CORPORATE FINANCE (4 SCU)

Learning Outcomes:

Students should engender an integrative understanding of the factors affecting a firm’s financing decisions; interrelate the importance of the dividend decisions and the factors that may affect these decisions; comprehend the concept of, and demonstrate the ability to, calculate a firm’s weighted average cost of capital and the effect of imputation tax; develop an extended understanding of the efficient market hypothesis, and arguments in favor of behavioral finance; explain mergers and acquisitions, theories and evidence on the competitiveness of securities markets and the implications of this evidence for management; analyze, synthesize, and evaluate the outcomes of a detailed financial problem, incorporating both collaborative and individual work processes; and reflect upon and interpret conclusions, communicating them in formats conducive to both audience and purposes.

Topics:

It will cover the payout decision; capital structure and financing decisions of business enterprises; the measurement and use of the cost of capital; mergers and acquisitions; and the implications of competitive markets for management.

Prerequisite(s): None