Coursebooks 2017-2018

PDF
 

Principles of finance

MGT-482

Lecturer(s) :

Morellec Erwan

Language:

English

Remarque

Course given twice. See the MTE website: http://cdm.epfl.ch/mte/study-plan

Summary

This course is intended to provide a market-oriented framework for analyzing the major of financial decisions made by corporations. Lectures and readings will provide an introduction to present value techniques, capital budgeting, asset valuation, the financial decisions of firms, and derivatives.

Content

1. Introduction to finance
2. Arbitrage, discounting, and the term structure of interest rates
3. Introduction to the valuation of bonds and stocks
4. Risk and return
5. Capital Budgeting
6. Capital Structure Decisions
7. Financial derivatives
8. Option Valuation

Keywords

Corporate Finance, Valuation, Portfolio Choice, Arbitrage Pricing, Option Pricing Theory

Learning Prerequisites

Required courses

No prerequisite

Recommended courses

No prerequisite

Important concepts to start the course

No prerequisite

Learning Outcomes

By the end of the course, the student must be able to:

Transversal skills

Teaching methods

Lectures, homework, exercises

Assessment methods

50% Homework

50% Final exam

Homework is open book. Final exam is closed-book.

Supervision

Office hours No
Assistants Yes
Forum No

Resources

Bibliography

Berk and DeMarzo, Corporate Finance, Pearson 2007

Ressources en bibliothèque
Notes/Handbook

Available on the Moodle site

Prerequisite for

Venture capital

In the programs

Reference week

 MoTuWeThFr
8-9     
9-10     
10-11ODY016ODY016   
11-12   
12-13     
13-14   ODY016 
14-15    
15-16     
16-17   ODY016 
17-18    
18-19     
19-20     
20-21     
21-22     
 
      Lecture
      Exercise, TP
      Project, other

legend

  • Autumn semester
  • Winter sessions
  • Spring semester
  • Summer sessions
  • Lecture in French
  • Lecture in English
  • Lecture in German