_________________________________________________________________

UNIVERSITY OF SAN FRANCISCO

SCHOOL OF MANAGEMENT
_________________________________________________________________

BUS 331 Prof. Frank Ohara, ext. 6406

Intermediate Corporate Finance ohara@usfca.edu
Spring 2018

COURSE OBJECTIVE:

This course is designed to enhance the students’ knowledge of the fundamental

principles and concepts covered in the core Principles of Finance course.

Students will learn the decision making function of Corporate Finance and have the
requisite skills to comprehend and analyze:

* DCF Valuation
* Capital Structure Theory and WACC
* Structure and Functions of the Financial Markets
* Risk/return of Financial Leverage
* Working Capital and the Financing Decision
* Capital Budget evaluation, adjustment, and decision making
* Internal vs. External Sources of Long-term Financing
* Dividend Policy

COURSE MATERIALS:

Required: Foundations of Financial Management,

Block/Hirt, Irwin Press

Additional readings may be recommended during the course. Details will be announced
periodically in class.

COURSE GRADING:

Participation in
class discussions 10%
Case Assignments 20%
1st Examination 25%
2nd Examination 25%
Research Paper 20%

Academic dishonesty - students should be familiar with the university policy.

Absence from an examination must be approved in advance by the instructor.

Generally, only medical excuses will be allowed.
COURSE SCHEDULE :

Week Topic Chapter

-------------------------------------------------------------------------
1 Overview 1&2 &3

-------------------------------------------------------------------------
2 Capital Markets 14
Forecasting and Leverage 4&5
-------------------------------------------------------------------------
3 Financial Leverage 5&6
Working Capital Management
-------------------------------------------------------------------------
4 Working Capital 6&7
Current Asset Management
-------------------------------------------------------------------------
5 Short-Term Financing 7&8

-------------------------------------------------------------------------
6 Time Value of Money 8&9

-------------------------------------------------------------------------
7 1st Exam
Rates of Return 10
-------------------------------------------------------------------------
8 Spring Break
-------------------------------------------------------------------------
9 Cost of Capital 11 & 12
Capital Budgeting Decision
-------------------------------------------------------------------------
10 Risk and Capital Budgeting 12 & 13

-------------------------------------------------------------------------
11 Investment Banking 15 & 16
Long-Term Debt
-------------------------------------------------------------------------
12 Long-Term Debt 16 & 17
Equity Financing
-------------------------------------------------------------------------
13 Dividend Policy 18 & 19
Convertibles
-------------------------------------------------------------------------
14 2nd Exam
M&A 19 & 20
-------------------------------------------------------------------------
15 International Finance 21

-------------------------------------------------------------------------
16 Class Presentations
Class Presentations
-------------------------------------------------------------------------
FINAL REPORT:

Each student is responsible for one report in this course.

The student will select one topic from a chapter in the textbook.
The topic must be approved in advance by the professor.

The Interim Report (brief table of contents type outline).

This report should provide a clear and concise explanation for the direction of
the final report.

Final Report and

Class Presentation begin on the last week of class.

You are hereby given a 16 week notice. No late reports will be accepted.

The Final Report will be graded upon the following:

1. Originality - the report must include your personal viewpoint/analysis that

originate from your own brains.

2. 10 – 15 minutes professional power point presentation in class. Reading the

report verbatim or not making the presentation will be deducted 30 points.

3. Minimum fifteen page (double-spaced) paper graded upon:

a. Analysis and research of the issue(s)

b. Personal viewpoints, comments
c. Conclusion based on the analysis and research
d. References cited in a footnote format,
with bibliography.
4. Approved Interim Report must be attached to the Final Report or you will be
deducted 20 points.