Emnet er tilknyttet følgende studieprogram

Undervisningsspråk

English

Anbefalte forkunnskaper

Bachelor level courses in Investment and Finance.

Innhold

This course presents the financial theory mainstream theory on basic asset valuation, risk and return, capital structure, financial and real options, long-term financing and special topics like mergers and acquisitions. The course represents a modern and international approach to corporate finance. The underlying philosophy of the course is that finance is not a set of topics or a set of formulas. Rather, it is the consistent application of a few sensible rules and themes. The course develops a firm knowledge of the theoretical foundations of corporate finance but does not offer in-depth coverage of each specific topic.

Læringsutbytte

On successful completion of this course the student should

  • be able to demonstrate how the no-arbitrage principle governs prices in financial markets

  • be able to discuss how information from financial markets may be used to value real assets

  • be able to demonstrate how taxes influence firms´ financing and payout choices

  • be able to identify how conflicts between shareholders and debt holders arise and how they can be minimized

  • have insight into how managerial incentives affect financial decisions

  • have insight into financial decisions affect stock prices

  • be able to recognize how taxes, operation synergies, and management incentive conflicts provide motives for mergers and acquisitions

Vilkår for å gå opp til eksamen

Approved compulsory assignments. Information will be given in Canvas at the start of the semester.

Undervisnings- og læringsformer

The course consists of lectures, accompanied by individual/group work with problems in an innovative MyFinanceLab or a similar type of computer based "finance lab". Estimated workload is about 200 hours.

Studentevaluering

Emneansvarlig fastsetter i samråd med studenttillitsvalgt evalueringsform og om emnene skal ha midtveis- eller sluttevaluering i tråd med kvalitetssystemet kapittel 4.1. Informasjon om evalueringsform for emnet publiseres i Canvas.

Tilgang for privatister

No.

Eksamen

4-hour written examination with letter grades.

 

Sist hentet fra Felles Studentsystem (FS) 18. juli 2024 02:38:23