Universität Wien

040092 KU Advanced Corporate Finance (MA) (2024S)

4.00 ECTS (2.00 SWS), SPL 4 - Wirtschaftswissenschaften
Continuous assessment of course work
ON-SITE

Gilt auch als Corporate Finance 2.
Can be chosen instead of Corporate Finance 2.

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).

Details

max. 50 participants
Language: English

Lecturers

Classes

Blocked in the first part of the semester: Tu 3.00 pm - 6.15 pm, HS 17, OMP1. Start: Tu 05 March 2024


Information

Aims, contents and method of the course

In this course, we embark on an in-depth exploration of corporate finance theory, focusing on the decision-making processes related to financing and investments within corporations. We will delve into a range of pertinent topics, including how corporations navigate financing decisions amid various agency problems like moral hazard, asymmetric information, and limited observability. Additionally, the course will address key issues in corporate governance, such as executive compensation, the intricacies of speculative monitoring, and the role of investor activism. Our approach simplifies complex concepts for ease of understanding, avoiding the need for advanced game theory, and making the course accessible yet comprehensive.

For more information, please refer to the course syllabus at https://drive.google.com/file/d/1oBFzhTyOFXuKr1hsUK22Pcv2rEjEl9jX/view?usp=sharing

Assessment and permitted materials

Grading in this course is structured to reflect a comprehensive assessment of your understanding and engagement. It includes a midterm exam (30%) and a final exam (50%), both of which will be conducted in class and are closed book, meaning you will not be permitted to refer to lecture notes or textbooks during the exams. The midterm exam is scheduled for April 23, while the final exam will take place on May 7. Additionally, class participation will account for 20% of your final grade, emphasizing the importance of active engagement in the learning process.

Minimum requirements and assessment criteria

To successfully pass the course, you must achieve an aggregate score of at least 48% across all assessment components.

Please note that regular class attendance is mandatory and crucial for successful participation.

Examination topics

All topics covered in class. (Please see the course syllabus.)

Reading list

TIROLE, Jean, The Theory of Corporate Finance, Princeton University Press, 2006.

BERK, Jonathan, and Peter DEMARZO, Corporate Finance, 5th
edition, Pearson, 2020.

DE MATOS, João Amaro, Theoretical Foundations of Corporate
Finance, Princeton University Press, 2001.

Association in the course directory

Last modified: Th 22.02.2024 14:45