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2023/2024  BA-BSOCO2020U  Corporate Finance

English Title
Corporate Finance

Course information
Language English
Course ECTS 7.5 ECTS
Type Mandatory
Level Bachelor
Duration One Semester
Start time of the course Spring
Timetable Course schedule will be posted at calendar.cbs.dk
Study board
Study Board for BSc in Business Administration and Sociology
Course coordinator
  • Sangeun Ha - Department of Finance (FI)
Main academic disciplines
  • Finance
Teaching methods
  • Face-to-face teaching
Last updated on 01-12-2023

Relevant links
Learning objectives
On successful completion of the course, students should be able to:
  • Identify, explain, discuss and apply the core concepts, models and methods in Corporate Finance.
  • Calculate, interpret and compare financial statistics, prices, returns and costs.
  • Elaborate, present and discuss solutions for financial decision problems.
Examination
Corporate Finance:
Exam ECTS 7,5
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-point grading scale
Examiner(s) One internal 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
  • In Paper format: Books (including translation dictionaries), compendiums and notes
The student will have access to
  • Access to Canvas
  • Access to the personal drive (S-drive) on CBS´ network
  • Advanced IT application package
Make-up exam/re-exam
Same examination form as the ordinary exam
The number of registered candidates for the make-up examination/re-take examination may warrant that it most appropriately be held as an oral examination. The programme office will inform the students if the make-up examination/re-take examination instead is held as an oral examination including a second examiner or external examiner.
Course content, structure and pedagogical approach

This course provides a broad overview of corporate finance covering the main tools that financial managers use to analyze investment and financing decisions.

The first set of lectures will be devoted to introducing students to the goals pursued by corporations and to the financial side of their operations. Subsequently, we will be reviewing some of the accounting concepts that represent an essential background in this field, and we will introduce the concept of “time value of money”, which will be a key building block in developing our theory of asset pricing. The same paradigm will also be applied to the valuation of the streams of cash flows that firms generate through their investment projects, which will ultimately lead us to the formulation of a method for making investment decisions.
Description of the teaching methods
The course consists of lectures and exercises. It is taught in face-to-face teaching.
Feedback during the teaching period
Student feedback will occur regularly throughout the course.

Students are encouraged to make use of those to enhance their learning experience, 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 during lecture breaks and following each lecture session.

The teacher will also provide feedback to the entire class following individual student requests, in particular as the examination draws closer. Open forums of smaller groups will be held where the teacher takes student questions and provides feedback on the course material. Last but not least, several exercises will be held in class, such that both the teacher and the students can continuously assess the individual performance throughout the course.
Student workload
Lectures 42 hours
Exercise classes 20 hours
Preparation 138 hours
Examination 4 hours
Expected literature

Main Textbook:

Brealey, Myers, and Marcus, Fundamentals of Corporate Finance (McGraw Hill International Edition), newest edition available in adequate advance of the course start.

 

Additional reading list can be found in the course plan that will be published on Canvas before classes begin.
Last updated on 01-12-2023