PMBA 6311 Managerial Finance

In managerial finance, students will be introduced to tools used to measure and evaluate the financial health of a firm for the purpose of improved managerial decision-making. Financial statements are used to conduct ratio analysis, to perform sustainable growth analysis, and to construct percent-of-sales forecasts and cash flow proformas. Students will also explore the merits of using debt versus equity to take advantage of market opportunities. Students will expand upon their knowledge of the time value of money and risk analysis to value investment opportunities in stocks, bonds, and capital budgeting projects including mergers and acquisitions. In depth coverage will be given to valuation tools including discounted cash flow analysis, the weighted average cost of capital, leveraged beta, and market multiples. The assumptions underlying base case analyses will be evaluated using logic, sensitivity analysis, and scenario analysis. Finally, the role of effective corporate governance and ethical decision-making will be covered.

Credits

3