Master's of Business Administration without Thesis

• Professor Güray Küçükkocaoğlu

At the end of this course, the students;

1. Estimate the cost of capital for the whole firm, individual divisions as well as the specific projects with advanced techniques such as the marginal cost of capital (MCC) schedule
2. Solve capital budgeting problems by risk-adjusted discount rate approach and certainty equivalent approach
3. Explain and evaluate the Modigliani and Miller (MM) capital structure model (with and without taxes) and the Miller model
4. Describe the impact of financial distress, agency costs and asymmetric information on capital structure
5. Explain dividend theories such as the residual theory of dividends and the Miller and Modigliani's irrelevance argument
6. Identify other factors that influence dividend policy
7. Apply the principles of working capital management

• Lecture
• Discussion