Uses case studies to enhance the student's understanding of managerial financial decision making, specifically investment and financing decisions.
Topics include short- and long-term financing, capital structure and dividend decisions, cost of capital, capital budgeting, firm valuation, financial and operational restructuring, and mergers and acquisitions .
The course is sufficiently general so as to be of interest to all students. It provides students with the opportunity to apply the concepts and theories developed in other finance courses.
At its most fundamental level, the course attempts to improve problem-solving skills: problem definition, gathering and organizing the relevant information, developing feasible alternative courses of action, evaluating alternative choices, and recommending and defending the best course of action.
This course teaches students how to become an entrepreneur by focusing on financial aspects.
Topics include pro forma development and review, business valuation models, cash flow analysis and raising capital from private investors, venture capitalists and banks.
The course is taught using the case method process ("real life" case studies). Periodically, technical notes will be used and guests invited to augment subjects addressed. This is not a quantitative analysis course. Rather, it focuses on marketing, sales, management and strategic planning.
Managing an international business or one exposed to global competition requires an understanding of international financial instruments, markets and institutions. This course seeks to provide students with a working knowledge of these issues.
Topics include the nature of foreign exchange risk; the determination of exchange rates and interest rates ; the management of foreign exchange risk with forwards, options and swaps; exchange rate forecasting; the anatomy of currency speculative attacks ; and the dynamics of the balance of payments with a focus on understanding international capital flows, country debt and exchange rate fluctuations.
This course covers two aspects of money markets : financial institutions , and financial instruments .
In the first half of the course, the linkages between the financial system and the macro-economy are studied including interest rate determination, the role of the Federal Reserve and the conduct of monetary policy.
The second half of the course provides an overview of the instruments of the money market: Federal Funds, Commercial Paper, Treasury Bills, etc. Basic valuation and hedging techniques in short term futures and swaps are also covered.
This course covers the use and pricing of forwards and futures, swaps and options.
Specific topics include strategies for speculation and risk management , no-arbitrage pricing for forward contracts, the binomial and Black-Scholes option pricing models and applications of pricing models in other contexts.
Introduction to the concepts and techniques necessary to analyze and implement optimal investment decisions.
basic discounting techniques
stock and bond valuation
capital budgeting under certainty and uncertainty
asset pricing models
FIN II FINC 441 The role of the financial manager Valuations and investment decisions Dividend decisions Financing decisions Risk Management and Hedging Return rate should be appropriate Cash flows appropriately computed How much? What form? Identify costs and benefits of each financing instrument Choose the optimal mix Identify which risks should be hedged Find the appropriate instruments