Corporate Finance

mlsmm2112  2021-2022  Mons

Corporate Finance
5.00 credits
30.0 h
Q1
Teacher(s)
D'Hondt Catherine;
Language
French
Main themes
  • The financial structure of the company
  • Distribution policy
  • Business valuation
  • Long-term and short-term business financing
  • Corporate governance
Learning outcomes

At the end of this learning unit, the student is able to :

1
  • analyze the financial structure of a company and explain its challenges;
  • analyze a company's distribution policy;
  • to estimate the value of a project or a company by integrating the complexity of the real world;
  • analyze the long-term and short-term financial policy of a company;
  • define corporate governance and explain the issues.
 
Content
  • Capital structure
  • Payout policy
  • Capital budgeting and valuation with leverage
  • Long-term and short-term financial planning
  • Corporate governance
Teaching methods
  • Lectures
  • Case studies
     
Evaluation methods
  • Written examination with open questions at mid-term (75%)
  • Ongoing assessment based on case studies (25%)
  • The ongoing assessment score is no longer taken into account in the second session (resit exam=100%)
Bibliography
  • Berk & DeMarzo, Finance d’entreprise (adaptation française), 4ème édition (Pearson, 2017) 
  • Clayman, Fridson & Troughton, Corporate Finance: A practical approach, 2nd edition (CFA Institute Investment Series, 2012)
  • Damodaran, Applied Corporate Finance: A User's Manual, 3rd edition (John Wiley and Sons, 2011)
  • Damodaran, Corporate Finance: Theory and Practice, 2nd edition (John Wiley and Sons, 2007)
  • Vernimmen, Quiry & Le Fur, Finance d’entreprise, 17ème édition (Dalloz, 2019)
Faculty or entity
CLSM


Programmes / formations proposant cette unité d'enseignement (UE)

Title of the programme
Sigle
Credits
Prerequisites
Learning outcomes
Master [60] in Management
GESM2M1
5
Master [120] in Management
GESM2M
5