Corporate Finance, Group A
Course code
FIN202
Course type
BSc Course
Weekly Hours
2,0
ECTS
3.0
Term
FS 2019
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 |
|---|---|
| Monday, 11.03.2019 | 11:30 - 15:15 |
| Wednesday, 06.03.2019 | 08:00 - 11:15 |
| Monday, 25.03.2019 | 15:30 - 18:45 |
| Monday, 01.04.2019 | 15:30 - 18:45 |
| Wednesday, 10.04.2019 | 08:00 - 11:15 |
Learning outcomes
ThemainobjectiveofthisCorporateFinancecourseistohelpstudentsdevelopskillsandabilitiesin financialanalysisinacorporatesetting.Thecourseprovidesaframeworkformakingfinancingand investmentdecisions.Suchaframeworkisrootedonthevaluecreationconceptandfirmvalue maximizationprinciple.Topicscoveredincludefundamentalconceptsincorporatefinance,suchas valuecreation,capitalbudgeting,capitalstructurepolicies,andintroductiontobusinessvaluation.
Literature
Brealey, Richard A., Stewart C. Myers and Franklin Allen (2016): Principles of Corporate Finance, 12th ed. - internat. ed., Boston, McGraw Hill.
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%