MBA 648: Managerial Finance
Course Outline and TimeTable - Spring 2011

Class Meeting Days

Topics

Projects and other Deadlines
MFL refers to MyFinanceLab Assignment

Class 1
January 27

Financial Markets and Institutions (Slides)

The text for Financial Markets and Institutions is available on the Library Website. Go to http://www.pace.edu/pace/library/find-resources/course-reserves/, select Viswanath and then use the Course Page Password (which can be found under Course Documents on Blackboard).
The assignment for that chapter, which can be found on the Assignments Page is due at the beginning of next class (individual assignment).
Required Cyber Cafe Blackboard Discussion Group (go to Blackboard and click on Discussion Board); you must post by February 3.
Form teams of between 4 and 5 students. Send me an email with the names of your team members, as well as the name of your team coordinator.
Blackboard Discussion Group on The Chinese Financial System (individual posts). You must post by next Tuesday midnight (Feb. 2)

Class 2
February 3

The Corporation (Chap 1) /Corporate Governance (Chap 29)
(Slides)

Text for Corporate Governance available on the Library Website. Go to http://www.pace.edu/pace/library/find-resources/course-reserves/, select Viswanath and then use the Course Page Password (which can be found under Course Documents on Blackboard).
Cyber Cafe Blackboard Discussion -- last date for initial posting.

Class 3
February 10

Introduction to Financial Statement Analysis (Chap 2)(Slides)

MFL Due (Chap1)

Class 4
February 17

Arbitrage and Financial Decision Making  (Chap 3) (Slides)
The Time Value of Money (Chap 4) (Slides)

MFL Due (Chap 2)
Read Media article "High Frequency Arbitrage" or "Stock Trading in Private Companies Draws S.E.C. Scrutiny" (look in Securities Trading section).
Required Blackboard Discussion. If your last name begins with the letters A through I, you have been assigned to participate in the discussion on High Frequency Arbitrage; if your last name begins with the letters J through Z, you will participate in the discussion on Stock Trading in Private Companies Draws SEC scrutiny.

Class 5
February 24

Practice Problems

MFL Due (Chap 3)

Class 6
March 3

Interest Rates (Chap 5) (Slides)

MFL Due (Chap 4)

Class 7
March 10

Midterm (Midterm Practice Exam)

MFL Due (Chap 5)
"High Frequency Arbitrage" Blackboard Discussion Group - Discussion closes
"Stock Trading in Private Companies Draws S.E.C. Scrutiny" Blackboard Discussion Group - Discussion closes

Class 8
March 24

Valuing Bonds (Chap 8) (Slides)

Class 9
March 31

Investment Decision Rules (Chap 6) (Slides)
Fundamentals of Capital Budgeting (Chap 7) (Slides)

MFL Due (Chap 8)

Class 10
April 7

Valuing Stocks (Chap 9) (Slides)

MFL Due (Chap 6)
MFL Due (Chap 7)

Class 11
April 14

Capital Markets and the Pricing of Risk (Chap 10) (Slides)

MFL Due (Chap 9)

Read Media article "Investors Bet on Catastrophe Bonds, NY Times, January 6, 2011" or "Taking Stock: Financial economists wonder what is left of their favourite models" (look in Risk and Return section).
Required Blackboard Discussion. If your last name begins with the letters A through I, you have been assigned to participate in the discussion on Investors Bet on Catastrophe Bonds; if your last name begins with the letters J through Z, you will participate in the discussion on Taking Stock.

Review
Chap 14: Capital Structure in a Perfect Market (Slides)