Corporate Finance (Sarin)
TR 10:30AM - 11:50AM
This is an introductory finance course, built for lawyers. I will tailor examples that will be most helpful to you in future practice (e.g., a focus on valuation). The objective of the course is that you develop the tools and analytical capacities to understand financial decisions in organizations and society, enabling you to function effectively in a corporate setting. We will cover four main areas: value and capital budgeting (how to work with rates of return in deciding whether a project is worth undertaking), risk and return (how does risk shape corporate decision-making?), capital structure (how do firms decide what mix of debt and equity to use to finance themselves?), and market (in)efficiency. You will learn how to glean information from financial statements and valuation techniques. Course grades will be split evenly between problem sets that I will assign throughout the semester and class participation; and a final exam.