Course ID: | FINA 4201. 3 hours. |
Course Title: | Corporate Finance Valuation for Non-Finance Majors |
Course Description: | Valuation models and techniques used in corporate finance
decision-making. Emphasis is placed on understanding the
determinants, structure, assumptions, and implications of
valuation models used by firms to decide what projects to
undertake, how to finance the projects, and their payout
policies. This course is not calculus based. |
Oasis Title: | Fina Value for Non-Fina Majors |
Duplicate Credit: | Not open to students with credit in FINA 4200 |
Prerequisite: | FINA 3000 or FINA 3000H or FINA 3000E or FINA 3001 or FINA 3001H or FINA 3001E |
Semester Course Offered: | Offered every year. |
Grading System: | A-F (Traditional) |
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Course Objectives: | This is an advanced finance valuation class for non-finance
business majors. Thus, the techniques of valuation, which are
an integral part of many finance classes are new to these
students, having been exposed only in a simple sense in the
Introduction to Finance class. The goal is to allow a non-
finance student to work with and use valuation models
developing a framework for calculating and using valuation
techniques. Valuation models are useful in many applications in
the real world and fit well with the learning in their other
majors. Valuation is fundamental to business decisions.
The techniques the students will work with and apply include:
1) Weighted cost of capital
2) Stock and bond pricing
3) Option pricing
4) Financial ratios and financial statement analysis
5) analysis of comparable firms |
Topical Outline: | Financial statements
Financial forecasting of cash flows from financial statements
Time-value of money
Capital budgeting
Cost of capital
Stock and bond pricing
Option valuation
Capital structure
Payout policy |