An in-depth analysis of financial management in corporations with emphasis on decision making. Working capital management, short-term and long-term financing, mergers, business failures, and reorganizations are considered in depth with and extension of the valuation concepts presented in the basic financial management course
- Our aim in this course is to provide an enduring understanding of the basic conceptual and practical skills that enable a student as a manager to increase the intrinsic value of the firm.
- With the focus upon the big picture, we introduce financial environment and decision making rooted in current financial theory and the current state of world economic condition.
- Throughout this course, the student will understand the general nature of financial principles, and major financial decisions of corporations.
- Specific attention is given to the risk and return; asset and debt pricing; cost of capital; capital structure; capital budgeting; financial analysis and forecasting; financial decisions and market efficiency; working capital; derivatives; portfolio management.
- Module 1: An Overview of Financial Management and the Financial Environment
- Module 2: Analysis of Financial Statements
- Module 3: Time Value of Money
- Module 4: Bonds, Bond Valuation, and Interest Rates
- Module 5: Risk, Return, and the Capital Asset Pricing Model
- Module 6: Stocks, Stock Valuation, and Stock Market Equilibrium
- Module 7: Hybrid Financing: Preferred Stock
- Module 8: The Cost of Capital
- Module 9: Financial Planning and Forecasting Financial Statements
- Module 10: Distributions to Shareholders: Dividends and Repurchases
- Module 11: Capital Structure Decisions
- Module 12: Working Capital Management
- Module 13: Derivatives and Risk Management
Problem-solving, case studies, and presentation methodologies are applied to illustrate the theories and tools used in corporate finance and financial decision making.