04521 - Business Finance

Academic Year 2022/2023

  • Teaching Mode: Traditional lectures
  • Campus: Bologna
  • Corso: First cycle degree programme (L) in Information Science for Management (cod. 8014)

Learning outcomes

The aim of the course is to provide a basic education in corporate finance. At the end of the course the student will be able to evalute both the profitability of an investment project or of a business and to take appropriate decisions on how to finance it. The capital markets and behavioural finance will be highlighted with a focus on the balance between financial resourses and investments. All students from foreign universities are kindly requested to introduce themselves to the teacher before taking the exam or attending the classes

Course contents

Present Value and the Opportunity Cost of Capital
How to Calculate Present Values
The Value of Common Stocks
Why Net Present Value Leads to Better Investment Decisions
Making Investment Decisions with the Net Present Value Rule

Introduction to Risk, Return, and the Opportunity Cost of Capital
Risk and Return
Capital Budgeting and Risk

 

Where Positive Net Present Value Comes From
Financing Decisions and Market Efficiency

Does Debt Policy Matter?
How Much Should a Firm Borrow?
 Fundamental and Technical Analysis

TEXT BOOK CORPORATE FINANCE BY Brealey Meyers 8th edition customized by Emilio Tomasini

Readings/Bibliography

R. Brealey, S. Myers, F. Allen, Corporate Finance , McGraw Hill in the edition reviewed by Tomasini ISBN - 9781307825282 CREATE FINANZA AZIENDALE – TOMASINI. It is important to check the ISBN number before purchase. 

Bookshops of reference are:
LEUP - LIBR. PATRON - P.zza Verdi 4 - Bologna - Tel. 051-223208
LA FELTRINELLI . P.zza di Porta Ravegnana - Bologna - Tel. 051-266891-261392

Teaching methods

On line courses

All the lectures are recorded and published on my youtube channel 

Assessment methods

There will be tests during the official examination periods made up by 24 multiple choice questions and a DCF (discounted cash flow) excercise. 

Teaching tools

All the lectures will be uploaded on the personal youtube channel of the teacher 

Links to further information

https://www.unibo.it/sitoweb/emilio.tomasini

Office hours

See the website of Emilio Tomasini