Professor Droussiotis's Web Platform

---------FALL 2021 CLASSES--------
Baruch FIN 9783
Baruch FIN 4710
Baruch CAPS - Intro to Derivatives
Columbia University Intro to Finance (MONDAY)
Columbia University Intro to Finance (THURSDAY)
SHU BFIN 3211 Financial Strategy
SHU BFIN 4250 Fixed Income
SHU BFIN 4234 & 7331 Derivatives
-----PROFESSOR's INFO-----
Published Books/Articles
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-----OTHER CLASS INFO--------
Baruch FIN 3710
Baruch Exec. MS FIN 9793 Jan 2022
Baruch CAPS Cap Markets
Baruch CAPS - Corp. Fin. & Val.
Baruch CAPS Debt Markets
Baruch CAPS Equity Markets
Baruch CAPS - International Accountancy
Baruch CAPS International Finance
Baruch CAPS - Investment Banking
Baruch Lecture Series - Banking and Finance
Baruch Lecture Series - Valuation of Intangible Assets
Baruch Lecture Series - Mergers and Acquisitions
Baruch Summer Leadership Academy - Lecture Series
City Unity College Statements & Budgeting
Fordham Credit & Banking
Fordham FNBU 3221
SHU - BFIN 7236 Corporate Finance

Professor Chris Droussiotis, C.H.E., M.B.A


Professor's Biography

Welcome to my class!
This web space is to provide Professor Droussiotis' students with lecture notes, homework and project assignments, reading assignments, case studies, financial modeling spreadsheets and links - Check the menu of classes on the left of this page.




COMING SOON (Release Date December 16, 2021)

 Credit Risk Managment and Analysis

Authors: Chris Droussiotis & Stuart Shelly, Edition: Preliminary Edition, Publishing Company: Cognella Publishing - TO BE PUBLISHED DECEMBER 16

This text book is designed to assist junior and senior year undergraduate students that are in the process of starting their careers in Credit Risk Management. The author demostrates his 30+ years experience in investment banking and credit analysis working for large money center banks including Bank of America Merril Lunch, CIBC World Markets and Sumitomo Mitsui Banking Corporation. 




An Analytical Approach to Investments, Finance and Credit 

Author: Chris Droussiotis, Edition: First Edition, Publishing Company: Cognella Publishing, ISBN: 978-1-5165-4911-5

This text book is designed to assist junior and senior year undergraduate students that are in the process of starting their careers in finance. It can also be a reference guide to everything you need to know about investments, finance and credit. The author demostrates his 30+ years experience in investment banking and credit analysis working for large money center banks including Bank of America Merril Lunch, CIBC World Markets and Sumitomo Mitsui Banking Corporation. Part 1 of the book introduces the fundamental concepts of Investments and portfolio analysis including risk-and-return analysis, covariance, correlation, and efficient frontiers, as well as other performance measurements such as beta coefficient via regression analysis, R-squared, Sharpe Ratio, CAPM, Jensen’s Alpha, Treynor Measure, and M Squared. Part 2 of the book describes in detail the primary markets including where the issuers go to raise capital such as stocks, bonds, 144As, private placements, bank loans, private loans, and other loan syndicated facilities. The book uses various case studies for raising capital including LBOs, M&A, and other capital market transactions. Part 3 describes the secondary markets where the investor looks to invest in the equity and corporate bond exhange markets, as well as other unique markets such as the credit and alternative investments insititutional funds that includes leveraged loans, CLOs, and other structured finance products. The book also describes extensively the derivative markets including uncovered and covered option strategies, futures, forwards, swaps, swaptions, CDAs, FRAs, and other exotic derivatives., Part 4 that includes 4 chapters is all about company specific analysis in the areas of corporate finance, corporate valuations, and credit analysis. This section gives a comprehensive overview of understanding financial statement analysis, how to build projections and run a valuation analysis (8 methods of valuation) for all stages of company development. In the last chapter, the book describes in detail the process of credit analysis and debt capacity. The book also includes lots of case studies and gives the reader the access of various financial models in all areas of finance through the Active Learning platform.


Link to Purchase textbook Via Cognella Publisher, Amazon or Barnes & Nobles

Cognella Publishing


Barnes & Nobles


Mergers & Acquisitions - A Practitioner's Guide to Successful Deals

13 professors got together last year and each wrote one chapter based on their expertise. I wrote chapter 11 "Leveraged Buyouts  (LBOs): The Financial Engineeing of Transactions and Evolution of LBOS". The chief editor and author is Dr. Harvey Poniachec, my long life mentor and MBA professor.


The survival and prosperity of any corporation over the long term depend on the company's ability to grow and develop through a process of investment, restructuring, and redeployment. Since the late 19th century, mergers and acquisitions (M&As) have become an essential vehicle for corporate change, fuelled by synergies that could arise from expansion of sales and earnings, reduction in cost, and lower taxes and cost of capital.

M&A transactions, however, are complex and risky and are affected by the state business cycle, financial conditions, regulations, and technology. Approximately two-thirds of all M&A deals fail. This book seeks to provide an effective and comprehensive framework, predominantly embedded in corporate finance, for achieving greater success. Written by academics and practitioners, it integrates business strategies with formal analysis relating to M&A deal making, providing a coherent statement on M&A by utilizing scholarly work with best practices by industry.

The authors provide extensive analytical review and applications of the following critical M&A issues: valuation, leveraged buyouts, payment methods and their implications, tax issues, corporate governance, and the regulatory environment, including antitrust in M&A. The book globalizes the M&A model by extending it to cross-border business, risk and select hedging methods, and addresses postmerger integration.

This book is intended as a reading text for a course in M&A for undergraduates and MBA programs, and for practitioners as a handbook.

Link to Amazon



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