2017/2018 BA-BHAAI1028U Undergraduate Corporate Finance
English Title | |
Undergraduate Corporate Finance |
Course information |
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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
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Course coordinator | |
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In case of any academic questions related to the course, please contact the course instructor or the academic director, Sven Bislev at sb.msc@cbs.dk | |
Main academic disciplines | |
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Last updated on 25/04/2018 |
Relevant links |
Learning objectives | ||||||||||||||||||||||
To achieve the grade 12, students should meet the
following learning objectives with no or only minor mistakes or
errors: The aim of this module is to provide knowledge and
understanding of theory and practice of corporate finance, from the
most basic concept of Cash Flow and Time Value of Money, to more
advanced topics, including modern portfolio theory, real options,
Capital Asset Pricing Model. By the end of the course, students
will be able
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Course prerequisites | ||||||||||||||||||||||
Basic Accounting concepts, familiarity with MS Excel | ||||||||||||||||||||||
Examination | ||||||||||||||||||||||
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Course content and structure | ||||||||||||||||||||||
The aim of this module is to provide knowledge and understanding of theory and practice of corporate finance. It concentrates on the major investment and financing decisions made by senior managers within corporations. This course represents the foundation of finance theory and it will cover a wide range of topics There will also be a preliminary assignment that students need to complete prior to the commencement of the course. Scope of this assignment is to give student some background knowledge and be better prepared on day 1 of the course. Details of this assignment will be provided later on.
Preliminary assignment:There will also be a preliminary assignment that students need to complete prior to the commencement of the course. Scope of this assignment is to give student some background knowledge and be better prepared on day 1 of the course. Details of this assignment will be provided later on. Class 1: Overview of Corporate Finance and Financial Statement. Class 2: Financial Statement Analysis, Long Term Planning and Principle of Discounted Cash Flow Valuation Class 3: Net Present Value and Internal Rate of Return Class 4: Bond Valuation, Yield Curves and Central Banks Class 5: Capital Budgeting and Investment Decision. Class 6: Scenario analysis, decision trees and Real Option Feedback activity Class 7: Risk,Returns and Capital Asset Pricing Model I Class 8: Capital Asset Pricing Model II: WACC and Valuation Class 9: Capital Structure, Leverage, Dividend Class 10: Cash Flow to Equity, to Firm, APV and Valuation Class 11: Options and Other Derivatives Introduction |
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Teaching methods | ||||||||||||||||||||||
The course will include lectures and class discussions. There will be case discussions to apply theory to real-life situations. | ||||||||||||||||||||||
Feedback during the teaching period | ||||||||||||||||||||||
Perform a budgeting analysis, using the concepts discussed in the first half of the course, including DCF, IRR methodologies. | ||||||||||||||||||||||
Student workload | ||||||||||||||||||||||
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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.
Course timetable is available on https://www.cbs.dk/uddannelse/international-summer-university-programme-isup/courses-and-exams.
We reserve the right to cancel the course if we do not get enough applications. This will be communicated on https://www.cbs.dk/uddannelse/international-summer-university-programme-isup/courses-and-exams end February 2018 at the latest. |
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Expected literature | ||||||||||||||||||||||
Mandatory readings:
Corporate Finance: Principles and Applications
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