FIN622

FIN622 – Corporate Finance

Corporate Finance provides in-depth knowledge of how businesses manage their financial resources to maximize shareholder value. Students learn the time value of money using financial mathematics to calculate present and future values, annuities, and perpetuities. The course emphasizes investment decision-making through tools like Net Present Value (NPV), Internal Rate of Return (IRR), Payback Period, and Profitability Index. Students analyze how firms raise capital through equity, debt, or hybrid instruments, and determine the optimal capital structure that minimizes the weighted average cost of capital (WACC). Topics like dividend policy, retained earnings, leasing vs. buying, and corporate governance are covered with real-world case studies. Risk analysis is a core component — students learn to evaluate systematic and unsystematic risk, use CAPM (Capital Asset Pricing Model), and construct efficient portfolios. The course also explores working capital management, cash budgeting, and financial statement analysis using Excel. Learning Outcomes: Students will develop skills in strategic financial planning, investment analysis, and value creation, making them suitable for roles in investment banking, financial consultancy, or corporate treasury.