Lecture 1 NN 1

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Advanced
Corporate Finance

Presented by

9/3/14

Professor Nikolay Halov

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Plan for today
• Syllabus
• Introduction to the course
• Is Corporate Finance Irrelevant?

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General Information
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Professor Nikolay Halov
Office: KMC 9-151
E-mail: [e-mail]
Phone: [phone]

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Course Information
Meeting times: Monday Wednesday 2-3:15pm, 3:30-4:45pm

•The web page:

– NYU Classes
– Class materials, problems, solutions, communication

•TAs:
•

Ryan Liu:

[e-mail]

•Office hours

– Tuesdays 5pm-7pm – KMC 9-151
– By appointment – anytime
– TA Office hours: TBA

•Syllabus: check on NYU Classes for updated version.

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Class Materials
• Class notes
– Self contained: will do a brief review of concepts from Corporate
Finance, having taken Valuation is useful but not required
– Handouts in class, slides uploaded on NYU Classes
– To see what’s next, check NYU Classes

• No Required texts:
– Useful textbooks for background reading
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Investment Valuation 3rd Ed. by Damodaran

• Brealey, Myers Allen
• Ross Westerfield Jaffe

– Articles and cases

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Class Materials
• HBS cases for detailed analysis
– Group assignments (5-7 people)
– 2 page executive summary + All spreadsheets

• Problem Sets
• Graded on a pass/fail basis; worst Problem Set will not count toward your grade
– solutions on NYU Classes

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Course information
• Expect a lot of the work will be done out of the classroom • Participation is crucial
– Skipping classes

• Name tags
• Prerequisites

– Yes: Foundations of Finance, basic accounting & statistics
– No: Equity Valuation, Financial Modeling and Analysis

• No laptops in class or during exams, (financial) calculators are sufficient

– Free to use others spreadsheets but be responsible for your valuations and analysis
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• Questions
– Always welcome!

• Especially When:
– I use a term which is new or you are not complete sure what it means
– I am about to move to a new topic and you are lost on what we did and why it