Aims

At the end of the class, students should be able to :
- Understand short term financing decisions,
- Understand long term financing decisions,
- Understand equities and bonds values,
- Understand the basics of portfolio theory, i.e. optimal allocation and expected return.

Main themes

The course covers short term and long term financing decisions. The following concepts are covered:
- Treasury management,
- Equities and bond issues,
- Weighted average cost of capital,
- Capital budgeting
- Risk in capital budgeting
- Capital Asset Pricing Model

Other information (prerequisite, evaluation (assessment methods), course materials recommended readings, ...)

Prerequisite: Basics in statistics and probability. Accounting and financial statement analysis.

Examination : Case studies and written exams.

Documentation and books : BREALEY R. et MYERS S., Principles of Corporate Finance, Mc Graw Hill.

Pedagogic team : teachers and assistants