CORPORATE FINANCE
Syllabus
EN
IT
Learning Objectives
LEARNING OUTCOMES:
The course aims to lead students to understand and use the support models for capital budgeting decisions, the calculation of the cost of capital, and business valuation.
LEARNING SKILLS:
Ability to analyze and manage financial decisions. Understanding the tools for making financial assessments.
APPLYING KNOWLEDGE AND UNDERSTANDING:
The course will strengthen the theoretical and methodological foundations of corporate finance, the analysis and evaluation of projects and companies. Students will acquire the basic theoretical and practical knowledge to act as an independent financial analyst.
MAKING JUDGEMENTS:
Students will be able to collect and interpret real financial data to analyze investment decisions and to make judgments on the process of creating corporate value.
COMMUNICATION SKILLS:
Students will develop the ability to communicate the results of financial analysis both in written form (through the resolution of exercises) and in oral form (through classroom presentations
The course aims to lead students to understand and use the support models for capital budgeting decisions, the calculation of the cost of capital, and business valuation.
LEARNING SKILLS:
Ability to analyze and manage financial decisions. Understanding the tools for making financial assessments.
APPLYING KNOWLEDGE AND UNDERSTANDING:
The course will strengthen the theoretical and methodological foundations of corporate finance, the analysis and evaluation of projects and companies. Students will acquire the basic theoretical and practical knowledge to act as an independent financial analyst.
MAKING JUDGEMENTS:
Students will be able to collect and interpret real financial data to analyze investment decisions and to make judgments on the process of creating corporate value.
COMMUNICATION SKILLS:
Students will develop the ability to communicate the results of financial analysis both in written form (through the resolution of exercises) and in oral form (through classroom presentations
Prerequisites
NONE
Program
Based on lectures and the study of relevant cases, the course focuses on the main topics of corporate finance such as:
CAPITAL BUDGETING
VALUING BONDS AND STOCKS
RISK AND THE COST OF CAPITAL
CAPITAL STRUCTURE AND CORPORATE VALUATION
CAPITAL BUDGETING
VALUING BONDS AND STOCKS
RISK AND THE COST OF CAPITAL
CAPITAL STRUCTURE AND CORPORATE VALUATION
Books
Berk J., DeMarzo P., Corporate Finance, Fourth Edition, Pearson International Education, 2017
Bibliography
Textbook
Class material
Suggested readings
Aswath Damodaran, Applied Corporate Finance, 4th Edition, Wiley, 2014
McKinsey& Co., Tim Koller, Marc Goedhart and David Wessels, 2015, Valuation: Measuring and Managing the Value of Companies (Seventh Edition), Wiley.
Class material
Suggested readings
Aswath Damodaran, Applied Corporate Finance, 4th Edition, Wiley, 2014
McKinsey& Co., Tim Koller, Marc Goedhart and David Wessels, 2015, Valuation: Measuring and Managing the Value of Companies (Seventh Edition), Wiley.
Teaching methods
Lessons
Lessons (problem solving)
Workshops
Lessons (problem solving)
Workshops
Exam Rules
Non attending students: Oral exam
Attending students: Oral exam + Project work evaluation
Students who withdraw or fail the exam may take the exam in the same session
Students are expected to be fully engaged in the entire learning process. This means that students need to prepare the assigned readings of the cases prior to each class and come to class prepared to participate in discussions and/or group work to enhance the learning of the individual and the class. Students will find the relative material for each case on the website. Each student should demonstrate:
• The ability to set the parameters for the problem.
• Ample knowledge regarding the subject of the problem.
• The ability to connect the analysis to other course concepts.
Attending students: Oral exam + Project work evaluation
Students who withdraw or fail the exam may take the exam in the same session
Students are expected to be fully engaged in the entire learning process. This means that students need to prepare the assigned readings of the cases prior to each class and come to class prepared to participate in discussions and/or group work to enhance the learning of the individual and the class. Students will find the relative material for each case on the website. Each student should demonstrate:
• The ability to set the parameters for the problem.
• Ample knowledge regarding the subject of the problem.
• The ability to connect the analysis to other course concepts.