BSAD 180
Managerial Finance

Grossman School of Business
Kevin C.H. Chiang, Ph.D.

 

Course Objective

The main theme of the course is capital budgeting. Thus, the course is developed based on the notion of the time value of money. Through this development, the course is also a survey of some of the major areas of modern finance: the role of a firm; the role of a manager (agent); the view of a firm being a stream of after-tax cash flows; asset valuation; cash flow estimation; financing methods; costs of capital being a function of systematic risk; and, the estimation of systematic risk in equilibrium. 


Office Hours

I have an open-door policy. If you prefer to schedule an appointment or find it inconvenient to come by my office, I invite you to send me an e-mail. 


Syllabus_A 

Syllabus_B 


Electronic Notes

Introduction

Discounted Cash Flow Valuation

Valuation: Bonds and Stocks

Net Present Value and Other Investment Rules

Return and Risk

The CAPM

Risk, Cost of Capital, and Capital Budgeting

Financial Statement Analysis and Financial Models

Making Capital Investment Decisions

VTBeer Pro Forma

VTBeer Pro Forma_Before

Old exam sample

Another old exam sample

Answer Keys 1st Half

Answer Keys 2nd Half