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 and investment criteria
Financial structure decisions
Financial sources costs – WACC and CAPM
Cash flow planning
Current assets management
Short term financing
Risk management
Bond and stock valuation
ESG dynamics and relevance in corporate finance
Responsible and accountable aspects of finance
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. The student designs and uses a wide range of financial methods and techniques that are key to understanding business finance in a company (PILO 1a, 2b).
2. The student understands, analyzes and uses Has an in-depth and systematic understanding of key terms and concepts in the field of business finance, financial theories and models that influence decisions in companies and is able to use these theories and models in the analysis of financial decisions (PILO 2a).
3. The student recognizes ethical dilemmas Is aware of ethical dilemmas in the financial industry and masters a proactive approach in finding solutions to them, especially in the context of corporate governance, responsible investment and financial reporting, and understands the importance of ethical codes and professional standards (PILO 4c).
4. The student critically evaluates and analyzes Can critically analyze complex and sometimes contradictory areas of finance, including financial analysis, risk assessment and company valuation, and can explain the results of his analysis in a comprehensible manner (PILO 3a, 3b).
5. The student can critically synthesize financial information and develop innovative approaches to financial decision-making, taking into account both the theoretical and practical value of his findings for the company and the wider social community (PILO 1a).
6. The student independently and in an original way Demonstrates independence and originality in analyzing and analyzing 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. The student is proficient in operating in complex and unpredictable financial circumstances, following best practices and standards in financial management, risk assessment and corporate governance to ensure sustainable and ethical growth of the company (PILO 4b).
7
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. The student designs and uses a wide range of financial methods and techniques that are key to understanding business finance in a company (PILO 1a, 2b).
2. The student understands, analyzes and uses Has an in-depth and systematic understanding of key terms and concepts in the field of business finance, financial theories and models that influence decisions in companies and is able to use these theories and models in the analysis of financial decisions (PILO 2a).
3. The student recognizes ethical dilemmas Is aware of ethical dilemmas in the financial industry and masters a proactive approach in finding solutions to them, especially in the context of corporate governance, responsible investment and financial reporting, and understands the importance of ethical codes and professional standards (PILO 4c).
4. The student critically evaluates and analyzes Can critically analyze complex and sometimes contradictory areas of finance, including financial analysis, risk assessment and company valuation, and can explain the results of his analysis in a comprehensible manner (PILO 3a, 3b).
5. The student can critically synthesize financial information and develop innovative approaches to financial decision-making, taking into account both the theoretical and practical value of his findings for the company and the wider social community (PILO 1a).
6. The student independently and in an original way Demonstrates independence and originality in analyzing and analyzing 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. The student is proficient in operating in complex and unpredictable financial circumstances, following best practices and standards in financial management, risk assessment and corporate governance to ensure sustainable and ethical growth of the company (PILO 4b).
7
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
3. MIKLUŠ, Matjaž, OPLOTNIK, Žan. Capital market response to the change in the dividend policy : the case of Slovenian stock market. Research in applied economics. 2016, vol. 8, no. 1, str. 42-57, tabele. ISSN 1948-5433. http://www.macrothink.org/journal/index.php/rae/article/view/8839, DOI: 10.5296/rae.v8i1.8839. [COBISS.SI-ID 525415961]
Dopolnilni viri (Additional textbooks):
4. Brigham, E.F., Daves, P.R. (2021); Intermediate Financial Management, 14th edition, Boston, Cengage
5. Oplotnik, Z.J., Mlinarič, F. (2007); Zbornik predavanj FUVII (na voljo v e-učilnici)
6. Kodeks poklicne etike poslovnega finančnika. 2001. Ljubljana: Zveza RFRS,
7. Kodeks poslovnofinančnih načel. 1997. Ljubljana: Zveza RFRS.
8. Zakon ZFPPIPP. Uradni list RS, št. 13/2014.
9. Damodaran, Aswath. 2024. Damodaran Online. Https://pages.stern.nyu.edu/~adamodar/ (12.03.20244)
10. Bodie, Z., Kane, A., Marcus, A. J. (2021). Investments. United States: McGraw-Hill Education
11. Baze podatkov bonitetnih agencij in javnih evidenc (E-Bonitete, AJPES, ipd)
Prerequisits
No requirements
Additional information on implementation and assessment Written exam - individual written exam
Seminar paper - writing and presenting of seminar paper
in-class participation: - short tasks based on case studies
