FIN. 582: ADVANCED FINANCIAL MANAGEMENT
INSTRUCTOR: Riaz Hussain OFFICE: Brennan Hall 431
OFFICE HOURS: Monday and Wednesday, 1:00 - 3:00 PM; and by appointment.
CONTACT: E-mail: riaz.hussain@scranton.edu, Telephone: office 941-7497, secretary 941-4048, home 347-8077, Fax 941-4825.
OBJECTIVE: After taking this course, the students will be able to:
1. Study a finance case; analyze it using basic finance theory; and present the findings orally and in writing.
2. Analyze a situation at a firm involving the allocation of available resources (investment decision).
3. Choose the proper method of financing projects at a corporation with the available financial instruments (financing decision).
4. Manage the capital structure at a firm (leveraging decision).
5. Estimate the value of a business enterprise (valuation decision).
REFERENCES: Analytical Techniques in Financial Management, by Riaz Hussain, January 2012, University of Scranton. The sale of this book supports a scholarship at the University.
GRADING: The course grade is composed of case analyses, case presentations, outline of cases, a midterm exam in class, and a take-home final exam. The weighting scheme for the final grade is:
|
Case analyses, written |
20% |
|
Case presentations, oral |
20% |
|
Written outlines and classroom discussions |
15% |
|
Midterm exam |
20% |
|
Final exam |
25% |
OVERVIEW: You have to present the case orally and in writing. This gives you an opportunity to hone your communication skills.
Public speaking is an art and you develop it in your own way. You can make an effective oral presentation as a team if you divide your work evenly. Each team member should present his or her own contribution to the overall presentation.
A written report requires proper organization of material. You have to write in well structured sentences, which are linked into coherent paragraphs. You should review your write-up carefully and remove any spelling or grammatical errors. The final layout of your report should have a professional look.
The cases are available at Ivey Publishing Company. There may be some changes in the cases that we will cover.
FIN. 582: TENTATIVE SCHEDULE
|
Week |
Date |
Topic or Case |
|
1 |
2/1 |
Introduction Review of selected topics |
|
2 |
2/8 |
Capital budgeting, Leasing Environmental Sciences, Inc. |
|
3 |
2/15 |
Case 1: High Mountain Technologies Case 2: Excelerite Integrated Systems |
|
4 |
2/22 |
Case 3: Pleasure Craft Inc. Case 4: Whirlpool Europe |
|
5 |
2/29 |
Cost of capital Assignment of midterm case |
|
6 |
3/7 |
Case 5: Telus: The Cost of Capital Case 6: Sylvan Learning Systems |
|
7 |
3/14 |
Spring break, no class |
|
8 |
3/21 |
Midterm examination |
|
10 |
3/28 |
Option Pricing Theory |
|
11 |
4/4 |
Case 7: Sally Jameson (abridged) #202117 Case 8: Corporate Financial Management: Options Exercises, Problem 3 |
|
12 |
4/11 |
Debt capacity Assignment of the final case: Laurentian Bakeries |
|
13 |
4/18 |
Case 9: Tremblay, Ltee Case 10: Unihost Corporation |
|
14 |
4/25 |
Investment Analysis |
|
15 |
5/2 |
Case 11: CREIT Property Investment (Montreal) Case 12: CREIT Property Investment (Chicago) |
|
16 |
5/9 |
Review Final Reports due |