BUSINESS BL652 / Intermediate Finance

1.5 unit(s)

Prerequisite(s): BUSINESS BL601

Antirequisite(s): BUSINESS F650

This course provides an in‐depth understanding of the way companies make financial decisions. The material builds on concepts of the time value of money, risk/return analysis and corporate finance first encountered in BL601, and makes extensive use of the accounting concepts, especially the organization of the balance sheet and income statement. However, BL652 is more detailed and practical, focusing on applications of theory and the complications encountered in real firms and markets. Course coverage centers on advanced corporate financial management, including: project analysis and risk management; firm valuation as stand-alone and for mergers; capital structure and financial distress; models and principles of corporate governance.