Informations about the modules
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Module (6 Credits)
Corporate Finance
- Name in diploma supplement
- Corporate Finance
- Responsible
- Admission criteria
- See exam regulations.
- Workload
- 180 hours of student workload, in detail:
- Attendance: 60 hours
- Preparation, follow up: 75 hours
- Exam preparation: 45 hours
- Duration
- The module takes 1 semester(s).
- Qualification Targets
Students
- get familiar with modern concepts and methods of analyzing optimal financial decision making in corporations
- can evaluate the empirical validity of leading models and apply them to solve real-world problems in corporate financial decision making
- are able to understand and explain discrepancies between the theory and the practice of corporate finance
- can evaluate scientific studies accurately, understand the methodology used in leading papers of the field, can interpret estimation results correctly and analyze them critically
- can communicate and debate topics of the lecture in a structured and professional way
- Relevance
The module is practically relevant since it teaches some of the fundamental models, methods, and best practices used by financial managers working in large corporations.
- Module Exam
The module-related examination is performed by a written test (usually 60-90 minutes).
- Usage in different degree programs
- Elements
Lecture (3 Credits)
Corporate Finance
- Name in diploma supplement
- Corporate Finance
- Organisational Unit
- Lecturers
- SPW
- 2
- Language
- English
- Cycle
- winter semester
- Participants at most
- no limit
- 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
Exercise (3 Credits)
Corporate Finance
- Name in diploma supplement
- Corporate Finance
- Organisational Unit
- Lecturers
- SPW
- 2
- Language
- English
- Cycle
- winter semester
- Participants at most
- no limit
- Preliminary knowledge
See lecture
- Contents
See lecture
- Literature
See lecture
- Teaching concept
The theory, methodology, and concepts from the lecture are applied with case studies, numerical examples, and additional material. Excerpts from key scientific papers are presented to the students and are discussed together.
- Participants