Introduction to Corporate Finance

Overview:

Type of Course Lecture and Exercise
Semester Winter term 2020/2021
Credits 6 ECTS
Course language German
Course responsible Muntermann, Jan, Prof. Dr.
Metzler, Dennis, M.Sc.
Lecture
Exercise
Thursday, 14:15-15:45
tba
Teaching Format Online with electoral shares in presence*
*Depending on the further development of the corona pandemic, a changeover to purely online formats may be necessary.

Contents:

  • The traditional view on corporate finance
  • The modern view on corporate finance
  • Foundations of investments
  • Capital budgeting and investment criteria
  • Decision problems under uncertainty
  • The cost of capital for equity and debt
  • Capital structure and the cost of capital

Learning outcome / core skills:

After successfully completing this module, students should be able to:

  • understand and being able to explain the different functions of corporate finance within a firm according to the traditional and modern views.
  • explain and correctly apply the basic terminology of corporate finance.
  • explain and critically reflect the economic foundations of investment theory.
  • explain and apply major methods and criteria for investment evaluation (net present value methods, future value method, annuity method, internal rate of return, pay-back method).
  • put structure to decision problems under uncertainty.
  • explain and distinguish between different forms of financing and be able to critically assess their potential strengths and weaknesses.

Further information can be found in UniVZ.