| Learning objectives |
To achieve the grade 12, students
should meet the following learning objectives with no or only minor
mistakes or errors: With Corporate Finance Theory as context the
student is expected to be able to:
• Identify, explain, discuss and apply the core concepts, models
and methods
• Calculate, interpret and compare financial statistics, prices,
returns and costs
• Elaborate, present and discuss solutions for financial decision
problems |
| Course prerequisites |
| The course is only offered for
students in the BSc SEM program |
| Examination |
The exam in the subject consists of two parts:
| Corporate
Finance 1: | | Sub exam weight | 30% | | Examination form | Home assignment - written product | | Individual or group exam | Individual | | Size of written product | Max. 10 pages | | Assignment type | Written assignment | | Duration | 48 hours to prepare | | Grading scale | 7-step scale | | Examiner(s) | One internal examiner | | Exam period | Spring | | Make-up exam/re-exam | Same examination form as the ordinary exam Please note that the Corporate
Finance 1 weighs 30% and Corporate Finance 2 weighs 70% in
calculating the final grade.
Each partial examination must be graded 00 and above.
A partial examination cannot be re-taken if the weighed average of
the two examinations is 02 or above.
Please check e-campus for more information or use this form:
(result of Corporate Finance 1 x 0,30) + (result of Corporate
Finance 2 x 0,70) = final grade (will be rounded off to the closest
grade – if in the middle between to grades, the highest grade will
count). | Description of the exam
procedure
”Please note that the first examination weighs 30% and the
second examination weighs 70% in calculating the final grade. Each partial examination must be graded 00 and above, and a
partial examination cannot be re-taken if the weighed average of
the two examinations is 02 or above. Please check e-campus for more information or use this form:
(result of test 1*0,30) + (result of test 2*0,70) = final grade
(will be rounded off to the closest grade – if in the middle
between to grades, the highest will
count)”. |
| Corporate
Finance 2: | | Sub exam weight | 70% | | Examination form | Written sit-in exam | | Individual or group exam | Individual | | Assignment type | Written assignment | | Duration | 2 hours | | Grading scale | 7-step scale | | Examiner(s) | One internal examiner | | Exam period | Spring | | Aids allowed to bring to the exam | Limited aids, see the list below:
- Written sit-in-exam on CBS' computers
- Allowed dictionaries
- 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. | Description of the exam
procedure
The written exam takes place on CBS computers, and/or by hand.
Graphs and calculations may be hand-written.
Students are not allowed to bring any personal electronic devices,
except non- programmable calculators (and only those without any
connection with others). Students can bring simple language dictionaries to the
exam |
|
| Course content and
structure |
|
The course covers the core aspects of Corporate Finance theory,
including capital budgeting, financial instruments, portfolio
theory and, capital structure decisions. The course provides a
financial background in Finance for a professional career based on
the bachelor degree as well as for further academic
studies.
|
| Teaching methods |
| The pedagogical method is a
combination of lectures, exercises and an individual home work
assignment. A satisfactory high outcome of the exercises requires
an active participation with basis in the literature and the
lectures. The home work assignment is an integrated part of the
learning process and not only a part of the exam. |
| Student workload |
| Lectures |
42 hours |
| Exercises |
12 hours |
| Exam |
30 hours |
| Preparation |
122 hours |
|
| Expected literature |
|
Brealey, Myers and Marcus, Fundamentals of Corporate Finance,
7th edition (or newer), McGraw-Hill, or another well
acknowledged Corporate Finance textbook for a first course in
Corporate Finance.
Selected readings including articles which will be available
on Learn or as in hard copy.
Please note, changes might occur. The final reading list will be
uploaded to Learn two weeks before the course
starts.
|
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