NBA 6880

Global toggle of class tabs

Links for textbooks and Cornell Store open in new tab.

NBA 6880

Course information provided by the Courses of Study 2023-2024.

This course develops the framework for evaluating and managing firms' assets and liabilities in financial distress, including periods of formal bankruptcy and restructuring. It takes the perspective of managers as well as that of capital market participants ― e.g., distressed-debt investors, analysts, legal professionals, regulators ― that monitor and evaluate corporate policies in distress situations. The course will do so going beyond standard textbook coverage, making sense of practice and available research on financial distress, bankruptcy and reorganizations, looking at what professionals think and act, as well as in-depth study of real-world situations. All of these elements are integrated and analyzed with rigorous method. Our ultimate goal is to understand the objectives different economic agents mean to achieve given the institutional constraints they face in distress situations.

When Offered Spring.

Prerequisites/Corequisites Prerequisite: NCC 5060, NCC 5560, or similar course, with instructor approval. A solid finance background is neccessary to be successful in this course. 

View Enrollment Information

Syllabi: none
  •   Seven Week - Second.  Combined with: LAW 6235

  • 2 Credits GradeNoAud

  • 11602 NBA 6880   LEC 001

  • Enrollment limited to: MBA and Graduate students Add/Drop Dates: March 13th - March 20th. Deadline to drop March 20th at 11:59pm. Permission from faculty required to add/drop after March 20th. A late fee of $100.00 will be charged after March 20th. Deadline to drop without “W” April 10th After this date, "W" grade on your transcript in addition to the late fees. This course counts as a Management Science Elective.