MGT-482 / 5 credits

Teacher: Morellec Erwan

Language: English


Summary

The course provides a market-oriented framework for analyzing the major financial decisions made by firms. It provides an introduction to valuation techniques, investment decisions, asset valuation, financing decisions, 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/innovations
6. Financing firms and projects/innovations
7. Financial derivatives

Keywords

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

Learning Outcomes

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

  • Apply standard valuations models used in financial markets
  • Develop an ability to make portfolio decisions
  • Develop an ability to analyze and evaluate firms and investment projects
  • Explore the trade-off between risk and return
  • Analyze the determinants of financing decisions
  • Derive derivatives prices and understand derivatives markets

Transversal skills

  • Plan and carry out activities in a way which makes optimal use of available time and other resources.
  • Access and evaluate appropriate sources of information.

Assessment methods

20% Homework

20% Case study

60% Final exam

Homework and case study are open book. Final exam is closed-book.

Resources

Ressources en bibliothèque

Moodle Link

In the programs

  • Semester: Fall
  • Exam form: Written (winter session)
  • Subject examined: Principles of finance
  • Courses: 2 Hour(s) per week x 14 weeks
  • Exercises: 2 Hour(s) per week x 14 weeks
  • Type: mandatory
  • Semester: Fall
  • Exam form: Written (winter session)
  • Subject examined: Principles of finance
  • Courses: 2 Hour(s) per week x 14 weeks
  • Exercises: 2 Hour(s) per week x 14 weeks
  • Type: mandatory
  • Semester: Fall
  • Exam form: Written (winter session)
  • Subject examined: Principles of finance
  • Courses: 2 Hour(s) per week x 14 weeks
  • Exercises: 2 Hour(s) per week x 14 weeks
  • Type: optional
  • Semester: Fall
  • Exam form: Written (winter session)
  • Subject examined: Principles of finance
  • Courses: 2 Hour(s) per week x 14 weeks
  • Exercises: 2 Hour(s) per week x 14 weeks
  • Type: optional
  • Semester: Fall
  • Exam form: Written (winter session)
  • Subject examined: Principles of finance
  • Courses: 2 Hour(s) per week x 14 weeks
  • Exercises: 2 Hour(s) per week x 14 weeks
  • Type: optional
  • Semester: Fall
  • Exam form: Written (winter session)
  • Subject examined: Principles of finance
  • Courses: 2 Hour(s) per week x 14 weeks
  • Exercises: 2 Hour(s) per week x 14 weeks
  • Type: optional
  • Semester: Fall
  • Exam form: Written (winter session)
  • Subject examined: Principles of finance
  • Courses: 2 Hour(s) per week x 14 weeks
  • Exercises: 2 Hour(s) per week x 14 weeks
  • Type: optional
  • Semester: Fall
  • Exam form: Written (winter session)
  • Subject examined: Principles of finance
  • Courses: 2 Hour(s) per week x 14 weeks
  • Exercises: 2 Hour(s) per week x 14 weeks
  • Type: optional

Reference week

Tuesday, 10h - 12h: Exercise, TP CO2

Thursday, 17h - 19h: Lecture ELA1

Related courses

Results from graphsearch.epfl.ch.