Description
FINANCIAL MANAGEMENT 2
This course builds on financial management i and develops an asset pricing framework used in corporate finance based on the trade-off between risk and return. We use modern portfolio theory to determine a suitable asset pricing model and arrive at determining the relevant discount rate to reflect the risk associated with the cash flow we focused on in financial management i. Finally, we will address how financing and capital structure choices affect project and firm value using the above techniques and methods. The course will conclude with three valuation methods: WACC, APV, and FTE and an extensive case discussion. Financial management i & ii are prerequisite courses for any other finance elective in the curriculum.
Details
Grading Basis
Grad LG/SNC Basis
Units
1.5
Component
Lecture - Required
Offering
Course
BFIN 2410
Academic Group
Katz Grad School of Business
Academic Organization
KGSB - Business Admin
Campus
Pittsburgh Campus
Enrollment Requirements
PREQ: BFIN 2409; PROG: Joseph M. Katz Grad Sch Bus
Typically Offered
Fall, Spring, Summer