Corporation Finance Theory and Practice

Covers theory and practice of firm financial management, including capital budgeting, valuation, capital structure, dividend policy, cost of capital, and M&A.

offering recorded2–3 credits
Recorded instructors · Spring 2027 Ilhan Demiralp3.8/5

Summary

1 / 3

Recent recorded grades — Spring 2025: 3.62 GPA, 78.0% A/AB (n=50 letter grades); Fall 2025: 3.76 GPA, 82.5% A/AB (n=57 letter grades); Spring 2026: 3.50 GPA, 72.2% A/AB (n=18 letter grades).

What you’ll be able to do

  • Explain why, when and how companies raise debt and equity and decide on the mix of both sources of finance.

  • Recognize the effect of agency costs – adverse selection and moral hazard - on the capital structure of the firm.

  • Explain how firms choose to structure hybrid securities to reduce market frictions.

  • Differentiate how firms manage risks both internally as well as with derivative contracts.

  • Summarize the different ways firms return money to investors and the logic behind different payout policies.

Source: UW Guide

Grade history

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average GPA
letter grades
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AB
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All recorded terms · compare terms & instructors

Prerequisites

Course map

FINANCE 700

FINANCE 725 used by

“Used by” includes alternatives; linked courses may have other requirements. This is a best-effort interpretation; check the catalog requirements above.

Prerequisite text tree

Professors

Spring 2027
Adjusted rating
RMP difficulty
captured reviews
About this rating

Raw average: 4.50/5 from 4 quality ratings. The adjusted rating blends this with the UW review average (3.66/5), weighted as 20 additional ratings. Smaller samples stay closer to that average. Each captured review is counted once in the prior; this does not correct who chooses to leave a review.

RMP profile ↗ · All captured review dates; profile matched by name.

Recent recorded grades — Fall 2023: 3.44 GPA, 64.1% A/AB (n=39 letter grades); Fall 2024: 3.68 GPA, 85.1% A/AB (n=47 letter grades); Fall 2025: 3.76 GPA, 80.9% A/AB (n=47 letter grades).

Historical instructors & teaching patterns

ILHAN DEMIRALP is recorded teaching in Spring 2022, Fall 2022, Fall 2023, Fall 2024, Fall 2025. Recorded history may be incomplete and does not establish a future schedule.

Recorded history may be incomplete and does not establish a future schedule.

Calendar & sections

Spring 2027

Schedule loads here as you scroll.

SectionModeEnrolled / capacityWaitlist
LEC 001Classroom Instruction0 / 300

Times are Central. Select a meeting for details; export includes recorded dates for the selected sections. Enrollment reflects scan time.

Meeting source records

Student experience

the class

Recent recorded grades — Spring 2025: 3.62 GPA, 78.0% A/AB (n=50 letter grades); Fall 2025: 3.76 GPA, 82.5% A/AB (n=57 letter grades); Spring 2026: 3.50 GPA, 72.2% A/AB (n=18 letter grades).

difficulty & workload

No workload feedback recorded.

Topics

  • Capital budgeting and project/firm valuation
  • Capital structure, dividend policy, and cost of capital
  • Mergers and acquisitions
  • Agency costs and their impact on capital structure

Skills

  • Capital budgeting and valuation of projects and firms
  • Capital structure, dividend policy, cost of capital, and M&A
  • Analyzing corporate financing decisions and capital mix
  • Risk management using internal methods and derivatives

Grades

Latest available · Spring 2026— not enough history to project Spring 2027.

average GPA
A / AB grades
letter grades
Instructor

Grade distribution · % of letter grades

A
AB
B
BC
C
D
F

Grades over time

Through Spring 2026

More grade details Grade mix, volume & source data

Not enough comparable courses for Spring 2027 in UW–Madison.

Sources & history

UW–Madison

Catalog & offerings

Descriptions, prerequisites, and recorded course offerings.

Catalog observation history

Observations at scan time; dates do not imply when a catalog change took effect.

Selected offering source records
FINANCE 725 · Spring 2027

Corporation Finance Theory and Practice

Recorded 2026-10-14
Raw records
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    "course_id": "FINANCE 725",
    "course_uid": "course_c404ad29e40971bb4aff83b4",
    "term_id": "1274",
    "source_course_id": "003062",
    "source_subject_id": "233",
    "title": "Corporation Finance Theory and Practice",
    "credits_min": 2,
    "credits_max": 3,
    "typically_offered": "Occasionally"
  }
]
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Madgrades

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Model outputs & technical records
Qwen/Qwen3.8-27B
LLM outputs across runs
Full model traces

Recorded model configuration, reasoning, and tool conversations.

Model & dataset provenance
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