May be repeated as topics change. The theory and practice of corporate finance, using the approaches and quantitative methods required of today s financial managers and decision-makers. Special emphasis on a theory of value, the determinants of risk, return and the opportunity cost of capital, applied to both real and financial assets, the study of leverage issues, the exploitation of market inefficiencies, and the development of various tools and economic reasoning which provide the basis for a wide range of corporate financial decisions. Includes the analysis and management of stocks, bonds, mutual funds and other investments, and the nature of security markets. An in-depth study of modern portfolio theory and techniques for the valuation of securities including equity, debt and derivative securities.
Special emphasis is placed on the contingent claims model for security valuation.
The application and valuation of financial securities whose value is contingent on the value of other securities. This course provides a comprehensive introduction to the world of financial management as it applies to multinational corporations and other firms that engage in international transactions. Topics include the nature of the international financial system, foreign exchange management, investment financing and risk management issues of concern to international businesses. Financial Management-3 S.H. Case studies affecting the financial policies and position of the business unit. Analysis of financial problems, determination of alternatives, evaluation of alternatives and managerial decision-making.