Course Overview 

This is the Introductory Finance Class at most universities.  It is targeted largely at Corporate Finance, but also serves as an introduction to the world of finance for both those who work in Finance or other fields. 
    
Syllabus

Syllabus
Tentative Outline

here is the link to the text's main web page for students .  It has quite a few useful pages of notes and online quizzes.  I am sure the quizzes will help also for tests! 

Notes: 
These notes are constant works in process.  They will likely be updated repeatedly though out the year.  For that reason you should make a practice of printing them just before the class if at all possible. (note: each topic also has links within the chapters). 

Introduction

Why study finance, What is Finance?, more on the organizational forms and still more if you are interested: Business Organizations

     Financial Intermediaries-Intermediaries lower transaction costs. 
Financial Intermediary Market Share Data
Markets
Mutual funds

Accounting and Finance
   --more advanced notes on Accounting and on EVA

More accounting and Finance (Ratios)
Excel assignment

Hint: on some computers I have not figured out why some do and some do not), when opening Excel files from the web you will be asked for a password.  These do not need a password.  Just try again and either hit cancel or just OK (leave password and name  blank).  It will eventually open. 
 

Time Value of Money

An introduction to the Time Value of Money ,
Simple vs Compound Interest
Present Value 

         The Excel Present value worksheet we used in class to price bonds. (works best with Internet Explorer) 

What is NPV and why is it so important?

Future Values

Smoking example

Haven't had enough time value of money notes?  Try these from TeachmeFinance . 

What is a bond? Types of bonds and pricing of bonds

What influences interest rates?

Introduction to Pricing Stocks (i.e. equity Valuation)

More on stock valuation

Capital market history, history of returns, Risk and return etc,

geometric vs arithmetic averages, Market Indicies, the Dow

Market efficiency  more on market efficiency from Dean LaBaron , advantages of mutual funds.

(chapter 12)

Test 1 --chapters 1-8, 12.
 

MORE NOTES WILL BE ADDED

More on market efficiency

Risk and return 
Introduction to portfolio math 

What is Risk? 
Why do Risk and Return go together? 
What are the Types of risk? 

Notes on CAPM
more notes on CAPM . 
    CAPM Questions and Test help 

Cost of capital-- WACC example

Corporate Governance 
             Adelphia--This is a case that Carol Fischer and I have writen up.  It is being presented at a conference in New Orleans pre Katrina.   This was part of the class discussion on Corporate Governance of class on Friday 1

Write-up , Powerpoint Presentation

Raising capital 

 Final Exam