Wintersemester 24/25
Vorlesung
Corporate Finance
- Lecturer:
- Prof. Dr. Heiko Jacobs
- Contact:
- Term:
- Winter Semester 2024/2025
- Cycle:
- Wintersemester
- Time:
- mittwochs, 14:15 - 15:45 Uhr
- Room:
- R12 R05 A84
- Start:
- 09.10.2024
- End:
- 29.01.2025
- Language:
- English
- Moodle:
- Lecture in Moodle
- LSF:
- Lecture in LSF
- Participants:
- Linked Lectures:
Description:
Structured presentation of the theory and practice of how corporations make financial decisions
Learning Targets:
Students
- get familiar with modern concepts and methods of analyzing optimal financial decision making in corporations,
- can evaluate the empirical validity of leading models and apply them to solve real-world problems in corporate financial decision making,
- are able to understand and explain discrepancies between the theory and the practice of corporate finance,
- can evaluate scientific studies accurately, understand the methodology used in leading papers of the field, can interpret estimation results correctly and analyze them critically,
- can communicate and debate topics of the lecture in a structured and professional way.
Outline:
- Statement Analysis
- Investments Capital Budgeting, and DCF Valuation
- Valuation of Bonds and Stocks
- Risk and Return
- Capital Market Equilibrium and Cost of Capital
- Project Analysis and Real Options
- Capital Structure and Payout Policy
- Behavioral Corporate Finance
Literature:
- Brealey/ Myers / Allen: “Principles of Corporate Finance”, McGraw-Hill, New York.
- Ross/Westerfield/Jaffe: “Corporate Finance”, McGraw-Hill, New York.
- Berk/DeMarzo: “Corporate Finance”, Pearson Prentice Hall, Boston.
Methods of Assessment:
The module-related examination is performed by a written test (usually 60-90 minutes).
Formalities:
Students are assumed to have undergraduate level knowledge of finance and economics. Some basic knowledge of statistics/econometrics is helpful to understand empirical research conducted in the research papers. A sufficient level of spoken and written English language skills is necessary.
You can access the Moodle course via the password in the materials below after a login. Enrollment in the Moodle course is only possible within the respective semester (01.10.2024 - 31.03.2025).
Material:
- The course material is only available to a restricted user group. You are either not logged in or not in the usergroup.