The course applies the basic concepts of corporate finance learnt in earlier courses to a variety of problems in corporate finance. Examples are valuation, takeovers, the measurement of value created, mergers, capital structure, project finance, and foreign direct investment. These are studied in the context of real cases.

The role of information and incentives in determining the forms of financing a firm chooses; hedging; venture capital; initial public offerings; investment in very large projects; the setting up of a "bad" bank; the securitisation of commercial and industrial loans; the transfer of catastrophe risk to financial markets; agency in insurance; and dealing with a run on an insurance company.