BILKENT UNIVERSITY Faculty of Business Administration MAN 321 Corporate Finance Fall 2007 Faculty: Office: Phone: E-mail: Class web page Office Hours: Aydın Yüksel Faculty of Business Administration MA 110 290-2353 ayuksel@bilkent.edu.tr http://www.bilkent.edu.tr/~ayuksel/man321.html Tue 10:40-11:30 Wed 11:40-12:30 or by appointment Course Objective The purpose of this course is to introduce basic concepts of financial management with special attention to corporate financial decisions. Investment and Financing decisions will be our main concern. Time value of money concept and risk-return tradeoff are the two important topics upon which we will build most of our discussion. Required Textbook Brigham, Eugene F. and Joel F. Houston. Fundamentals of Financial Management, Thomson, South-Western, 10th Edition, 2004. Course Policies There will be two mid-term examinations and a final examination in this course. Each mid-term exam will cover the material immediately preceding it. The final exam will be comprehensive. There will be no make-up examinations for the midterms. If the student provides a legal document stating the reasons for not taking the exam on the scheduled date, a comprehensive make-up exam may be given during the final exam week. Do not forget to take a copy of the legal document to the instructor within the week after the exam. Pop quizzes will be given during lectures. Your lowest quiz score will be dropped. No make-ups will be offered. Grades will be assigned on the basis of students’ performance in mid-term exams, final exam, quizzes and term project. Approximate weights are: Mid-term exams (25% each) Final exam Quizzes and Project 50% 30 20 Tentative Outline Week 1 2 3 4 5 6 7 8 9 10 11 12 13 14 Topic Introduction Financial Environment Risk and Rates of Return Time Value of Money Bond Valuation Stock Valuation Review and Mid-term Examination I Cost of Capital Cost of Capital Capital Budgeting Capital Budgeting (continued) Capital Structure and Leverage Review and Midterm Examination II Dividends Chapter 1 4 5 6 7 8 9 9 10 11,12 13 14