English   Danish

2015/2016  BA-BPOLO2002U  Strategic Investment and Finance

English Title
Strategic Investment and Finance

Course information

Language English
Course ECTS 7.5 ECTS
Type Mandatory
Level Bachelor
Duration One Semester
Start time of the course Spring
Timetable Course schedule will be posted at calendar.cbs.dk
Study board
Study Board for BSc/MSc i International Business and Politics, BSc
Course coordinator
  • Michael Hedegaard - Department of Operations Management (OM)
Main academic disciplines
  • Economics
Last updated on 22-01-2016
Learning objectives
To achieve the grade 12, students should meet the following learning objectives with no or only minor mistakes or errors:
  • Identify and apply key theories, models and concepts within strategic investment and finance
  • Define, explain and give examples of the various methods applied for different types of investments, including the limitations of methods
  • Analyze and build-up investment cases using relevant concepts and theories of strategic investment and finance
  • Assess the value of investment alternatives, including understanding assumptions and their influence
  • Formulate and justify relevant research questions relating to strategic investment and finance applying theories and concepts from the curriculum
Examination
Strategic Investment and Finance:
Exam ECTS 7,5
Examination form Oral exam based on written product

In order to participate in the oral exam, the written product must be handed in before the oral exam; by the set deadline. The grade is based on an overall assessment of the written product and the individual oral performance.
Individual or group exam Individual
Individual oral exam (20 minutes per student) based on a written group report (max. 30 standard pages) and the curriiculum. A group must consist of 3-5 students.
Size of written product Max. 30 pages
Assignment type Report
Duration
Written product to be submitted on specified date and time.
20 min. per student, including examiners' discussion of grade, and informing plus explaining the grade
Grading scale 7-step scale
Examiner(s) Internal examiner and external examiner
Exam period Spring
Make-up exam/re-exam
Another examination form
Re-exam when the ordinary exam is failed, is an individual oral exam (20 minutes per student) based upon the same group report with a 3-page supplement.
Make-up exam for students who participated in writing the group report but were ill at the oral exam is an individual oral exam (20 minutes per student) based on the same group report.
Make-up exam for students when ill during writing the report is an individual oral exam (20 minutes per student) based on an individual written report on max. 5 pages.
Course content and structure

An overall focus of the course is the net present value of the company's strategic decisions and how to optimize shareholder value while taking into account stakeholder and external perspectives at the same time.

The student will acquire competencies in actively building up investment cases, analyzing investment cases and understanding how strategic investment and finance requires cross-functional knowledge and collaboration with e.g. marketing, production, research and development.

The focus is thus on real strategic investments in business

Key topics covered are:

Value of money and cash flow spread over time and net present value of future cash flows

Building up cash flows for an investment case

Evaluating investment alternatives by using relevant methods

Understanding the relationship between risk and return

Understanding uncertainty in investments. Understanding how strategic perspectives are used in investment analysis through real options analysis and scenario planning.

Understanding global and international perspectives in strategic investment and finance.

Teaching methods
Lectures, workshops and exercises
Student workload
. 1 hours
. 1 hours
Last updated on 22-01-2016