BE-110 Managerial Accounting, BE-111 Financial Accounting 1, BE-209 Financial Accounting 2 and ME-111 Business Analytics 1, or equivalent.
For single course students, these subjects (or equivalent) are required for admission.
Upon successful completion of this course the students should be able to:
Key topics in this course are different approaches and methods for measuring project profitability, the relationship between cash flow and return. The importance of taxation and debt financing is highlighted. The choice between mutually exclusive investments is also discussed. The course covers different methods for project and company valuation. The course discusses investor's use of financial markets for investments, and companies' use of financial markets for financing. For the company, the choice between debt and equity (capital structure) is emphasized, especially the relationship between capital structure and project valuation. We also discuss the societal role of the company, and how different aspects of sustainability (ESG – Environment, Social, Governance) affect capital cost and project valuation.
1 semester
7.5
Spring
Kristiansand
School of Business and Law