Learning outcomes of the curricular unit

The corporate finance course presents the student with the fundamental concepts for financial decisionmaking in the corporate environment. In a first stage, and with a practical focus, will be discussed, in particular, the concepts of finance, value creation, agency problems, financial statement analysis and planning (building financial statements) will be addressed, together with the concepts of risk and return. On a second stage, the main instruments for the valuation of financial assets and investment analysis will be presented. The discussion of the capital asset pricing model financing policy, capital structure and dividend policy follows

Syllabus

1. Introduction
1.1. Characterization of Corporate Finance
1.2. Introduction to financial calculus
1.3. Valuation Principles from the Shareholder Perspective

2. Financial Analysis and Planning
2.1. Characterization of Financial analysis and Planning
2.2. Adjustment of Financial Statements for Analysis and Financial Planning
2.3. Instruments of Financial Analysis
2.4. Instruments of Financial Planning

3. Capital Budgeting
3.1. Characterization of Capital Budgeting
3.2. Investment Valuation and Selection
3.3. Determination of the Investment Cash Flows
3.4. Total Risk Analysis

4. Financing Decisions
4.1. Characterization of the Financing Decision
4.2. Concept and Measure of Cost of Capital
4.3. Capital Structure Theory
4.4. Financing Decision-Making

5. Dividend Policy