| TPPE17 |
Corporate Finance, 6 ECTS credits.
/Corporate Finance/
For:
I
Ii
IMM
|
| |
Prel. scheduled
hours: 40
Rec. self-study hours: 120
|
| |
Area of Education: Technology
Subject area: Industrial Engineering and Management
|
| |
Advancement level
(G1, G2, A): G2
|
|
Aim:
Having completed the course the student should:
- have knowledge about the trade-offs that guide companies in their choice of capital structure and dividend policy
- be able to use the net-present-value technoque in capital budgeting and poject appraisals
- be able to determine appropriate, risk-adjusted costs of capital for companies and projects, with respect to financing sources and tax considerations
- have knowledge about the characteristics of basic derivative securities and be able to use the Black-Scholes Model to value options
|
|
Prerequisites: (valid for students admitted to programmes within which the course is offered)
Basic knowledge in accounting, optimisation, probability theory and statistics.
Note: Admission requirements for non-programme students usually also include admission requirements for the programme and threshhold requirements for progression within the programme, or corresponding.
|
|
Supplementary courses:
Financial markets and instruments, Derivatives valuation, Financial risk management, Portfolio management, Financial optimisation
|
|
Organisation:
The theory is presented during lectures and in tutorial classes.
|
|
Course contents:
- Net present value methodology
- Portfolio theory
- Capital market equilibrium models (primarily CAPM)
- Dividend- and capital-structure policy
- Risk-adjusted costs of capital
- Valuation of loans and financial leases
- Futures and options contracts
|
|
Course literature:
Brealey, R.A., Myers, S.C. & Allen, F. "Corporate Finance"
|
|
Examination: |
|
A written examination |
4 p
|
/
|
6 ECTS
|
| |
|
|
Course language is English.
Department offering the course: IPE.
Director of Studies: Martin Kylinger
Examiner: Peter Hultman
Link to the course homepage at the department
Course Syllabus in Swedish
|