Financial Management for Executives

3 Credits

This course provides the background to optimally manage the financial well-being of corporations. Topics include: time value of money, capital-budgeting analysis, net present value, internal rate of return (IRR) and its pitfalls, real options, making cash-flow forecasts from accounting data, financial statement ratio analysis, tradeoff between risk and return, portfolio theory, and Capital Asset Pricing Model (CAPM), estimating a project’s or firm’s cost of capital, corporate claimants and capital structure theory, dividend policy, and elements of corporate restructuring.