| Course Description |
For students considering working in Investment Banking or in the Finance department of a Corporation. After a brief two-lecture intro to Accounting, it focuses on Corporate Finance. [Important: class will not meet Jan 29, 2026 and will instead have a make-up class on a Friday!] Interpret financial statements, build cash flow models, value projects, value companies, and make Corporate Finance decisions. Additional topics include: cost of capital, dividend policy, debt policy, impact of taxes, Shareholder / Debtholder agency costs, dual-class shares, using option pricing theory to analyze management behavior, investment banking activities, including equity underwriting, syndicated lending, venture capital, private equity investing, private equity secondaries, capital structure arbitrage. Application of theory in real-world situations: analyzing financial activities of companies such as Google, Tesla, etc. |
