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Class Meeting Days |
Topics
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Projects
and other Deadlines
MFL refers to MyFinanceLab Assignment; MFL assignments due at 6pm on assigned date |
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Class 1
January 28 |
Financial Markets and Institutions (Slides)
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The text for Financial Markets and Institutions is available on Blackboard.
The assignment for that chapter, which can be found on the Assignments Page is due at the beginning of next class.
Blackboard Discussion Group on The Chinese Financial System -- discussion opens.
Make sure you have read each chapter before you come to class and also tried your hand at the questions on the chapter. The more you have read, the better you will be able to participate in class. |
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Class 2
February 4 |
The Corporation (Chap 1) /Corporate Governance (Chap 29)
(Slides) |
Chinese Financial System Blackboard Discussion Group -- last date for initial posting.
Text for Corporate Governance (Chapter 29) available on Blackboard.
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Class 3
Feb 11 |
Introduction to Financial Statement Analysis (Chap 2)(Slides)
Slides on Dupont Analysis |
MFL Due (Chap1)
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Class 4
Feb 18 |
Arbitrage and Financial Decision Making (Chap 3) (Slides)
The Time Value of Money (Chap 4) (Slides) |
MFL Due (Chap 2)
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Class 5
Feb 25 |
Practice Problems
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MFL Due (Chap 3) |
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Class 6
March 4 |
Interest Rates (Chap 5) (Slides)
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MFL Due (Chap 4)
Chinese Financial System Blackboard Discussion Group -- Discussion closes |
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Class 7
March 11 |
Midterm (Midterm Practice Exam)
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MFL Due (Chap 5) |
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Class 8
March 25 |
Valuing Bonds (Chap 6) (Slides)
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Class 9
April 1 |
Investment Decision Rules (Chap 7) (Slides)
Fundamentals of Capital Budgeting (Chap 8) (Slides) |
MFL Due (Chap 6)
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Class 10
April 8 |
Valuing Stocks (Chap 9)
(Slides)
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MFL Due (Chap 7), due date extended to April 29
MFL Due (Chap 8), due date extended to April 29
Market Bubbles Blackboard Discussion Group -- discussion opens
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Class 11
April 22 |
Capital Markets and the Pricing of Risk (Chap 10) (Slides)
Passover, we will not meet in class. I will post a video lecture and I will have some additional material to go over and an online quiz to take to ensure that you have learnt the material. You can email me with any questions.
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MFL Due (Chap 9), due date extended to April 29
Market Bubbles Blackboard Discussion Group -- last date for initial posting: April 25.
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Class 12
April 29 |
Chap 14: Capital Structure in a Perfect Market (Slides)
Chap 15:
Debt and Taxes and Chap 16: Financial Distress, Managerial Incentives, and Information (Slides) |
Beta Assignment due
MFL Due (Chap 10)
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Class 13
May 6 |
Talk by Dr. Prabhakar, Founder and CEO, Society for Rural Improvement
Review of post-midterm material
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Stock Market Bubbles Blackboard Discussion Group -- discussion closes
Optional case: Excelrite Integrated Systems, Inc. (form groups and submit written case by May 6)
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Class 14
May 13 |
Final Exam |
Check
FAQs for final exam detail |
Class Meeting Days
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Topics
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Class 1
January 28 |
Financial Markets and Institutions (Slides)
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Everything You Need to Know about Finance in about an Hour (with William Ackman (Famous Hedge Fund Manager) (about 43 minutes). Excellent video of introducing basic finance concepts through the idea of starting a lemonade stand. Great video for FIN 260 students. http://www.youtube.com/watch?v=WEDIj9JBTC8 |
Class 2
February 4 |
The Corporation (Chap 1) /Corporate Governance (Chap 29)
(Slides) |
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Class 3
Feb 11 |
Introduction to Financial Statement Analysis (Chap 2)(Slides)
Slides on Dupont Analysis |
Balance Sheet and Income Statement, Khan Academy, Good treatment of basic balance sheet and income statement info. (4 minutes) https://www.khanacademy.org/science/core-finance/accounting-and-financial-stateme/financial-statements-tutorial/v/balance-sheet-and-income-statement-relationship
Statement of Cash Flows, Khan Academy, Good treatment of statement of cash flows (4 minutes) https://www.khanacademy.org/science/core-finance/accounting-and-financial-stateme/financial-statements-tutorial/v/basic-cash-flow-statement |
Class 4
Feb 18 |
Arbitrage and Financial Decision Making (Chap 3) (Slides) |
Basics of Interest Rates (Introduction to Compound Interest). Nice basic treatment of interest rates (4 minutes). https://www.khanacademy.org/science/core-finance/interest-tutorial/compound-interest-tutorial/v/introduction-to-compound-interest
Annual Percentage Rate and Effective Interest Rates. Nice treatment of APR and Effective Rates (5 minutes) https://www.khanacademy.org/science/core-finance/interest-tutorial/credit-card-interest/v/annual-percentage-rate--apr--and-effective-apr
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Class 5
Feb 25 |
The Time Value of Money (Chap 4) (Slides)
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Time Value of Money and Discounted Cash Flow, Great video on all aspects of time value of money including discounted cash flow. (8 minutes) https://www.khanacademy.org/science/core-finance/interest-tutorial/present-value/v/time-value-of-money |
Class 6
March 4 |
Interest Rates (Chap 5) (Slides)
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Class 7
March 11 |
Midterm (Midterm Practice Exam)
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Class 8
March 25 |
Valuing Bonds (Chap 6) (Slides)
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Corporate Debt versus Traditional Mortgages. Good introduction to types of debt. (5 minutes). https://www.khanacademy.org/science/core-finance/stock-and-bonds/bonds-tutorial/v/corporate-debt-versus-traditional-mortgages
Introduction to Bonds. Provides nice introduction to what are bonds. (9 minutes) https://www.khanacademy.org/science/core-finance/stock-and-bonds/bonds-tutorial/v/introduction-to-bonds
Relationship between Bond Prices and Yields. Good explanation of the relationship between prices and yield. (13 minutes) https://www.khanacademy.org/science/core-finance/stock-and-bonds/bonds-tutorial/v/relationship-between-bond-prices-and-interest-rates
Introduction to Treasury Yield Curves. Explains Yield Curves well. About 10 minutes. https://www.khanacademy.org/science/core-finance/stock-and-bonds/bonds-tutorial/v/introduction-to-the-yield-curve
Yield Curves for Corporate Bonds. Explains how corporate yield curves differ from government ones. (4 minutes). https://www.khanacademy.org/science/core-finance/stock-and-bonds/bonds-tutorial/v/the-yield-curve |
Class 9
April 1 |
Investment Decision Rules (Chap 7) (Slides)
Fundamentals of Capital Budgeting (Chap 8) (Slides) |
Problems with the Rule that Firms Should Maximize Shareholder Wealth, John Reed Interview (former CEO of Citicorp). Features John Reed talking about how the culture on Wall Street has changed so much over the years. Particularly talks about how the focus has moved from serving customers to maximizing the share price of the company. billmoyers.com/segment/john-reed-on-big-banks-power-and-influence/ (20 minutes) |
Class 10
April 8 |
Valuing Stocks (Chap 9)
(Slides)
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What it means to own a stock? Nice video from Khan Academy showing the details of owning stock (voting rights, dividends, etc.). Good for introduction students. About 14 minutes. https://www.khanacademy.org/science/core-finance/stock-and-bonds/stocks-intro-tutorial/v/what-it-means-to-buy-a-company-s-stock
What is the Capital Asset Pricing Model? (Interview of William Sharpe). Short, simple video of Sharpe talking about what is the CAPM model (2 minutes). http://www.youtube.com/watch?v=hk13eB1Eix8
There are no shortcuts to investing (Long Interview with William Sharpe). Long interview of Bill Sharpe where he discusses CAPM, Index Investing and many other interesting topics. One hour and 35 minutes. http://www.youtube.com/watch?v=pGIzygsvqck |
Class 11
April 22 |
Capital Markets and the Pricing of Risk (Chap 10) (Slides)
Passover, we will not meet in class. I will post a video lecture and I will have some additional material to go over and an online quiz to take to ensure that you have learnt the material. You can email me with any questions.
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Alternative View of Mark Cuban: Diversification is for Idiots. Mark Cuban talks about the downsides of diversification. Good to use alongside the Sharpe videos. 21 minutes. http://www.youtube.com/watch?v=u5Pp1HEKSPM
A Simple Explanation of CAPM. Simple explanation of CAPM that anyone should be able to understand. 10 minutes long. http://www.youtube.com/watch?v=LWsEJYPSw0k
How to Calculate Beta. Well done, if boring, video on how to calculate the beta of a stock (5 minutes). http://www.youtube.com/watch?v=IXb8xoHbBew |
Class 12
April 29 |
Chap 14: Capital Structure in a Perfect Market (Slides)
Chap 15:
Debt and Taxes and Chap 16: Financial Distress, Managerial Incentives, and Information (Slides) |
Weighted Average Cost of Capital http://www.youtube.com/watch?v=JKJglPkAJ5o (about 10 minutes) Provides nice introduction to WACC and how it is calculated.
Capital Structure Part I http://www.youtube.com/watch?v=lqHuYKGByIQ (about 10 minutes) (Nice Simple Introduction to Capital Structure and MM theory. Also see part II)
Capital Structure Part II http://www.youtube.com/watch?v=6vtuNgGxbso (about 6 minutes) |
Class 13
May 6 |
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Class 14
May 13 |
Final Exam |
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