Please note that we strive to keep our electives as up-to-date as possible, but the exact courses on offer may vary slightly.
Traditional and advanced performance and valuation techniques are examined in specific relationship to valuation issues such as behavioral finance, competitive advantage analysis, business strategy, and execution. This finance course tackles guiding insights for fundamental valuation through macro theme identification, idea generation, bottoms-up analysis, and asset allocation strategies. This course focuses on the link between strategy and valuation – converting qualitative understanding of company initiatives into quantitative forecasts and ultimate impact on valuation – and the reverse. For this reason, it covers fundamental and quantitative techniques which have been dubbed ‘Quantamental’, linking planning to actions to results to forecasts. Participants in this course will leave with a more comprehensive understanding of the capital markets, of what drives valuations, and of what matters most in strategic decision-making.
Financial statements are essential documents, filed by every public company doing business. They represent management’s view of the value and health of their company. But just how accurate are these reports? Is management’s view trustworthy or biased, neutral or overly optimistic? This class will introduce a framework that helps to fully analyze any company’s financial statements and reveal its true condition and value. An important part of the course will be discussion of corporate social responsibility and its effects on sustainable profitability. Throughout the semester, we will make extensive use of the valuation software that accompanies the textbook, so that students can gain hands-on experience with valuation.
How to create corporate value by restructuring a company or by undergoing a business combination? This finance course focuses on the design, analysis, and implementation of financial strategies aimed at repositioning and revitalizing companies faced with major competitive or environmental challenges, problems, and opportunities. Discussions will focus on debt restructuring, leveraged buyouts and recapitalizations, corporate downsizing programs, mergers and acquisitions, corporate spin-offs, divestitures, and tracking stock. We will also examine the players in the M&A arena and explore major deals that have impacted Wall Street. Emphasis will be given to the contemporary expectations and requirements of good governance, based on the roles corporations play in society, and the timing and principles of merger integration.
Give yourself the competitive edge with these globally relevant finance electives.