Corporate Finance
ADM3350-X
Summer 2015

Professor
Dr. Dev Gandhi, Ph.D
Office
DMS 7158
Telephone
613 562-5800 ext. 4701
E-mail
Gandhi@telfer.uottawa.ca
Office Hours
Thursdays: 1:00 - 2:45pm

Class Locations
FTX 147B
Class Hours
Thursdays : 3:00-6:00 pm
Prerequisite (s)
ADM 2350
Program of study
Choose between the three choices below :

BCom mandatory course

Mandatory course of option _____AFI ____or specialization___Finance/Accounting___

Optional course of option _____ or specialization________

Course Deliverables
Due Date
Weight on Final Grade
Homework sets
Assignments: Each is due a week after it is assigned
20%
Midterm Exams
June 25, 2015
30%
Final Exam
To be scheduled
50%

Course Description
The purpose of this intermediate corporate finance course is to follow up on the first introductory course in financial management. It is intended to refine and deepen student’s knowledge of the theory and practice of financial decisions in a rapidly changing corporate and business environment. The course material will evolve around three major problems/decisions faced by financial managers:
Working Capital Management (short-term capital financing: how to raise, use and manage short-term capital)
Capital Structure Analysis (optimal debt/equity mix and long-term sources of capital)
Dividend Policy (management decisions to pay out earnings to the firm shareholders)
Additional important topics covered include financial and ratio analysis, leasing decisions mergers and acquisitions, as well as an introduction to derivatives use and risk management.

Course Learning Objectives
By the end of the course, students will be able to use course concepts and techniques to analyze and solve different financial decisions. The decision relates, among other things to capital structure decisions, dividend policies, short –term financial management as well as financial planning, leasing and mergers and acquisitions. Students are expected to gain the skills of analyzing more complex questions in financial management and to be able to come up with sound solutions using the techniques and concepts covered throughout the course. A constant focus on financial decisions and their implications on the market valuation of the firm will be maintained.
Given the objective of the course and the importance of mastering financial techniques the course approach will be lecture and practice or demonstration problems to give students the maximum chance to understand and grasp the concepts and techniques as they are introduced in class. Towards the end of the session, some in-class group practice case assignments will be conducted and discussed for the more advanced finance themes such as financial planning, leasing and mergers and acquisitions. This will reinforce student learning by strengthening analytical and communication skills and simulating a team workplace environment. Power-point presentations will be used in class and made available through Doc-Depot. However, students are strongly urged to attend classes where more explanations and examples will be given and discussed (getting the presentation slides or just reading the book is not enough!).

Methods Used to Evaluate Student Performance
There will be homework assignments to be submitted by 5 student groups. Each assignment will be due a week after it is assigned. Homework submissions should be typed. Because time is the scarcest resource and managing time is part of your training, you are expected to fully respect the due dates for all assignments. All assignments submitted will be reviewed and returned to you for constructive pedagogical feedback.
The midterm and final exams will test your understanding and ability to work and solve numerical financial problems (similar to homework problems) along with some multiple choice and possibly conceptual/essay questions. If you have to miss the exam due to illness, you must notify the instructor as soon as possible and provide a medical certificate from the