2012/2013  BA-HA_HU73  Managerial Finance

English Title

Managerial Finance

Course information
Language	English
Exam ECTS	7.5 ECTS
Type	Elective
Level	Bachelor
Duration	Summer
Course period	NOTE: The course schedule is at the moment ONLY available at www.cbs.dk/summer
Time Table	Please see course schedule at e-Campus
Study board	Study Board for BSc in Economics and Business Administration
Course coordinator
Faculty - Paul Eberle, Florida Southern College Patricia Plackett - Department of Operations Management
Main Category of the Course
Finance
Last updated on 04-06-2012

Learning objectives

In order for the students to acquire the mark 12 they must demonstrate that they are: Able to explain the idea and rational of the models and concepts of the course. Able to use financial information to determine a company’s financial conditions. Able to apply the models and concepts of the course in order to identify and solves relevant financial issues. Able to use the models of time value of money in financial decision making. Able to quantify risk and return in financial decision making. Able to use capital budgeting models and techniques in business decision making. Able to use cost of capital models and how they affect the value of the firm. Able to discuss the possibilities and limitations of the applied models and terms.

Prerequisite

Principles of Financial Accounting

Examination

Managerial Finance

4 hour written exam: Type of test Written Exam Marking scale 7-step scale Second examiner No second examiner Exam period Summer Term Aids Open Book, Written Aid is permitted Duration 4 Hours Open  book – Open Notes Problems, essay, and multiple choice. Financial & programmable calculators allowed. Dictionaries allowed.

Course content

An examination of the use of analytical financial tools and techniques. Topics financial statement analysis, time value of money, stock valuation, bond valuation, capital budgeting, risk analysis, cost of capital, and capital structure. This is an introductory course in managerial finance. Course content Analysis of Financial Statements Time Value of Money Characteristics of Bonds and Long Term Debt Valuation Bonds and Long Term Debt Characteristics of Equity Valuation of Equity Risk & Return Capital Budgeting Project Cash Flow & Risk Cost of Capital Leverage

Teaching methods

Lectures, and working problems

Expected literature

Arthur J. Keown, John D. Martin, and J. William Petty: Foundations of Finance, 7/E ISBN-9781408285695 Prentice Hall, 2011 edition