Module Start/Assignment Due Days |
Topics |
Projects, Deadlines, Resources |
Module 1 start
March 20 |
Module 1: Introduction to the Financial System -- Real and Financial
(Slides on the Financial System)
(Slides on Operating and Financial Decisions) |
Start forming your teams; talk to your classmates. Consult Course Requiments in Syllabus for how to form your team. |
| March 23 |
|
Quiz 1: What’s a financial system
Quiz 2: Financial Institutions
Quiz 3: Functions of the Financial System
Financial and Operating Decisions Assignment due
Dealine to form your teams |
Module 2
March 23 |
Module 2: 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) |
|
| March 26 |
|
Quiz 4: Porter Analysis
Porter Analysis of Apple Inc. Assignment due |
Module 3
March 27 |
Module 3: Introduction to Financial Statements (Slides) |
|
| March 29 |
|
Quiz 5: Financial Statements and Fundamental Analysis |
Module 4
March 30 |
Module 4: Introduction to Dupont Analysis (Slides)
How Marketing Strategy can be improved/monitored through Dupont Analysis |
|
| April 2 |
|
Quiz 6: Introduction to Dupont Analysis |
Module 5
April 3 |
Module 5: Implementation of Dupont Strategies (Slides) |
|
| April 4-April 5 |
Individual Test 1 |
|
| April 5 |
Team Test 1 |
Quiz 7: Dupont Strategies
Dupont Analysis Assignment due |
Module 6
April 10 |
Module 6: Introduction to Capital Structure (Slides), Capital Structure Part II: Debt and Incentives (Slides) |
|
April 12 |
|
Quiz 8: Capital Structure -- Modigliani-Miller
Quiz 9: Capital Structure -- Taxes, Incentives and Financial Distress
Trade Credit Assignment due |
Module 7
April 13 |
Module 7: Capital Structure and Stockholder Incentives (Slides) |
Chapter 16, "Bankruptcy Costs and Debtholder-Equityholder Conflicts" in Grinblatt and Titman (2001) |
| April 16 |
|
Quiz 10: Debt and Perverse Incentives
Myopic Investment Incentives Assignment Due |
Module 8
April 17 |
Module 8: Capital Structure, Game Theory and Competition (Slides) |
|
| April 19 |
|
Quiz 11: Capital Structure, Game Theory and Competition
Assignment on Game Identification Due |
Module 9
April 20 |
Module 9: Capital Structure and Competitive Strategy(Slides) |
|
| April 23 |
|
Quiz 12: Capital Structure and Competitive Strategy
Assignment on Information Effects of Security Issuance Due |
Module 10
April 24 |
Module 10: Capital Structure and Operating Strategy (Slides) |
|
| April 26 |
|
Quiz 13: Capital Structure and Operating Strategy |
Module 11
April 27 |
Module 11: Risk Management -- Introduction and Tools (Slides)
|
Regression; Hedging Techniques – Options, Futures, Forwards;
Bodie, Merton and Cleeton, Chaps. 10 and 11 |
| April 30 |
|
Quiz 14: Risk Management Tools |
Module 12
May 1 |
Module 12: Risk Management and Strategy (Slides) |
|
| May 3 |
|
Quiz 15: Risk Management and Operating Decisions |
| May 4-May 5 |
Individual Test 2 |
|
May 5
|
Team Test 2 |
Risk Management at Apache, HBS case 201113; write-up due by midnight. |
