An analysis of the fundamental valuation techniques used in finance. Topics include capital budgeting, risk management, asset and security valuation, and corporate capital structure. This course is a continuation of FIN 201 - Introduction to Corporate Finance and builds on the foundation skills and concepts presented there. Main themes include the maximization of the value of the firm, the valuation of cash flows and how time and uncertainty affect these valuations. Other topics introduced include capital budgeting, long-term financing, cost of capital, dividend policy, market efficiency and an introduction to international finance, risk and derivatives. Course topics will be covered through lecture, discussion and problem solving.

Prerequisites: Finance 201 and 2nd year standing required
Corequisites: Academic Integrity Training 100
Further information: Course availability and times