Corporate Finance
A.Y. 2023/2024
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 can be attended as a single course.
Course syllabus and organization
Single session
Responsible
Lesson period
Second trimester
Course syllabus
The educational path is structured around the following main topics:
- evolution of the reference framework;
- finance and financial markets;
- corporate governance;
- objectives, functions, and tools for evaluating corporate finance;
- evaluation of investment projects;
- evaluation of bonds and equities;
- sustainable finance and sustainable investments;
- risk and return analysis and the pricing of financial assets;
- determination of the cost of capital and optimal financial structure.
- evolution of the reference framework;
- finance and financial markets;
- corporate governance;
- objectives, functions, and tools for evaluating corporate finance;
- evaluation of investment projects;
- evaluation of bonds and equities;
- sustainable finance and sustainable investments;
- risk and return analysis and the pricing of financial assets;
- determination of the cost of capital and optimal financial structure.
Prerequisites for admission
No prerequisites are required
Teaching methods
The course addresses the topics of the program through in-class discussions, case discussions, simulations, and presentations by qualified experts in the field.
Teaching Resources
The materials used in the classroom are available on the Ariel platform after the lessons.
Hillier D., Ross S.A., Westerfield R.W., Jaffe J., Jordan B.D., Corporate Finance, 4th edition, Italian edition edited by Frova S. and Conti C., Mc Graw Hill, 2022, excluding sections 4.4, 7.3, chapter 8, chapter 16, sections 15.5, 15.6, chapter 17, and chapter 18
Hillier D., Ross S.A., Westerfield R.W., Jaffe J., Jordan B.D., Corporate Finance, 4th edition, Italian edition edited by Frova S. and Conti C., Mc Graw Hill, 2022, excluding sections 4.4, 7.3, chapter 8, chapter 16, sections 15.5, 15.6, chapter 17, and chapter 18
Assessment methods and Criteria
The exam is written and consists of 6 questions, with a maximum of 5 points for each answer, and a time limit of 1 hour.
For attending students, an optional assignment is available. The evaluation of the assignment, if accepted, will have a weight of 20% on the final result.
For attending students, an optional assignment is available. The evaluation of the assignment, if accepted, will have a weight of 20% on the final result.
SECS-P/09 - CORPORATE FINANCE - University credits: 9
Lessons: 60 hours
Professors:
De Novellis Gennaro, Musile Tanzi Paola
Educational website(s)
Professor(s)