Note from June 29, 2020
Although we do not yet know how long the social distancing related to the Covid-19 pandemic will last, and regardless of the changes that had to be made in the evaluation of the June 2020 session in relation to what is provided for in this learning unit description, new learnig unit evaluation methods may still be adopted by the teachers; details of these methods have been - or will be - communicated to the students by the teachers, as soon as possible.
Although we do not yet know how long the social distancing related to the Covid-19 pandemic will last, and regardless of the changes that had to be made in the evaluation of the June 2020 session in relation to what is provided for in this learning unit description, new learnig unit evaluation methods may still be adopted by the teachers; details of these methods have been - or will be - communicated to the students by the teachers, as soon as possible.
6 credits
30.0 h + 10.0 h
Q2
Teacher(s)
Bellofatto Anthony (compensates Platten Isabelle); Platten Isabelle;
Language
French
Prerequisites
- GEHD1321 ' Accounting and financial analysis
- QAHD1325 ' Management Mathematics
- QAHD1325 ' Management Mathematics
Main themes
- The law of one price
- The time value of money
- Interest rates
- Debt and loans
- Financial statement analysis
- Investment decision rules
- Fundamentals of capital budgeting
- Bond valuation
- Stock valuation
- Risk-return relationship
- Diversification
- Portfolio theory & CAPM
- The cost of capital
- Valuation and financial modeling for investment projects
- The time value of money
- Interest rates
- Debt and loans
- Financial statement analysis
- Investment decision rules
- Fundamentals of capital budgeting
- Bond valuation
- Stock valuation
- Risk-return relationship
- Diversification
- Portfolio theory & CAPM
- The cost of capital
- Valuation and financial modeling for investment projects
Aims
At the end of this learning unit, the student is able to : | |
| 1 |
- Understand and master the basics of financial management - Apply valuation technics to standard financial operations - Understand the fundamentals of capital budgeting - Implement the various investment rules and selection criteria to projects |
The contribution of this Teaching Unit to the development and command of the skills and learning outcomes of the programme(s) can be accessed at the end of this sheet, in the section entitled “Programmes/courses offering this Teaching Unit”.
Content
- The law of one price
-
Time value of money
-
Annuities
-
Interest rates
-
Loans
-
Selection criteria for investment
-
How to choose among several projects
-
Cash-flow determination for a project
-
Capital budgeting
-
Bonds
-
Stocks
-
Risk
-
The cost of capital
-
Capital budgeting - conclusion
Teaching methods
- MOOC
- Flipped classroom
- Exercises
Evaluation methods
-
Written examination (80%)
-
Ongoing assessment (20%) : MOOC MCQ
-
Ongoing assessment score is definitively acquired
Online resources
https://www.edx.org/course/les-principes-de-la-finance-0
Bibliography
- Finance d’entreprise, 3ème édition, Berk & DeMarzo, Pearson France 2014.
- Principles of Corporate Finance: Global Edition, 11ème édition, Brealey, Myers & Allen, McGraw-Hill 2014.
Faculty or entity
CLSM
