bi tp 3

TUN 8

Trc vn phng: Th nm, 20/10/2006 (2:00 4:30 chiu)

Kim tra gia k Th su, 27/10/2006 (8:30 sng)

THI KHA BIU CA NA HC K CN LI S C PHT SAU.


PHN II: PHN TCH TI CHNH V CC QUYT NH TI TR TUN 9

Bi ging 8: Th ba, 31/10/2006 Ch : n by hot ng v n by ti chnh Bi c: Ross, Westerfield, and Jordan, Chng 17

Bi ging: N.M. Kiu, n by hot ng v n by ti chnh Ging vin: Nguyn Minh Kiu Bi ging 8 Th su, 03/11/2006 (8:30 10:00)

Ch : n by hot ng v n by ti chnh (tt) Bi c: Ross, Westerfield, and Jordan, Chng 17

Bi ging: N.M. Kiu, n by hot ng v n by ti chnh Ging vin: Nguyn Minh Kiu

n tp: Th su, 03/11/2006 (10:15 11:45) Pht bi tp 4 Ch : Bi ging 9


Bi ging 9: Th ba, 07/11/2006 Ch : Quyt nh ti tr ngn hn v di hn Bi c: Ross, Westerfield, and Jordan, Chng 16

Bi ging: N.M. Kiu, Quyt nh ti tr di hn Ging vin: Nguyn Minh Kiu

Bi ging 10: Th su, 10/11/2006 (8:30 10:00) Ch : Quyt nh cho thu ti chnh v mua Bi c: (s c pht)

Bi ging: Bi ging N. M. Kiu, Quyt nh ti tr ngn hn Ging vin: Dip Dng

n tp: Th su, 10/11/2006 (10:15 11:45) Ch : Bi 9, 10

Ging vin: Hunh Th Du TUN 11

Bi ging 11: Th ba, 14/11/2006 Np bi tp 4Ch : L thuyt v c cu vn Bi c: Ross, Westerfield, and Jordan, Chng 17

Bi ging: Ging vin: Nguyn Minh Kiu

Bi ging 12 Th su, 14/11/2006 (8:30 10:00) Ch : L thuyt M&M v c cu vn Bi c: Ross, Westerfield, and Jordan, Chng 17

Bi ging: L thuyt M&M N. M. Kiu Ging vin: Nguyn Minh Kiu

n tp: Th su, 14/11/2006 (10:15 11:45) Pht bi tp 5 Ch : Bi 11, 12

Ging vin: Dip Dng, Nguyn Minh Kiu


TUN 12

Bi ging 13: Th ba, 21/11/2006 Ch : Phn tch v phng nga ri ro ti chnh Bi c:

Bi ging: N. M. Kiu, Phn tch v phng nga ri ro ti chnh Ging vin: Nguyn Minh Kiu

Bi ging 14 Th su, 24/11/2006 (8:30 10:00) Ch : Chnh sch c tc Bi c: Ross, Westerfield, and Jordan, Chng 18

Bi ging: Dip Dng, Chnh sch c tc Ging vin: Dip Dng

Nghin cu tnh hung: Th su, 24/11/2006 (10:15 11:45) Ch : Lufthansa

Ging vin: Hunh Th Du, Dip Dng PHN III: PHN TCH BO CO TI CHNH TUN 13

Bi ging 15: Th ba, 28/11/2006 Np bi tp 5 Ch : Phn tch bo co ti chnh Bi c: Stickney & Weil, chng 6

Bi ging: N. M. Kiu, Phn tch bo co ti chnh Ging vin: Nguyn Minh Kiu

Th su, 01/12/2006 (8:30 10:00) Ch : Phn tch bo co ti chnh (tt) Bi c: Stickney & Weil, chng 6

Bi ging: N. M. Kiu, Phn tch bo co ti chnh Ging vin: Nguyn Minh Kiu

Nghin cu tnh hung: Th su, 01/12/2006 (10:15 11:45) Pht bi tp 6Ch : Kinh Do Co.Ltd


Bi ging 16: Th ba, 05/12/2006 Ch : Hoch nh bo co ti chnh Bi c: Ross, Westerfield, and Jordan, Chng 2, 3, 4

Bi ging: N.M. Kiu, Hoch nh bo co ti chnh Ging vin: Nguyn Minh Kiu

Th su, 08/12/2006 (8:30 10:00) Ch : Hoch nh bo co ti chnh (tt) Bi c: Ross, Westerfield, and Jordan, Chng 2, 3, 4

Bi ging: N.M. Kiu, Hoch nh bo co ti chnh Ging vin: Nguyn Minh Kiu

Nghin cu tinh hung: Th su, 08/12/2006 (10:15 11:45) Ch : Kinh Do Co.Ltd



TUN 15

n tp: Th ba, 12/12/2006 Np bi tp 6

n tp: Th su, 15/12/2006

Ging vin: Tt c cc ging vin TUN 16

Gi vn phng: Th Nm, 21/12/2006 Ging vin: Tt c cc ging vin

Thi cui kha: Th su, 22/12/2006 Ging vin: Tt c cc ging vin

Cc bi tp Bi s Ch Ngy pht Ngy np Chun b bi

1 Gi tr theo thi gian ca tin t 08/09/2006 19/09/06 Dip Dng

2 nh gi c phiu v tri phiu 22/09/2006 03/10/06 H.T.Du

3 Ri ro, a dng ha v m hnh CAPM

06/10/2006 20/10/06 N.X.Thnh

4 n by hot ng v n by ti chnh

03/11/2006 14/11/06 N.M.Kiu

5 C cu vn v chnh sch c tc 17/11/2005 28/11/06 H.T.Du

6 Phn tch v phng nga ri ro 01/12/2005 12/12/05 N.M.Kiu

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