Managing long-term investments (capital budgeting, risk and return, cost of capital)
Forms of financing (equity-, debt- and mezzanine finance, incl. raising capital)
The long-term financing policy (capital structure and payout policy)
Financial analysis and planning
Financial risk management
Learning outcomes
Students understand the fundamental role of corporate finance issues for a company’s perspectives to grow and create value.
Students know the basic methods of capital budgeting and are able to use these methods to analyse and evaluate investment projects and the respective financing needs of the company
Students know the broad range of relevant financial instruments (equity-, debt- and mezzanine finance) and the basic sources and procedures of raising capital
Students are able to analyse and evaluate the company’s financial structure and financial needs and develop a long-term financial plan as well as a (short-term) cash budget
Students have a basic knowledge of financial risk management instruments (financial derivatives like options and futures)