Description
This is an MBA Level course on Corporate Finance Fundamentals. We will begin by examining financial decisions that companies make. We will examine Capital Budgeting and Capital Structure decisions. We will examine data sources that are available for financial analysts to analyze financial decisions made by companies. Once we have analyzed financial decisions, we will carefully delineate the roles played by banks and financial institutions. We will distinguish between different types of financial institutions such as Commercial Banks, Investment Banks and Custody Banks. After we examine the roles played by financial institutions, we will examine different types of financial statements such as the Balance Sheet, Income Statement, Cash Flow Statement and Statement of Shareholders' Equity. Next we will examine Time Value of Money concepts and Financial Asset Valuation. We will examine the concept of No Arbitrage Valuation by Comparable Companies. We will examine the Dividend Discount Model and the concepts of Expected and Realized Returns. Later in the course, we will examine historical returns. We will also examine how data is collected by statisticians and the applications of statistics in finance. Specifically we will examine several descriptive and inferential statistics. We will define risk specifically and statistical measures used to define risk. Finally we will examine the Capital Asset Pricing Model and the Weighted Average Cost of Capital. We will cover the topics from a US Perspective but examine Global Insights once we cover topics. There are eight Global Insights sections in the course that will give you unique perspectives on how corporate finance is practiced worldwide.
