Write a Short Paper about Capital Budget and Discussion Moderating Activity.

Student should research articles, journals, or books, and report on a financial modeling topic within one of the following contexts/orientations, with the goal of expanding and/or deepening the classes understanding of financial analysis and modeling:

1) critical reviews of specific financial models (which may include financial models not covered in class)

2) critical exploration of the ‘technology of modeling', which may include focuses like emerging software employed in financial modeling for the specific topic, or the principles of logic underlying the financial models used for the specific topic (i.e. software for forecasting)

3) critical evaluation of analysis and modeling employed in the financial management of specific industries (i.e. forecasting in the airline industry)
REMEMBER the words "critically evaluate" are important. A simple overview or tutorial of software features or of a financial analysis process (i.e. ratio analysis) or financial model (Monte Carlo simulation) will not meet the requirements for this paper. The writer should analyze the topic, bring in relevant research, offer comparisons, and consider pros and cons, or implications for practice. These are simply a few of the contemplative practices that move a paper into the critical realm.

NOTE: Do not reuse papers from your other finance or accounting classes. This is strictly prohibited and they do NOT meet the focus of this course, which emphasizes financial concepts from the perspective of analysis, modeling and decision making. For example, a paper that explains cash budgets or forecasting would be too general for this class (based on the paragraph presented above) and would not rise to the level of critical evaluation.