Dr. P.V. Viswanath



Economics/Finance on the Web
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FIN 647: Advanced Topics in Financial Management
Course Outline and TimeTable


Summer 2009


Class Meeting Days

Regular Chapters refer to Berk and DeMarzo; DamChapters refer to Damodaran (see Blackboard)

Projects and other Deadlines
Problem Assignments as given on Assignments Page -- not to be handed in

MyFinanceLab Assignment (MFL) due dates

Meeting 1
June 1

Chap. 1, 29, DamChap. 2: Firm Objectives (Slides)


Meeting 2
June 3

Chap. 2 (Slides)
Chap. 3, 4: Arbitrage and Financial Decision Making (Slides)

I will go quickly over Chap. 2 -- read the chapter and the slides by yourselves.
Blackboard Discussion Group: post comments on article "Target Holders Back Management Slate," which can be accessed by going to the MBA 632 Class Page. Discussion closes June 10

Meeting 3
June 8

Chap. 3, 4 : Arbitrage and Financial Decision Making (Slides)
Chapter 10: Capital Markets and the Pricing of Risk (Slides)

MFL Due (Chap 2)
Blackboard Discussion Group: post comments on article " Why Home Prices May Keep Falling, Robert J Shiller, June 7, 2009, New York Times" in the Valuation section of Media Articles. Discussion closes June 15. You may also want to read the excellent pieces in another article in the same section -- My Market Theory? Forget Theories, George Soros, Letters to the Editor, January 8, 2001, WSJ

Meeting 4
June 10

Chapters 10 : Capital Markets and the Pricing of Risk (Slides)

MFL Due (Chap 4)

Meeting 5
June 15

Chapters 13: Alternative Models for Pricing Risk (Slides)

MFL Due (Chap 10)

Meeting 6
June 17

Midterm Exam

MFL Due (Chap 13)
Exam based on all material upto 13

Meeting 7
June 22

Chapters 14: Capital Structure in a Perfect Market (Slides)

MFL Due (Chap 14, 15)

Meeting 8
June 24

Chapter 15: Debt and Taxes (Slides)

MFL Due (Chap 16)

Meeting 9
June 29

Chapter 16: Financial Distress, Managerial Incentives and Information (Slides)

MFL Due (Chap 17)

Meeting 10
July 1

Chapter 17: Payout Policy (Slides)

MFL Due (Chap 18)
Blackboard: Rules for Raising Capital, BusinessWeek, January 22, 2007

Meeting 11
July 6

Chapter 18: Capital Budgeting and Valuation with Leverage (Slides)

Blackboard Discussion Group: post comments on article, "In India, Investors 'Buy Anything' -- Companies Line Up to Sell Shares, and Do So Easily, as the Stock Market Soars" from the WSJ, June 11, 2009; discussion ends July 4

Meeting 12
July 8
Final Exam Read Chapter 23: The Mechanics of Raising Equity Capital and Chapter 24: Debt Financing on your own. Relate the material to materials in previous chapters, e.g. Chap. 16

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