1 - 10 of 12 results for: FINANCE ; Currently searching winter courses. You can expand your search to include all quarters

As executives, entrepreneurs, global leaders, and change agents tasked with developing transformative solutions of tomorrow, you will need certain skills and tools to interact with and navigate the complex and ever-changing financial landscape. This course focuses on the development of these skills and tools through the analysis of concise real-world financial situations around the globe. Topics include valuation of cash flows and control; the capital structure, payout policy and governance of both mature and entrepreneurial firms; restructuring and managing financial distress; the use of public markets to obtain liquidity and multiple share classes to retain control; financing and governance in venture capital and private equity; the rise of activism; and social responsibility and debates about the objectives of the firms of the present and future.

This course will develop and apply the basic tools and models of corporate finance to real-world corporate decisions. This course is designed to be the second course in the standard finance sequence; that is, it is designed to be the natural follow-up to the Fall Finance course. This course will develop and extend standard tools and techniques of financial analysis, valuation, and model-building, and apply these methods to a wide range of cases. Case topics will include mergers and acquisitions, private equity, corporate governance, capital structure, agency conflicts, and corporate restructuring. For all of these applications, this course will emphasize the central importance of financial analysis, valuation, and modeling to guiding optimal decision making.

This course is intended for those who plan careers that may involve debt financing for their businesses or other investments, or involve trading or investing in debt instruments and their derivatives, including money-market instruments, government bonds, repurchase agreements, interest-rate swaps, corporate bonds, structured credit products, and credit derivatives. We will emphasize the business rationales and institutional features of these markets, including structuring, issuing (corporate borrowing), trading, pricing, and hedging. The course includes a focus on distressed debt and restructuring. Most lectures will start with a cold-called student presentation of an un-graded short homework calculation. There will also be a series of graded homework, a take-home mid-term, and about 12 graded 'pop quizzes' of 5 minutes or less.

Most GSB students will encounter distressed situations at various points during their careers, in their capacity as executives, business owners, investors, advisors, lenders, customers, suppliers, or competitors. Knowing how to handle these situations is a critical skill in business. Financial restructuring is the process by which distressed companies, and their key stakeholders, use in-court and out-of-court tools and methods to renegotiate their key contracts for the purpose of rehabilitation. In contrast with operational restructuring, financial restructuring focuses on resolving problems on the 'right-hand side' of a company's balance sheet - its debt and non-debt liabilities. This course provides an intensive overview of financial restructuring techniques and processes from the perspectives of distressed firms and their key stakeholders. It is intended for those who plan careers in general management, private equity and venture capital, entrepreneurship, credit and special situations investing, commercial and investment banking, turnaround management, or financial advisory services. While it is primarily a finance course, it incorporates interdisciplinary elements including negotiations, game theory, strategy, and business law. Enrolling students should be reasonably comfortable with financial analysis, valuation techniques, and basic financial modeling.

This course is an introductory PhD level course in financial economics. We begin with individual choice under uncertainty, then move on to equilibrium models, the stochastic discount factor methodology, and no-arbitrage pricing. We will also address some empirical puzzles relating to asset markets, and explore the models that have been developed to try to explain them.

This is a PhD-level course on advanced topics in corporate finance, mainly covering theoretical issues with empirical implications. With technical tools in continuous-time models, we will examine issues in dynamic optimal contracting and capital structure, capital market frictions and implications on corporate finance, financing and investment with macroeconomic implications, and recent development in banking and financial crisis. A requirement for this course is that students complete one project (either theoretical or empirical).

This course provides an introduction to empirical research in corporate finance, with an emphasis on the application of cross-sectional and panel data econometric techniques for causal inference. Topics include investment policy, entrepreneurship and innovation, financing decisions, firm ownership, corporate governance, managerial incentives, financial contracting, and the structure and internal organization of firms. The course assumes knowledge of econometrics at the level of MGTECON 603.

This course is offered for students requiring specialized training in an area not covered by existing courses. To register, a student must obtain permission from the faculty member who is willing to supervise the reading.