Session 1: Introduction to the Class

I laid out the structure for the class and an agenda of what I hope to accomplish during the next 15 weeks. In addition to describing the logistical details, I presented my view that corporate finance is the ultimate big picture class because everything falls under its purview. The “big picture” of corporate finance covers the three basic decisions that every business has to make: how to allocate scarce funds across competing uses (the investment decision), how to raise funds to finance these investments (the financing decision) and how much cash to take out of the business (the dividend decision). The singular objective in corporate finance is to maximize the value of the business to its owners. This big picture was then used to emphasize five themes: that corporate finance is common sense, that it is focused, that the focus shifts over the life cycle and that you cannot break first principles with immunity.

Great video. Thank you sir.
P.S.- One can skip to 26:30 to start with the learning.

[Gwynbleidd]

Thank you very much for an opportunity to watch/listen your lectures!!

[fairview]

In 3rd world nation like india, such knowledge doesn't exists. Feeling extremely fortunate to get the indepth process of Valuation right from this place & valued Eicher motors.
Thanks professor for your humility & goodness to share this million dollar worth of wisdom. Will pick up from where you will end.

[ankitorbit]

this is so fortunate of me and humble of Prof Damodaran to make his lectures available to the world. Thank you so much!

[gennaromoraca]

Dear Prof,
thanks for sharing and giving a priceless opportunity for people like me just have studied Corporate Finance and Evaluation from your books, but unfortunately, cannot be present at your lectures. Hope NYU will confirm your Valuation online course at soonest also in 2018.

Best.

[keensoftware]

Thank you- You are helping Me in Learning Corporate Finance.

[xinzhang]

Great lecture and fantastic material! Will definitely keep following!

[christopher]

It is a deep regret of mine that I do not/did not go to Stern to study under Prof Damodaran.

[GaneshB-zlkz]

Great voice and content... I started today to learn Corporate Finance.. but in first video there is voice disturbance... But its okay... Thanks a lot

[ChathuraPerera]

nice macro level sketch of what to come hi5 to Prof

[bigoof]

"strategy guys spinning bullshit stories" - hilarious

[kartiksaini]

Steady safe could have entered into forward rate agreement with any bank while taking loan in US $ to mitigate foreign exchange risk