Corporate Banking

Prerequisites
There are no formal prerequisites, but the knowledge of basic Corporate Finance and Capital Markets concepts is assumed.

Objectives
The objective of the course is to provide students with the theoretical framework and the practical tools to analyze and interpret corporate financing decisions.

Description / Program

This course presents state-of-the art concepts of finance theory and applies them to practical corporate financing issues. The theoretical part of the course will briefly review standard corporate financing theory, then move on to the concepts of asymmetric information and agency costs, and how they play into the practical issue of raising long-term funds for a company.

The applied part of the course will use case studies to bring together the major corporate finance concepts studied during the Master´s program.

Learning Method / Style of Lessons
Lectures and class discussion.

Exam Style

The examination consists in a written open book exam (40% of the final grade, 90 minutes) on theory and an oral exam on all the case studies, all the theory and a minicase (60% of the final grade, 20 minutes min.). One week before the oral exam we will upload a minicase with some questions you must prepare for the exam.

Problem sets and active class participation can raise the final grade by one point. 

Requested Material
Reading packet and lecture note.

Readings/Textbooks
A reading packet will be distribute.