2013/2014
BA-PCFI Corporate Finance
English Title |
Corporate Finance |
|
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 |
|
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.
|
Examination |
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 |
Lectures. |
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