BUS 434

Advanced Topics in Corporate Finance

Corporate finance is concerned with a corporation's acquisition and allocation of capital. This course builds on the foundation laid in BUS 315, learning how to identify projects that increase shareholder's wealth, how to determine the mix of debt and equity that should comprise a firm's capital structure, how to estimate the cost of a firm's capital, and how to divide corporate profits between retained earnings and dividends. It also considers agency theory, the market for corporate control, leasing analysis, mergers and acquisitions, valuation, and derivatives. The course includes extensive use of cases and readings from professional journals.

Prerequisites: BUS 315 with C- or higher.