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2020/2021  MA-MMBAO3028U  Corporate Finance

English Title
Corporate Finance

Course information
Language English
Course ECTS 4 ECTS
Type Mandatory
Level Part Time Master
Duration One Semester
Start time of the course Autumn, Spring
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
  • Finance
Teaching methods
  • Face-to-face teaching
Last updated on 24-06-2020

Relevant links
Learning objectives
After completing this course, students are expected to be able to:
  • Solve real-world problems and cases using the tools and theoretical concepts from basic corporate finance.
  • Explain alternative approaches that can be used to solve these problems and cases.
  • Discuss advantages and disadvantages of such approaches and how the choice among these might influence the solution to the problem.
  • Relate the choice between various approaches to theoretical and empirical findings in corporate finance.
Prerequisites for registering for the exam (activities during the teaching period)
Number of compulsory activities which must be approved (see s. 13 of the Programme Regulations): 1
Oral presentations etc.
There will be a mandatory in-class activity.
Examination
Corporate Finance:
Exam ECTS 4
Examination form Oral exam based on written product

In order to participate in the oral exam, the written product must be handed in before the oral exam; by the set deadline. The grade is based on an overall assessment of the written product and the individual oral performance.
Individual or group exam Individual exam
Size of written product Max. 10 pages
Assignment type Project
Duration
Written product to be submitted on specified date and time.
20 min. per student, including examiners' discussion of grade, and informing plus explaining the grade
Grading scale 7-point grading scale
Examiner(s) Internal examiner and second internal examiner
Exam period Summer and Winter
Make-up exam/re-exam
Same examination form as the ordinary exam
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 10 pages long and submitted to CBS Digital Exam. The exam is held internally, and the assignment is put forward and assessed by the relevant faculty.
Course content, structure and pedagogical approach

The course introduces the main topics in corporate finance, which are critical for understanding and analyzing the many financial issues that face modern firms. These issues include, for example, how to evaluate investment decisions, how to balance risk versus return, and how to use different sources of financing to ensure the capital needed by a firm. Other topics covered include: valuation methods, performance evaluation, risk management, corporate governance, mergers and acquisition, venture capital, and private equity.
Description of the teaching methods
The course is structured in sessions, where each session is focusing on a specific topic. The course has diverse teaching methods using lectures, cases, readings and discussions. The class meetings are interactive and require ongoing engagement of the students.
Feedback during the teaching period
The feedback
Feedback is given to the student together with the grade when written and oral exams have been evaluated.

The evaluation
At the evaluation unit at CBS’s Economic & Analysis department we ask you to evaluate the overall course. In other words if there has been exercise classes and lectures the evaluation should include both. We evaluate every course and faculty to secure and strengthen the professional level of the offered course.
Student workload
Lectures 32 hours
Preparation + Exam 78 hours
Expected literature

Syllabus will be available, well in time, before the first session.
Last updated on 24-06-2020