Corporate Finance (2235.YR.015519.1)

General information

Type:	OBL	Curs:	1	Period:	S semester
ECTS Credits:	4 ECTS

Teaching Staff:

Group	Teacher	Department	Language
Year 1	Vicente Jose Bermejo Boixareu	Economía, Finanzas y Contabilidad	ENG

This is a core course

Finance courses in undergraduate level.

The Corporate Finance course of the MSc in Finance will prepare you to be a financial manager and equip you with the necessary tools to make accurate investment and financing decisions. The course complements your core Corporate Valuation course, and forms the first part of a two-course sequence covering Corporate Finance.

In this course we focus, on answers to the following questions:
- Time value of money: How much is a project worth and which projects should be accepted?
- Capital structure theory: How to finance a selected investment?
- Valuation: How are corporations valued?
- Initial public offerings: How and why does a company go public?
- Payout policy: How should I pay investors?

The aim of the course is to provide a broad conceptual and practical foundation for analysing issues in Corporate Finance. The course is primarily case-based because it aims to enable you to apply the concepts you learn in practice.

Upon completing this course students should be able to:

? Understand and apply the theory behind the time value of money
? Understand the concepts of capital structure and be able to discuss the financing decisions of corporations
? Understand the importance of asymmetric information and signalling in capital markets and financial decisions
? Understand how firms enter the public equity market including all of its benefits, costs and interesting peculiarities
? Critically discuss the way firms conduct pay-outs to their investors

1. Capital Structure

2. Valuation

3. Initial Public Offerings

4. Payout Policy

5. Financial Management

Teaching involves traditional lecturing, business cases and discussions, and presentations.

ASSESSMENT BREAKDOWN

- Corporate Finance by J. Berk and P. DeMarzo, Pearson Global Edition (last edition)

- Fundamentals of Corporate Finance, by S. Ross, R. Westerfield and B. Jordan, McGraw-Hill Education (last edition)

Group	Teacher	Department
Year 1	Vicente Jose Bermejo Boixareu	Economía, Finanzas y Contabilidad