Week One: Foundations of Finance
· Discuss the 12 principles of foundational corporate financial management.
· Compare and contrast accounting net income and cash flows.
· Compare and contrast the market value of an asset or liability with the book value.
· Identify various financial applications of time value of money.
· Explain cultural impact on components of time value of money.
Week Two: Business Valuation
· Use valuation techniques to determine the intrinsic value of debt and equity instruments.
· Analyze how markets adjust for risk.
· Apply the Capital-Asset-Pricing Model to calculate a business’s required return.
Week Three: Cross-Border Working Capital Management
· Describe the cash conversion cycle and its importance to working capital management.
· Identify sources and uses of short-term financing.
· Evaluate how the business policies of a firm affect accounts receivable and inventories.
· Evaluate multinational cash management strategies.
Week Four: Capital Budgets
· Calculate the cost of capital.
· Apply techniques used in capital budgeting decisions.
· Analyze a capital project’s present value based on expected future net cash flows.
· Analyze risks associated with international investment decisions.
Week Five: Long-Term Financing Options for Multinational Firms
· Outline a method for managing capital structure.
· Evaluate the effect of dividend policy on stock price.
· Compare and contrast leasing with debt or equity finance.
· Describe the characteristics of international debt and equity instruments.
Week Six: International Financial Planning
· Analyze the effect of price setting on capital budgeting.
· Explain the methods, pitfalls, and benefits of capital rationing.
· Create a financial plan for an international organization.
· Discuss foreign direct investment.