040078 UK Special Topics in Banking and Finance: Corporate Finance (2015W)

4.00 ECTS (2.00 SWS), SPL 4 - Wirtschaftswissenschaften

Continuous assessment of course work

Moodle

Registration/Deregistration

Note: The time of your registration within the registration period has no effect on the allocation of places (no first come, first served).

Registration is open from Mo 14.09.2015 09:00 to Th 24.09.2015 14:00
Deregistration possible until We 14.10.2015 23:59

Details

max. 50 participants

Language: English

Lecturers

Natalia Milkova Ivanova

Classes (iCal) - next class is marked with N

    
    Thursday
    03.12.
    11:30 - 14:45
    Hörsaal 17  Oskar-Morgenstern-Platz 1  2.Stock
    
    Thursday
    10.12.
    11:30 - 14:45
    Hörsaal 17  Oskar-Morgenstern-Platz 1  2.Stock
    
    Thursday
    17.12.
    11:30 - 14:45
    Hörsaal 17  Oskar-Morgenstern-Platz 1  2.Stock
    
    Thursday
    07.01.
    13:15 - 14:45
    Hörsaal 17  Oskar-Morgenstern-Platz 1  2.Stock
    
    Thursday
    07.01.
    15:00 - 16:30
    Hörsaal 5  Oskar-Morgenstern-Platz 1  Erdgeschoß
    
    Thursday
    14.01.
    11:30 - 14:45
    Hörsaal 17  Oskar-Morgenstern-Platz 1  2.Stock
    
    Thursday
    21.01.
    11:30 - 14:45
    Hörsaal 17  Oskar-Morgenstern-Platz 1  2.Stock
    
    Thursday
    28.01.
    11:30 - 14:45
    Hörsaal 16  Oskar-Morgenstern-Platz 1  2.Stock

Information

Aims, contents and method of the course

This is a tentative schedule given according to topics and corresponding textbooks' chapters. I will determine the pace of class based on the overall student feedback and participation.
-Introduction
-The finance function and capital markets
Readings:
WH ch.1, ch.2.1-2.3
BD ch.1
-Arbitrage and the Law of One Price
Readings:
BD ch.3.4-3.5
-Long-term finance: equity finance
Readings:
WH ch.4, BD ch.9
-Long-term finance: debt finance, hybrid finance and leasing
Readings:
WH ch.5
-Valuing bonds
Readings:
BD ch.6
-The cost of capital and capital structure
Readings
WH ch.9
Dividend policy
Readings
WH ch. 10

Assessment and permitted materials

By the nature of this course, personal attendance is required. The grade will consist of four parts:
Final Exam (45%)
This is a closed book exam. Students are not allowed to use textbooks or notes or anything else besides a pocket calculator.
Midterm Exam (30%)
This is a closed book exam. Students are not allowed to use textbooks or notes or anything else besides a pocket calculator.
Exercises (10%)
Class Participation (10%)
Presence (5%)

Minimum requirements and assessment criteria

The aim of the course is to introduce the students with the basic concepts of Corporate Finance. We will study: equity and debt finance, how to value different types of bonds, the capital structure and dividend policies.

Examination topics

Reading list

Required Readings:
All relevant material, i.e. slides and exercises, is going to be available on the moodle platform of this course.

[WH] D.Watson, A.Head, Corporate Finance - Principles and Practice, Prentice Hall - Pearson Education Ltd
[BD] J. Berk, P. DeMarzo, Corporate Finance, Pearson Education Ltd

Recommended Readings:
Ivo Welch, Corporate Finance 2 ed., http://book.ivo-welch.info/ed2/.
John Graham, Scott B. Smart, William L. Megginson ,Corporate Finance: Linking Theory to What Companies Do [Book], 3 ed, South-Western College Pub, 2010.
Wallstreet Journal
Economist

Association in the course directory

Last modified: Mo 07.09.2020 15:28