CFIN-601: Corporate Finance Report a Broken Link

Corporate finance, in particular, is about management of cash inflows and outflows of a business firm. And, with increased globalized activities, such cash flows are not only in terms of domestic currency but also in terms of foreign currencies. The main objectives of corporate finance are maximization of corporate value and management of corporate financial risks. It deals with both short-term and long-term financial decisions made by business firms as well as with the analytical frameworks and techniques involved in such decisions.

This course is definitely useful for those who are planning a career in financial management. Most of the topics discussed are also expected to enhance understanding of the business environment for people pursuing other careers as well. Finance is, and will remain to be, an inseparable function of any business; perhaps more importantly, most business decisions of a firm are evaluated by looking at its financial conditions and outcomes. An understanding of firm’s financial management is crucial for all business managers.

Supplementary Readings

Recommended books for future readings

Claessens, S., Kose, M. A., Laeven, L., & Valencia, F. (Eds.) (2014). Financial crises: Causes, consequences and policy responses. International Monetary Fund publication.

Fox, J. (2009). The myth of the rational market: A history of risk, reward, and delusion of Wall Street. Harper Business.

Lewis, M. (2009). Panic: The story of modern financial insanity. New York & London: W. W. Norton & Company.

Roubini, N., & Mihm, S. (2010). Crisis economics: A crash course in the future of finance. The Penguin Press.

Shiller, R. J. (2012). Finance and the good society. Princeton University Press.

Shiller, R. J. (2015). Irrational exuberance (3rd ed.). Princeton University Press.

Shleifer, A. (2000). Inefficient markets: An introduction to behavioural finance. Oxford University Press.