This course is intended to provide students with a foundation 
in the modern theory of corporate finance. We will focus on 
developing a framework that is useful for understanding a broad 
range of major corporate financial decisions. The topics 
include the goals and conflicts among different stakeholders in 
the firm, governance, determinants of optimal investment and 
payout policy, tradeoffs in the choice of an optimal capital 
structure, information and bargaining problems associated with 
financing new investments, as well as changes in control. A 
more detailed description includes  descriptions of types of 
debt and equity, the role of capital structure in competitive 
strategy; the design of capital structure and securities to 
control information problems and limit conflicts of interest 
between different classes of security holders; procedures and 
costs of issuing securities including initial public offerings, 
and the determinants of optimal payout policy, as well as 
mergers, divestitures, asset sales, going private, and 
bankruptcy, among other change in control strategies.

•Financial Modeling
Corporate Valuation
DCF, multiples
Apply valuation model to various settings: valuation as an 
equity analyst, fairness opinion, various transactions
Describe the fundamentals of options valuation (in simple NPV 
framework, no option valuation models such as Black-Scholes, 
which will be covered in derivatives)
Earnings Quality and financial statement analysis intro/review 
Executive Compensation
•Risk management, hedging 
International Capital Budgeting/COC 
Exposure Measurement/Management	
Student presentations: Analyst report