2016/2017
BA-BPOLO1342U Corporate Finance
English Title |
Corporate Finance |
|
Language |
English |
Course ECTS |
7.5 ECTS |
Type |
Mandatory |
Level |
Bachelor |
Duration |
One Quarter |
Start time of the course |
Third Quarter |
Timetable |
Course schedule will be posted at
calendar.cbs.dk |
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
30-09-2016
|
Learning objectives |
To achieve the grade 12, students
should meet the following learning objectives with no or only minor
mistakes or errors: After completing the course, the students will
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
|
Examination |
Corporate
Finance:
|
Exam
ECTS |
7,5 |
Examination form |
Written sit-in exam |
Individual or group exam |
Individual exam |
Assignment type |
Written assignment |
Duration |
4 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:
- Books and compendia brought by the examinee
- Notes in paper format brought by the examinee
- Any 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. |
Student workload |
Lecture hours |
42 hours |
Exercise classes |
12 hours |
Examination |
4 hours |
Preparation |
142 hours |
|
Expected literature |
Brealey, Myers and Marcus, Fundamentals of Corporate
Finance, newest edition available in adequate advance of the
course start. McGraw Hill. International
Edition).
|
Last updated on
30-09-2016