Business School

School of Banking and Finance

FINS 3625
APPLIED CORPORATE FINANCE

Course Outline
Semester 2, 2018

business.unsw.edu.au

CRICOS Code 00098G

 Table of Contents
PART A: COURSE-SPECIFIC INFORMATION 2
1 STAFF CONTACT DETAILS 2
2 TEXTBOOK 2
3 COURSE SCHEDULE 3
4 TUTORIAL SCHEDULE 4

business.unsw.edu.au

CRICOS Code 00098G

 PART A: COURSE-SPECIFIC INFORMATION

1 STAFF CONTACT DETAILS

Lecturer-in-charge: Kyung Shim
Room: Business School 306
Email: k.shim@unsw.edu.au
Consultation Times – Fridays 2:00 to 3:00 (or by appointment)

Co-lecturer: Asfandyar Uppal

Room: TBA
Email: asfandyar.uppal@unsw.edu.au; a.uppal@alternativedebt.net
Consultation Times – Thursdays 2:00 to 4:00 (or by appointment)

2 TEXTBOOK

Intermediate Financial Management 13th Edition by Brighman & Daves.

Students are advised to purchase the eBook version of the textbook since it is less than 10% the cost
of a print copy.

The textbook can be purchased from the following links:

https://cengage.com.au/product/division/university/title/intermediate-financial-
management/isbn/9781337395083

https://www.cengagebrain.com.au/shop/ProductDisplay?langId=-
1&storeId=10656&catalogId=10058&productId=775469

business.unsw.edu.au

CRICOS Code 00098G

 3 COURSE SCHEDULE
Tutorials start in Week 2 and finish in Week 13.
Lectures start in Week 1 and finish in Week 12.

COURSE SCHEDULE
Week Lecture Topic References Lecturer
Week 1 Introduction and Forecasting Financial
Ch 9 Uppal
23 July Statements
Week 2
Cost of Capital Ch 11 Uppal
30 July
Week 3
Corporate Valuation Ch 8 & 9 Uppal
6 August
Week 4
Capital Budgeting and Risk Analysis Ch 13 Uppal
13 August
Week 5
Financial Options Ch 5 Uppal
20 August

Week 6 Ch 14
Real Options and Valuation Issues Uppal
27 August

Week 7
Hybrid Securities Ch 20 Shim
3 September
Week 8
Guest Speaker TBA
10 September
Week 9 In-Class Midterm Exam. Topics from week 1 to 5
Shim
17 September inclusive

Mid-semester break: 22 September – 1 October inclusive (1 Oct = Labour Day Public Holiday)

Week 10
Capital Structure Ch 16,17 Shim
1 October
Week 11
Mergers and Acquisitions Ch 28 Shim
8 October
Week 12 Issues Related to Raising Capital, Role of
Ch 29 Shim
15 October Investment Banks and Financial Restructuring
Week 13
NO LECTURES
22 October

business.unsw.edu.au

CRICOS Code 00098G

 4 TUTORIAL SCHEDULE

Tutorials start in Week 2 and finish in Week 13. Study cases can be purchased directly from Harvard
Publishing. Please go to https://hbsp.harvard.edu/import/550335 .

Please note that submitted study case reports will be verified for plagiarism via Turnitin.

TUTORIAL SCHEDULE
Week Topic Study Case Activity
Week 1
NO TUTORIALS
23 July
Students report to tutors
Week 2
Introduction and Forecasting Financial Statements Ch 9 and form groups for case
30 July
studies.
Week 3
Cost of Capital Ch 11
6 August
Week 4
Corporate Valuation Ch 8 & 9
13 August
Week 5 Case 1: Marriott Corp.:
Capital Budgeting and Risk Analysis Ch 13
20 August Cost of Capital
Week 6
Financial Options Ch 5
27 August

Week 7
Real Options and Valuation Issues Ch 11
3 September

Week 8
Midterm Review
10 September

Week 9 Case 2: Larry Steffen:

Hybrid Securities Ch 20 Valuing Stock Options in
17 September Compensation Package
Mid-semester break: 22 September – 1 October inclusive (1 Oct = Labour Day Public Holiday)

Week 10 Case 3: New Heritage Doll

Real Options and Hybrid Securities Ch 14, Ch 20
2 October Co.: Capital Budgeting
Week 11
Capital Structure Ch 15, 16
8 October
Week 12
Mergers and Acquisitions Ch 28
15 October
Week 13 Issues Related to Raising Capital, Role of Investment Case 4: Blaine Kitchenware
22 October Banks and Financial Restructuring Ch 29 Inc.: Capital Structure

business.unsw.edu.au

CRICOS Code 00098G