Tentative Outline for Finance 301
Fall 2005
Monday, August 29
First class
Welcome, Introduction
- Read Chapter 1 plus the Booklet from former students
Wednesday, August 31
Chapter 1 and nexus of contracts
September 2005
Friday, September 2
Friday Finance Topic: Finance in a Global World
- Finance in a Global World
Monday, September 5
Chapter 2 Financial Statements and Cash Flow analysis
- Accounting and Finance--similarities and Differences (chapter 2)
Wednesday, September 7
Financial Ratios
- Ratios-why?, how?, and the good and the bad
Friday, September 9
Friday Finance Topic: Using Excel
- A review of Spreadsheets and how they can make our lives MUCH easier! Emphasis on finance topics.
- Introduction to OpenOffice
Monday, September 12
Taxes and Accounting Review
- Taxes Accounting review
- Help with assignment
Wednesday, September 14
Introduction to Time Value of Money
- Chapter 3 Introduction to Time Value of Money
Friday, September 16
Friday Finance Topic: Finance and Accounting
- A look at trends in accounting and corporate governance with special emphasis on Adelphia
Monday, September 19
TVM plus assignment due
- First Excel assignment is due
- Chapter 3 Time Value of Money con't
Wednesday, September 21
Bonds
- Time Value of Money Continued: Bonds
Friday, September 23
Friday Finance Topic: guest lecturer TBA
- If guest lecturer falls through, we will discuss jobs in Finance
Monday, September 26
Stocks
- What is a 'stock'? how do we price stocks? Where and how do they trade? Why are they important?
Wednesday, September 28
Stock valuation continued
Friday, September 30
Friday Finance Topic: A look at Market Efficiency
- A look at market efficiency. We will examine evidence not only from financial markets, but also sports betting
Monday, October 3
Risk and Return
A look back at the history of risk and return
-A BRIEF Intro to CAPM
Wednesday, October 5
How we measure returns
- What is meant by return?
-Stock indicies
Thursday, October 6
Test #1
Friday, October 7
Friday Finance Topic: To be announced
Monday, October 10
Mid term break!
- while finance is fun, I am sure we will all be looking forward to some sleep by now.
Wednesday, October 12
CAPM
Friday, October 14
Friday Finance Topic:Personal Finance
- How to use what we learn in class in your own lives
- Assign Project #2: a look ahead at our personal finance lives Due date November 4, 2005
Monday, October 17
CAPM
- CAPM-Applying risk and return
Wednesday, October 19
Capital Budgeting Introduction
- Chapter 8
Friday, October 21
Friday Finance Topic: What do we really know about finance?
-CAPM how and why is it still used
-Market Efficiency?
Monday, October 24
Capital Budgeting
Why NPV is #1
Chapter 9--potential problems (i.e. finding CashFlow)
Cannibalism etc.
Wednesday, October 26
More on capital Budgeting
- How to account for risk A look at how business and financial risk interact Are real options for real?
Friday, October 28
Friday Finance Topic: Corporate Governance
-A look at corporate governance before and after Enron
-What role do ethics play?
-Does it matter? A look at the international evidence
Monday, October 31
Raising Long Term financing (chapter 11)
- Public or private? What is an IPO? A SEO? Underpricing? Risk?
November 2005
Wednesday, November 2
Raising LT finance
- More on IPOs
Friday, November 4
Friday Finance Topic: the Internet Bubble
A look at how the Internet bubble happened and its fallout on the field of finance
Special emphasis on IPOs
Monday, November 7
Capital Structure (chapter 12)
Theory why it is important
Pecking order trade off/theory hybrid
Wednesday, November 9
Capital Structure: WACC
- WACC calculation
- Impact on valuation
- When to use, when not to use
Friday, November 11
Friday Finance Topic: capital structure internationally
A look at how capital structure differs across the globe
Why the differences?
Extra Credit report Due - Report on the World is Flat is due
Monday, November 14
Dividend Policy Chapter 13
- What is it, trends, and why it matters?
Tuesday, November 15
Tentative test date
Wednesday, November 16
Entrepreneurial Finance
- Chapter 14 We will not go into great detail, but since so many people want to start their own businesses this will be a good introduction
Friday, November 18
Friday Finance Topic: Islamic Finance
- A look at how finance differs in Islamic countries
Monday, November 21
International Financial Management
- Chapter 16--we are taking this out of order, but I think it will follow Islamic Finance better This will be a brief overview
Wednesday, November 23
No class -Happy Thanksgiving!
- Happy Thanksgiving!
Friday, November 25
No class
- My word of advice: do not go shopping today!!
Monday, November 28
Introduction to Derivatives
- Options, forwards, and futures
Wednesday, November 30
More Derivatives
December 2005
Friday, December 2
Friday Finance Topic: Executive Compensation (tentative)
Executive Compensation is fascinating We will look at the levels of pay, the forms of pay, and recent trends
Monday, December 5
Mergers, Acquisitions, and Corporate Control
- Chapter 22: An overview of M&A activity
Wednesday, December 7
Catch-Up
I know we will need a day to catch up. So this will be it.
Friday, December 9
Friday Finance Topic: A look into the future
Will recap what we know and what we don't know Will talk about how to use this both in your own personal live as well as in your career ( in college and after)