This course aims to provide students with concepts and practices for understanding and analyzing investment and financial decisions of corporations. The perspective is the firm value maximization. Lectures and readings deal with capital budgeting, corporate valuation, cost of capital and asset-allocation. The course is essentially practical and case-based: topics presented during the course will be analyzed and discussed via corporate cases upon Microsoft excel (or software equivalent) support. Remarkable skills in problem-solving and decision-making upon covered topics are the expected outcomes.
By the end of this course, the student should have acquired
(1) Knowledge and understanding: Develop a consistent ability to analyze investment decisions and business financing with the aim of creating value for shareholders.
(2) Applying knowledge and understanding: Use operational and conceptual tools for the valuation of corporate decisions, as well as for the choice of capital allocation by investors.
(3) Making judgements: Through the analyses and discussions of business cases and the critical reading of data and real situations, develop the skills to evaluate the economic convenience of corporate decisions in terms of value creation.
(4) Communication skills: Acquire adequate analytical exposure of financial issues in modern corporations and related solutions.
(5) Learning skills: Acquire the skills necessary for the concrete application of the specific knowledge and skills acquired during the course.