2.0

credits

Average Course Rating

Business executives are increasingly selective on how they approach the allocation of firm resources. While textbook finance dictates that a project with a positive net present value (NPV) should be approved, in many cases, the organization has a finite budget with competing business unit project requests. In the short term, these capital budgeting decisions will influence the U.S. economy’s unemployment situation; in the intermediate-long term they will affect firm value. This course focuses on the practical elements of allocating resources from two diverse perspectives: corporate finance executives, managers, investors, investment bankers, and equity analysts. The first part of the course takes a long-term view in the value creation process and focuses on the key value drivers that affect corporate value. The second part of the course will introduce short-term managing, focusing on net working capital management and the interrelationship with growth decisions and the impact on valuation. This part also addresses the issue of financing decisions and the impact on valuation. In this context, the course will present the difficulties embedded in each context of corporate management and entrepreneurship management.