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Home Nicolau Mihaela Didattica 2017/2018 Investments analysis and financial risk management

Investments analysis and financial risk management - Investments analysis (mod. a)

  • A.A. 2017/2018
  • CFU 6
  • Ore 40
  • Classe di laurea LM-77
Mihaela Nicolau / Professoressa a contratto
Prerequisiti

Microeconomics and Financial Mathematics

Obiettivi del corso

This course provides an in-depth discussion of fundamental principles related to corporate finance. The main objectives of this class include understanding a) value a project, b) how securities are priced c) how to finance a project.
Though we consider the viewpoint of corporate investment professionals, the primary focus in this course centres on personal financial decisions. Therefore, as we move through the material in this course, it's a good idea to ask yourself, "How would the material covered in this class affect my real-world investment decisions?"

Programma del corso

Topics
Topic 1 Introduction to Corporate Finance
Topic 2 Net present Value and Other Investment Criteria/Making Investment Decisions with the NPV rule
Topic 3 Valuing Bonds
Topic 4 Valuing Common Stocks
Topic 5 Risk and Return/Capital Asset Pricing Model
Topic 6 Corporate Financing/How much should a corporation borrow?

Testi (A)dottati, (C)onsigliati
  • 1.  (A) Brealey, Mayers and Allen Principles of Corporate Finance, 12th edition MCGRAW-HILL, New York, 2017 » Pagine/Capitoli: Chapters: 1,2,3,4,5,6, 7, 8, 14,
Altre informazioni / materiali aggiuntivi

SLIDES

Metodi didattici
  • Lectures, practical exercises and case studies
Modalità di valutazione
  • Final Written Exam 70% (open questions, multiple choices and exercises)
    Homeworks 15%
    Final project 15%
    Students that do not attend class will be evaluated based only on the final written exam.
Lingue, oltre all'italiano, che possono essere utilizzate per l'attività didattica

English

Lingue, oltre all'italiano, che si intende utilizzare per la valutazione

English

  Torna alla scheda
  Materiali didattici
  • Exam 14/02/2018 Final Grades
  • Exam 31/01/2018 Final Grades
  • Exam 17/01/2018 Final Grades
  •  Module 5 How Much Should a Corporation Borrow?

    a) Corporate Taxes and Value; b) Corporate and Personal Taxes; c) Cost of Financial Distress; d) Pecking Order of Financial Choices

  •  Module 4 Valuing Common Stocks

    a) How stocks are traded; b) How common stocks are valued; c) Estimating the cost of equity capital; d) The link between stock price and earnings per share; e) Valuing a business by Discounted Cash Flow

  • Homework 1

    The due date is 5th of December 2017. Students must deliver the document at the beginning of class.

  •  Module 3 Valuing Bonds

    a) Bond Characteristics b) Bond Pricing Using the Present Value Formula c) Bond Prices and Interest Rates d) Corporate Debt e) Default Risk

  •  Module 2 Making Investment Decisions with the Net Present Value Rule

    a) How to Calculate Present Values? b) Payback c) Internal Rate of Return and Discounted-Cash-Flow d) Choosing Capital Investments When Resources Are Limited e) Making Investment Decisions with the Net Present Value Rule

  • Course and Exam Infos
  •  Module 1 The basics of investments

    a) Define an Investment. b) How to Make an Investment Decision. c) The Role of Financial Intermediation