2024/2025 KAN-CEADO1003U Corporate Finance
English Title | |
Corporate Finance |
Course information |
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Language | English |
Course ECTS | 7.5 ECTS |
Type | Mandatory (also offered as elective) |
Level | Full Degree Master |
Duration | One Semester |
Start time of the course | Autumn |
Timetable | Course schedule will be posted at calendar.cbs.dk |
Max. participants | 50 |
Study board |
Study Board for OECON and ECFI
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Course coordinator | |
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Main academic disciplines | |
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Teaching methods | |
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Last updated on 16-01-2024 |
Relevant links |
Learning objectives | ||||||||||||||||||||||||||||||||||||||||||||||
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Course prerequisites | ||||||||||||||||||||||||||||||||||||||||||||||
This is a mandatory course for the MSc in
Advanced Economics and Finance. It is assumed that students have
knowledge similar to the entry requirements for this program. The
course has 42 confrontation hours and there is a high level of
interaction between lecturer and students, and in general a high
work load.
To sign up send a 1-page motivational letter, a 1-page CV, and a grade transcript to ily.stu@cbs.dk before the registration deadline for elective courses. You may find the registration deadlines on my.cbs.dk ( https://studentcbs.sharepoint.com/graduate/pages/registration-for-electives.aspx ). Please also remember to sign up through the online registration. |
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Examination | ||||||||||||||||||||||||||||||||||||||||||||||
The exam in the subject consists of two parts:
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Course content, structure and pedagogical approach | ||||||||||||||||||||||||||||||||||||||||||||||
The first part of the course introduces students to corporate finance. The second part of the course provides students with a research-based knowledge and understanding of core topics in corporate finance focusing on the implications of asymmetric information and agency conflicts. The course covers corporate valuation, capital structure, payout policy, and corporate governance. It is a fundamental finance course and complements the course on asset pricing theory. |
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Description of the teaching methods | ||||||||||||||||||||||||||||||||||||||||||||||
The format of the course is based on the
following elements:
• Class lectures • Possibility of student presentations of relevant journal articles • Case analysis which is participation oriented • Class and home exercises |
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Feedback during the teaching period | ||||||||||||||||||||||||||||||||||||||||||||||
The students will receive feedback in relation to the midterm exam and in connection with student presentations. In addition, the students can receive more individual feedback in office hours. | ||||||||||||||||||||||||||||||||||||||||||||||
Student workload | ||||||||||||||||||||||||||||||||||||||||||||||
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Expected literature | ||||||||||||||||||||||||||||||||||||||||||||||
“Corporate Finance” by Jonathan Berk and Peter DeMarzo, 5th edition, Pearson. |