Principles of Corporate Finance
Objectives
Available soon
General characterization
Code
33161
Credits
6
Responsible teacher
Available soon
Hours
Weekly - Available soon
Total - 168
Teaching language
EN
Prerequisites
Not Applicable
Bibliography
Not Applicable
Teaching method
The teaching method is based on theoretical-practical lectures, 1 per week. It will be proposed the resolution in group of a practical case on all the topics taught in class during the cycle. At the end, a final exam will be taken that will cover the whole points of the syllabus.The students will be provided with a collection of cases and exercises for monitoring and training in individual or group study.
Evaluation method
The teaching method is based on theoretical-practical lectures, 1 per week. It will be proposed the resolution in group of a practical case on all the topics taught in class during the cycle. At the end, a final exam will be taken that will cover the whole points of the syllabus.The students will be provided with a collection of cases and exercises for monitoring and training in individual or group study.
Subject matter
1. Introduction
1.1. Introduction to Financial Management
1.2. The Financial Management Decisions
1.3. The Agency Problem and Control of the Corporation
1.4. Accounting Information and Financial Statements
2. Value and Capital Budgeting
2.1. Discounted Cash Flow Valuation
2.2. Discount Rates
2.3. Investment Rules: NPV, IRR, Payback, PI
2.4. Investment Decisions: Special Cases
3. Long-term Financing
3.1. Equity Financing
3.2. Debt Financing
3.3. Equity vs Debt
4. Capital Structure
4.1. Capital Structure: Basic Concepts
4.2. Limits to the Use of Debt
4.3. Valuation and Capital Budgeting for the Levered Firm
5. Enterprise Valuation
5.1. Risk and Return: The Capital Asset Pricing Model
5.2. Discounted Free Cash Flow Valuation (FCFF)
5.3. Economic Value Added (EVA)