BUSN 6211: Advanced Corporate Finance
NOTE: For registration please contact Bob Gaglardi School of Business and Economics General Program Inquiries (Email: mba@tru.ca or Tel: 1-877-663-4087).
Building on BUSN 6021: Corporate Finance, students continue to develop their knowledge and skills in corporate finance. Topics include long-term financial planning; sources of long-term financing; working capital management; sources of short-term financing; international corporate finance; risk management; business valuation; mergers and acquisitions; corporate restructuring; bankruptcy, reorganization, and liquidation; and Economic Value Added.
Learning outcomes
- Design a long-term financial plan for an organization.
- Analyze different sources of debt and equity financing.
- Discuss practices to optimize the use of net working capital.
- Analyze different sources of short-term debt financing.
- Describe how corporate finance practices vary for international operations.
- Demonstrate appropriate hedging strategies for different business risks.
- Value a business using the income-based approach.
- Value a business using the market-multiple and asset-based approaches.
- Recommend an appropriate takeover bid for a business and suitable takeover defenses.
- Explain the rationale for different forms of corporate restructuring.
- Develop a plan to successfully liquidate or reorganize a business experiencing financial difficulties.
- Measure the financial performance of a business using the principles of Economic Value-Added.
Course topics
- Module 1: Long-term financial planning
- Module 2: Stock valuation
- Module 3: Raising capital
- Module 4: Financial Distress and bankruptcy
- Module 5: Cash and Liquidity Management
- Module 6: Credit and Inventory Management
- Module 7: International Corporate Finance
- Module 8: Mergers and Acquisitions
- Module 9: Financial Risk Management
- Module 10: Economic Value Added
Required text and materials
Online students are responsible for sourcing and ordering their own textbooks. Please see the list of required textbooks here: https://www.tru.ca/distance/courses/MBA_Textbook_List.pdf.
Please note that publishers may offer several package options that include additional resource material not required in your course. You may purchase a package of your choice as long as it includes the correct author, title and edition listed for your course.
If you have any questions about obtaining the correct textbook, please contact OLMaterials@tru.ca. They will be happy to assist you.
Assessments
Please be aware that should your course have a final exam, you are responsible for the fee to the online proctoring service, ProctorU, or to the in-person approved Testing Centre. Please contact exams@tru.ca with any questions about this.
To successfully complete this course, students must achieve a passing grade of 70% or higher on the course overall, and 50% on the final mandatory examination.
| Assignment 1: Perform FCFE valuation of company | 15% |
| Assignment 2: Currency Comparison | 15% |
| Assignment 3: EVA analysis | 15% |
| Assignment 4: Discussion Summary and Analysis | 15% |
| Final Exam (mandatory) | 40% |
| Total | 100% |
Open Learning Faculty Member Information
An Open Learning Faculty Member is available to assist students. Students will receive the necessary contact information at the start of the course.
