Corporate Finance develops the “art and science” of optimal strategic
decision-making by applying corporate financial theory to cases of
financial policy, financial instruments and valuation. In particular,
the following topics are studied: cost of capital and capital budgeting,
discounted cash flow valuation and financial multiples, payout policy,
equity and debt financing, option pricing theory and applications,
corporate control and recapitalizations.
classes are structured to maximize the synergy between theory and
practice, providing students portable, durable and marketable tools for
their internships and careers.
class is suitable for students looking to make executive strategic
financial decisions, including investment bankers, consultants, CFOs and
corporate treasurers, portfolio and investment managers, and students
interested in private equity.
Corporate Finance should be considered a capstone course. This is an
advanced course in which students are expected to perform professional
level work. The class is open to both 1st and 2nd
year students who have completed B6302 Capital Markets and Investments,
as the material covered in B6302 is necessary throughout the course. In particular, students should be familiar with notions of options pricing including valuation using the Black-Scholes formula.
Adjunct Professor of Business
Professor Moon is a Partner and Managing Director of Morgan Stanley Private Equity. He initially joined Morgan Stanley Private Equity in 1998 and was promoted to Managing Director in 2002. He serves on the Investment Committee of Morgan Stanley Capital Partners. Prior to rejoining Morgan Stanley Private Equity in 2008, he was a Managing Director of Riverstone Holdings LLC where he served on the Investment Committees of...