The first part of the course will concentrate on opportunity evaluation and business plan development. The second part of the course will explore the strategic challenges of managing growth. It extends competitive analysis to a multinational context, analyzing the globalization of markets and the way market factors, technological shifts, governmental policies, and other factors cause a shift in the comparative advantage of firms. Financial Statement Analysis. Explores the use of financial reports in assessing past and future firm performance.
Principal focus is on equity valuation.
Attention is also given to credit, merger, and other financial decisions facing firm managers and capital suppliers. In large measure, the course can be described as applied corporate finance and investments. The principal difference from corporate finance is the prominence of financial statements and emphasis accounting conventions that govern their content. The treatment of investments is as a practitioner of fundamental analysis. Exposure to asset pricing theory is assumed but not formally considered.