- Docente: Emanuele Bajo
- Credits: 8
- SSD: SECS-P/09
- Language: English
- Teaching Mode: Traditional lectures
- Campus: Bologna
- Corso: First cycle degree programme (L) in Economics and Finance (cod. 8835)
Learning outcomes
The goal of this course is to provide students with the fundamental tools to understand financial decision-making in the modern corporation. Topics include: capital budgeting/corporate investment, capital structure, corporate sources of funding, dividend policy, corporate contingent claims for financial risk management. The course frames these topics within the standard theories of risk and return, valuation of assets and market structure.
Course contents
Financial Planning and Analyzing financial performance
Capital budgeting (NPV, IRR .. )
Portfolio theory and CAPM
Capital budgeting and risk (asset beta and equity beta)
Financing decisions and the firm cost of capital
Capital issuing (seasoned equity offer, IPOs and venture capital)
Readings/Bibliography
Brealey, Myers, Allen, Principles of Corporate Finance (12th Edition). McGraw Hill International.
Chapters: 1-10; 14-19; 28-29
Assessment methods
Valuation is based on a written exam. Two exercises, multiple choices or one open question.
Office hours
See the website of Emanuele Bajo