2018/2019
BA-BBLCO1221U 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 |
Fourth Quarter |
| Timetable |
Course schedule will be posted at
calendar.cbs.dk |
| Study board |
Study Board for BSc and MSc in Business, Language and Culture,
BSc
|
| Course
coordinator |
- Ulf Nielsson - Department of Finance (FI)
|
| Main academic
disciplines |
|
|
| Teaching
methods |
|
|
|
Last updated on
12/02/2019
|
| Learning objectives |
- 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 |
The exam in the subject consists of two parts:
| Corporate
Finance 4-hour written exam: | | Sub exam weight | 70% | | Examination form | Written sit-in exam on CBS'
computers | | Individual or group exam | Individual exam | | Assignment type | Written assignment | | Duration | 4 hours | | Grading scale | 7-step scale | | Examiner(s) | Internal examiner and external examiner | | Exam period | Summer | | Aids | Limited aids, see the list below:
The student is allowed to bring - USB key for uploading of notes, books and compendiums in a
non-executable format (no applications, application fragments, IT
tools etc.)
- Any calculator
- Books (including translation dictionaries), compendiums and
notes in paper format
The student will have access to - Access to CBSLearn
- Access to the personal drive (S-drive) on CBS´
network
| | 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. |
| Corporate
Finance home assignment: | | Sub exam weight | 30% | | Examination form | Home assignment - written product | | Individual or group exam | Individual exam | | Size of written product | Max. 5 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 | Description of the exam
procedure
A paper will be set by the teacher which the students have to
prepare individually and submit electronically. The same assignment
cannot be handed in for the ordinary exam and the re-exam.
The final grade is based on both assessments weighting 30% and
70%. Both parts of the exam must be passed with a minimum grade of
02. |
|
| Course content and structure |
|
This is an introductory course in finance focusing on corporate
applications in the international environment. It covers the basic
theories of interest rates, valuation of streams of cash flows,
pricing of risk, and it addresses the practical implications for
capital structure, project valuation, financing, and risk
management.
More specifically, the course contains a basic introduction to
topics such as:
- the main characteristics of corporations,
- the relationship between accounting information and the
information analysed in corporate finance,
- interest rates and the time value of money,
- the valuation of bonds and stocks,
- the investment decision,
- the financing decision including capital structure theory and
the cost of capital,
- payout policy,
- international financial management and capital budgeting
- financial and real options
- risk management.
|
| Description of the teaching methods |
| Lectures |
| Feedback during the teaching period |
| Student feedback will occur regularly throughout
the course, e.g. via exercise classes, office hours and in-class
problem solving. Students are encouraged to make use of those to
enhance their learning experience, of course in addition to regular
participation and two-way communication in lectures. The lecturer
will also strive to be readily available for a one-to-one dialogue
in both lecture breaks and following each lecture
session. |
| Student workload |
| Lectures |
42 hours |
| Exercises |
14 hours |
| Examination |
52 hours |
| Preparation |
98 hours |
| Total |
206 hours |
|
| Expected literature |
|
To be announced on Learn
|
Last updated on
12/02/2019
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