Corporate Finance

Aswath Damodaran is a professor of finance at the Stern School of Business at New York University, and teaches the corporate finance and equity valuation courses in the MBA program. He received his MBA and Ph.D. from the University of California at Los Angeles. His research interest lie in valuation and applied corporate finance.He has published articles in the Journal of Financial and Quantitative Analysis, the Journal of Finance, the Journal of Financial Economics, and the Review of Financial Studies, and has written two books on equity valuation (Damodaran on Valuation and Investment Valuation) and two on corporate finance (Corporate Finance: Theory and Practice and Applied Corporate Finance: A User's Manual). He has co-edited a book on investment management with Peter Bernstein (Investment Management) and is working on a book on investment philosophies.He was a visiting lecturer at the University of California, Berkeley, from 1984 to 1986, where he received the Earl Cheit Outstanding Teaching Award in 1985. He has been at NYU since 1986, received the Stern School of Business Excellence in Teaching Award (awarded by the graduating class) in 1988, 1991, 1992, and 1999 and was the youngest winner of the University-wide Distinguished Teaching Award (in 1990). He was profiled in Business Week as one of the top twelve business school professors in the United States in 1994.

• Introduction to Corporate FinanceThe Objective in Corporate FinanceThe Time Value of MoneyUnderstanding Financial StatementsValue and Price: An IntroductionThe Basics of RiskEstimating Hurdle Rates for FirmsEstimating Hurdle Rates for ProjectsEstimating Earnings and Cash Flows on ProjectsInvestment Decision RulesInvestment Analysis with Inflation and Exchange Rate RiskProject Interactions, Side Benefits and Side CostsInvestments in Non-Cash working CapitalInvestments in Cash and Marketable SecuritiesInvestment Returns and Corporate StrategyAn Overview of Financing ChoicesThe Financing ProcessThe Financing MixThe Optimal Financing MixFinancing Mix and Choices Dividend PolicyAnalyzing Cash Returned to StockholdersBeyond Cash Dividends: Buybacks, Spin Offs and DivestituresValuation: Principles and PracticeValue Enhancement: Tools and TechniquesAcquisitions and TakeoversOption Applications in Corporate Finance