- Fall 2010 (Austin MBA Program)
examines the market for private equity. Private equity is a
major source of capital for new and established private firms.
The size of the organized private equity market has grown
dramatically since the early 1990s. For example, capital
committed to U.S. private equity firms increased from $8 billion
in 1991 to over $250 billion in 2007. Even with the
much-publicized decline in private equity investment,
commitments to private equity funds totaled over $175 billion in
2008. Despite the recent decline in capital commitments, the
organized private equity market remains, and will continue or be
a major component of the capital markets.
objective of this course is to provide students with an
understanding of the nature of the private equity market, the
principal participants in this market, and the financial
strategies that they employ. Topics covered include: How private
equity funds are raised, structured, and financed; contracting
in private equity markets; valuation of private equity
interests; sources of capital for private companies; strategies
for value creation; mergers and acquisitions, and exit
Prerequisites for this course
are BA 385T, FIN 397.1, and FIN 394.1.
Financial Management - Spring 2010 (Dallas MBA Program)
course covers fundamental concepts in finance. It provides a
framework for analyzing investment and financing decisions. The
course introduces students to financial concepts and their
application through a combination of lectures and case
problems. The main emphasis is on how to evaluate investment
and financing opportunities in a corporation. The course
examines investment decisions, financial policy, dividend
policy, and issues in corporate control.
R. Parrino and D.S. Kidwell,
2009, Fundamentals of Corporate Finance,
New York, NY, John Wiley &
R. Parrino, D.S. Kidwell, and T.
Bates Fundamentals of Corporate Finance,
2ed, New York, NY, John Wiley &
Sons, Inc., forthcoming Fall 2011.