6 ECTS credits
153 h study time
Offer 1 with catalog number 1021586BNR for all students in the 1st semester at a (B) Bachelor - advanced level.
The course is organised around the theme of shareholder wealth maximisation for private sector companies. All financial decisions are linked to the impact they have on the value of the firm. The course starts with a discussion of the theory of valuation (for both fixed income and equity securities, emphasising the role of risk and time value of money). Later on, it covers some theoretical and practical aspects of the capital investment decision. Also, it deals with the determinants of optimal capital structure and cost of capital. Possibly, also a guest lecture may be organized about a theme to be announce.
Not applicable.
Companies have to be careful in the allocation of their resources. Students must learn to understand these constraints and adopt techniques to manage them, thus achieving the objectives of the organisation in the most efficient manner. The major objective of this course is to provide the theory and tools essential to the analysis and the solution of those problems that have significant financial consequences for a typical company. Whether students choose a career in finance or do not choose to major in this field, they will always be confronted with important financial decisions. For lots of these decisions, the concepts learned in this course may give them a useful edge over the uninformed majority.
The final grade is composed based on the following categories:
Written Exam determines 100% of the final mark.
Within the Written Exam category, the following assignments need to be completed:
Written closed book exam. The use of an own scientific calculator is required.
This offer is part of the following study plans:
Bachelor of Business Economics: Startplan Business Economics
Bachelor of Business Economics: Business and Technology
Bachelor of Business Economics: International Business
Preparatory Programme Master of Science in International Business: Default track
Preparatory Programme Master of Science in Business Engineering: Business and Technology: Default track