COURSE NUMBER: MBA231.2

COURSE TITLE: Corporate Finance

UNITS OF CREDIT: 3.0 Units

INSTRUCTOR: Gustavo Manso

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

PREREQUISITE(S): MBA203

CLASS FORMAT: Cases, lectures

REQUIRED READINGS:

J. Berk and P. DeMarzo, Corporate Finance, 4^th ed., Pearson, 2017

R.C. Higgins, Analysis for Financial Management, 11th ed., Irvin, McGraw-Hill, 2015

BASIS FOR FINAL GRADE: Final, cases, class discussion

ABSTRACT OF COURSE'S CONTENT AND OBJECTIVES:

The course takes as its viewpoint the CFO of a firm. We assume that the CFO’s job is to maximize firm value and deal with three types of decisions: which projects to invest in, how to finance that investment, and how to manage the cash flows of the firm. This is an applied course that will primarily use case studies to introduce financial tools needed to make value-enhancing business decisions.

CAREER FIELD: All Career Fields

BIOGRAPHICAL SKETCH:

Gustavo Manso received his Ph.D. in Finance from Stanford Graduate School of Business. Prior to joining Haas in 2012, Manso served on the faculty of MIT Sloan School of Management. His research in the areas of corporate finance, entrepreneurship, and organizations has been published extensively in leading academic journals and has received numerous awards. Some of his recent research projects have been concerned with incentives for innovation and dynamic investment and financing decisions of firms. At Haas, Manso teaches “Corporate Finance,” an MBA elective. In 2012, he was awarded the Earl F. Cheit Award for Excellence in Teaching in the full-time MBA program.