FIN 401 Corporate Finance

FIN 401 Corporate Finance is a self-study course whose grade is based solely on the final examination. This course of study that is necessary to be prepared for the final examination consists of eighteen lessons based on the readings from the textbook. Students should read the entire text of all of the reading assignments. There are no formal homework assignments, but students are encouraged to answer ALL of the review questions at the end of each Lesson to ensure that they have understood the relevant course material are well prepared for the final exam.

Course Description:
This course is concerned with the role of financial institutions and markets play in the business environment. It explores a series of applications of principles from finance and economics that explore the connection between financial markets, financial Institutions and the economy. On the financial markets side, it deals with the term structure of interest rates, stocks, principals of derivatives and currencies. On the institutions side, it deals with commercial banks, investment banks, insurance companies, mutual funds, the Federal Reserve System and its role of in the economy.This course focuses on the financial management of both publicly held and private corporations. Students are presented with a conceptual framework for understanding and addressing problems commonly faced by corporate decision makers and are provided opportunities to apply these concepts to contemporary business situations. Topics covered include: time value of money, the relationship between risk and return including the capital asset pricing model, the valuation and role of debt and equity, capital budgeting/project evaluation techniques, cost of capital, cash flow estimation, project risk analysis, real options, company valuation, and capital structure decisions.

Learning Outcomes:
Upon successful completion of the course, students will be able to: