Fixed income valuation.

• Introduction to steps involved in issuing debt.

• Recent theoretical developments in estimating credit risk of debt instruments.

• Demonstrate the application of capital structure theory in real-life settings.

• Outline the sequence of decisions in a financing program.

• Introduction to recent advances in capital structure theory.

• Introduce the concept of Adjusted Present Value.

• Demonstrate the application of capital structure theory in a real-life setting.

• Provide an overview of the power sector in India.

• Sensitize students to the steps involved in executing a financing program.

• Provide an overview of the project finance market.

• Introduction to project financing as a means to achieve financial objectives.

• Provide a rationale for project finance.

• Provide an overview of sources of project finance and the role of multilateral agencies.

• Sensitize students to valuation issues in project finance settings.

• Demonstrate the application of project finance in real life.

• Provide an overview of the captive power market in India.

• Demonstrate the valuation of a project finance transaction.

• Demonstrate how risk sharing is achieved in project finance.

• Introduction to leasing as an alternative to borrow-and-buy.

• Provide a rationale for leasing.

• Highlight theoretical issues in the valuation of leasing.

• Highlight the creative usage of leasing in marketing new technologies.

• Highlight the theoretical debate surrounding the dividend policy of a firm.

• Contrast dividends with stock repurchases.

• Provide a rationale for stock repurchases.

• Provide a rationale for bonus shares.

• Shed light on dividend policy around the world.

• Illustrate the sources of cash build up.

• Illustrate how future free cash flow is estimated.

• Illustrate the impact of dividends and stock repurchases on the financial statements of a firm.

• Illustrate the mechanics of dividends and stock repurchases.