COURSE DESCRIPTION :
A continuation of the first semester course that provides a solid foundation in fundamental business finance theory and practice. The course introduces such basic concepts as securities markets, interest rates and risk/return valuation models. In addition, the course concentrates on how managerial finance can be used to maximize the value of the firm.
INSTRUCTIONAL METHODOLOGY :
The course consists of class lectures, oral case analysis presentations and tests. The following will be covered in class :
- Introduction & Review
- Cash flow estimation & risk analysis
- Capital structure & leverage
- Distributions to shareholders ; dividends & share repurchases
- Managing current assets
- Financing current assets
- Derivatives & risk management
- Multinational financial management
- Hybrid financing ; preferred stock, leasing, warrants & convertibles
- Mergers, LBOs, derivatives & holding companies
TEXT :
Financial Management, Brigham, Thomson-South Western, 11th Edition, 2005
EVALUATION :
The final grade will be made up of class participation (20%), a mid-term test (40%) and the
final examination (40%).