This course is an advanced undergraduate course in corporate finance. A prerequisite is COMM 121 (Introduction to Finance) or equivalent. This course will cover similar topics as COMM 122 (Finance II), but at a deeper level, notably by using basic game theory and basic contract theory as in COMM 172 (Managerial Economics). It will also introduce new topics such as real options, financial constraints, internal capital markets, and corporate governance. It requires a capacity for mathematical reasoning and a basic knowledge of regression analysis (cf. COMM 161 and COMM 162 or equivalent). Students will be expected to master the tools needed by practitioners in corporate finance; to understand simple mathematical models underlying corporate finance theories; and to have learned lessons from case studies and empirical studies.
Prerequisite - COMM 121 or COMM 221
This course is restricted to students enrolled in the 3rd or 4th year of their program.