Course Syllabus
Course
FINC 6290 Financial Strategy, Section 3
Term
Fall 2 2013
Instructor
Name:
Phone:
Email:
Office:
Elizabeth A. Risik, PhD
314-246-7162
elizabethrisik37@webster.edu
346 EAB
Catalog Description
This course will be a final, comprehensive finance offering that will make use of cases and/or simulations to enhance the real-world applicability of the finance degree and to integrate all previous coursework.
Prerequisites
Prerequisites: completion of all other required courses for the major.
Course Level Learning Outcomes
Outcome
Expectation
1. Students can calculate the value of fixed income securities
Students can compute bond prices for use in unstructured case analysis. Applications include cost of capital computations for a corporation with a variety of divisions, optimal capital structure, leveraged buyouts, etc.
2. Students can calculate the value of equity securities
Students can propose an appropriate value for equity in unstructured case analysis. Student can prepare a report detailing the impact of earnings growth, dividend payments and other factors on common stock values observed in a simulation.
3. Students can discuss market functioning and the role efficient markets play in security valuation
Students can discuss market efficiency issues in case studies. They can identify situations that lead to market inefficiency (capital restrictions, market frictions, etc.) and develop plans to address or create value from the inefficiency.
4. Students can analyze capital budgeting decisions using standard methodologies
Students can prepare a capital budgeting analysis justifying decisions made during the finance simulation. Students can also prepare case analyses addressing complex capital budgeting issues such as: large project financing, project selection with capital restrictions or the relationship between valuation with real options and discounted cash flows.
5. Students can