BA RIA-VUNG TAU UNIVERSITY SOCIALIST REPUBLIC OF VIET NAMFACULTY OF ECONOMICS –LAW-LOGISTIS Independence– Freedom – Hapiness MODULE OUTLINE DETAILS1.General Information - Course Name: S
Trang 1BA RIA-VUNG TAU UNIVERSITY SOCIALIST REPUBLIC OF VIET NAMFACULTY OF ECONOMICS –LAW-
LOGISTIS
Independence– Freedom – Hapiness
MODULE OUTLINE DETAILS1.General Information
- Course Name: Strategic Corporate and Project Finance
- Module Code:
- Credit: 3 credits
- Previous Prerequisite Modules : None
- The requirements for the module: None2.Objectives of the module
Knowledge:
Students who wish to better understand how their strategic corporate financeknowledge, skills, tools and project finance might be put to use in the real world.Topics range from weighted average cost of capital, value-based management,optimal capital structure, risk management and project finance management
Skills:
Students can analyze and summarize data to make assessments about strategiccorporate and project finance; understand and comply with laws; make optimalinvestment plans
Attitudes:
Seriously, confidently, know how to develop the ability, self-learn experience tobehave appropriately in different situations
3 Preparation of the module output
After completing the module, students will be able to work with the basicknowledge of strategic corporate and project finance management; formation anddevelopment of analytical skills, teamwork skills; develop self-assessment and self-assessment competencies
4.Summary of the subject content
The module equips students how their corporate finance knowledge, skills, toolsand project finance might be put to use in the real world Applying analytical skillsand efficiency assessments to the practices of the business
5.The detailed content and forming of organization of teaching, learningsection
5.1 Module theory or theory combined with practice:
Detail Content
Number of periodsSpecific
objectives
Specific tasksof student
In class Experiment,
practiceTheory Exercise,
Trang 2Chapter 1: The Cost Of Capital +Document
[1]: Content from Chapter 1
1.1 Calculation pitfalls1.2 Market risk premium1.3 Toward a better Beta1.4 The “Riskless Rate”1.5 The cost of debt1.6 Global capital costs1.7 WACC and Hurdle Rates
Chapter 2: Finding Your Sources of Value
sources of value
Reference documents:+Document [1]: Content from Chapter 2
2.1 Why shareowner value?2.2 Performance measurement pitfalls
2.3 Measuring Economic Profit and Value
2.4 Analyzing the Corporate Portfolio
2.5 Incorporating the Cost of Capacity
2.6 Value-Based Strategies and Tactics
2.7 Managing for Value2.8 Balancing Performance with Value
Chapter 3: Creating value Through Divestiture
how to create value through divestiture
Reference documents:+Document [1]: Content from Chapter 3
3.1 Divestiture Creates Value3.2 Sources of Value: Motives for Divestiture
3.3 Alternative Methods of Disposition
3.4 What Works Best for Whom?3.5 What Happens Longer Term?3.6 Practical Impediments to Divestiture
3.7 Financial Policy Considerations3.8 Tax Considerations and Structural Refinements
Chapter 4: Cash and The Optimal Capital Structure
about cash and the optimal capital structure
Reference documents:
Trang 3+Document [1]: Content from Chapter 5
4.1 Trends and Implications4.2 How Much Is Too Much?4.3 The Costs and Benefits of Excess Cash
4.4 How the Market Views ExcessCash
4.5 Optimal Capital Allocation
PART TWO: PROJECT FINANCE
Chapter 5: Introduction To The Theory And Practice Of Project Finance
basic knowledge about the theoryand practice of project finance
Reference documents:+Document [2]: Content from Chapter 1
5.1 What Is Project Finance?5.2 Why Do Sponsors Use Project Finance?
5.3 Who Are the Sponsors of a Project Finance Deal?
5.4 Overview of the Features of Project Finance
5.5 The Theory of Project Finance
Chapter 6: Project Characteristics, Risk Analysis, and Risk Management
project characteristics, risk analysis, and risk management
Reference documents:+Document [2]: Content from Chapter 3
6.1 Identifying Project Risks6.2 Risk Allocation with ContractsStipulated by the SPV
6.3 Summary of the Risk Management Process
Chapter 7: Valuing the Project and Project Cash Flow Analysis
how to value the project and project cash flow analysis
Reference documents:+Document [2]: Content from Chapter 5
7.1 Analysis of Operating Cash Flows and Their Behavior inDifferent Project Life-Cycle Phases
7.2 Defining the Optimal Capital Structure for the Deal
7.3 Cover Ratios7.4 Sensitivity Analysis and Scenario Analysis
Chapter 8: Financing the Deal 4 2 Understand
how to Finance the project finance deal
Reference documents:+Document [2]: Content from Chapter 6
8.1 Advisory and Arranging Activities for Project Finance Funding
8.2 Other Roles in Syndicated Loans
8.3 Fee Structure8.4 International Financial Institutions and Multilateral Banks
Trang 48.5 Bilateral Agencies: Developmental Agencies andExport Credit Agencies (ECAs)8.6 Other Financial IntermediariesInvolved in Project Finance
6 Assess the learning outcomes of study
6.1 Regular and period marks, diligently learning attitude: 20% of module marks.6.2 Mid – term test’s mark : 20% of module marks
6.3 Final test’s mark : 60% of module marks
7 References 7.1 Documents required
[1] Justin Pettit, Strategic Corporate Finance: Applications in Valuation and
Capatal Structure, John Wiley & Sons, 2007
[2] Stefano Gatti, Project Finance in Theory and Practice: designing, Structuring
and Financing Private and Public Projects, Academic Press, 2008.
Ba Ria-Vung Tau Province, date month year
PRINCIPAL EVALUATION BOARD LECTURER