The main objective of the course is to provide an in-depth knowledge of the main dynamics of corporate finance, the different types of extraordinary transactions and the underlying business logic. During the course, the student will acquire theoretical and practical skills relating to financial statement indicators, evaluation methods (DCF, Multiples, ...) and the effects of extraordinary operations. At the end of the course the student will be able to evaluate a company and understand merger and acquisition scenarios.
Course Prerequisites
Reading and knowledge of the main items of a balance sheet and income statement. Knowledge of the main financial instruments
Teaching Methods
The course method uses lectures, case studies and exercises/group work. To carry out the frontal lessons and case studies, Power Point presentations are used, made available to students in the section dedicated to teaching on the KIRO platform. During group work, students will be guided in carrying out exercises and analyzes in groups on topics of interest for teaching.
Assessment Methods
The course grade will be determined by your class participation, performance on the assigned cases and a final exam. The final exam cover topics discussed during the lessons and will include 20 questions and 2 exercises.
This course presents the foundations of finance with an emphasis on practical applications for corporate managers. We discuss most of the major financial decisions made by corporate managers both within the firm and in their interactions with investors. Essential in most of these decisions is the process of valuation, which will be emphasized throughout the course. Topics include criteria for making investment decisions, valuation of financial assets (stocks and bonds) and liabilities, relationships between risk and return, capital structure choice, payout policy and the debt different instruments for financing corporates.
Course Language
English
More information
Indicative course main topics • Financial Instruments • Performance indicators • Evaluation methods • Value of Stocks • Dividend Policy • M&A • Corporate Financings