Please note! Course description is confirmed for two academic years (1.8.2018-31.7.2020), which means that in general, e.g. Learning outcomes, assessment methods and key content stays unchanged. However, via course syllabus, it is possible to specify or change the course execution in each realization of the course, such as how the contact sessions are organized, assessment methods weighted or materials used.

LEARNING OUTCOMES

This course introduces the fundamental tools used in corporate financial decision making. After completing this course, the students have the skills and knowledge to select and effectively apply techniques for valuing firms and comparing investment opportunities, evaluate possible methods of raising capital, evaluate the optimal capital structure of the firm, and understand the functioning of financial markets and how the market prices of financial assets relate to the cost of capital of firms.

Credits: 6

Schedule: 08.09.2020 - 22.10.2020

Teacher in charge (valid 01.08.2020-31.07.2022): Joni Kokkonen

Teacher in charge (applies in this implementation): Joni Kokkonen

Contact information for the course (applies in this implementation):

CEFR level (applies in this implementation):

Language of instruction and studies (valid 01.08.2020-31.07.2022):

Teaching language: English

Languages of study attainment: English

CONTENT, ASSESSMENT AND WORKLOAD

Content
  • Valid 01.08.2020-31.07.2022:

    Measuring cash-flows of investments; measuring riskiness of investments; valuation of investments; choosing among investment opportunities; optimising capital structure; returning cash to investors.

Assessment Methods and Criteria
  • Valid 01.08.2020-31.07.2022:

    1. Lectures, visiting professor Joni Kokkonen
    2. Class participation (10%)
    2. Assignments (40%)
    3. Final exam (50%)

    Autumn 2020:

    Assignments 50%
    Exam 50%


    In order to pass the course, a student needs to achieve a minimum of 20 (out of 50) points in the exam and a minimum of 50 (out of 100) points for the exam and assignments combined.

Workload
  • Valid 01.08.2020-31.07.2022:

    Contact teaching, 24 h
    Independent study, 135 h
    Exam, 3 h

DETAILS

Study Material
  • Valid 01.08.2020-31.07.2022:

    Lecture notes and case studies provided by the lecturer.
    Recommended supplementary readings: Berk and DeMarzo, Corporate Finance (2016); or Welch, Corporate Finance: An Introduction (2009).

    Availability

Prerequisites
  • Valid 01.08.2020-31.07.2022:

    None

SDG: Sustainable Development Goals

    1 No Poverty

    8 Decent Work and Economic Growth

FURTHER INFORMATION

Description

Registration and further information