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2013/2014  BA-PCFI  Corporate Finance

English Title
Corporate Finance

Course information

Language English
Exam ECTS 7.5 ECTS
Type Mandatory
Level Bachelor
Duration One Semester
Course period Spring
Time Table Please see course schedule at e-Campus
Study board
Study Board for BSc/MSc i International Business and Politics, BSc
Course coordinator
  • Ulf Nielsson - Department of Finance (FI)
Main academic disciplines
  • Finance
Last updated on 29-10-2013
Learning objectives
After completing the course, the students will be able to:
  • Apply the main analytical tools for the evaluation of cash flows that occur at different times with different risk.
  • Analyze the pricing of securities and the information contained in the prices that prevail in financial markets.
  • Apply the valuation methods from a social point of view and understand the role of financial markets in the economic system.
Corporate Finance:
Examination form Written sit-in exam
Individual or group exam Individual
Assignment type Written assignment
Duration 4 hours
Grading scale 7-step scale
Examiner(s) Internal examiner and second internal examiner
Exam period Summer Term
Aids allowed to bring to the exam Limited aids, see the list below and the exam plan/guidelines for further information:
  • Additional allowed aids
  • Books and compendia brought by the examinee
  • Notes brought by the examinee
  • Allowed calculators
Make-up exam/re-exam
Same examination form as the ordinary exam
If the number of registered candidates for the make-up examination/re-take examination warrants that it may most appropriately be held as an oral examination, the programme office will inform the students that the make-up examination/re-take examination will be held as an oral examination instead.
Course content and structure
This course provides a broad overview of corporate finance covering the main tools that financial managers use to analyze investment and financing decisions. The first set of lectures will be devoted to introducing students to the goals pursued by corporations and to the financial side of their operations. Subsequently, we will be reviewing some of the accounting concepts that represent an essential background in this field, and we will introduce the concept of “time value of money”, which will be a key building block in developing our theory of asset pricing. The same paradigm will also be applied to the valuation of the streams of cash flows that firms generate through their investment projects, which will ultimately lead us to the formulation of a method for making investment decisions. Later in the course we will pay more attention to the role of risk in such matters, and we will also focus on how companies can raise the cash they need for their investment projects, with a discussion of the issues that alternative financing tools pose.
Teaching methods
Expected literature
Fundamentals of Corporate Finance, 5th or 6th Edition, by Brealy, Myers, and Marcus, McGraw-Hill International Edition
Last updated on 29-10-2013