1st Lecture: Presentation

• Introduction to the course: syllabus, bibliography, assessment, webpage.
• Revision of fundamental concepts: interest rates
• Support Materials
  • 0-Syllabus
  • 0-Calendar
  • 1-Corporate Financial Planing_Ch0
  • 1-Corporate Financial Planing_Ch1_2
  • Problem Set 1

2nd Lecture: Working Capital Management

• Overview of Working Capital
• Trade Credit
• Receivables Management
• Payables Management
• Exercises of Problem Set 1
• Homework: Exercises (Problem Set 1)

3rd Lecture: Working Capital Management

• Inventory Management
• Exercises of Problem Set 1
• Homework: Exercises (Problem Set 1)

4th Lecture: Working Capital Management

• Cash Management
• Near Cash Investment
• Exercises of Problem Set 1
• Support Materials
  • Solutions_Ch1 (slides)
  • Solutions_Ch26 (book)

5th Lecture: Short-term Financial Planning

• Exercises of Problem Set 1
• Forecasting Short-Term Financing Needs
• The Matching Principle
• Homework: Exercises (Problem Set 1)

6th Lecture: Short-term Financial Planning

• Short-Term Financing with Bank Loans
• Short-Term Financing with Commercial Paper
• Short-Term Financing with  Secured Financing
• Homework: Exercises (Problem Set 1)

7th Lecture:  Students Presentation and Short-term Financial Planning

• Student presentation
  • Opler (1999)
• Support Materials
  • Solutions_Ch2 (slides)
  • Solutions_Ch27 (book)
  • Solution Problem Set 1 - Exercise 10

8th Lecture:   Short-term Financial Planning

• Exercises of Problem Set 1

10th Lecture:   Raising Equity Capital

• Exercises of Problem Set 1
  
• Equity Financing for Private Companies
• Support Materials
  • Lecture Notes_Ch3
  • Problem Set 2
  • Facebook IPO

11st Lecture:   Raising Equity Capital

• Equity Financing for Private Companies
• Questions on the case-study

12nd Lecture:   Raising Equity Capital

• The Initial Public Offering
• IPO Puzzles
• Exercises of Problem Set 2
• Homework: Exercises 1 to 7 (Problem Set 2)

13rd Lecture:   Raising Equity Capital

• The Seasoned Equity Offering
• Student Presentations
  • Gompers and Lerner (2001)
  • Pagano and Zingales (1998)
• Support Materials
  • Solutions_Ch3 (slides)
  • Solutions_Ch23 (book)
  • Solution Problem Set 2
  • Solution Facebook:  http://en.wikipedia.org/wiki/Facebook_IPO
  • Facebook stock price

14th Lecture:   Raising Equity Capital

• Student Presentations: Case-study KOTA
• Exercises of of Problem Set 2

15th Lecture :  Payout Policy

• Distributions to Shareholders
• Comparison of Dividends and Share Repurchases
• The Tax Disadvantage of Dividends
• Support Materials
  • Lecture Notes_Ch4
  • Problem Set 3
• Homework: Exercises 17.4, 17.5, 17.6, 17.7, 17.10 , 17.16, 17.25, 17. 29   (Problem Set 3)

16th Lecture:  Payout Policy

• Student Presentations:
  • Grullon and Michaely(2004)
  • Dyl and Weigand(1998)
• Exercises of Problem Set 3
• Homework Exercises 17.4, 17.5, 17.6, 17.7, 17.10 , 17.16, 17.25, 17. 29   (Problem Set 3)

17th Lecture:  Payout Policy

• Dividend Capture and Tax Clienteles
• Payout version Retention of Cash
• Signalling with Payout Policy
• Stock Dividends, Splits and Spin-offs
• Support Materials
  • Solutions_Ch17 (book)
  • Solutions Problem Set 3

18th Lecture:  Debt Financing

• Support Materials:
  • Lecture Notes_Ch5
  • Problem Set 4
• Homework: Exercises 1 to 3  (Problem Set 4)

19th Lecture:  Debt Financing

20th Lecture:  Debt Financing

21st Lecture:  Leasing

• Support Materials
  • Lecture Notes_Ch6
  • Problem Set 5
• Homework: Exercises 1 to 5  (Problem Set 5)

22nd Lecture:  Leasing

• Exercises of Problem Set 5

22nd Lecture:  Leasing

• Exercises of Problem Set 5
• Student Presentations
  • Ang and Peterson (1984)
  • Billingsley  and Smith (1996)
• Support Materials
  • Solutions_Ch25 (book)
    
  • Solution Problem Set 5