Assignment Due Days |
Topics |
Projects, Deadlines, Resources |
Module start
Jan 21 |
Module 1: Introduction to the Financial System -- Real and Financial
(Slides on the Financial System) |
Start forming your teams; talk to your classmates. Consult Course Requirements in Syllabus for how to form your team.
Discussion on Module 1 begins |
Jan 27 |
|
Quiz 1: What’s a financial system
Quiz 3: Functions of the financial system
Discussion on Module 1 ends |
Module
Jan 28 |
Module 2: Real and Financial Decisions
(Slides on Operating and Financial Decisions) |
Discussion on Module 2 begins |
Feb 3 |
|
Financial and Operating Decisions Assignment due
Deadline to form your teams
Discussion on Module 2 ends |
Module
February 4 |
Module 3: 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) |
Discussion on Module 3 begins |
Feb 10 |
|
Quiz 4: Porter Analysis
Porter Analysis of Apple Inc. Assignment due
Discussion on Module 3 ends |
Module 4
Feb 11 |
Module 4: Capital Structure Overview (Slides) |
Discussion on Module 4 begins |
Feb 18 |
|
Discussion on Module 4 ends |
Module 5
Feb 19 |
Module 5: Capital Structure and Stockholder Incentives (Slides) Part 1 (Leverage and Excessive Risk-Taking; Credit Rationing) |
Discussion on Module 5: Part 1 begins |
Feb 23 |
|
Credit Rationing Assignment Due |
Feb 24 |
|
Quiz 8: Capital Structure -- Modigliani-Miller
Discussion on Module 5: Part 1 ends |
Module 5 (contd)
February 25 |
Module 5: Capital Structure and Stockholder Incentives (Slides) Part 2 (Leverage and Underinvestment; Leverage and Myopia) |
Chapter 16, "Bankruptcy Costs and Debtholder-Equityholder Conflicts" in Grinblatt and Titman (2001)
Discussion on Module 5: Part 2 begins |
March 1 |
|
Myopic Investment Incentives Assignment Due |
March 2 |
|
Quiz 10: Debt and Perverse Incentives
Discussion on Module 5: Part 2 ends |
Module 6
March 3 |
Module 6: Capital Structure, Game Theory and Competition (Slides) Part 1 (Introduction to Game Theory, Typology, Equilibria) |
Discussion on Module 6: Part 1 begins |
March 8 |
|
Assignment on Game Identification Due |
March 9 |
|
Quiz 11: Capital Structure, Game Theory and Competition
Discussion on Module 6: Part 1 ends |
March 10 |
Module 6 (cont'd): Capital Structure, Game Theory and Competition (Slides) Part 2 (Informational Games) |
Discussion on Module 6: Part 2 begins |
March 15 |
|
Assignment on Information Effects of Security Issuance Due |
March 15 |
|
Quiz 12: Capital Structure and Competitive Strategy
Discussion on Module 6: Part 2 ends |
March 16-March 22 |
Semester Break |
|
Module 7
March 24 |
Module 7: Capital Structure and Competitive Strategy(Slides) |
Discussion on Module 7 begins |
March 30 |
|
Discussion on Module 7 ends |
Module 8
March 31 |
Module 8: Capital Structure and Operating Strategy (Slides) |
Discussion on Module 8 begins |
April 6 |
|
Quiz 13: Capital Structure and Operating Strategy
Discussion on Module 8 ends |
Module 9
April 7 |
Module 9: Risk Management -- Introduction and Tools (Slides)
|
Regression; Hedging Techniques – Options, Futures, Forwards;
Bodie, Merton and Cleeton, Chaps. 10 and 11
Discussion on Module 9 begins |
April 13 |
|
Quiz 14: Risk Management Tools
Discussion on Module 9 ends |
Module 10
April 14 |
Module 10: Risk Management and Strategy (Slides) Part 1 |
Discussion on Module 10 begins |
April 20 |
|
Discussion on Module 10 ends |
April 21 |
|
Quiz 15: Risk Management and Operating Decisions |
April 28 |
|
Risk Management at Apache, HBS case 201113; write-up due by midnight. |
May 3-5 |
Review |
|
May 6-7 |
BrightSpace Test (based on Modules 5-10) |
|
May 7 |
Take-home Final |
|
