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Corporate Finance

Description

Objectives
This course teaches the logic underlying the firm’s financial decisions: investment, financing, and payout policies

Description / Program
The main themes of the course are:

  • What is corporate finance?
  • The concept of value
  • The discounted cash-flow (DCF) method in theory and practice
  • Capital budgeting decisions
  • Market efficiency and financial policy
  • Financial structure and the Modigliani-Miller theorem
  • Payout policies: dividends and share repurchases.

Learning Method / Style of Lessons
In class with exercises

Exam Style
Written exam in examination session

Required Material
Corporate Finance, plus MyFinanceLab with Pearson eText, Global Edition (Fourth Edition), Pearson 2016, ISBN13: 9781292163031

People

 

Frésard L.

Course director

Chen S.

Assistant

Additional information

Semester
Fall
Academic year
2019-2020
ECTS
6
Language
English
Education
Bachelor of Arts in Economics, Specialised course, Financial economics, 3rd year
Bachelor of Arts in Economics, Elective course, Elective course, 3rd year
Master of Science in Economics in Economic Policy (until A.Y. 2018), Elective course, Elective course, 2nd year
Master of Science in Economics in Finance, Core course, Minor in Quantitative Finance, 1st year
Master of Science in Economics in Finance, Core course, Minor in Banking and Finance, 1st year
Master of Science in Economics in Finance, Core course, Minor in Digital Finance, 1st year