- Docente: Massimiliano Barbi
- Credits: 9
- SSD: SECS-P/09
- Language: English
- Moduli: Massimiliano Barbi (Modulo 1) Francesco Millo (Modulo 2)
- Teaching Mode: Traditional lectures (Modulo 1) Traditional lectures (Modulo 2)
- Campus: Bologna
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Corso:
First cycle degree programme (L) in
Business and Economics (cod. 8965)
Also valid for First cycle degree programme (L) in Economics, Markets and Institutions (cod. 8038)
Learning outcomes
At the completion of the course, students will be equipped with the fundamental concepts of financial management. This includes the ability to understand the firm’s governance, and to assess the impact of investing, financing, and risk management decisions on the firm’s market value, in a classical shareholder’s wealth maximization framework.
Course contents
Corporate Finance (48144) will provide students with an overview of financial decision making within a firm. The course focusses on decisions concerning how firms should raise funds in different forms, and how they should invest these funds in real assets. The first part of the course will deal with investment decisions, that is how to value investment projects and companies, while the second part will consider how to finance these investments. The final part of the course will examine how investment and financing decisions are related. In essence, the course is aimed at providing students with a thorough understanding of how financial decisions can create, destroy, or modify shareholder’s value.
Readings/Bibliography
The textbook for the course is the following.
- Hillier, D., Grinblatt, M., and S. Titman, 2013, Financial Markets and Corporate Strategy, 2nd European Ed., McGraw-Hill.
A compact version of the textbook, including only the chapters we will cover during the course, is available with the following ISBN: 9781308852058.
Additional readings may be assigned by the instructor as the course progresses.
Assessment methods
TBA
Office hours
See the website of Massimiliano Barbi
See the website of Francesco Millo