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Corporate Finance: Course outline (FIN-322)

Course description

The first question that arises in student's mind is why a person should take the Corporate Finance course. There are many benefits of joining the Corporate Finance course. The main aim of this course is to improve the financial decision making in any corporation. If the financial decision taken is not correct, the repercussions may be quite severe and in many cases, due to the wrong financial decisions, the corporations have even shut down. Thus, correct financial decision is very much important and for taking right financial decision, it is very much required that a person is well apprised of all the aspects of corporate finance and this course enables participants to do that.

There are many aspects of Corporate Finance course that need to be understood properly so that the very purpose of a person who wishes to join this course is fulfilled. First of all, there are many basic issues related to the Corporate Finance course. These issues are the capital budgeting, capital structure, corporate investment, sources of corporate funding, corporate contingent claims, dividend policy, financial risk management etc. Thus, it can be said that all the financial aspects of a corporation are covered in this course. All these aspects enable a person to apply these fundamentals of finance in a right way in the corporation so that the goal of the corporation is easily achieved.

Course content

  • Financial planning models
  • External financing and growth
  • Internal growth and sustainable growth
  • Projected Cash Flows
  • Investment Cash Flows
  • Pro Forma financial Statements
  • Estimating NPV Estimates                                                      
  • Scenario and other what-if analysis
  • Operating leverage
  • Capital rationing
  • Accounting vs Financial Break-Even                                    
  • Early stage financing & venture capital, Underwriters
  • IPO’s and Under pricing
  • Costs of issuing securities
  • Rights, Dilution
  • Issuing Long Term Debt
  • Securitization (bundling-unbundling)
  • Mutual funds management
  • Capital structure & Cost of Capital

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Course content

  • The effect of financial leverage
  • Optimal capital structure                                                          
  • Cash dividend and dividend payment
  • Low payout and high payout factors
  • Establishing a dividend policy
  • Stock repurchase, Stock splits
  • Operating and Cash Cycle
  • Alternative Financing Policies for current assets
  • Short Term Borrowing
  • Cash and Liquidity Management
  • Float Management
  • Cash Collection and Disbursements
  • Target Cash Balance
  • Credit and Inventory
  • Credit and Receivables 
  • Factorization                                                    
  • What is Lease, Why Lease?
  • Financial & Operating Lease
  • Valuing Financial Lease
  • Leasing Versus Purchasing Decision

Related book

Recommended Books

Reference books