Topics include valuation, capital budgeting, cost of capital, leasing, dividend policy, capital structure, and mergers and acquisitions. Areas studied include working capital management, liquidity policy, banking relations, investment in money market instruments and financial statement forecasting. Appropriate undergraduate courses in accounting and finance. Topics include alternative models for allocating resources among risky alternatives and evaluation of performance. Emphasis will be placed on mortgage instruments, mortgage types, effective cost of borrowing, construction lending, financial institutions, loan underwriting, and the secondary mortgage market.
Analysis is primarily from the debt investor's perspective.
The study of selected topics in finance for graduate students. Special title required. May be repeated to a maximum of nine credits under different subtitles. May be repeated to a maximum of six credits. Topics include utility theory, investor reaction to uncertainty, cost of capital theory, dividend theory, portfolio theory, and asset pricing in equilibrium.