finance - School of Continuing and Professional Studies - New York ...

SCPS.NYU.EDU/FINANCE
FINANCIAL
ANALYSIS
The credit crisis, the economic downturn, and
stock market fluctuations reinforce the need
for financial analysis to help companies maximize
assets and find value for consumers
and investors. Our courses provide the indepth
training to assess the viability, stability,
profitability, and liquidity of private business,
public companies, and projects.
Fundamentals of Corporate Finance
FINA1-CE9140/$835
W Sec. 1: Mon. 6.30–9 p.m., May 23–July 25
(8 sessions). Robert K. Nagle, CFA, associate
director, Moody’s Analytics.
N Sec. 2: Thurs. 6.30–9 p.m., May 26–July 14
(8 sessions).
M Sec. 3: Sat. 10 a.m.–2 p.m., June 11–
July 16 (5 sessions). No class July 2.
N Sec. 4: Wed. 6.30–9 p.m., June 15–Aug. 3
(8 sessions). Leonard Blum, managing partner,
Westwood Capital, LLC.
Learn to analyze methods of financing
using internal and external funds. This introduction
to corporate finance emphasizes
the use of long-term debt, preferred stock,
common stock, and convertibles in the financial
structure of a corporation. Topics
include financial management, corporate
growth, business failures, return on investment,
risk leverage, the time value of
money, dividend policy, debt policy, and
leasing. 2.0 CEU (24 50-minute hours)
Techniques of Financing Corporations
FINA1-CE9670/$825
N Sec. 1: Tues. 6.30–9 p.m., June 14–Aug. 2
(8 sessions). John Wamboldt, senior vice president–middle
market lending, Capital One Bank.
Understand the fundamental principles of
corporate finance, concentrating on cash
flow and the financing of each asset line of
the balance sheet. Various forms of financing
are discussed, including conventional
term loan arrangements, asset-based lending,
revolving credit lines, factoring, letters
of credit, and long-term debt options.
Finally, focus on what effect the various financing
options may have on the potential
success of a business and the market price
of a corporation’s stock during this period.
The bank/corporation relationship is also
discussed. 2.0 CEU (24 50-minute hours)
Faculty
Learn from instructors who
are leaders in their fields.
For NYU-SCPS faculty bios,
visit scps.nyu.edu/faculty.
NEW
Intermediate Corporate Finance
FINA1-CE9145/$825
W Sec. 1: Sat. 11 a.m.–3 p.m., June 4–
July 9 (5 sessions). Serge Wind,
professor, DeVry University.
Building on the concepts covered in
Fundamentals of Corporate Finance, this
course gives students a better understanding
of the importance of value maximization
in the finance world. Acquire the
ability to assess decisions for their contribution
to value maximization, setting the
valuation of the firm as the overall goal.
Topics include capital structure and the
financing decision, the risks and costs of
equity and debt, portfolio risk, hurdle rate
determination, measuring returns in projects
and the investment decision, valuation
of the firm, hybrid financing, and mergers
and acquisitions. Prerequisite: Fundamentals
of Corporate Finance/FINA1-CE9140 or
equivalent knowledge. 3.0 CEU
(30 50-minute hours)
Advanced Corporate Finance
FINA1-CE9149/$825
W Sec. 1: Sat. 11 a.m.–3 p.m., July 16–
Aug. 13 (5 sessions). Serge Wind, professor,
DeVry University.
Gain an understanding of corporate finance
and financial management functions in this
continuation of Fundamentals of Corporate
Finance and Intermediate Corporate Finance.
Topics include cash flow analysis and risk
analysis, financial statement analysis, financial
planning and forecasting financial statements,
working capital management, lease
financing, financial and real options, bankruptcy
and liquidation, mergers and acquisitions,
risk management and derivatives,
and multinational financial management.
Prerequisite: Fundamentals of Corporate
Finance/FINA1-CE9140 or equivalent
knowledge.
Valuing a Business
FINA1-CE9677/$750
N Sec. 1: Wed. 6.30–8.30 p.m., May 25–
July 27 (10 sessions). Mark Lee, CFA, principal,
Eisner, LLP; and Edward Impastato.
Examine the fundamental methods
employed in valuing a business. Major
emphasis is placed on the discounted
cash flow (DCF) method. Other methods
explored include comparative market value,
book value, the earnings approach, replacement
value, liquidation value, and the
factor approach. Finally, students analyze
and evaluate a company of their choice by
using the DCF approach and applying
other appropriate valuation methods.
Prerequisites: Fundamentals of Corporate
Finance/FINA1-CE9140 and Financial
Accounting: Part I/ACCT1-CE8101 or
equivalent knowledge. 2.0 CEU
(24 50-minute hours)
Financial Modeling in Corporate
Financial Analysis Using Excel
FINA1-CE9675/$895
M Sec. 1: Thurs. 6.30–9 p.m., June 9–July 28
(8 sessions). Merav Ozair
M Sec. 2: Sat. 9 a.m.–2 p.m., July 9–30
(4 sessions).
In this lab-based course, gain expertise in
the quantitative methods used by securities
analysts to evaluate and value publicly
traded securities. After a brief review of
present value, accounting, and statistics,
learn how to make investment decisions
based upon present value and other quantitative
techniques. Use Excel formats and
layouts to create discounted cash flow
and relative valuation models. Receive instruction
against the backdrop of current
market trends; financial news; and other
factors that affect stock valuation, specifically,
how the quantitative models interact
with changes in security or market attributes.
Students must have a general knowledge
of finance and accounting, plus previous
exposure to Excel. 2.0 CEU (24 50-minute
hours)
DERIVATIVE
INSTRUMENTS
Learn about the latest technical methods
and expertise employed by analysts to
evaluate securities and their derivative instruments.
Principles of Financial Modeling
FINA1-CE9685/$790
N Sec. 1: Wed. 6.30–8.45 p.m., May 25–
July 20 (9 sessions). Andrew T. Long,
venture capital consultant.
W Sec. 2: Mon. 6.30–9 p.m., May 23–July 25
(8 sessions). David Gault, executive director,
Brightwater Capital.
Financial models are an integral part of
nearly all major business decisions. The
advent of spreadsheet tools, such as Excel,
has greatly enhanced the modeler’s power.
Paradoxically, such tools have often reduced
the accuracy of the models produced.
Increase your ability to analyze business
problems and translate that analysis into
financial models that are more flexible,
more reliable, and ultimately, more useful.
Students must have knowledge of basic accounting
and finance. 2.0 CEU
(24 50-minute hours)
BANKING AND
FINANCE
Learn the corporate financing functions utilized
inside banks and corporations, including
capital markets, financial instruments,
and decision models.
The Business of Microfinance:
An Advanced Course
FINA1-CE9014/$495
N Sec. 1: Thurs. 6.30–8.45 p.m., June 2–
July 28 (9 sessions).
Dig beneath the public relations story of
microfinance to analyze the more sophisticated
mechanics of the industry. Assess the
validity of claims that microfinance is “decoupled”
from mainstream economic activities
and dynamics; analyze the dangers
of over-indebtedness; explore links to the
international capital markets; and identify
useful metrics for evaluating an institution’s
success. Analyze the difference between
micro and SME lending; discuss the
recent development and adoption of social
performance measurement tools; assess the
usefulness of financial, operational, and social
ratings; and explore the growth of an
industry in developed countries such as the
United States. Prerequisite: Microfinance/
FINA1-CE9603 or equivalent experience.
Business Models for
Social Entrepreneurship
FINA1-CE9251/$750
N Sec. 1: Tues. 6.30–9 p.m., May 31–July 19
(8 sessions).
Learn how to apply principles of business
and finance to ameliorate social disadvantages.
Develop knowledge of practical skills
and examine case studies to gain a broad
perspective of the creative ways in which
these skill sets are being applied to improve
society. Students present a group
project to the class and demonstrate their
knowledge in midterm and final exams.
Financial Analysis in Visual Basic
FINA1-CE9674/$895
M Sec. 1: Mon. 6.30–9 p.m., June 6–Aug. 1
(8 sessions).
Address basic financial problems encountered
in the workplace, ranging from options
pricing to calculating the yield
distribution of an investment opportunity.
Designed for students with some financial
knowledge who wish to move beyond the
constraints of Excel, this course provides a
deeper understanding of financial processes
using the more versatile analysis language
of the standard Excel application Visual
Basic. Discuss problems and potential
Visual Basic-based solutions. Explore the
techniques underlying solutions, and learn
to write Visual Basic routines from scratch.
Prior knowledge of Visual Basic is not
required. Students must have knowledge
of basic financial and statistical principles.
2.0 CEU (24 50-minute hours)
TO REGISTER: (212) 998-7150 FOR MORE INFORMATION: (212) 998-7200
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