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2016/2017  BA-BSEMO1012U  Corporate Finance

English Title
Corporate Finance

Course information

Language English
Course ECTS 7.5 ECTS
Type Mandatory
Level Bachelor
Duration One Quarter
Start time of the course Fourth Quarter
Timetable Course schedule will be posted at calendar.cbs.dk
Study board
Study Board for BSc in Service Management
Course coordinator
  • Ulf Nielsson - Department of Finance (FI)
Main academic disciplines
  • Finance
Last updated on 21-09-2016
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 - Home assignment:
Sub exam weight30%
Examination formHome assignment - written product
Individual or group examIndividual exam
Size of written productMax. 10 pages
Assignment typeWritten assignment
Duration48 hours to prepare
Grading scale7-step scale
Examiner(s)One internal examiner
Exam periodSpring
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 MYCBS.dk 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 - Written sit-in:
Sub exam weight70%
Examination formWritten sit-in exam
Individual or group examIndividual exam
Assignment typeWritten assignment
Duration2 hours
Grading scale7-step scale
Examiner(s)One internal examiner
Exam periodSpring
Aids allowed to bring to the examLimited aids, see the list below:
  • Written sit-in-exam on CBS' computers
  • Approved calculators: HP 10bII+ and Texas BA II Plus
  • Dictionaries (only some, see specification below)
  • Additional allowed aids, please see the list below
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

Addtional allowed aids:

Graphs and calculations may be hand-written.
 

Allowed dictionaries:

simple language dictionaries

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 50 hours
Preparation 102 hours
Expected literature

Brealey, Myers and Marcus, Fundamentals of Corporate Finance, International edition (most recent edition that is available in good time before course start), 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.

Last updated on 21-09-2016