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.
5 credits
30.0 h
Q1
Teacher(s)
Colmant Bruno; Grégoire Philippe; Nguyen Anh (compensates Grégoire Philippe); Thewissen James;
Language
English
Prerequisites
- Econometrics, Finance and Fundamental mathematical and statistical concepts. Concepts covered in courses such as the ones listed below should be known.
- Econométrie [ LECGE1316 ]
- Mathématiques en économie et gestion I [ LECGE1112 ]
- Mathématiques en économie et gestion II [ LECGE1230 ]
- Statistique en économie et gestion I [ LECGE1114 ]
- Statistique en économie et gestion II [ LECGE1224 ]
- Finance [ LECGE1332 ]
Main themes
The course will cover the following topics:
- Portfolio theory
- CAPM
- APT
- Market efficiency
- Capital structure, dividends
- Derivative products and Option pricing in discrete time
- Real options analysis
Aims
At the end of this learning unit, the student is able to : | |
| 1 |
On successful completion of this program, each student will acquire the following skills:
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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
- Introduction and Recap fundamentals
- Financial Distress
- Long-Term Financing
- Capital Structure
- Advanced Valuation
- Mergers and Acquisitions
- Corporate Governance
Teaching methods
- In-class lectures.
- Online forums.
- Teamwork assignments
Evaluation methods
Continuous evaluation
- Date: before and after each course
- Type of evaluation: tests, quizz, homeworks, use of Mylab, groupwork on Moodle.
- Comments: Mylab/Finance is Compulsory for this course. The cost of the license is 24 EUR per student. It is the responsibility of the student.
- Oral: No
- Written: Yes - 2 hours
- Unavailability or comments:The written examination represents 30% of the final mark. So, it is crucial for sucess to complete the Continuous Evaluation on time !!
- Oral:
- Written:
- Unavailability or comments:
Bibliography
Slides based on the two main reference books of the course
READINGS :
READINGS :
- Finance : A Quantitative Introduction by Nico Van der Wijst (Cambridge University press, 2013). Chapters selected for this course: 1,2,3,4,5,7,9
- Investments 10E (Global Edition) by Bodie, Kane and Markus (McGraw Hill, 2014) chapters selected for this course: 5,6,7,8,9,10,11,13,20,21
Faculty or entity
CLSM
