Corporate Finance (L) (03SM22MO0008)

In this course, students will be introduced to essential issues and concepts for financing firms. The course will be conceptual while at the same time being also practical and relevant. The module covers applied topics in finance. The module is built around lecture notes, which deliver the content and case studies that apply the content. The purpose of this course is the introduction of techniques to analyze major financial decisions made by firms. The course focuses on corporate finance concepts that can be applied directly to real-life financial decision making. Main topics covered in the course include hurdle rates and the cost of capital (i.e., the investment decision), the mix of debt and equity and the choice of the right kind of debt (i.e., the financing decisions), and basic valuation concepts (i.e., discounted-cash flow and multiples valuation. The course also discusses concepts related to sustainable finance or ESG issues as relevant for a corporate finance context. The course enables participants to make and assess complex corporate financial decisions.