2015/2016
MA-MMBAO1081U Corporate Finance
| English Title |
| Corporate Finance |
|
|
| Language |
English |
| Course ECTS |
4 ECTS |
| Type |
Mandatory |
| Level |
Part Time Master |
| Duration |
One Semester |
| Start time of the course |
Spring, Autumn |
| Timetable |
Course schedule will be posted at
calendar.cbs.dk |
| Study board |
Study Board for Master of Business
Administration
|
| Course
coordinator |
- Jesper Rangvid - Department of Finance (FI)
|
| Main academic
disciplines |
|
|
|
Last updated on
20-10-2015
|
| Learning objectives |
To achieve the grade 12, students
should meet the following learning objectives with no or only minor
mistakes or errors:
- Combine and apply insight from the syllabus to solve corporate
finance problems through accurate and correct calculations
- Show and explain all relevant calculations to solve a given
problem
- State the assumptions behind the theories / methods / models in
the syllabus
- Independently combine and logically structure the corporate
finance vocabulary / theories / methods / models / regulatory /
institutional / practical knowledge, and empirical evidence to
solve corporate finance problems
|
| Examination |
|
Corporate
Finance:
|
| Exam ECTS |
4 |
| Examination form |
Home assignment - written product |
| Individual or group exam |
Individual |
| Size of written product |
Max. 15 pages |
| Assignment type |
Project |
| Duration |
Written product to be submitted on specified date
and time. |
| Grading scale |
7-step scale |
| Examiner(s) |
One internal examiner |
| Exam period |
Summer and Winter |
| Make-up exam/re-exam |
Another examination form
A written case assignment based on a
case or a subject chosen by the
teacher. The assignment must be formulated and given to the
students at least nine days prior to the expiration of the
deadline. It should be 15 pages long and submitted to CBSLearn. The
exam is held internally, and the assignment is put forward and
assessed by the relevant faculty.
Alternative examination format: The make-up/re-examination will be
held as an oral examination 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.
|
Description of the exam
procedure
Students may instead choose the following exam form:
Individual oral exam
- 20 minutes per student including votation.
- 20 minutes preparation, closed book exam with limited
aids: syllabus, notes on paper, handheld calculator. No phone,
tablet, PC, or any communication devices.
- With one internal examiner and a second internal
examiner.
|
|
| Course content and
structure |
|
Corporate finance plays a fundamental role in the strategic
running of a company. This course teaches you the relevant models
and analytical framework to use when faced with economic decisions
in corporations. First, we focus on investment decisions under
certainty. Then, we shift focus onto the relationship between risk
and expected return. The acquired insight is combined to analyze
investment decisions under uncertainty. Thereafter, we focus on the
financing decision, starting with an overview of the efficient
market hypothesis and the latest financial crises. We move onto
understanding the importance of a firm’s payout policy, why firms
choose a specific capital structure, and how to estimate the cost
of capital. M&A and corporate restructuring finishes the
course.
|
| Teaching methods |
| During this course, you will learn
corporate finance by a mixture of hands-on learning incorporating
relevant corporate finance problems, case based learning, industry
speakers, and using financial media articles. |
Last updated on
20-10-2015
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