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Instructors: Prof. Dr. Florentina Paraschiv
Event type:
Seminar
Org-unit: Corporate Management & Economics
Displayed in timetable as:
Corporate Fin.
Hours per week:
3
Credits:
6,0
Note: In your exam regulations, differing credits may have been specified.
Location:
Campus der Zeppelin Universität
Language of instruction:
Englisch
Min. | Max. participants:
10 | 36
Priority scheme: Standard-Priorisierung
Course content:
The course covers the basic theory of Corporate Finance with focus on:
- Importance of good governance and incentive systems,
- Theories of risk and return,
- Theories regarding capital structure of a corporation, and
- Capital investment and financing decisions made by the financial managers
Educational objective:
Skills:
Students are expected to be able to:
- Use various valuation methods depending on the context of the corporate decision, and
- Analyse investment projects and securities.
Competence:
Students are expected to recognize the consequences of various investment and financing decisions made by a firm.
Further information about the exams:
Assessments
Assignments during the semester will be allocated in the form of homeworks (exercises set) but are non-mandatory.
90 min Examination 100%: Closed Book End Semester
Admitted Aids:
Simple pocket calculator is allowed in the examination. Closed Book Examination type. Formula sheet will be provided.
Mandatory literature:
Brealey, R.A., Myers, S.C., Allen, F., Principles of Corporate Finance 12th ed. (2017) McGraw Hill. ISBN: 978-1-259-25333-1.
Modulbeschreibung:
Corporate goals, and governance
Principles of Valuation
Valuing bonds and stocks
NPV, investment decisions, and project analysis
Issuing securities & risk and returns
Portfolio theory
CAPM, and cost of capital
Efficient markets and behavioural finance
Dividend policy, Debt policy
Corporate borrowing, Capital structure and firm valuation
Recapitulation
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