FIN 1301(#48783) Corporate Finance     Spring 1997
R. NELSON
OFFICE: 235 SWARTS  (362-7637)
Text and Course Material:  . Essentials of Managerial Finance, 11th Edition
                             Weston, Besley and Brigham; 1996;  Dryden Press
                           .  Additional Readings  (On Reserve in Library)
                 
           Prerequisites:  . ACCT 0201 (Financial Accounting)
                           . College Algebra or Pre-calculus

          Grade Criteria:  .  3 Examinations:   90%  
                           .  Excel/LOTUS 1-2-3 Spreadsheet Assignment 
                              (and attendance and participation):   10%
		           .  Sample grading scale: 80   - 82.4 = B-  
	       					    82.5 - 87.4 = B
						    87.5 - 89.9 = B+

      Course Objective:    The primary objective of this course is the 
examination of  (1) the finance function within the firm and (2) the
financial environment in which the firm operates.  A core focus within these 
areas of inquiry is the role of the financial manager in "maximizing the value"
of the firm.  We use a combination of lectures, text problems and additional 
readings.   Examinations will cover assigned text material, problems covered 
in class, additional readings ,  as well as specific information (not 
necessarily in the text or readings) presented in class lectures.  
Approximately 40% of the course material will be quantitative.  

NOTE: Makeup exams may differ in format and substance from regularly scheduled 
exams.  


OVERVIEW OF COURSE CONTENT:

I.    The Economic and Financial Environment of the Firm. Analysis of Financial
      Statements.  Risk, Return & Time Value of Money. Introduction to
      Valuation of Securities.

II.   Financial Forecasting, Planning and Control. Working Capital
      Management.  Capital Budgeting Techniques and Project Analysis.

III.  The Cost of Capital.  Financial Leverage.  Common Stock Financing 
      and the Investment Banking Process.          

                              	CLASS SCHEDULE

       Week Of                                          Text Material

	Jan 9                                           Introduction
            
	Jan 14                                  Chpt 2: Financial Environment 
					    	
                                                  
	Jan 21					Chpt 3:  Financial Statement Analysis
						Chpt 5: Risk and Return

	Jan 28					Risk and Return (Continued)
						Chpt 6: Time Value of Money

	Feb 4					Chpt 7: Valuation of Securities
               
	Feb 11					Exam I
						Chpt 4: Financial Planning & Control

	Feb 18					Chpt 8: Working Capital Policy
						Examples of Working Capital Mgt:
						(Selected Portions of Chpt 9-11)

	Feb 25					Chpt: Short-term Financing
						Chpt 13: Introduction to Cap. Budgeting

        Mar  4					Chpt 14: Project Analysis

	Mar 11					Exam II

	Mar 18        (Mar 17 - Mar 21)         Spring Break!
                                   
	Mar 25					Chpt 15: Cost of Capital

        Apr 1					Chpt 16: Capital Structure & Leverage

	Apr 8					Chpt 18: Common Stock Financing
						Introduction to Options

	Apr 15					Corporate Restructuring & Combinations

	Apr 22					Issues in Multinational Finance
			
	Tuesday  Apr 29    (9 - 11 a.m.)        Exam III