MGT-482 / 5 crédits

Enseignant: Morellec Erwan

Langue: Anglais

Withdrawal: It is not allowed to withdraw from this subject after the registration deadline.


Summary

This course provides a framework for understanding key concepts in finance such as the valuation of firms, projects and securities such as stocks and bonds, portfolio decisions, investment and financing decisions within firms, and derivatives.

Content

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:

  • Understand standard valuations models used in financial markets
  • Understand the trade-off between risk and return
  • Develop an ability to make portfolio decisions
  • Develop an ability to analyze and evaluate firms and investment projects
  • Understand the determinants of financing decisions
  • Understand 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.
  • Use a work methodology appropriate to the task.
  • Communicate effectively, being understood, including across different languages and cultures.
  • Communicate effectively with professionals from other disciplines.
  • Give feedback (critique) in an appropriate fashion.
  • Evaluate one's own performance in the team, receive and respond appropriately to feedback.
  • Keep appropriate documentation for group meetings.
  • Negotiate effectively within the group.
  • Resolve conflicts in ways that are productive for the task and the people concerned.
  • Assess one's own level of skill acquisition, and plan their on-going learning goals.
  • Use both general and domain specific IT resources and tools
  • Access and evaluate appropriate sources of information.
  • Collect data.

Teaching methods

Lectures, homework, exercises

Assessment methods

50% Homework

50% Final exam

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

Resources

Bibliography

Berk and DeMarzo, Corporate Finance, 4th edition, Pearson 2017

Ressources en bibliothèque

Notes/Handbook

Available on the Moodle site

Prerequisite for

Venture capital

Dans les plans d'études

  • Semestre: Automne
  • Nombre de places: 100
  • Forme de l'examen: Ecrit (session d'hiver)
  • Matière examinée: Principles of finance
  • Cours: 2 Heure(s) hebdo x 14 semaines
  • Exercices: 2 Heure(s) hebdo x 14 semaines
  • Semestre: Automne
  • Nombre de places: 100
  • Forme de l'examen: Ecrit (session d'hiver)
  • Matière examinée: Principles of finance
  • Cours: 2 Heure(s) hebdo x 14 semaines
  • Exercices: 2 Heure(s) hebdo x 14 semaines
  • Semestre: Automne
  • Nombre de places: 100
  • Forme de l'examen: Ecrit (session d'hiver)
  • Matière examinée: Principles of finance
  • Cours: 2 Heure(s) hebdo x 14 semaines
  • Exercices: 2 Heure(s) hebdo x 14 semaines
  • Semestre: Automne
  • Nombre de places: 100
  • Forme de l'examen: Ecrit (session d'hiver)
  • Matière examinée: Principles of finance
  • Cours: 2 Heure(s) hebdo x 14 semaines
  • Exercices: 2 Heure(s) hebdo x 14 semaines
  • Semestre: Automne
  • Nombre de places: 100
  • Forme de l'examen: Ecrit (session d'hiver)
  • Matière examinée: Principles of finance
  • Cours: 2 Heure(s) hebdo x 14 semaines
  • Exercices: 2 Heure(s) hebdo x 14 semaines

Semaine de référence

 LuMaMeJeVe
8-9     
9-10     
10-11 ODY016
CE5
   
11-12    
12-13     
13-14     
14-15     
15-16     
16-17   ODY016
CM3
 
17-18    
18-19     
19-20     
20-21     
21-22     

Mardi, 10h - 12h: Exercice, TP ODY016
CE5

Jeudi, 16h - 18h: Cours ODY016
CM3