Lecture Notes
Lecture Notes from Professor Betty Simkins of Oklahoma State:
What is Capital Budgeting  Quick overview of capital budgeting (12 pages).
What is Cost of Capital  Quick overview of cost of capital (13 pages)
Lecture Notes from the Global Financial Management Course at Duke University  Professors Alon Brav, Campbell R. Harvey, and Ernst Maug:
Discounting Techniques  Future values, present values, compounding, annuities, perpetuities, etc. (32 pages)
Valuation of Cash Flows  Investment Decisions & Capital Budgeting: Cash flows, net present value, irr, payback period, etc. (32 pages)
Bond Valuation  Types of bonds, bond pricing, term structure of interest rates, etc. (29 pages)
Capital Structure  Capital structures, use of leverage, effects of leverage, etc. (40 pages)
Valuation of Stocks  Characteristics of stocks, constant growth formula, yields, P/E ratios, mergers, etc. (35 pages)
Lecture Notes from the Asset Management Course at City University Business School in London  Dr. D. N. Tambakis:
The Capital Asset Pricing Model  Illustrative notes on calculating the cost of capital under CAPM. (13 pages)
Arbitrage Pricing Theory  Comparison to CAPM, basic framework, factor loading, etc. (11 pages)
Market Efficiency  Efficient market hypothesis, predictability of returns, etc. (11 pages)

Lecture Notes  Continued
Lecture Notes from the Financial Management Course at the University of Texas at Dallas  Professor Ted Day:
Investment Decision Rules  Descriptions of payback, accounting rate of return, net present value, internal rate of return, etc. (14 pages)
Capital Budgeting  Calculating cash flows, working capital requirements, net present values, etc. (18 pages)
Topics in Capital Budgeting  Measuring uncertainty,
economic value added, etc. (11 pages)
Exchange Rates  Foreign markets,
exchange rates, hedging, valuation in foreign currencies, etc.
(20 pages)
Risk Return  Adjusting for risk, risk premiums,
capital market line, portfolio risk, etc. (27 pages)
Capital Structure  How valuations change given a change in
the capital structure. (21 pages)
Links to More Courses
College Collaboration  Directory of Lecture Notes  eCampus Series  International Finance Course  Online Tutoring  Principles of Financial Management  Tutorial Guide
Video Lessons
50 Lessons  Business Video's  Khan Academy  MIT Sloan  PBS Series
Some Additional Stuff
 Corporate Finance: A Valuation
Approach by Professor
Simon Benninga of the Wharton Business School. This is a
collection of spreadsheets from the course. Click Here to download the set.
 Tutorial on the McKinsey Model for
Valuation of Companies. Working Papers and Excel Spreadsheets. Click Here to go directly to the download page.
