Introduction to finance
Summary
The course provides provides an introduction to valuation techniques, investment decisions, asset valuation and portfolio choice, financing decisions, derivatives pricing, and sustainable finance.
Content
1. Introduction to finance
2. Discounting, and interest rates
3. Introduction to the valuation of bonds and stocks and to sustainable finance
4. Risk and return
5. Evaluating firms and projects
6. Financing firms and projects
7. Financial derivatives
Keywords
Corporate Finance, Valuation, Risk and Return, Sustainable Finance
Learning Prerequisites
Required courses
None
Recommended courses
None
Learning Outcomes
By the end of the course, the student must be able to:
- Explain standard valuations models used in financial markets
- Recall the trade-off between risk and return and develop an ability to make portfolio decisions
- Develop an ability to analyze and evaluate firms and investment projects
- State the determinants of financing decisions for firms and investment projects
- Describe derivatives markets and their benefits and costs
Transversal skills
- Plan and carry out activities in a way which makes optimal use of available time and other resources.
- Assess one's own level of skill acquisition, and plan their on-going learning goals.
- Access and evaluate appropriate sources of information.
Teaching methods
Lectures, homework, exercises, case studies
Expected student activities
attendance at lectures, handing in homeworks, completing case studies, class participation
Assessment methods
20% Homework
25% Case study, including the case presentation
55% Final exam
Homework and case study are open book. Final exam is closed-book.
Supervision
| Office hours | Yes |
| Assistants | Yes |
| Forum | No |
Resources
Virtual desktop infrastructure (VDI)
No
Bibliography
Berk and DeMarzo, Corporate Finance: Global Edition Pearson, 4th edition, ISBN: 1292160160
Ressources en bibliothèque
Notes/Handbook
Lecture notes for each class will be available via moodle.
Moodle Link
Prerequisite for
- Advanced derivatives
- Interest rate & credit risk models
- Derivatives
- Financial econometrics
- Investments
- Private equity and venture capital
In the programs
- Semester: Fall
- Exam form: Written (winter session)
- Subject examined: Introduction to finance
- Courses: 2 Hour(s) per week x 14 weeks
- Exercises: 2 Hour(s) per week x 14 weeks
- Project: 1 Hour(s) per week x 14 weeks
- Type: mandatory
- Semester: Fall
- Exam form: Written (winter session)
- Subject examined: Introduction to finance
- Courses: 2 Hour(s) per week x 14 weeks
- Exercises: 2 Hour(s) per week x 14 weeks
- Project: 1 Hour(s) per week x 14 weeks
- Type: mandatory