HE3013 Economics of Corporate Finance Weekly Schedule for AY2022S2

Date Lecture Readings Date Tutorial/Activities

Week 1 1. Introduction Read BMA Week 1 First Week
12 Jan 1.1. Course Information chapter 1 and 28 13 Jan No tutorial
1.2. An overview of Financial Statements
1.3. What is Corporate Finance?
1.4. The Hirshleifer Separation Theorem
Week 2 2. How to Calculate Present Value? Read BMA Week 2 Course information;
19 Jan 2.1. Future Values and Present Values chapter 2 20 Jan self-introduction and
2.2. Perpetuities and Annuities form of teams
2.3. Growing Perpetuities and Annuities
Week 3 3. Valuing Bonds Read BMA Week 3 Team presentation for
26 Jan 3.1. Using PV Formula to Value Bonds chapter 3 27 Jan Lecture 1 and 2
3.2. Duration and Volatility
3.3 Term Structure of Interest Rates
Week 4 4. The Value of Common Stocks Read BMA Week 4 Team presentation for
2 Feb 4.1. How Common Stocks are Valued chapter 4 3 Feb Lecture 3
4.2. Estimating the Cost of Equity capital
Week 5 5. The link between Value and Risk Read BMA Week 5 Team presentation for
9 Feb 5.1. Risk and Return chapter 7, 8 and 9 10 Feb Lecture 4
5.2. Portfolio Theory and the CAPM
5.3. Risk and Opportunity Cost of Capital
Week 6 6. An Overview of Corporate Finance Read BMA Week 6 Team presentation for
16 Feb 6.1. Patterns of Corporate Finance chapter 14 17 Feb Lecture 5
6.2. Common Stocks and Debt
6.3. Financial markets and Institutions
Week 7 7. How Corporations Issue Securities? Read BMA Week 7 Mid-term in class quiz
23 Feb 7.1 Venture Capital chapter 15 24 Feb
7.2 The IPO
7.3 Securities Sales by Public Companies
Week 8 8. Should a Corporation Pay Out Dividends? Read BMA Week 8 Team presentation for
9 Mar 8.1 How Dividends are Paid? chapter 16 10 Mar quiz, Lecture 6 and 7
8.2 The Dividends Controversy
Week 9 9. Does Debt Policy Matter? Read BMA Week 9 Team presentation for
16 Mar 9.1. MM Proposition I chapter 17 17 Mar Lecture 8
9.2. MM Proposition II
Week 10 10. How Much Should a Corporation Borrow? Read BMA Week 10 Team presentation for
23 Mar 10.1. Corporate and Personal Taxes chapter 18 24 Mar Lecture 9
10.2. The Trade-off Theory
10.3. The Pecking Order Theory
Week 11 11. Financial Analysis Read BMA Week 11 Team presentation for
30 Mar 11.1 Financial Statements chapter 28 31 Mar Lecture 10 and 11
11.2 Various Measures
11.3 Interpreting Financial Ratios
Week 12 12. Merges, Corporate Control & Governance Read BMA Week 12 Good Friday
6 April 12.1. Merges chapter 3, 32 and 7 April No tutorial
12.2. Corporate Restructuring 33
12.3. Governance & Control Around World
Week 13 13. Conclusion and Revision Lecture slides and Week 13 Q&A
13 April 13.1 Revision of the Course Tutorial questions 14 April No tutorial
13.2 Final Exam Information