Course Syllabus: Special Topics In Corporate Finance

Jose M. Liberti, DePaul University

Abstract

The course focuses on fundamental themes in corporate finance in an international setting including: the analysis of cross-border investments, mergers and acquisitions, take-over battles and defenses, leverage buyouts (LBOs), project finance, corporate restructuring, companies in financial distress, real options and bank valuation. The main theme surrounding these topics is “Valuation”, more specifically the course focuses on how to maximize Enterprise Value. Accordingly, we examine the problems and practices of financial managers in key areas of international business.

Through cases, discussion of topical issues and readings, the course will give you the opportunity to analyze practical financial situations and problems, on the assumption that you are already familiar with fundamental ideas from previous finance courses such as valuation methods, portfolio selection, CAPM, capital structure and option pricing among others.

For a complete description of each of the topics please check the Summary of Course Outline. The course is roughly divided into 4 parts:

Part A: Valuation Methods. Where Is Enterprise Value Coming From?

Part B: Mergers & Acquisitions. Management Buyouts. Take-Over Attempts, Battles, Tactics and Defenses

Part C: Corporate Restructuring, Investment Decisions and Special Topics in Valuation

Part D: International Corporate Finance: Cross-Border Valuation