Advanced Corporate Finance
Due After the Final
Project Presentation via Zoom
As an elite team of management consultants, you are invited by the Board of Governors
to review and advise on the financial management practices of the company of your
What to submit?
1. Project report (word or pdf file): this should include your analysis, conclusions, and
recommendations to your client. Use exhibits (charts, graphs, tables, etc.) to
illustrate your findings.
2. Excel file: this should include your original data and calculations using the data.
3. Presentation (PowerPoint file): this is the group presentation to be given in class.
Data: Select the company that you would like to analyze and gather the following data:
a. A recent quarterly or annual report of the company. Reading through one of the
company’s quarterly or annual reports will help tremendously on understanding the
company and the rest of the project.
b. Gather at least two fiscal years of financial data from the company’s filings (ideally
we would use a time series of four years. You can also choose to use previous four
quarters). You should use Excel to store and process your data. The Excel file you
use should be submitted as an attachment separately from the project report.
c. Choose at least one comparable company to analyze. Give reasons and criteria you
use in choosing comparables. You can also use industry averages as your
Project report: The project report should include, but not limited to:
a. The introduction section should give a brief overview of the company’s business and
segments. Reading through one of the company’s quarterly or annual reports will
help tremendously on understanding the company and the rest of the project.
b. Review the company’s capital structure (leverage), calculating appropriate ratios,
tracking changes through the year, tax savings from interest (if any), indications of
potential financial distress, etc. Compare the company’s policy with the comparable
company’s capital structure (or the industry average).
c. Review the company’s retain/payout, dividend/repurchase practices. Compare the
company’s policy with the comparable company’s retain/payout,
dividend/repurchase practices (or the industry average).
d. Review the company’s short-term financial management practice, including, but not
limited to, firm’s operating and cash cycle, accounting liquidity, short-term
borrowings, and short-term investments in marketable securities. Compare the
company’s policy with the comparable company’s short-term financial management
practice (or the industry average).
e. Choose ONE from the following topics of corporate finance on which to review the
practice of the company of interest: 1) International operations, 2) Enterprise risk
management, 3) use of Options, 4) past and potential Mergers and Acquisitions, 5)
Leasing. Compare the company’s policy with the comparable company’s practice
(or the industry average).
f. In the concluding section you should give your evaluations (seals of approval) or
recommendations separately on each aspect of financial management that you
a. Please make sure to include any assumptions you made in your analysis.
b. Each team should turn in one version of the report. Please make sure to include any
citation of the materials used.
The presentation is your opportunity to explain your findings and recommendations to the Board.
Each team should prepare a PowerPoint presentation of approximately 10 minutes. Each team
member should be prepared to speak during the presentation.