87580 - FINANZA STRAORDINARIA

Academic Year 2020/2021

  • Teaching Mode: Traditional lectures
  • Campus: Bologna
  • Corso: Second cycle degree programme (LM) in Financial Markets and Institutions (cod. 0901)

Learning outcomes

The course focuses on theoretical and practical issues which arise in modern corporate finance, and its major theme will be the firm's valuation in M&A or corporate restructuring. In the final part of the course, some classes will be devoted to real options and the pricing of the typical provisions in M&A.

Course contents

Case Studies about
- Capital Budgeting;
- M&A and financing (BIMBO);
- Real options embedded in a contract (wayout, etc.)
- Clawback in M&A
- Earnout in M&A

Readings/Bibliography

Robert F. Bruner. "Case Studies in Finance" (various editions), McGraw Hill.

Richard A. Brealey, Stewart C. Myers, Franklin Allen and Sandro Sandri (2015). "Principi di Finanza Aziendale" 7/ed, McGraw Hill.

Teaching methods

All classes will be taught in lab using spreadsheets and coding for simulation (e.g. Visual Basic for Application). A class will thoroughly devote to a VBA introduction in order to facilitate to work out the course cases.

Assessment methods

STUDENTS WHO ATTEND THE CLASSES

Each group (max 4 students) deliver a final assignment in lab. Group composition is defined at the start of the course.

STUDENTS WHO DO NOT

must deliver an assignment given by the teacher.

Office hours

See the website of Stefano Mengoli