Objectives and competences
To build on your knowledge of the basics of finance and financial management and link it to a practical understanding of financial management. The student is equipped to successfully take on the tasks of a business financier in practice and gains the ability to understand modern theoretical concepts of business finance and to assess their applicability in practice. The student is able to independently apply theoretical knowledge and best practices in a company.
Content (Syllabus outline)
Long term financial planning
Long term investing
Financial structure decisions
Financial sources costs
Cash flow planning
Current assets management
Short term financing
Risk management
Bond valuation
Share valuation
Dividend policy
Learning and teaching methods
- Interactive lectures with and group discussions.
- Practical tutorial based on case studies.
- Independent research and critical study of materials.
- Practice of communication skills through presentations.
Intended learning outcomes - knowledge and understanding
Students in this course:
1. Know, understand and demonstrate the ability to formulate and apply a wide range of financial methods and techniques that are key to understanding business finance in the firm (PILO 1a, 2b).
2. Have an in-depth and systematic understanding of the key concepts and terms in business finance, financial theories and models that influence corporate decisions and be able to apply these theories and models to the analysis of financial decisions (PILO 2a).
3. Be aware of ethical dilemmas in the financial industry and be able to take a proactive approach to finding solutions to them, particularly in the context of corporate governance, responsible investment and financial reporting, and understand the importance of ethical codes and professional standards (PILO 4c).
4. Be able to critically analyse complex and sometimes conflicting areas of finance, including financial analysis, risk assessment and business valuation, and be able to explain the results of his/her analysis in a comprehensible manner (PILO 3a, 3b).
5. Be able to critically synthesise financial information and develop innovative approaches to financial decision-making, taking into account both the theoretical and practical value of their findings for the firm and the wider social community (PILO 1a).
6. Demonstrate independence and originality in analysing and solving financial problems, including planning and implementing financial strategies and making decisions in uncertain and complex situations, taking into account relevant financial, ethical and legal frameworks (PILO 4a).
7. Master complex and unpredictable financial circumstances, following best practices and standards in financial management, risk assessment and corporate governance to ensure the sustainable and ethical growth of the company (PILO 4b).
The PILO label (i.e., Programme Intended Learning Outcomes) defines the contribution of each listed intended learning outcome of a course towards achieving the general and/or subject-specific competencies or learning outcomes acquired through the programme.
Intended learning outcomes - transferable/key skills and other attributes
Students in this course:
1. Know, understand and demonstrate the ability to formulate and apply a wide range of financial methods and techniques that are key to understanding business finance in the firm (PILO 1a, 2b).
2. Have an in-depth and systematic understanding of the key concepts and terms in business finance, financial theories and models that influence corporate decisions and be able to apply these theories and models to the analysis of financial decisions (PILO 2a).
3. Be aware of ethical dilemmas in the financial industry and be able to take a proactive approach to finding solutions to them, particularly in the context of corporate governance, responsible investment and financial reporting, and understand the importance of ethical codes and professional standards (PILO 4c).
4. Be able to critically analyse complex and sometimes conflicting areas of finance, including financial analysis, risk assessment and business valuation, and be able to explain the results of his/her analysis in a comprehensible manner (PILO 3a, 3b).
5. Be able to critically synthesise financial information and develop innovative approaches to financial decision-making, taking into account both the theoretical and practical value of their findings for the firm and the wider social community (PILO 1a).
6. Demonstrate independence and originality in analysing and solving financial problems, including planning and implementing financial strategies and making decisions in uncertain and complex situations, taking into account relevant financial, ethical and legal frameworks (PILO 4a).
7. Master complex and unpredictable financial circumstances, following best practices and standards in financial management, risk assessment and corporate governance to ensure the sustainable and ethical growth of the company (PILO 4b).
The PILO label (i.e., Programme Intended Learning Outcomes) defines the contribution of each listed intended learning outcome of a course towards achieving the general and/or subject-specific competencies or learning outcomes acquired through the programme.
Readings
Obvezna študijska literatura (Compulsory textbooks):
1. Ross, S.A., Westerfield, R.W., Jaffe, J.(2015) Corporate finance, 11th ed., McGraw-Hill Education
2. Stubelj, I., Dolenc, P., Laporsek, S. (2016); Poslovne finance s primeri in z rešitvami, FinKin, Ljubljana
Dopolnilni viri (Additional textbooks):
3. Brigham, E.F., Daves, P.R. (2021); Intermediate Financial Management, 14th edition, Boston, Cengage
4. Oplotnik, Z.J., Mlinarič, F. (2007); Zbornik predavanj FUVII (na voljo v e-učilnici)
5. Kodeks poklicne etike poslovnega finančnika. 2001. Ljubljana: Zveza RFRS,
6. Kodeks poslovnofinančnih načel. 1997. Ljubljana: Zveza RFRS.
7. Zakon ZFPPIPP. Uradni list RS, št. 13/2014.
8. Damodaran, Aswath. 2024. Damodaran Online. Https://pages.stern.nyu.edu/~adamodar/ (12.03.20244)
9. Bodie, Z., Kane, A., Marcus, A. J. (2021). Investments. United States: McGraw-Hill Education
10. Baze podatkov bonitetnih agencij in javnih evidenc (E-Bonitete, AJPES, ipd)
Prerequisits
No requirements
Additional information on implementation and assessment • written exam
• seminar paper
• active cooperation at lectures and tutorials
Written exam - individual written exam
Seminar paper - writing and presenting of seminar paper
Active cooperation at tutorials - short tasks based on case studies
