Corporate Finance
A.Y. 2020/2021
Learning objectives
The course addresses and deepens the fundamental themes of corporate and project finance through the study of the main theoretical models and the discussion of cases.
The aim of the course is to provide students with the tools to understand the main theoretical models and to develop problem solving skills by examining their main business applications that refer to domestic contexts, as well as international projects.
The course addresses the following main topics: objectives, functions and tools for corporate finance, evaluating investment projects, evaluating bonds and equities, risk analysis and pricing of financial assets, determining the cost of capital and the optimal financial structure.
The aim of the course is to provide students with the tools to understand the main theoretical models and to develop problem solving skills by examining their main business applications that refer to domestic contexts, as well as international projects.
The course addresses the following main topics: objectives, functions and tools for corporate finance, evaluating investment projects, evaluating bonds and equities, risk analysis and pricing of financial assets, determining the cost of capital and the optimal financial structure.
Expected learning outcomes
The aim of the course is to allow students to set up and resolve financial assessment cases with appropriate methodologies, data recollection capabilities, formulation - if needed - of hypotheses and discussion of results.
Lesson period: Second trimester
Assessment methods: Esame
Assessment result: voto verbalizzato in trentesimi
Single course
This course cannot be attended as a single course. Please check our list of single courses to find the ones available for enrolment.
Course syllabus and organization
Single session
Responsible
Lesson period
Second trimester
The course is planned in the second quarterly and will be organised according to UNIMI and Faculty rules.
Course syllabus
- The corporation
- Financial statement analysis
- The time value of money and interest rates
- Fundamentals of Capital budgeting
- Valuing bonds and stocks
- Capital markets and the pricing of risk, the CAPM
- Estimating the cost of capital
- Capital budgeting and valuation with leverage
- Financial statement analysis
- The time value of money and interest rates
- Fundamentals of Capital budgeting
- Valuing bonds and stocks
- Capital markets and the pricing of risk, the CAPM
- Estimating the cost of capital
- Capital budgeting and valuation with leverage
Prerequisites for admission
Elements of Business Administration.
Teaching methods
Frontal lessons.
Case and exercise discussions.
Reading and commenting financial press.
Case and exercise discussions.
Reading and commenting financial press.
Teaching Resources
BERK-DEMARZO. Finanza aziendale 1, with MYLAB, PEARSON 4 ed.
Chapters : 1-2-3-4-5-6-7-8-9-10-11-12-18
Documents and cases available on ARIEL
Non attending students
Anderloni Luisa Braga Maria Debora, Il finanziamento delle PMI e delle start up - Un antico problema alla ricerca di nuove soluzioni, Pearson, 2019 - Chap. 1-3-4-7-8-9-10-12-13, App. I-II-IV-V
Chapters : 1-2-3-4-5-6-7-8-9-10-11-12-18
Documents and cases available on ARIEL
Non attending students
Anderloni Luisa Braga Maria Debora, Il finanziamento delle PMI e delle start up - Un antico problema alla ricerca di nuove soluzioni, Pearson, 2019 - Chap. 1-3-4-7-8-9-10-12-13, App. I-II-IV-V
Assessment methods and Criteria
Written examination with questions articulated in theoretical and applicative - cases and exercises - parts.
The use of excel is recommended.
The use of excel is recommended.
Unità didattica 1
SECS-P/09 - CORPORATE FINANCE - University credits: 3
Lessons: 20 hours
Professor:
Anderloni Luisa
Unità didattica 2
SECS-P/09 - CORPORATE FINANCE - University credits: 3
Lessons: 20 hours
Professor:
Anderloni Luisa
Unità didattica 3
SECS-P/09 - CORPORATE FINANCE - University credits: 3
Lessons: 20 hours
Professor:
Harasheh Murad
Professor(s)
Reception:
on demand via mail
Department Scienze Giuridiche "Cesare Beccaria" - Section Economics and Fiscal Law