MGT 760 Advanced Financial Topics

MGT 760 Advanced Financial Topics introduces you to the techniques and tools of advanced financial management. With a clear emphasis on the business for both profit and non-profit organizations, the coursework provides an ideal resource for managing all the financial aspects of a corporation. Coverage is given to the latest financial tools, practices, and trends.

The text uses real-world examples and case studies, providing skills and knowledge that are easily transferable to the business world. From overviews of the financial instruments available to business professionals, you will gain a sound balance of the theory with practice.

Coursework Highlights

Coursework is designed for applying financial theory to business practice. Here are examples of some assignments you may complete as part of MGT 760 Advanced Financial Topics.

  • Participate in weekly financial management discussion assignments in the class discussion forum and reply to peers’ responses.
  • Answer weekly case study questions with an in-depth, well-formulated thesis on topics from multinational financial management to mergers, and pensions to portfolio theory.
  • Research and write an original case study paper that illustrates your thorough understanding of an array of advanced financial topics.

Weekly Themes

Each week of this course focuses on a different theme. Your group discussions and coursework will align with the week’s theme as well as its primary objectives. All weekly course material is proposed and subject to change.

Week 1 – Introduction to Global Markets and Leases

During the introduction week, you’ll discuss many key trends affecting the global markets, differences between multinational and domestic financial management, and use of leased land and equipment. Among many things, you’ll explore the following topics in detail:

  • Financial Management of Multinational Corporations vs. Domestic
  • Exchange, Interest, and Inflation Rates
  • International Trade and Monetary Systems
  • International Money and Capital Markets
  • Lease, Lessee, and Lessor Analysis and Rationale

Week 2 – Hybrid Financing and IPOs

In week two, you’ll explore hybrid financing and IPOs, such as preferred stock, convertibles, and warrants, as well as the characteristics of debt and equity. Among many things, you’ll discuss the following topics in detail:

  • Calculation and Comparison of Preferred Stock, Warrants, and Convertible Securities
  • Financial Life Cycle of a Start-up Company
  • Decision and Process to Go Public vs. Private
  • Raising Funds and Investment Banking in Capital Markets
  • Refunding Operations and Managing Financing Risks

Week 3 – Corporate Growth: Mergers, Buyouts, Expansion, and Bankruptcy

Throughout week three, you’ll examine corporate growth via mergers, leveraged buyouts, divestures, and holding companies. Bankruptcy by means of rehabilitation vs. forced liquidation is also reviewed. Among many things, you’ll explore the following topics in detail:

  • Merger Types, Rationale, and Activity
  • APV, FCFE, and Three Valuation Approach Calculations
  • Corporate Alliances, Leveraged Buyouts, Divestitures, and Holding Companies
  • True Consolidation, Financial Distress, and Settlements
  • Bankruptcy Law, Reorganization, Liquidation, and Motivation

Week 4 – Risk Management, Derivative Securities, and Asset Pricing Models

During the midpoint week of the course, you’ll analyze the various types of risks that companies face, and the basic principles of corporate risk management. Various asset pricing models, portfolio theory, and behavior finance are discussed. Among many things, you’ll explore the following topics in detail:

  • Corporate Risk and Return Management, and Behavior Finance
  • Derivative Types and Background
  • Portfolio Types and Theory
  • Asset Pricing Models (CAPM, Arbitrage Pricing Theory, and Fama-French Three-Factor)
  • Capital Market Line, Security Market Line, and Beta Coefficients Calculations

Week 5 – Real Options, DCF, and Capital Budgeting Decisions and Structure Theory

As you progress to week five, you’ll dive into real options, and DCF (discounted cash flow) valuation techniques and criticisms. More detail about capital structure theory as it relates to costs associated with debt financing is explored. Among many things, you’ll discuss the following topics in detail:

  • Valuing of Real Options (Risky Debt and Equity)
  • Calculate Investment Timing Option and Growth Option
  • Capital Structure Theory
  • Criticisms of the Modigliani-Miller and Miller Models
  • Nonzero Growth and a Risky Tax Shield

Week 6 – Credit, Short-term Financing, and Cash and Inventory Management

In week six, you’ll expand your knowledge of credit and costs of short-term financing. Other subjects include cash and inventory management and control, and types of working capital. Among many things, you’ll discuss the following topics in detail:

  • Credit Policy, Period, Standards, and Collection
  • Payments Pattern Approach to Monitoring Receivables
  • Bank Loans, Costs, and Bank Selection
  • Inventory Control Systems and Accounting
  • Economic Ordering Quantity (EOQ) Model and Extensions

Week 7 – Pension Plans: Management, Regulation, and Effects

Throughout this week, you’ll analyze the different types of pension plans, their management and regulation, and effects on both individuals and firms. Among many things, you’ll discuss the following topics in detail:

  • Pension Plan Types, Management, Regulations, and Risks
  • Plan Strategy Development and Fund Investment Performance
  • For-Profit (Investor-Owned) vs. Not-for-Profit Businesses
  • Capital Cost, Structure, Budgeting, and Financing Decisions
  • Financial Analysis, Planning, and Forecasting

Week 8 – Case Study and Final Exam

During the last week, you’ll illustrate your understanding of the course objectives by completing an original case study paper that showcases that you’ve learned:

  • Multinational, Domestic, and Not-for-Profit Financial Management
  • Lease Financing
  • Hybrid Financing: Preferred Stock, Warrants, and Convertibles
  • Initial Public Offerings, Investment Banking, and Financial Restructuring
  • Mergers, LBOs, Divestures, and Holding Companies
  • Bankruptcy, Reorganization, and Liquidation
  • Derivatives and Risk Management
  • Portfolio Theory, Asset Pricing Models, and Behavioral Finance
  • Real Options
  • Analysis of Capital Structure Theory
  • Providing and Obtaining Credit
  • Advanced Issues in Cash Management and Inventory Control
  • Pension Plan Management

Get Started

To learn more about this course or other courses in the online MBA program from the University of Saint Mary, call 877-307-4915 to speak with an admissions advisor or request more information.