Corporate Finance

Course Overview

This course, Corporate Finance, is designed to equip learners with the knowledge and skills to understand, appreciate, and employ corporate finance concepts and applications in the context of managerial decision making. At the end of the course, participants should be able to understand the decisions related to capital budgeting, capital structure, management of working capital, and dividend policy, by way of learning tools and techniques to solve advanced numerical problems of real business situations efficiently.

The course is divided into four distinct modules: investment decisions, financing decisions, working capital management decisions, and payout decisions. Investment decisions focus on the valuation of financial securities and the role of risk-return relationship in making capital budgeting decisions. Financing decisions help in determining the right source of capital while keeping shareholders’ interests a priority. Working capital management decisions focus on optimal management of inventory, debtors and receivables, and payables. Finally, payout decisions are related to the issues pertaining to paying dividends or keeping the profits within the business.

The intended audience for this course are undergraduate and postgraduate-level students with interest in business management and/or finance in terms of academic specialization (e.g., minor/major in finance/financial engineering/management) or career choices (e.g., BFSI industry, stock market investments, FinTech, etc.). Prerequisites for the course include UG-level courses in Economics (Microeconomics and Macroeconomics) and Basic Statistics Financial Accounting and Financial Institutions and Markets. The course is supported by the Banking and Financial Services Industry (banks, financial analysis and advisory firms, equity and investment research companies).