|This is an advanced course that provides a bridge between theory and practice in corporate finance. The course will be taught using cases from recent years that cover topics such as: corporate valuation; investment strategy and capital structure; corporate restructuring; strategic transactions such as IPOs, spin-offs, and tender offers; securities such as tracking stock, warrants, convertible debt and other hybrids; financial engineering with special purpose vehicles; mergers and acquisitions; etc. Students working together in groups of 3-4 will prepare a memorandum each week, analyzing the case to be covered and responding to questions distributed beforehand. There will be at least one in-class student exercise.
Although the course is focused primarily on high level financial strategy, some of the material is fairly technical and a solid background in basic corporate finance is essential. The course has application to most areas of finance and management, but would be especially useful for students interested in investment banking.