• Goals of corporate finance
• Types of financial markets
• Time value of money (discounting and compounding), annuities, perpetuities
• Equity vs. debt finance, capital structure and financial leverage
• Weighted average cost of capital (WACC)
• Equity Finance for quoted and unquoted firms, preferred stock, privileged subscription
• Bonds and their features, type of bonds
• Debt finance and substitutes: bank term loans, trade credits, terms ofpayment, stretching accounts payable, line of credit, factoring
• Relationship between risk and return, CAPM
• Relevant cash flows of investment projects
• Capital budgeting techniques and investment: payback period, net presentvalue, internal rate of return

You have to be present at:

• Presentation of case studies (unit 7)
• Final Exam

Besides that, you are allowed to miss a maximum of 2 units (not the ones mentioned above!)

Classes start and finish on time – make sure you are present on time!

The course will be graded based on three parts:

• Calculation exercises with help of spreadsheets (15 %)
• Analysis and preparation of case studies (20 %)
• Final exam. (65 %)

The final exam includes multiple choice questions as well as exercises. For the successful completion of the course, students have to achieve at least 61 out of 100 total points.

Grading scale:
5 - fail: 0-60%
4 - sufficient: 61-70%
3 - satisfactory: 71-80%
2 - good: 81-90%
1 - excellent: 91-100%