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: 14.09.2021 - 27.10.2021
Teacher in charge (valid for whole curriculum period):
Teacher in charge (applies in this implementation): Joni Kokkonen
Contact information for the course (applies in this implementation):
CEFR level (valid for whole curriculum period):
Language of instruction and studies (applies in this implementation):
Teaching language: English. Languages of study attainment: English
CONTENT, ASSESSMENT AND WORKLOAD
Content
valid for whole curriculum period:
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 for whole curriculum period:
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 ach
Workload
valid for whole curriculum period:
Contact teaching, 24 h
Independent study, 135 h
Exam, 3 h
DETAILS
Study Material
valid for whole curriculum period:
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).
Substitutes for Courses
valid for whole curriculum period:
Prerequisites
valid for whole curriculum period:
SDG: Sustainable Development Goals
1 No Poverty
8 Decent Work and Economic Growth
FURTHER INFORMATION
Further Information
valid for whole curriculum period:
Teaching Period:
2020-2021 Autumn I
2021-2022 Autumn I
Course Homepage: https://mycourses.aalto.fi/course/search.php?search=28E35100
Registration for Courses: In the academic year 2021-2022, registration for courses will take place on Sisu (sisu.aalto.fi) instead of WebOodi.
A maximum of 70 students can be accepted to the course.
Seats are prioritized as follows:
- CEMS Global Management Finance track
- Aalto M.Sc. Strategy
- Other CEMS students
- Aalto M.Sc. Strategy and Venturing, IEM (10)
- Financial Engineering minor students (5)*
- M.Sc. level exchange students from other universities without previous finance studies
- All other M.Sc. students at BIZ without previous finance studies*A maximum of 5 students of Financial Engineering minor will be admitted to the course based on the study success. For more information, please contact the coordinator of the Financial Engineering minor Kaila Ruth or see the Study Guide for Minor studies (SCI).