Preliminary knowledge

Students are assumed to have an undergraduate level knowledge of finance and of statistics/econometrics. A sufficient level of spoken and written English language skills is necessary. 

Abstract

Structured presentation of the theory and practice of how corporations make financial decisions

Contents

• Statement Analysis
• Investments, Capital Budgeting, and DCF Valuation
• Valuation of Bonds and Stocks
• Risk and Return
• Capital Market Equilibrium and Cost of Capital
• Project Analysis and Real Options
• Capital Structure and Payout Policy
• Behavioral Corporate Finance

Literature

The course is based on material from the following corporate finance books:

• Berk/DeMarzo: Corporate Finance
• Brealey/Myers/Allen: Principles of Corporate Finance
• Welch: Corporate Finance
• Ross/Westerfield/Jaffe: Corporate Finance

Teaching concept

The course is held in the form of lectures.

Participants

• BWL-EaF-Ma-2015 > Pflichtbereich > (1st-2nd Semester, Compulsory) Modul "Corporate Finance"
• LA-gbF-kbF-BK-Ma-2014 > Masterprüfung in der kleinen beruflichen Fachrichtung > Finanz- und Rechnungswesen, Steuern > Wahlpflichtbereich Kleine berufliche Fachrichtung "Finanz- und Rechnungswesen, Steuern" > (1st-3rd Semester, Elective) Modul "Corporate Finance"
• MuU-Ma-2013 > Wahlpflichtbereich III > Wahlpflichtbereich III A.: Märkte und Unternehmen aus Unternehmensperspektive > (1st-3rd Semester, Elective) Modul "Corporate Finance"
• VWL-Ma-2009-V2013 > Wahlpflichtbereich II > (1st-3rd Semester, Elective) Modul "Corporate Finance"