Tentative Outline
Week 1
Introduction--Why study finance?, Financial system, Finance
at the firm, Investments, Financial Institutions, Jobs in Finance
Chapter 1: Introduction to Corporate Finance: Organizational
Structure, Nexus of Contracts, Types of markets
Chapter 2: Accounting-The basic statements
Chapter 3" Working with Financial Statements --Ratios
Dupont Analysis
Introduction to Financial Planning (chapter 4)
Intro to Time value of money
Week 2 Time value of Money
Interest Rates--Economic perspective
Chapter 5: Time Value of Money (present and future values)
Chapter 6: DCF
Chapter 7: Valuation of Bonds
Chapter 8 Valuation of Stock
Week 3:
Capital Budgeting : NPV and Alternatives Chapter 9
Making investment decisions: Chapter 10
Capital Markets
Market efficiency--History (chapter 12)
Test on Saturday afternoon
Week 4--
Risk and Return introduction (chapter 13)
Chapter 10 & 11: Risk and Return
--Cost of capital and Long term Financial policy (chapter 15,16, 17)
-Cost of capital continued
Chapter 12: Cost of Capital and Capital Budgeting
--Risk and the firm
Introduction to derivatives (chapter 14)
Week 5--Derivatives
-- pulling it all together
--Final