4809116: C15 Advanced Corporate Finance

Beschreibung

• Cost of capital and capital budgeting Discounted cash flow valuation and financial multiples Payout policy Equity and debt financing Applications of option pricing theory Corporate control and recapitalizationsEnterprise Risk Management

Lernergebnisse

• After successful completion of this course, studentsare able to apply relevant concepts of corporate finance on an advanced levelknow how to integrate and implement theoretical knowledge in solving practical problemsare able to explain coherences in financial divisions of undertakings active in global competitionexpand the ability to participate in a critical dialogue within the framework of a team projectdescribe enterprise risk management (ERM) and compare and contrast differing definitions of ERM, distinguish between components of an ERMcompare the benefits and costs of ERM and describe the motivations for a firm to adopt an ERM initiativedescribe the role and responsibilities of a chief risk officer (CRO) and assess how the CRO should interact with other senior management

Lehrmethoden

Exercise

Literatur

• Brealey, R., Myers, S. C., & Allen, F. (2014). Principles of corporate finance (11th ed.). Maidenhead: McGraw-Hill. Hillier, D., Grinblatt, M., & Titman, S. (2012). Financial markets and corporate strategy (2 nd ed.). New York: McGraw-Hill.Lam, J. (2014). Enterprise risk management: From incentives to control (2nd ed.). Hoboken: John Wiley & Sons. [Chapter 4]