Coursebooks 2017-2018

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Real options and financial structuring

FIN-410

Lecturer(s) :

Valta Philip

Language:

English

Remarque

Only for MA3

Summary

The course covers advanced topics in corporate finance such as the design and valuation of corporate securities, the issuing process for theses securities, real options and their implications for valuation and financial structuring. The course provides applications of the theory through case studies

Content

1. Capital structure
2. The security issuance process
3. Valuation of corporate securities
4. Real options
5. Continuous time real option models

 

Keywords

Real options - financial contracting - financing decisions

Learning Prerequisites

Required courses

Learning Outcomes

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

Transversal skills

Teaching methods

Lectures, assignments, case studies, and presentations.

The assignments and case studies are open book and done in groups of students

Expected student activities

The students are expected to attend the lectures.

The students will work in groups to solve problem sets and case studies. They will have to hand in their solutions to the problem sets and case studies, which will be graded and count 40% towards the final grade. The case studies will also lead to short class presentations by teams of students.

Assessment methods

40% Assignments and case studies

60% Final exam

Final exam is closed-book

Supervision

Office hours Yes
Assistants Yes
Forum No

Resources

Bibliography

Dixit and Pindyck, Investment under Uncertainty, Princeton University Press

Berk and DeMarzo, Corporate Finance, Pearson Education

Tirole, The Theory of Corporate Finance, Princeton University Press

Ressources en bibliothèque
Websites
Moodle Link

In the programs

Reference week

 MoTuWeThFr
8-9   EXTRANEF_126 
9-10    
10-11     
11-12     
12-13     
13-14 EXTRANEF_126   
14-15    
15-16     
16-17     
17-18     
18-19     
19-20     
20-21     
21-22     
 
      Lecture
      Exercise, TP
      Project, other

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