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2023/2024 BA-BSEMO1012U Corporate Finance
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| Corporate Finance |
Course information |
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| 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
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| Course coordinator | |
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| Teaching methods | |
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| Last updated on 16-04-2024 | |
Relevant links |
| Learning objectives | ||||||||||||||||||||||||||||||||||||||||||||||||||
| 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 |
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| Course prerequisites | ||||||||||||||||||||||||||||||||||||||||||||||||||
| The course is only offered for students in the BSc SEM program | ||||||||||||||||||||||||||||||||||||||||||||||||||
| Examination | ||||||||||||||||||||||||||||||||||||||||||||||||||
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The exam in the subject consists of two parts:
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| Course content, structure and pedagogical approach | ||||||||||||||||||||||||||||||||||||||||||||||||||
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The course covers the core aspects finance focusing on corporate applications in the international environment. It covers the basic theories of interest rates, valuation of streams of cash flows, and pricing of risk, and it draws practical implications for capital structure, project valuation, financing, and risk management. The course provides a financial background in finance for a professional career based on the bachelor degree as well as for further academic studie
The participants are introduced to methodological and practical concepts in modern corporate finance using various pedagogical methods. The course design is aimed at reflecting finance in today’s digital world, for example by supplementary readings and discussions of practical applications of the course material and real-life dilemmas face by modern corporations. Overall this should provide participants with experience in implementing financial concepts and providing concrete financial recommendations in modern corporations. |
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| Description of the 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. | ||||||||||||||||||||||||||||||||||||||||||||||||||
| Feedback during the teaching period | ||||||||||||||||||||||||||||||||||||||||||||||||||
| Student feedback will occur regularly throughout the course. A midterm assignment will be handed out during the course, which will be followed by written and oral feedback that is designed to help students evaluate their own understanding of the material and the level of performance that is expected of them. Feedback will also occur via other aspects of the course. Every week during exercise classes students will get feedback on pre-assigned financial assignments. During these session students will also be given ample time to ask for individual feedback on specific exercises or on the more general course progress. The teacher will also provide individual feedback in office hours and per student requests. Students are encouraged to make use of these opportunities to enhance their learning experience, of course in addition to regular participation and two-way communication in lectures. In lectures there will also be in-class problem solving in order for both the teacher and the students to continuously assess individual performance throughout the course. The lecturer will moreover strive to be readily available for a one-to-one dialogue in both lecture breaks and following each lecture session. | ||||||||||||||||||||||||||||||||||||||||||||||||||
| Student workload | ||||||||||||||||||||||||||||||||||||||||||||||||||
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| Expected literature | ||||||||||||||||||||||||||||||||||||||||||||||||||
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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.
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