Corporate Financial Theory

Catalog description

Corporate finance is central to the operation of every organization. This course explores the theoretical aspects of corporate finance. The end goal is to provide students with the tools necessary to conduct accurate financial analysis. For students pursuing a career in finance, the topics provide the foundation for an immersion in the science of finance. Students pursuing non-finance careers will receive a complete coverage of finance issues encountered by all senior managers. Detailed coverage of corporate finance issues is addressed in this course. Topics such as cost of capital, value of the firm, derivative securities, efficient capital markets, capital structure, and others are covered in the context of value maximization. Strong mathematical skills and extensive use of computer-based tools are required. Prerequisite foundation courses are integrated throughout the course. It is assumed that students have a working knowledge of financial accounting, economics, and statistics.