|Teaching method||Contact hours|
|Course coordinator(s)||FKG Ang|
Language of instruction:
Assumed knowledge on:
Introduction to Business Economics or equivalent.
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, short and long-term financing.
After successful completion of this course students are expected to be able to:
- analyze information in financial reports and to benchmark individual firms against other firms in terms of financial indicators;
- assess and calculate the value of assets in relation to their risk and the way they are financed;
- apply methods for making investment decisions under risk and uncertainty;
- explain theories for defining the optimal capital structure and the relation between capital structure and the value of the firm;
- explain the role of derivate market instruments in reducing risks;
- explain the functioning of markets for long term financing, especially equity and debt financing;
- apply short term finance planning within a business.
- (computer) practicals;
- credit assignments;
- stock market game.
Written exam including open and multiple choice questions (100%). A credit earning arrangement applies.
Book: Hillier, Ross, Westerfield, Jaffe and Jordan. Corporate Finance, third European Edition. ISBN-9780077173630. This book will include a connect code for the eBook version as well, and will be for sale at the WUR shop
A study guide is available two weeks before the start of the course
Blackboard files available.
|Restricted Optional for:||BBC||Management and Consumer Studies||BSc||A: Business Studies||2AF|
|MME||Management, Economics and Consumer Studies||MSc||A: Business Studies||2AF|