FIN4250
Corporate Finance
The course examines the theory and practice of corporate financial decision making to maximize the firm’s value. Students will review major finance topics including capital budgeting, risk-return relationship, capital market theory, market efficiency, capital structure, dividend policy, long term financing, and working capital management.
UPON COMPLETION OF THE COURSE, THE STUDENT WILL BE COMPETENT IN:
- Understanding the goals of corporate financial management.
- Identifying major influences on corporate financial decision making.
- Demonstrating the ability to analyze financial statements for key indicators of financial health.
- Understanding how time value of money concepts influence financial decision making.
- Correlating interest rates to valuation considerations for bonds.
- Understanding and evaluating methods for stock valuation.
- Evaluating investments utilizing discounted cash flows and net present value.
- Performing sensitivity analysis, scenario analysis, and break-even analysis to evaluate capital projects.
- Discussing the relationship of risk and return as it relates to investments.
- Demonstrating the use of the Capital Asset Pricing Model and the Weighted Average Cost of Capital.
- Understanding the key functions of efficient markets.
- Evaluating corporate structures.
- Performing analysis for optimal working capital management decision making.
- Understanding the implications of good and bad corporate governance.