This case course is designed to utilize, reinforce and enhance the concepts in corporate finance you accumulated in 35200 using the case method and some lecture material. In this course, students will practice various valuation techniques, evaluate three acquisition cases, complete an LBO model and evaluate the governance aspects of an LBO, discuss optimal capital structure, review capital markets including public equity, convertibles, bank and debt markets, including analyzing an Initial Public Offering (“IPO) and learn about shareholder activism and finally, evaluate a company break-up case.
There are 9 cases, one due each week, completed in groups. Week 1 and 2 cases will be a review of the basics of valuation methods. Then, the course will progress to more advanced topics. Because this is a case course, the student’s active engagement, participation and attendance is critical to his/her own success in the course and is graded. The instructor employs “cold calling” during the interactive class time whether the class is held in person or on Zoom. There will be pre-recorded lectures that may be viewed at the student’s convenience to supplement the understanding of the course material each week. Short multiple choice quizzes will be required each week as a check-point for understanding. In all, the final course grade will be based on class participation, case write ups, weekly quizzes, and an in class final exam to be given during the regularly schedule exam period, no exceptions granted.