Please note! Course description is confirmed for two academic years, 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).
Prerequisites
Valid 01.08.2020-31.07.2022:
None
SDG: Sustainable Development Goals
1 No Poverty
8 Decent Work and Economic Growth
- Teacher: Kokkonen Joni
- Teacher: Viitala Vertti