Business Finance 620 at OSU: A Deep Dive

Business Finance 620, typically a core course in MBA programs at The Ohio State University’s Fisher College of Business, delves into advanced financial management principles and their practical application in corporate settings. This course builds upon foundational finance knowledge, equipping students with the analytical tools and strategic thinking required to make informed financial decisions.

The curriculum generally covers a broad range of topics. A significant portion is dedicated to valuation, exploring various methodologies like discounted cash flow (DCF) analysis, relative valuation using multiples, and real options analysis. Students learn to critically evaluate assumptions underlying these models and understand their limitations in different contexts.

Capital budgeting is another key area of focus. The course examines advanced techniques for evaluating investment projects, considering factors like risk, uncertainty, and the time value of money. Sensitivity analysis, scenario planning, and simulation are often employed to assess project viability under different economic conditions.

Capital structure decisions form a crucial part of the syllabus. Students analyze the trade-offs between debt and equity financing, considering factors such as tax shields, financial distress costs, and agency problems. They learn about optimal capital structure theories and how to apply them in practice.

Risk management is increasingly emphasized, reflecting the growing complexity of the global financial landscape. The course explores various types of financial risk, including market risk, credit risk, and operational risk. Students learn about hedging strategies and risk mitigation techniques using derivatives and other financial instruments.

Beyond the theoretical framework, Business Finance 620 often incorporates case studies of real-world companies. These case studies provide students with the opportunity to apply the concepts learned in class to complex business situations, develop their problem-solving skills, and refine their decision-making abilities. Group projects and presentations are also common, fostering collaboration and communication skills.

Furthermore, the course often features guest speakers from the finance industry, providing students with insights into current trends and challenges. These speakers share their experiences and perspectives, offering valuable networking opportunities.

Students completing Business Finance 620 at OSU’s Fisher College of Business are well-prepared for careers in investment banking, corporate finance, consulting, and other finance-related fields. The course provides a strong foundation for understanding and managing financial risk, making sound investment decisions, and creating value for shareholders.