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2015/2016  BA-BHAAI1028U  Undergraduate Corporate Finance

English Title
Undergraduate Corporate Finance

Course information
Language English
Course ECTS 7.5 ECTS
Type Elective
Level Bachelor
Duration Summer
Start time of the course Summer
Timetable Course schedule will be posted at calendar.cbs.dk
Max. participants 120
Study board
Study Board for BSc in Economics and Business Administration
Course coordinator
  • Course instructor - Michael Nugent, Michael.Nugent@stonybrook.edu
    Sven Bislev - Department of Intercultural Communication and Management (ICM)
In case of any academic questions related to the course, please contact the course instructor or the academic director, Sven Bislev at sb.ikl@cbs.dk
Main academic disciplines
  • Corporate governance
  • Finance
  • Globalization and international business
Last updated on 09-06-2016
Learning objectives
To achieve the grade 12, students should meet the following learning objectives with no or only minor mistakes or errors:
  • Explain and describe the role, functions, and objectives of the financial manager.
  • Understand how financial managers create shareholder wealth maximization and manage risk and return.
  • Demonstrate an ability to analyze financial statements using ratio analysis.
  • Describe and explain the financial concepts relating to: financial planing, capital budgeting, cash flows, and capital structure.
  • Develop the ability to solve problems related to: time value of money, security valuation, risk and return, capital budgeting, cost of capital, financial planning and capital structure.
Course prerequisites
No prerequisites
Examination
Undergraduate corporate finance:
Exam ECTS 7,5
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) One internal examiner
Exam period Summer, Ordinary exam: 1-5 August 2016.
Retake exam: Within two months from the ordinary exam.
Aids allowed to bring to the exam Closed Book: no aids
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.
4 hour written sit in exam, with a new exam question.
Course content and structure

The Focus of this course is on understanding how firms meet and manage their financial objectives. Today s financial environment, the fundamental trade-off between risk and return, the time value of money, and valuing future cash flows will be discussed. Explanation of financial tools and techniques, which can be used to help firms maximize value by improving, decisions relating to capital.

 

Class 1: Role of the Financial Manager& Financial Simulation
Overview

 

Class 2: Financial Statements and Ratio Analysis

 

Class 3:Cash Flow and Financial Planning

 

Class 4:Time Value of Money

 

Class 5:Time Value of Money

 

Class 6:Risk and Return

 

feedback activity: Quiz & Survey

 

Class 7: Cost of Capital

 

Class 8: Capital Budgeting Techniques

 

Class 9:Capital Budgeting Cash Flows

 

Class 10: Estimating Cash Flow

 

Class 11: Risk and Refinements in Capital Budgeting

 
Teaching methods
The instructional format will include: Tests, lecture notes, homework and in class assignments, computer simulation and articles from financial press, which will form the basis for of the class discussions. Active participation in class discussions is a course expectation.
Student workload
Preliminary assignment 10 hours
Classroom attendance 33 hours
Preparation 144 hours
Feedback activity 7 hours
Examination 12 hours
Further Information

 

Preliminary Assignment: To help students get maximum value from ISUP courses, instructors provide a reading or a small number of readings or video clips to be read or viewed before the start of classes with a related task scheduled for class 1 in order to 'jump-start' the learning process.

 

Feedback Activity: A feedback activitity defined by the course instructor will take place app. half-way through the course. 
 

 

The timetable is available on  http://www.cbs.dk/files/cbs.dk/isup_timetable_2016_updated.pdf
Expected literature

Primary literature (must-have books):

 

Lawrence J. Gitman and Chad J. Zutter: Principles of Managerial Finance with MyFinanceLab, Global Edition, 14/E

ISBN-10: 1292078340 • ISBN-13: 9781292078342

Pearson; 14 ED 2014
Last updated on 09-06-2016