Principles of Corporate Finance
Curriculum
Finance II (Valuation and M&A)
Course Objectives
This course aims to provide an understanding of valuation as well as mergers and acquisitions (M&A) in light of enhancing corporate value. The main objective is to comprehend the way decisions on investment opportunities and fund sourcing should be made by the CEO and assisted by the CFO.
The execution of investment decisions requires corresponding financing/funding. We will therefore pay special attention to the importance of communicating with the capital markets and the methodology thereof.
The course is based on the preliminary knowledge and frameworks studied in Finance I (Corporate Finance). The course will be conducted primarily through case studies, and related or applicable topics not covered in the cases will also be studied in the lecture. We aim for a comprehensive understanding of corporate finance.
The execution of investment decisions requires corresponding financing/funding. We will therefore pay special attention to the importance of communicating with the capital markets and the methodology thereof.
The course is based on the preliminary knowledge and frameworks studied in Finance I (Corporate Finance). The course will be conducted primarily through case studies, and related or applicable topics not covered in the cases will also be studied in the lecture. We aim for a comprehensive understanding of corporate finance.
Course Details
Programs: Full-time MBA, Part-time MBA
Discipline: Accounting and Finance
Course Level: Applied Course
Required/Elective Course: Elective Course
Number of Credits: 1.5
Report: Day 4
Hours Per Class: 3 hours
Class Capacity: 35 (Part-time MBA)
Discipline: Accounting and Finance
Course Level: Applied Course
Required/Elective Course: Elective Course
Number of Credits: 1.5
Report: Day 4
Hours Per Class: 3 hours
Class Capacity: 35 (Part-time MBA)
Recommended Preliminary Courses
Theme/Case
Day 1
| THEME | Investment Risk and Cost of Capital |
|---|---|
| CASE | Midland Energy Resources, Inc : Cost of Capital |
Day 2
| THEME | Debt Finance and Optimal Capital Structure |
|---|---|
| CASE | Polaroid Corporation, 1996 |
Day 3
| THEME | Valuation and M&A Strategy |
|---|---|
| CASE | Health Care Manufacturing |
Day 4
| THEME | Comprehensive Exercise (Investment in New Project and Fund Raising) |
|---|---|
| CASE | Flash Memory, Inc. |
Day 5
| THEME | Equity Finance |
|---|---|
| CASE | Netscape’s Initial Public Offering |
Day 6
| THEME | M&A Utilizing Debt (Leveraged Buyout) |
|---|---|
| CASE | Valuation of AirThread Connections |
Textbook (Please purchase the following textbook before the course starts.)
Faculty
