What This Document Is
This resource is a comprehensive preparation guide for a midterm examination in FIN 321: Advanced Corporate Finance at the University of Illinois at Urbana-Champaign. It outlines the scope of the exam, key concepts to be tested, and provides logistical details for students. It’s designed to help you focus your study efforts and understand the expectations for successful performance on the assessment. The material centers around a real-world case study – Ben & Jerry’s – integrated with core course lectures and assignments.
Why This Document Matters
This guide is essential for any student enrolled in FIN 321 preparing for the midterm. It’s particularly valuable as you finalize your review strategy, ensuring you prioritize the most important areas of the course material. Reviewing this guide *before* beginning your intensive study will help you allocate your time effectively and identify areas where you may need further clarification. It’s best utilized in the days leading up to the exam, alongside your notes, textbooks, and completed assignments.
Topics Covered
* Corporate Structures and Financial Management Roles
* Financial Statement Analysis (Balance Sheet, Income Statement, Sources & Uses of Funds)
* Valuation Techniques (Assets, Bonds, Stocks, Perpetuities, Annuities)
* Investment Decision Rules (NPV, IRR)
* Risk Assessment and Management (CAPM, Beta, Sensitivity Analysis)
* Capital Structure and Financing Options (Debt, Equity, Internal Financing)
* Corporate Governance and Agency Problems
* Financial Planning and Present Value Concepts
What This Document Provides
* A detailed list of lecture and assignment material covered on the exam.
* Specific guidance on the exam format (open book/note, calculator policy).
* Key areas of focus for exam questions, categorized for efficient review.
* Test-taking advice to maximize performance under exam conditions.
* Information regarding pre-exam office hours for additional support.
* A clear indication of the types of calculations and conceptual explanations expected.
