Honors Corporate Finance

(3 Credit Hours) · Undergraduate

This section is an honors section and satisfies requirements in the Business Scholars program. The course gives a broad overview of the theory of corporate finance with the objective to develop students' ability to apply financial principles to decision making in a corporate environment. The course introduces several of the firm's financial policy decisions such as optimal capital structure, payout policy, and capital raising and further develops valuation skills to help determine the firm's best investment opportunities in the presence of more realistic market imperfections. The course starts from where FIN 20510 (Fundamentals of Finance) left off without much review. The accelerated nature of the course allows one to introduce further advanced topics such as security design, mergers and acquisitions, and possibly others, time permitting. The course identifies and examines the issues faced by corporations in greater depth by presenting empirical research results and real case discussions. If you felt comfortable with the material covered in FIN 20510 Fundamentals of Finance, are curious about how corporations make decisions, and are ready to move at a faster pace, this may be the course for you. It will help you develop the necessary skills to pursue more advanced finance courses and become a successful finance professional and leader, but also should make you think and realize the complexity and non trivial nature of the corporate financial world. I find the subject useful, fascinating, and thought provoking; I hope you will too.