This course develops a theory of financial decision-making. Applications include capital budgeting with consideration of risk, capital structure decisions, dividend policy, growth, leasing, and the role of taxation in financial decision-making. Topics selected by instructor. FINC 455 International Financial Management Analysis of exchange rate determination in spot and forward markets. This course describes the role played by financial institutions within the financial system.
Emphasis is on providing a managerial perspective of financial institutions.
Using actual cases, various aspects of corporate financial decisions are analyzed. Among the subjects discussed are optimal capital structure, dividend policy, share repurchases, financing alternatives, firm valuation, mergers and acquisitions, and creative financial products. The first half of the course will focus upon international banking. These topics will be covered with lectures and discussion. During the second half of the course, the impact of globalization on traditional corporate finance topics will be analyzed.