Please note that this description was taken from Fall 2012. New information will be posted when available.

COURSE NUMBER: EWMBA 231.1

COURSE TITLE: Corporate Financial Management

UNITS OF CREDIT: 3

INSTRUCTOR: Susan Cheng

E-MAIL ADDRESS: susan_cheng@haas.berkeley.edu  

CLASS WEB PAGE LOCATION: https://bspace.berkeley.edu/portal 

MEETING DATE/TIME:  Wednesdays, 6:00PM-9:30PM

PREREQUISITE(S): EWMBA203

CLASS FORMAT: The class is comprised of lectures and case discussions. 

REQUIRED READINGS:   1 text and a course reader with cases

BASIS FOR FINAL GRADE:

            Class Participation      +/- 10% of your grade

Midterm                      20% of your grade

Final                            30% of your grade

            5 cases                         40% of your grade (to be done in groups)      

ABSTRACT OF COURSE'S CONTENT AND OBJECTIVES:

This course is a continuation of EWMBA 203. It covers techniques for valuing projects and corporations, topics in capital structure (payout policies, distress, mergers and acquisitions, public financing), topics of interest relating to small companies (working capital management, private equity financing, venture capital), and an introduction to real options (time permitting) . The course is meant to provide a good understanding of major issues confronting financial managers in companies large and small.

BIOGRAPHICAL SKETCH: 

Susan Cheng is currently the managing director of IDG Venture Services which oversees and coordinates activities across the IDG global family of venture and private equity funds (www.idgventures.com).  In 1997, she helped to found IDG Ventures in San Francisco, a venture capital fund investing in early-stage IT and new media companies.  As a general partner and CFO of the fund, Dr. Cheng represented IDG Ventures on the boards of fourteen portfolio companies.  In 2007, Dr. Cheng retired from active investment in new companies.  Prior to her work with IDG Ventures, Dr. Cheng was Vice President and Treasurer of Teknekron Corporation where she managed portfolios of both public and private investments. 

Before entering the private equity, Dr. Cheng was an assistant professor at Columbia University Graduate School of Business and at UC-Berkeley Haas School of Business. Dr. Cheng has a PhD in finance from Stanford University, an MBA from the University of Pennsylvania – Wharton, and a MA and BA in Mathematics from the University of Illinois and Northwestern University, respectively.