Dr. P.V. Viswanath

 

pviswanath@pace.edu

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  Courses / FIN 647/  
   
 
 
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FIN 647: Advanced Topics in Financial Management
Course Outline and TimeTable

 
 

Fall 2007

 
 

Class Meeting Week and Days

Topics

Projects and other Deadlines

Meeting 1
Sept. 5/10

Chap. 2: Firm Objectives (Slides)

UN Global Compact: Third World Way, July 20, 2007, The Economist (under Firm Objectives)
Making Sense of the Risks Posed by Governance Issues, May 26, 2007, The Economist, p. B3 (under Firm Objectives)

Meeting 2
Sept. 12/17

Chap. 4: Understanding Financial Statements (Slides)


Meeting 3
Sept. 19/24

Chap. 5: Value and Price: An Introduction (Slides)

Equity Valuation

Meeting 4
Sept. 26/Oct. 1

Chapter 3; Chap. 6: Equity Risk and Expected Return (Slides)

How Much to Invest Overseas? Wall Street Journal, July 21, 2007; Page B2 (In the Risk and Return section)

Meeting 5
Oct. 3/8

Chapter 6: Equity Risk and Expected Return (Slides; Excel file on diversification);Chapter 7: Estimating Hurdle Rates for Firms (Using the CAPM; Slides)

The Hedge Fund Clones: Wall Street Concocts Products With Fewer Barriers, but Will Returns Match? Wall Street Journal, July 21, 2007; Page B1 (In the Risk and Return section)

Meeting 6
Oct. 10/15

Chapter 7: Estimating Hurdle Rates for Firms (Using the CAPM; Slides) (Excel file on Beta Computation)

Project on Capital Governance due by email by midnight

Meeting 7
Oct. 17/22

Review
On 10/22, the Tanzanian Ambassador will speak about Microfinance and FDI in Tanzania in Lecture Hall North (LHN) from 6:00 to 7:30. Please come directly to LHN. After the talk, we will resume in our usual classroom.

Meeting 8
Oct. 24/29

Midterm

Exam based on Chapters 2-7

Meeting 9
Oct. 31/Nov. 5

Chapter 16: An Overview of Financing Choices
Chapter 17: The section on Financing Choices and a Firm's Life Cycle (Slides)

Latest Trend in Big Buyouts: Blend of Public, Private Traits, Wall Street Journal, May 22, 2007; Page C1
What's so great about private equity? WSJ article, Nov. 27, 2006

Meeting 10
Nov. 7/12

Chapter 18:  The Financing Mix: Tradeoffs and Theory (slides)  

Venture Loan Gives Software Firm Needed Funding with Fewer Strings, July 30, 2007, Wall Street Journal (Under Capital Structure)
The Cash-Back Mortgage, June 10, 2007, New York Times (Under Capital Structure)

Meeting 11
Nov. 14/19

Chapter 18:  The Financing Mix: Tradeoffs and Theory (slides)

"Qantas to Create Freight Company, Review Options," WSJ, May 25, 2007.

Meeting 12
Nov. 28/26
Chapter 19: Cost of Capital Approach (Slides) Capital Structure Assignment due by email before midnight

Meeting 13
Dec. 5/Dec. 3

Chapter 21: Dividend Policy (slides on Dividend Theory; slides on Dividend Practice)  
Meeting 14
Dec. 12/10
Final Exam Exam (Chapters 16, 17, 18 and 21) based on Capital Structure and Dividend Policy.

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