This course is a natural continuation of Principles of Finance FIN-101. That course taught basic financial principles such as the time value of money, interest rates, the valuation of stocks and bonds, cost of capital and introduced market theories such as the capital asset pricing model. This course continues by focusing on more advanced concepts specifically relevant to corporate finance and corporate valuation. The course explores capital structure and valuation techniques. The course then looks at options and their valuation and concludes with an in-depth look at both long-term and short-term financing options for corporations and their relative strengths and weaknesses.
Course Learning Outcomes
At the completion of this course, the student will be able to:
Articulate the manners in which companies can raise capital through public markets
Determine the advantages and disadvantages of accepting corporate debt to finance company operations
Analyze various capital structure factors that apply to perfect capital markets and to capital markets affected by debt, taxes, etc.
Describe the advantages and disadvantages of issuing corporate dividends
Participate in financial modeling and forecasting of profits and expansion
Assist in the management of working capital
Describe the process of a merger or acquisition and the defenses that are available to the target of a hostile takeover
Apply the concepts learned in this course to international companies and international corporate finance
Accredited by the Distance Education Accrediting Commission. The Distance Education Accrediting Commission is listed by the U.S. Department of Education as a recognized accrediting agency. The Distance Education Accrediting Commission is recognized by the Council for Higher Education Accreditation (CHEA).