Course Introduction / Financial Reorganization
Course Introduction / Financial Reorganization
Course Level: Specialized Courses
Specialized: Cross-category
Required/Elective: Elective
Credits: 1.5
Pre-IMBA/Open Course: Open Course
Specialized: Cross-category
Required/Elective: Elective
Credits: 1.5
Pre-IMBA/Open Course: Open Course
Report (Report Day): Day 4
Course Period (Number of Classes): 3 months (6 classes)
Hours Per Class: 3 hours
Capacity: 35 students
Class Style: Case Method
Course Period (Number of Classes): 3 months (6 classes)
Hours Per Class: 3 hours
Capacity: 35 students
Class Style: Case Method
COURSE OVERVIEW
Students will gain insight into changes involving the large-scale restructuring of a company’s balance sheet, including reviewing the framework of the company itself. By selecting case examples of M&As, LBOs, spin-offs, and so forth, students will study the processes involved in these activities and understand the viewpoints of general managers. Students will also study the means of selecting the optimum method for dealing with such issues. The class work also includes role-playing, with the students assuming the parts of the management team and the creditors.
Prerequisite Courses
- Critical Thinking
- Finance I
- Finance II
- Strategy
- Finance I
- Finance II
- Strategy
THEME/CASE (*The themes and cases shown below are subject to change)
Day 1
| THEME | Financial Reconstruction for Assets - Large-scale M&A |
|---|---|
| CASE | Chase Manhattan Corporation: The Making of America's Largest Bank |
Day 2
| THEME | Financial Reconstruction for Assets - LBO/Private Equity |
|---|---|
| CASE | RJR Nabisco |
Day 3
| THEME | Financial Reconstruction of Equity - Tracking Stock |
|---|---|
| CASE | USX Corporation |
Day 4
| THEME | Reexamining Business Models and Financial Reconstruction |
|---|---|
| CASE | Humana Inc., Managing in a Changing Industry |
Day 5
| THEME | Financial Reconstruction of Debt |
|---|---|
| CASE | Flagstar Companies, Inc. (Abridged) |
Day 6
| THEME | Financial Reconstruction of Debt |
|---|---|
| CASE | The Brent Walker Group PLC |
Textbook (Please purchase the following textbook before the course starts.)
-
- Principles of Corporate Finance 9th ed.
- Brealey, Richard A., Myers, Stewart C., Allen, Franklin, (2007) McGraw-Hill Higher Education. ISBN-10: 0071266755 / ISBN-13: 978-0071266758
- Amazon.co.jp
