BEC-22306 Corporate Financial Management

Course

Credits 6.00

Language of instruction:

English

Assumed knowledge on:

Introduction to Business Economics or equivalent.

Contents:

The firm is positioned in an environment of market opportunities and risks, with its own financial structure and firm-specific options. Attention is paid to the assessment of the financial structure of the firm, cost of capital, portfolio-analysis, international financial markets, as well as mergers and acquisitions.

Learning outcomes:

After completion of the course students are expected to be able to:
- analyse information in financial reports and to benchmark individual firms against other firms in terms of financial indicators;
- assess and calculate the value of companies with special attention to the way they are financed;
- evaluate the role of derivate market instruments in reducing risks;
- evaluate investment decisions under risk and uncertainty;
- understand international financial markets;
- apply techniques for international investment evaluation.

Activities:

- lectures;
- (computer) practical's;
- self-study;
- case study;
- stock market game.

Examination:

Written exam including open and multiple choice questions (100%). A credit earning arrangement applies.

Literature:

Literature:
Book: Hillier, Ross, Westerfield, Jaffe and Jordan. Corporate Finance, second European Edition. ISBN-9780077146443. This book will include a connect code fot the eBook version as well, and wil be for sale at the WUR shop
Handouts
A study guide is available two weeks before the start of the course
Blackboard files available.