Dr. P.V. Viswanath



Economics/Finance on the Web
Student Interest

  Courses / MBA 673/ Course Outline and TimeTable  

MBA 673: Financial Strategy and Business Decisions
Course Outline and TimeTable - Fall 2019


Class Meeting Days


Projects, Deadlines, Resources

Week 1
September 10

Porter Analysis, Corporate Strategy and Valuation
The interdependence of marketing/ management/ production decisions from the point of view of a project/firm value maximizing manager  (Slides)

Form your groups
Video on Porter Analysis and Resource-Based View

Week 2
September 17

Introduction to Dupont Analysis (Slides)
How Marketing Strategy can be improved/monitored through Dupont Analysis
Implementation of Dupont Strategies (Slides)

Porter Model Assignment due

Week 3
September 24

Capital Structure and Stockholder Incentives (Slides)

Chapter 16, "Bankruptcy Costs and Debtholder-Equityholder Conflicts" in Grinblatt and Titman (2001)
Group Assignment on Dupont Analysis of Firms Due
Ideas for Term Project -- one page write up due

Week 4
October 1

No In-Class Meeting

Optional Assignment for Dupont Analysis due September 30

Week 5
October 8

Capital Structure and Stockholder Incentives (Slides)

Chapter 17, “Capital Structure and Corporate Strategy” in Grinblatt and Titman (2001)

Week 6
October 15

No in-class meeting;
Corporate Governance (Slides)
Listen to the podcast, "https://www.capitalisnt.com/show-notes/" "Stakeholders versus Shareholders" (Episode 47)

Now The 'Stakeholders' Want a Raise; Treating non-owners like owners could be expensive for shareholders” WSJ Aug 26, 2019
Groups meet with me
Capital Structure and Stockholder Incentives Assignment Due

Week 7
October 22

No in-class meeting

Groups meet with me
Corporate Governance Assignment Due

Week 8
October 29

Capital Structure and Competition (Slides)
Review for Test 1

Chapter 17, “Capital Structure and Corporate Strategy” in Grinblatt and Titman (2001)
Groups meet individually with me

Week 9
November 5

Capital Structure and Competitive Strategy(Slides)
Test 1 (take-home)

"Coca-Cola Hellenic: Workers Pay, Shareholders Profit From Crisis," Industrial Worker; Philadelphia 1 Nov 2009. (In Media Articles)
Test 1 due November 7

Week 10
November 12

Capital Structure and Operating Strategy (Slides)


Week 11
November 19

Group Presentation: Bove Group
Risk Management -- Introduction and Tools (Slides)

Regression; Hedging Techniques – Options, Futures, Forwards;
Bodie, Merton and Cleeton, Chaps. 10 and 11

Week 12
November 26

Hedging and Improved Planning for Future Capital Needs
Hedging and Improved Management Compensation Design (Slides)
Group Presentations: Goedvolk group

Chapter 21: Risk Management and Corporate Strategy in Grinblatt and Titman (2001)

Week 13
December 3

Risk Management and the Firm
Hedging and Reduction of Financial Distress Costs
Financial Flexibility and Operational Flexibility (Slides)
Group Presentation: Kedar Group

Chapter 16: Risk Management in Nonbank Corporations in Crouhy, Galai and Mark (2001)
“A Framework For Risk Management,” by Kenneth Froot, David Scharfstein and Jeremy Stein in HBR (1994)
Chapters 3 and 4: A Firm-Wide Approach to Risk Management in Rene Stulz, Risk Management and Derivatives
The importance of financial flexibility, Sept. 9, 2005
, Financial Times (accessible from Media Articles Page under Finance and Strategy.

Week 14
December 10

Risk Management: Case
Group Presentations: Zhenbang group
Test 2

Risk Management at Apache, HBS case 201113; write-up due by midnight by email.

Go to Prof. P.V. Viswanath's Home Page

Go to MBA 673 Home Page