602.792 (17W) Topics in Corporate Finance

Wintersemester 2017/18

Registration deadline has expired.

First course session
04.10.2017 13:30 - 15:00 L.2.2.12 Off Campus
... no further dates known

Overview

Lecturer
Course title german Sonderfragen der Finanzierung: Topics in Corporate Finance
Type Lecture - Course (continuous assessment course )
Hours per Week 2.0
ECTS credits 4.0
Registrations 3 (60 max.)
Organisational unit
Language of instruction English
possible language(s) of the assessment English
Course begins on 04.10.2017
eLearning Go to Moodle course

Time and place

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Course Information

Intended learning outcomes

The ideas, key concepts, and notation used in the applied and theoretical finance literature.

The basic skills required to understand and develop basic applied or theoretical finance arguments.

Teaching methodology including the use of eLearning tools

Lecture and group work.

Course content

Einführung in die Grundlagen der Betrieblichen Finanzierung mit Schwerpunkt auf strategischen Gesichtspunkten.

Topics:

  • Corporate governance: contracts, stakeholders, structure 
  • Company valuation: net present value, cash flow & alternatives
  • Mergers & acquisitions: takeovers, joint ventures, divestitures 
  • Corporate strategy: market share, research & development, advertising 
  • Executive compensation: principal-agent, partnerships 
  • Financial markets: Modigliani-Miller theorem, leverage, risk

Literature

Main reference

Tirole (2006)Theory of Corporate Finance.

Background

Brealey, Myers & Allen (2014)Principles of CorporateFinance, 11th ed. 

Freixas & Rochet (2008) Microeconomics of Banking, 2nd ed.

Gibbons (1992) A Primer in Game Theory.

Mas Colell, Whinston & Green (1995), MicroeconomicTheory.

Brealey, Myers and Allen “Principles of Corporate Finance,” 11th ed.


 

Examination information

Im Fall von online durchgeführten Prüfungen sind die Standards zu beachten, die die technischen Geräte der Studierenden erfüllen müssen, um an diesen Prüfungen teilnehmen zu können.

Examination methodology

Assessment is by means of a two-hour, unseen, closed book exam accounting for 80% of the final grade. The take-home problem set performance enters the finale grade with 20%. Prerequisite for exam admission is the satisfactory completion of at least one take-home problem set.

Examination topic(s)

Examined will be all lecture  material, problem sets, and the assigned (background) reading.

Assessment criteria / Standards of assessment for examinations

Assessment is by means of a two-hour, unseen, closed book exam accounting for 80% of the final grade. The take-home problem set performance enters the finale grade with 20%.

Grading scheme

Grade / Grade grading scheme

Position in the curriculum

  • Master's degree programme Applied Business Administration (SKZ: 918, Version: 12W.4)
    • Subject: Freie Wahlfächer (Optional subject)
      • Freie Wahlfächer ( 0.0h XX / 6.0 ECTS)
        • 602.792 Topics in Corporate Finance (2.0h VC / 4.0 ECTS)
  • Master's degree programme Business and Law (SKZ: 909, Version: 12W.4)
    • Subject: Financing (Compulsory elective)
      • Sonderfragen der Finanzierung ( 2.0h VC / 4.0 ECTS)
        • 602.792 Topics in Corporate Finance (2.0h VC / 4.0 ECTS)
  • Doctoral programme Doctoral programme in Social and Economic Sciences (SKZ: 300, Version: 12W.4)
    • Subject: Studienleistungen gem. § 3 Abs. 2a des Curriculums (Compulsory subject)
      • Studienleistungen gem. § 3 Abs. 2a des Curriculums ( 40.0h XX / 80.0 ECTS)
        • 602.792 Topics in Corporate Finance (2.0h VC / 4.0 ECTS)
  • Doctoral programme Doctoral programme in Social and Economic Sciences (SKZ: 784, Version: 12W.4)
    • Subject: Studienleistungen gem. § 3 Abs. 2a des Curriculums (Compulsory subject)
      • Studienleistungen gem. § 3 Abs. 2a des Curriculums ( 40.0h XX / 80.0 ECTS)
        • 602.792 Topics in Corporate Finance (2.0h VC / 4.0 ECTS)
  • Doctoral programme Doctoral programme in Social and Economic Sciences (SKZ: 784, Version: 09W.2)
    • Subject: Dissertantinnen- und Dissertantenseminare (Compulsory subject)
      • Dissertantinnen- und Dissertantenseminare. ( 4.0h SE / 0.0 ECTS)
        • 602.792 Topics in Corporate Finance (2.0h VC / 4.0 ECTS)
  • Doctoral programme Doctoral programme in Social and Economic Sciences (SKZ: 784, Version: 09W.2)
    • Subject: Lehrveranstaltungen auf postgradualem Niveau (Compulsory subject)
      • Lehrveranstaltungen auf postgradualem Niveau ( 6.0h SE / 0.0 ECTS)
        • 602.792 Topics in Corporate Finance (2.0h VC / 4.0 ECTS)

Equivalent courses for counting the examination attempts

This course is not assigned to a sequence of equivalent courses