24318 - Extraordinary Finance

Academic Year 2019/2020

  • Teaching Mode: Traditional lectures
  • Campus: Rimini
  • Corso: Second cycle degree programme (LM) in Business Administration and Management (cod. 8842)

Learning outcomes

At the end of the course the student is able to evaluate the firm's financing and investment choices with emphasis on international markets. More specifically, the student is able to: develop skills for medium- and long-term planning; decide the financial structure of the firm. use the different models of the theory of finance to evaluate the capital budgeting decisions and the risk associated to investment projects; understand the strategic role of corporate finance in the management of firms.

Course contents

The course starts presenting the conceptual and practical tools for the pricing of investment projects and overall evalutation of firms

It is mainly an advanced corporate finance course with an emphasis on IPO (Initial public offerings), SEO (Seasoned equity offering), M&A (Merger and Acquisition), Corporate Restructuring and Spin-off.

Readings/Bibliography

J. Berk, P. DeMarzo, Finanza Aziendale 1. Fondamenti, Italian edition by  O. Morresi and D. Venanzi, Pearson, Fouth edition, 2018, chapters 8, 12, 18, 19.

J. Berk, P. DeMarzo, Finanza Aziendale 2. Teoria e pratica della finanza moderna, Italian edition by di O. Morresi and D. Venanzi, Pearson, Fourth edition, 2018, chapters 7, 11, 14.

Teaching methods

Lectures

Problem sets

Assessment methods

Skills of students will be tested with a written exam.

The exam (30 points) consists in 30 multiple choice. Right answers are only one. Wrong and missing answers are valued zero.

During the examination use of financial calculator is allowed. Use of any other material, unless authorised, is prohibited. Violation of those rules means removal from the classroom and the termination of the examination.

To take the written exam it is mandatory to register on-line through the AlmaEsami system; if you experience problems in the exam registration process please contact the instructor.

The minimum required to pass the exam is 18 / 30.

Teaching tools

Slides

Supplementary material

Office hours

See the website of Antonio Carlo Francesco Della Bina