Corporate Finance

Pre-requisite Course: SIPAU6200 - Accounting. Corporate finance is an introductory finance course and a central component for students pursuing the international finance track of the International Finance and Economic Policy (IFEP) concentration. This course covers key areas of business finance essential for all managers, regardless of their specialization in finance. Three fundamental questions are addressed: how much funding a firm requires to carry out its business plan, how the firm should acquire the necessary funds, and whether the business plan is worthwhile even if the funds are available.

To explore these questions, the course will cover topics such as analyzing historical uses of funds, formulating and projecting funding needs, analyzing working capital management, choosing among alternative sources of external funding for company operations, identifying costs of funds from various sources, valuing simple securities, evaluating investment opportunities, and valuing a company based on its projected free cash flow.

The course will combine lectures and in-class case discussions, for which students should prepare fully. The goal is to provide students with an understanding of both sound theoretical principles of finance and the practical environment in which financial decisions are made.