Corporate Finance (ECON W4280)
Tri Vi Dang
Email: td2332@columbia.edu
Columbia University
Spring 2013
Corporate Finance (ECON W4280)
Meeting time: Tu, Th 4.10-5.25
Meeting place: Hamilton 503
Office address: IAB 1032
Office hours: Th 11.00-12.00 and other times by appointment
Course Description
The aim of this introductory course in corporate finance is to provide students with fundamental concepts for understanding firms’ financing decisions and the basic tools for the valuation of a corporation. This course is divided into two parts. Section I discusses valuation frameworks and the theory of corporate finance. The concepts developed in this section will be useful for economic decisions making irrespective of whether you intend to specialize in finance or not. Section II is more applied and will equip students with basic techniques that are required for a job as a financial analyst at an investment bank or financial consulting firm.
The following topics will be covered.
I. The theory of corporate finance
I.1.
Valuation concepts
I.2.
Financial structure decisions
I.3.
Taxes and the costs of financial distress
I.4.
Financial structure and investment decisions
II. The practice of corporate finance
II.1. Internal finance, corporate control and merger analysis
II.2. Private equity and venture capital finance
II.3. Business analysis and financial analysis
II.4.
Enterprise valuation
1
The course content is a mixture of conceptual structures, analytic models, case analyses and discussions. I do believe that a solid knowledge of conceptual frameworks will prove very helpful in practical decisions making. Heavy emphasis is put upon a working understanding of the economic frameworks discussed in class. The learning mode is a combination of lectures and discussion of several real cases. In particular, we will have an extensive business and financial analysis as well as a valuation exercise of Apple Inc. which will be particularly interesting to
Email: td2332@columbia.edu
Columbia University
Spring 2013
Corporate Finance (ECON W4280)
Meeting time: Tu, Th 4.10-5.25
Meeting place: Hamilton 503
Office address: IAB 1032
Office hours: Th 11.00-12.00 and other times by appointment
Course Description
The aim of this introductory course in corporate finance is to provide students with fundamental concepts for understanding firms’ financing decisions and the basic tools for the valuation of a corporation. This course is divided into two parts. Section I discusses valuation frameworks and the theory of corporate finance. The concepts developed in this section will be useful for economic decisions making irrespective of whether you intend to specialize in finance or not. Section II is more applied and will equip students with basic techniques that are required for a job as a financial analyst at an investment bank or financial consulting firm.
The following topics will be covered.
I. The theory of corporate finance
I.1.
Valuation concepts
I.2.
Financial structure decisions
I.3.
Taxes and the costs of financial distress
I.4.
Financial structure and investment decisions
II. The practice of corporate finance
II.1. Internal finance, corporate control and merger analysis
II.2. Private equity and venture capital finance
II.3. Business analysis and financial analysis
II.4.
Enterprise valuation
1
The course content is a mixture of conceptual structures, analytic models, case analyses and discussions. I do believe that a solid knowledge of conceptual frameworks will prove very helpful in practical decisions making. Heavy emphasis is put upon a working understanding of the economic frameworks discussed in class. The learning mode is a combination of lectures and discussion of several real cases. In particular, we will have an extensive business and financial analysis as well as a valuation exercise of Apple Inc. which will be particularly interesting to