Corporate Finance

Objectives

This is an introductory course to corporate finance. The goal of the course is to acquire the tools and develop the skills necessary for making investment and financing decisions that generate shareholder value. Topics are covered in two modules. The first module studies various capital budgeting and valuation techniques, including NPV, IRR, APV, ROA, valuation with multiples, etc. In the second module, we will be focusing on financial decisions, particularly on the choice between debt and equity as well as payout policy.

General characterization

Code

2253

Credits

7

Responsible teacher

Fernando Anjos | Ekaterina Gavrilova

Hours

Weekly - Available soon

Total - Available soon

Teaching language

English

Prerequisites

n/a


Bibliography

- Berk, Jonathan and Peter DeMarzo (BD), Corporate Finance, Prentice Hall.

-  Brealey, Richard A., Myers, Stewart C., and Franklin Allen (BMA), Principles of Corporate Finance, McGraw-Hill.
- Grinblatt, Mark and Sheridan Titman (GT), Financial Markets and Corporate Strategy, McGraw- Hill Irwin.
-  Ivo Welch (W), Corporate Finance, http://book.ivo-welch.info/home/

Teaching method

The course will consist of lectures, problem sets , cases/reports and exams


Evaluation method

Case study

Company valuation assignment

Final exam 

Subject matter

This is an introductory course to corporate finance. Topics are covered in two modules. The first module studies various capital budgeting and valuation techniques, including NPV, IRR, APV, valuation with multiples, etc. In the second module, we will be focusing on financial decisions, particularly on the choice between debt and equity as well as payout policy.