FINM 35500

Corporate and Credit Securities

Spring Quarter
Instructor: Mark Hendricks
Syllabus

This course analyzes corporate finance and valuation with the tools, perspectives, and insights of asset pricing and portfolio management. It covers classic and new issues in corporate finance and financial strategy while also providing a self-contained treatment of private valuation methods and considerations important for M&A, IPOs, PE, VC, LBOs, and real estate. Tools include staples from corporate finance including cash-flow analysis, financial statements, cost of capital, and DCF. Building on these, we use Monte Carlo methods in analyzing real options and private valuation. We model liquidity, nancial distress, and securitization using tools familiar from asset pricing.