Corporate Finance, Group D2
Course code
FIN202
Course type
BSc Course
Weekly Hours
2,0
ECTS
3.0
Term
FS 2024
Language
Englisch
Lecturers
Prof. Dr. Nihat Aktas
Please note that exchange students obtain a higher number of credits in the BSc-program at WHU than listed here. For further information please contact directly the International Relations Office.
Course content
The corporate finance course covers the basic principles of corporate finance and develops the necessary practical tools for financial decisions and corporate valuation.
In detail the course covers the following topics:
- financing sources of public firms
- stock prices and the cost of equity
- security issuance process (IPOs)
- dividends and stock repurchases
- determinants of the optimal debt/equity ratio
- weighted average cost of capital- brief introduction into corporate valuation
Class dates
| Date | Time |
|---|---|
| Tuesday, 12.03.2024 | 11:30 - 15:15 |
| Tuesday, 19.03.2024 | 11:30 - 15:15 |
| Tuesday, 19.03.2024 | 15:30 - 18:45 |
| Tuesday, 26.03.2024 | 11:30 - 15:15 |
| Wednesday, 03.04.2024 | 15:30 - 18:45 |
| Tuesday, 09.04.2024 | 11:30 - 15:15 |
| Friday, 26.04.2024 | 09:00 - 12:00 |
Learning outcomes
The main objective of this Corporate Finance course is to help students develop skills and abilities in financial analysis in a corporate setting. The course provides a framework for making financing and investment decisions. Such a framework is rooted on the value creation concept and firm value maximization principle. Topics covered include fundamental concepts in corporate finance, such as value creation, capital budgeting, capital structure policies, and introduction to business valuation.
Literature
Berk, Jonathan, and Peter DeMarzo, 2017. Corporate Finance. 4th edition, Pearson Education
Learningmethods
The learning and teaching methods cover lectures, inclass tutorials, practitioner talks, as well as additional material and exercises for self-study.
Exam
Exam 100%