Date

Topic/Text chapters

Case

Assignments/Readings

Sep. 18

Review of Financial Management

(BMA 1-8, 28/RWJ 1-6, 8-9, 10-11)

Sep. 25

Cost of capital (BMA 9/RWJ 13)

Cost of capital

*Best practices in estimating the cost of capital: An update

Oct. 2

No class

Oct. 9

No class

Oct. 16

EVA (BMA 28)

Valuation/DCF method

*The real key to creating wealth

Oct. 23

EVA

Valmont

Evidence on EVA

Oct. 30

Payout Policy (BMA 16/RWJ 19)

Excess cash and shareholder payout strategies

Nov. 6

Payout Policy (BMA 16/RWJ 19)

Rockboro

*Reappearing dividends

Nov. 13

Capital structure (BMA 18/RWJ 16)

Agency costs of free cash flow, corporate finance, and takeovers

Nov. 20

Capital structure (BMA 18/RWJ 16)

Deluxe

*How to choose a capital structure

Nov. 27

M & A (BMA 31/RWJ 29)

Creating value with mergers and acquisitions

Dec. 4

M & A (BMA 31/RWJ 29)

Sanofi

Dec. 11

Corporate governance

Satyam

Dec. 18

IPO

Evidence on what CFOs think about the IPO process

Dec. 25

IPO

Assessing growth estimates in IPO valuations

Jan. 8

Final Exam

TBA