Advanced Corporate Finance II - Financing

1.5 units

The purpose of this course is to provide an understanding of the financing decisions corporations make. While ACF I focused on firms' investment decisions, this course focuses on how firms fund those investments, raise capital, and return capital to investors. By the end of the course, you should be able to articulate how a variety of market frictions, including taxes, financial distress costs, asymmetric information, and agency conflicts, affect firms' financing decisions, and how these financing decisions interact with investment decisions. The course content is designed to balance theory, computation, and application through a combination of lectures, case discussions, and practice problems. Students may not earn credit in both FIN 5341 and FIN 6341.