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2024/2025  BA-BSEMO1012U  Corporate Finance

English Title
Corporate Finance

Course information
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
Course coordinator
  • Yingjie Qi - Department of Finance (FI)
Main academic disciplines
  • Finance
Teaching methods
  • Face-to-face teaching
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
Course prerequisites
The course is only offered for students in the BSc SEM program
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 Spring
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.
Description of the exam procedure

A guiding solution to the exam will be uploaded to the course website.
Course content, structure and pedagogical approach

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.
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
Lectures 42 hours
Exercises 12 hours
Exam 50 hours
Preparation 102 hours
Expected literature

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.

Selected readings including articles which will be available on Cavas or in hard copy.

Please note, changes might occur. The final reading list will be uploaded to Learn two weeks before the course starts.
Last updated on 16-04-2024