The course covers financial decision theories and applications, asset valuation, capital budgeting techniques, capital structure, leasing, working capital management, and multinational financial management. Case-problem approach is emphasized. The emphases are to:
1. Gain a good understanding of finance theory and practice as applicable to corporate financial management;
2. Learn analytical tools useful for corporate decision making;
3. Apply the theoretical principles of finance to corporate decision making relating to valuation, investment, dividends, and working capital management; and
4. Develop skills in the analysis of real life finance problems and evaluate alternate approaches to their solutions.
Required Text and Cases:
Financial Management: Theory and Practice, 10th Edition
by Brigham and Ehrhardt (South-Western), 2002.
Study Guide to accompany the Financial Management: Theory and Practice.
Harvard Business School Case - Sears, Roebuck and Co. vs. Wal-Mart Stores, Inc. - Case # 9-101-011, 2002; Harvard Business School Publishing, Boston, MA 02163.
Harvard Business School Case - Whirlpool Europe - Case # 9-202-017, 2001; Harvard Business School Publishing, Boston, MA 02163.
A financial calculator. Texas Instrument=s BA II Plus is recommended.
Recommended: The Wall Street Journal, Fortune, and BusinessWeek
Prerequisite: Finance 3603 or Finance 5053 WITHOUT EXCEPTIONS!
Grading: Midterm 100 points
Final 100 points
Case Report 100 points
Class Participation and Case Discussion 100 points
Total 400 points
A: 360 - 400 points, B: 320 - 359 points, C: 280 - 319 points, D: 279 and below
There will absolutely be no make-up exams. BE SURE you are adequately prepared for each class session. In addition to assigned readings of the chapters, you are expected to do work on a number of numerical problems, exercises from the text and the Study Guide, and other...