Joe Wayne Byers' Home Page
FSEAL

Joe Wayne Byers

Formerly Assistant Applied Professor of Finance


 Phone: (713) 802-1297
Cell: (918) 269-1598 Email:  FinancialSEAL@FinancialSEAL.com
Disclaimer:  The following web pages are my pages from my former position at the University of Tulsa.  These pages do not in anyway imply that I am currently affiliated with the university.  I only provide my archives here for informational purposes only.  Thank you Joe W. Byers 


FINANCIAL ADMINISTRATION

Finance 7003

Pre-requisite Skill Set 

Financial Mgmt Objectives, Capital Markets and  Interest Rates (B&E C:1)

  1. Financial management
    1. Forms of business organization
    2. Objective of the firm: Maximize wealth
    3. Determinants of stock pricing
  2. The financial environment
    1. Financial instruments, markets and institutions
    2. Interest rates and yield curves

Time Value of Money (B&E C:2)

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  1. Future value: lump sum, annuities, and uneven cash flows.
  2. Present value: lump sum, annuities, and uneven cash flows.
  3. Rates of return: periodic rates and rate conversions (APR and EAR)

Financial Statements and Cash Flows (B&E C:3)

  1. Balance sheet
  2. Income statement
  3. Statement of cash flows
  4. Accounting income versus cash flow
  5. MVA and EVA
  6. Corporate taxes

Risk and Return: Basics (B&E C:4)

  1. Basic return concepts
  2. Basic risk concepts
  3. Stand-alone risk
  4. Portfolio (market) risk
  5. Risk and return: CAPM/SML

Bonds and Their Valuation (B&E C:6)

  1. Key features of bonds
  2. Bond valuation
  3. Measuring yield
  4. Assessing risk

Stocks and Their Valuation (B&E C:7)

  1. Features of common stock
  2. Determining common stock values
  3. Efficient markets
  4. Preferred stock

Basics of Capital Budgeting    (B&E C:10)

  1. Basics
    1. Why do we need capital budgets.
    2. Steps of capital budgeting.
    3. Independent and mutually exclusive projects.
    4. Capital rationing.
  2. Methods
    1. Payback, discounted payback
    2. NPV
    3. IRR, MIRR
  3. Unequal lives
  4. Economic life

Statistical Methods (Business Stats)

  1. Mean (average)
  2. Variance and Co-variance
  3. Correlation
  4. Regression Analysis: parameter estimations and goodness-of-fit statistics
  5. Basics of Probability Distributions