CORPORATE FINANCE: EVALUATING OPPORTUNITIES
Corporate Finance: Evaluating Opportunities (Formerly _Strategic Corporate Investment_)
3 credit elective
Students registering for this course may not have already taken FIN7506 Financial Tools for Business Managers. Credit will not be granted for both courses.
This course is designed for those interested in evaluating complex long-term strategic investment proposals and valuing firms and subsidiaries for merger and acquisition purposes. Building on the foundation of the finance core, it explores finance theory to identify pitfalls, common mistakes, and best practices in corporate valuation. It expands valuation skills by introducing the equity approach and the adjusted present value (APV) valuation method, the preferred approach when capital structure is changing over time(e.g. in private equity transactions). It also covers the identification and valuation of real options embedded in strategic initiatives.
Prerequisite: FIN7200 or FIN7800
This course is typically offered in Fall and Spring.
Course Level:MSF Core (Grad),Graduate Elective (Grad)