BED-2032 Corporate Finance - 10 stp

Corporate managers must make important decisions to sustain and maximize value of the firm. This course provides the basic tools and frameworks for making these decisions.

The theories and methods developed in this course builds on the basic skills taught in an introductory course in finance, like; BED-2020 Investering og finansiering.

Students who have successfully completed the course should have achieved the following learning outcomes:

Knowledge:

The candidate:

• Has a broad understanding on the relation between risk and return.
• Has comprehensive knowledge and understanding of the tools that are used to value investment projects and companies.
• Has knowledge of the basic issues involved in how firms finance their investment projects and companies, and knowledge of how investment and financing decisions interrelate.
• Has an understanding of financial statements from a financial perspective.
• Has knowledge of initiatives and standards related to sustainable investments.
• Can refresh their knowledge, and know the research and development work in the field of corporate finance.

Skills:

The candidate:

• Can evaluate firm performance using financial statements.
• Can value projects and businesses using relevant financial information.
• Can reflect on whether the firm should return cash to investors or reinvest profits in the enterprise.
• Can determine the appropriate mix of equity and debt to apply to a project or business.
• Assess how sustainability considerations may influence investment decisions.

General competence:

The candidate:

• Should be able to make investing and financing decisions as a corporate manager consistent with the principles of finance using pertinent tools.