Objectives and competences
1. Acquaintance of the most important concepts in the field of Corporate Finance and Financial Management.
2. Understanding of the most demanding tasks in finance and work as CFO of the company.
3. Understanding of finance, financial processes and financial environment related to corporate processes and decision making in every company or institution.
Content (Syllabus outline)
Introduction in Corporate finance and financial management;
Risk and Return, Time Value of Money and Cost of Capital;
Financial Statement Analysis, Cash Flow, Bond, Equity and Firm Valuation;
Investment in long term assets, Capital Budgeting, Project Valuation, NPV, IRR and other Investment Rules;
Long-term Financing, Financing decisions and Capital Structure, Equity vs. Debtand Dividend Policy;
Short-term Finance, Financial Planning and Working Capital Management;
Special Topics in CF(M&A, Risk management, Financial Distress, Derivatives and International Finance).
Readings
Ross, S.A., Westerfield, R.W. and Jaffe, J.F. (2013), Corporate Finance. 10th Edition, McGraw-Hill, Irwin, New York.
Damodaran, Aswath (2012-on line); Corporate finance: Theory and practice; http://pages.stern.nyu.edu/~adamodar/
