Tag Archives: financial plan

Assumption making for financial business planning at Yokohama National University

One of the final goals of the international students, studying at YCCS program of Yokohama National University is to make their own “feasible” business plan.

 

I have five classes in the program, where I teach:

  • Business problem solving
  • Financial business planning
  • Team facilitation
  • Logical thinking (for negotiation, communication etc.)
  • Business data analytics

 

One of the weakness of the students, who do not have any working experience, is the fact that they do not know how to know the “realistic” assumptions for making a business plan.

 

In this semester, I only focus on the techniques and knowledge about making reasonable assumptions.

This week, we will talk about “Goal-based” assumption.

This is one of the slides from the class:

slide1

I apply “active-learning” for all of my classes, where the students are actively participate in the discussion, assignments and group work.

We will discuss the topic and their own works assigned at the previous week.

slide2

 

Please let me know if you need further information for considering such practical business class at university.

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Business profit simulation class (Final exam)

Final exam case was announced last week.

The students are required to complete their own business financial plan and give an individual presentation in two weeks.

 

This is the case:

Profit.jpg

There is no “right” answer but the plan must be feasible and reasonable while meeting all the business requirements given in advance.

 

They have already learned the techniques to develop a business financial plan.

Making reasonable assumptions and adjustments to meet the requirements are the key!

 

Good luck and enjoy it !