2020 Faculty Courses School of Engineering Department of Industrial Engineering and Economics Graduate major in Industrial Engineering and Economics
Financial Statement Analysis and Valuation
- Academic unit or major
- Graduate major in Industrial Engineering and Economics
- Instructor(s)
- Kyoko Nagata
- Class Format
- Lecture (Zoom)
- Media-enhanced courses
- -
- Day of week/Period
(Classrooms) - 3-4 Mon (W9-425) / 3-4 Thu (W9-425)
- Class
- -
- Course Code
- IEE.D432
- Number of credits
- 200
- Course offered
- 2020
- Offered quarter
- 1Q
- Syllabus updated
- Jul 10, 2025
- Language
- English
Syllabus
Course overview and goals
This course aims to develop financial literacy, which is one of the essential abilities for any person in business and capital markets. The class starts with small retail business simulations. “Learning by doing” in a simple but practical setting gives students opportunities to gain better understanding of the consequences of managerial decisions through experiencing challenges that corporate managers face in running a business. In addition, class participants read and discuss assigned research papers on corporate governance, earnings management, and corporate social responsibility. Integrating the lessons from business start-up simulation with empirical research findings helps students realize issues existing behind numbers.
Course description and aims
Students will have better understandings of the following issues:
- Management decisions and their consequences
- Effective use of financial metrics
- Incentives and conditions for earnings management
- Corporate governance and management decisions
Student learning outcomes
実務経験と講義内容との関連 (又は実践的教育内容)
Addressing various issues in business practice.
Keywords
Business decisions
Corporate governance
Corporate finance
Financial analysis
Earnings management
Competencies
- Specialist skills
- Intercultural skills
- Communication skills
- Critical thinking skills
- Practical and/or problem-solving skills
Class flow
This course will use a variety of methods including business game, readings, case assignments, and discussions, with special focus on group works. Teams of two to three students will be formed to participate class room activities and complete assignments including team presentations.
Course schedule/Objectives
| Course schedule | Objectives | |
|---|---|---|
| Class 1 | Overview | ・Aim of this course ・Forming students' team |
| Class 2 | Small retail business case discussion | ・Case discussion ・Practice round |
| Class 3 | Start-up a retail business | ・Evaluation of business opportunity ・Financing decision |
| Class 4 | Business environment | ・Short presentation and 2nd round |
| Class 5 | Business planing and analysis 1 | ・Short presentation and 3rd round |
| Class 6 | Business planing and analysis 2 | ・Short presentation & 4th round |
| Class 7 | Business planing and analysis 3 | ・Short presentation & 5th round |
| Class 8 | Business planing and analysis 4 | ・Short presentation & 8th round |
| Class 9 | Business planing and analysis 5 | ・Short presentation & 7th round |
| Class 10 | Consequences of business decisions | ・Short presentation & final round ・Lessons from business simulation |
| Class 11 | The importance of reported earnings | ・Short presentation and discussion ・The economic implications of corporate financial reporting" |
| Class 12 | Earnings management | ・Short presentation and discussion ・Dividend policy and earnings management across countries |
| Class 13 | Corporate governance and the role of institutional investors | ・Short presentation and discussion ・Does governance travel around the world? |
| Class 14 | Corporate governance and CSR | ・Short presentation and discussion ・Do institutional investors drive corporate social responsibility? |
Study advice (preparation and review)
To enhance effective learning, students are encouraged to spend approximately 100 minutes preparing for class and another 100 minutes reviewing class content afterwards (including assignments) for each class.
They should do so by referring to textbooks and other course material.
Textbook(s)
Reading suggestion will be available in class.
Reference books, course materials, etc.
Handout will be available via OCW-i.
Evaluation methods and criteria
Course grade will reflect the following emphases:
- Homework/class assignments (60%)
- Class participation (40%)
Related courses
- IEE.D202 ： Basic Accounting
Prerequisites
Strong interests in the course subject.
Basic knowledge of accounting and corporate finance.