1. Introduction

This is an important course for students specializing in the area of finance. It exposes students to a wide range of finance related topics, including issues affecting the current financial environment of business firms. The course integrates material from previous courses taken in the finance concentration and introduces the topics of capital budgeting and the process of obtaining long-term funds. Students will articulate the principles and tenets of a significant, contemporary issue relevant to financial decision-making. This course may enhance the understanding of the students regarding the recent research in the area of finance. Integrate critical-thinking skills in evaluating significant contemporary financial issues. Analyze a capital budgeting project using the net present value and internal rate of return techniques and provide a supportable recommendation. Estimate the cost of capital for a firm. Analyze competing long-term financing alternative and provide a supportable recommendation. The course will involve critical review and evaluation of existing work and potential avenues for future research.