Course Description This course is intended to provide a market-oriented framework for analyzing the major types of financial decisions made by corporations. The primary objective is to provide a framework, concepts and analytical tools to identify and solve financial management problems. It also introduces basic financial analysis techniques to transform concepts into practice, with emphasis on topics in the corporate finance area. It serves as the basis for all other courses in the area of corporate finance and provides basic tools that every business student will need to be successful in his or her chosen career. Prerequisites Critical thinking and the use of models to solve problems is emphasized.Mathematics for Economics and Business and Introduction to Economics I are formal prerequisites to start Business Finance course.
Learning Objectives
In this comprehensive course, students will achieve a profound understanding of Corporate Finance, covering key learning objectives such as grasping foundational concepts of financial management, discerning intricate financial implications of diverse business forms, aligning decisions with overarching goals, navigating conflicts of interest, decoding financial statements, mastering cash flow analysis, valuing stocks, assessing project viability, understanding investment risks and returns, and comprehending the risk-return trade-off. The course also explores short-term financial planning, culminating in a final exam to showcase problem-solving skills and application of corporate finance principles.
Expected Learning Outcomes
At the completion of this course students are expected to be able to:
understand important terminology and framework, concepts and analytical tools to identify and solve financial management problems;
At the completion of this course students are expected to be able to: be able to use basic financial analysis techniques to transform concepts into practice.
Course Contents
1. Introduction to Corporate Finance
2. Financial Statements
3. Working With Financial Statements
4. Long-Term Financial Planning and Growth
5. Midterm Exam I
6. Introduction to Valuation: The Time Value of Money
7. Discounted Cash Flow Valuation
8. Exam I for Part III & Part IV
9. Stock Valuation
10. Net Present Value and Other Investment Criteria
11. Making Capital Investment Decisions
12. Project Analysis and Evaluation
13. Midterm Exam III
14. Some Lessons from Capital Market History
15. Return, Risk, and the Security Market Line
16. Planning cycles, Integrated business planning, S&OP
17. Final Exam
Assessment Elements
Midterm exam
Attendance
A student should be present at each lecture according to the schedule.
Winter Exam
Final Exam
Assignments
A student should submit almost every assignment either in problem-solving or quiz answers format.
Parrino, R., Kidwell, D. S., & Bates, T. (2013). Essentials of Corporate Finance. New York: Wiley. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsebk&AN=1639264
Ross, S. A., Westerfield, R., & Jordan, B. D. (2012). Fundamentals of corporate finance. Slovenia, Europe: McGraw-Hill. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsbas&AN=edsbas.D5D5B17E
Recommended Additional Bibliography
Corelli, A. Analytical Corporate Finance / Angelo Corelli. – 2nd ed. – Cham, Switzerland: Springer Nature Switzerland AG, 2018. – (Springer Texts in Business and Economics). - Текст: электронный // DB Springer Books [сайт]. - URL: https://link.springer.com/book/10.1007/978-3-319-95762-3
Instructor
Студенникова Светлана Эдуардовна
Course Syllabus
Abstract
Learning Objectives
Expected Learning Outcomes
Course Contents
Assessment Elements
Interim Assessment
Bibliography
Recommended Core Bibliography
Recommended Additional Bibliography
Authors