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GraduateSchool of Business
http://www.mba.itb.ac.id
INSTITUT TEKNOLOGI BANDUNG
MM5007
Financial Management
AUGUST 2016
7. Grading ................................................................................................................................................ 11
9. References .......................................................................................................................................... 14
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1. Vision and Mission of MBA-ITB
MBA ITB has a vision and mission as follows:
Vision:
To be A World Class Program of Master and Business Administration that Creates Ethical
and Entrepreneurial Leaders
MBA ITB has a mission to create ethical and entrepreneurial business leaders who can thrive in
the globally connected business environment. We believe that the mission can be achieved by
developing our students to have the following attributes:
Awareness toward global business environment, i.e. by exposing them with global
business issues that may affect their business success
Integrative thinking
each student shall be able to demontrate an ability to identfy the central
problems/issues, draw and assess recomendation using a perspective that integrates
both fuctional and relevant contextual information and deploy them effectively to solve
the problem from a strategic views point.
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Team work
Each student shall demontrate an ability to work effectively in a team, exhibiting
behaviour that reflects an understanding of the importance of individual roles and tasks,
and the ability to manage conflict and compromise so that team goals are achieved.
Communication skill
Each student shall be able to communicate verbally inn an organised, clear and
persuasive manner, and be responsive listener.
Ethical Responsibility
Each student shall be able to identify ethical issues understand the impact of a particular
issue on various stakeholders, recognize the rights and responsibilities of the
stakeholder and systematically analyse the pro and cons of eny decisions related to
ethical issues.
Leadership
Each student shall be have hightened awarness of what it take to exercite effective
leadership, through key inisiative, efective execute , influencing, inspiring, empowering
people and manging changes.
Global Awareness:
Each student shall understand the nature of global issues impacting business, including
competition, policiess, politic, culture and consumers and have the ability to respond to
them effectively.
There are three programs at MBA ITB Bandung campus with specific learning goals as follows:
A. Young Professional
The learning goal of this program is to build business sensitivity and business
administration knowledge and skills required to start a career at managerial level.
C. Executive MBA
The learning goal of this program to improve students agility in decision making and to
develop a holistic view of business which enables them to lead a business project on a
higher level effectively in todays business environment.
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3. Learning Goals and Learning Objectives of This Course
Marketing management is a function that connects the company to its customers by aligning
companys resources with customers needs and wants, so that the company is able to create
value for customers. The goal of this course is to provide a fundamental understanding of
marketing management processes as a part of a companys efforts to create value for its
customers. The learning goals of this program is to develop knowledge, skills, and sensitivity in
business administration that are required to manage marketing processes needed for
developing a companys strategic planning.
Integrative Thinking
Students will be able to demonstrate an ability Understand marketing concepts and tools and able
to identify the central marketing to apply these to identify and analyze marketing
problems/issues which lead them to assess problems/issues.
suitable marketing tools, propose Identify possible marketing solutions and conduct a
recommendations based on a perspective that multiperspective analysis by integrating functional
integrates both functional and relevant and relevant information about the
contextual information, and deploy these interrelationships of the business environment and
recommendations effectively. the firm.
Develop recommendations based on the
constructed perspectives and aligning these with the
firms strategic objectives.
Team Work
Student will be able to demosntrate an ability Understand how to collaborate with others.
to work effectively in a team, exhibiting
behaviour that reflects an understanding of Give constructive feedback in a small group in the
the importance of individual roles and tasks, learning environment.
and the ability to manage conflict and
compromise so that team goals are achieved.
Communication Skill
Student will be able to communicate verbally Present information in an organized and concise
in an organised, clear and persuasive manner, manner.
and be a responsive listener. Demonstrate a skill to persuade others in persuasive
manners.
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Learning Goals Learning Objectives
Demonstrate listening skills.
Ethical Responsibility
Student will be able to identify ethical issues, Recognize ethical issues in a marketing context.
understand the impact of a particular issue on
various stakeholders, and systematically
analyse the pro and cons of any decisions
related to ethical issues.
Global Awareness
Student will understand the nature of global Identify global issues that may affect the industry
issues impacting business, including (Global Intellectual Capital)
competition, policiess, politic, culture and Develop understanding toward global cultural
consumers and have the ability to respond to aspects that affect business operations
them effectively.
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5. The Course Plan
Session 1
- Understanding and (13.30-15.00):
applying knowledge and Cash Flow and
tools in the managerial Financial Planning Read LJG
TF
and strategic design pillar and lecture on Ch. 4
related with financial materials for case 2
management. (Lecture and Class
9-Sep-16 - Analyzing information Discussion)
comprehensively by Break
considering various
factors in the business
environment (internal and Session 2
Case 2 : Kota
external). (15.15-16.45): TF
Fibres Ltd
- Using financial data Class Disussion
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Session 1
- Understanding and (13.30-15.00):
applying knowledge and Time Value of Read LJG
tools in the managerial TF
Money Ch. 5
and strategic design pillar (Lecture and Class
related with financial Discussion)
management.
16-Sep- Break
- Analyzing information
16
comprehensively by
considering various
factors in the business Session 2 Case 3 :
environment (internal and (15.15-16.45): Developing TF
external). Class Discussion Financial Insight
- Using financial data
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considering various Session 2
factors in the business (15.15-16.45):
environment (internal and Capital Budgeting Read LJG
TF
external). Cash Flow Ch.11
- Using financial data (Lecture and Class
Discussion)
- Understanding and Sesion 1 Case 5 :
applying knowledge and (13.30-15.00): Investment TF
tools in the managerial Class Discussion Detective
and strategic design pillar Break
related with financial
management.
- Analyzing information
comprehensively by
21-Oct- considering various Session 2
16 factors in the business (15.15-16.45):
environment (internal and Risk and
Read LJG
external). Refinement in TF
Ch.12
- Using financial data. Capital Budgeting
- Understanding rational (Lecture and Class
and non-rational behavior Discussion)
of people in order to
purpose business
solution.
- Understanding and Session 1
applying knowledge and (13.30-15.00):
tools in the managerial Leverage and Read LJG
TF
and strategic design pillar Capital Structure Ch.13
related with financial (Lecture and Class
management. Discussion)
28-Oct-
- Analyzing information Break
16
comprehensively by
considering various
factors in the business Session 2
Case 6 : Fonderia
environment (internal and (15.15-16.45): Read LJG TF
di Turino
external). Class Discussion
- Using financial data
Session 1
- Understanding and (13.30-15.00):
applying knowledge and Read LJG
Payout Policy TF
tools in the managerial Ch.14
(Lecture and Class
and strategic design pillar Discussion)
related with financial
Break
management.
4-Nov- Session 2
- Analyzing information
16 (15.15-16.45):
comprehensively by
considering various Working Capital &
Current Liability Read
factors in the business LJG Ch.15- TF
environment (internal and Management
16
external). (Lecture and Class
- Using financial data Discussion)
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- Understanding and Session 1 Case 7 : Dell's
applying knowledge and (13.30-15.00): Working Capital TF
tools in the managerial Class Discussion Management
and strategic design pillar Break
related with financial
management.
11-Nov- Session 2
- Analyzing information
16 (15.15-16.45):
comprehensively by
considering various Leasing and Intro to Read LJG Ch
TF
factors in the business Risk Management 17
environment (internal and (Lecture and Class
external). Discussion)
- Using financial data
Session 1
- Understanding and (13.30-15.00):
applying knowledge and Merger and Read LJG
TF
tools in the managerial Acquisition Ch.18
and strategic design pillar (Lecture and Class
related with financial Discussion)
management. Break
18-Nov-
- Analyzing information
16
comprehensively by
considering various
factors in the business Session 2 Case 8 : Yeats
environment (internal and (15.15-16.45): Valves and TF
external). Class Discussion Control Inc
- Using financial data
25-Nov-
Final Test
16
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6. Lecturer Profile
Name : Taufik Faturohman, PhD
About me:
Taufik Faturohman is currently lecturer at the School of Business and Management Institute of
Technology Bandung (SBM ITB). He received a PhD in Economics and Finance from Curtin Business
School, Curtin University of Technology Western Australia. The title of his dissertations is An
Examination of the Growth of Islamic Banking in Indonesia from 2003-2010. Taufik obtained his
MBA from ITB, and graduated with honor (cum laude). He earned a Bachelor degree in Materials
Engineering, also from ITB. Taufiks research interests are Islamic banking, Islamic finance, corporate
finance, business risk management and economics.
7. Grading
A. Assessment criteria
The assessment of students attainments uses the following criteria:
1. Be capable of comprehending the concepts, theories, and ideas that develop during
lectures.
2. Be capable of applying the concepts on examples of corporate life, both through case
studies as well as the students own experiences.
3. Be capable of convincing other people, and be capable of leading debates in case
discussions.
A. Assessment methods
Performance of students in this course will be evaluated using several methods/media,
particularly that concern with:
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4. Quality of team working and leadership in presentations and case discussions.
The final mark will be determined based on weighting of marks, for example, as follows:
During lectures, the students are expected to show and develop MANAGERIAL DECISION
MAKING SKILLS IN THE FIELD OF FINANCIAL MANAGEMENT. To be more specific, the students
are expected to be capable of:
1. Identifying, analyzing, and finding solutions for problems in the field of financial
management.
2. Communicating their ideas.
3. Applying relevant concepts and methods in managing corporate finances.
4. Developing creative ideas in managing corporate finances.
Students participation in the class will also affect the quality of group discussions or even the
class as well. The level of a students role in the group or class reflects the students level of
contribution in the learning process during case discussions or group assignments. The greater
the contribution of each participant in the group or class, the more meaningful and deeper is
the progressing learning process. It is important to note here that students have to put more
importance on quality rather than quantity.
1. Excellent contributor. The student has carefully planned the materials for contribution in
the class. The ideas that the student suggests are substantial ideas that concern the topic of
discussion.
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2. Good contributor. The student delivers his or her argumentation properly with relevant
reasoning. The students argumentations could encourage other participants to improvise.
3. Fair contributor. The student prepares his or her materials fairly. The ideas the student
suggests are useful for problem solving, however, they are sometimes not relevant to the
main concern in the discussion. When the student is not a member of the discussion group,
the quality of that group discussion will be dwindling.
4. Inadequate contributor. The contributor has not prepared his or her materials properly.
Sometimes, the ideas the student puts forward are quite important, however, not relevant
to the topic of discussion. This student does not think further about the topic and
contributes little for the team.
5. Not participating. The student is passive and does not say anything in class discussion. Such
students are just free-riders who will only take advantage from team discussions.
D. Quiz
Quizzes will be regularly conducted without any notice beforehand. This is to test the extent of
the students comprehension of the course materials.
For the students considerations, their performances will be assessed and graded accordingly,
as follows:
F. Working hours
Students can meet the lecturers of this course at certain hours that will be notified in the MBA
ITB announcement board to discuss relevant course materials.
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Students can contact the lecturers through the e-mail address. Besides, students can also meet the
lecturers by appointment.
We will be grateful if students are active, asking questions and suggesting their positive ideas and
opinions during the course, so all of us can become the best.
8. Students Guidance
9. References
A. Mandatory Material
Lawrence J, Gitman., Principles of Managerial Finance, Mc GrawnHill, Fourteenth Edition,
2014 (LJG)
B. Additional Materials
1. (RWJ), Modern Financial Management, Stephen A. Ross, Randolph W. Westerfield & Jeffrey
Jaffe, McGraw-Hill, Eighth Edition, 2009
2. (KMPS) Financial Management; Principles and Applications, Arthur J. Keown, John D.
Martin, J. William Petty & David F. Scott, Jr. Pearson Prentice Hall, Tenth Edition, 2005.
3. (BKM) Investments, Zvi Bodie, Alex Kane & Alan J. Marcus, McGraw-Hill, Sixth Edition, 2005.
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