CORPORATE FINANCE

Single discipline educational activity

Course Sheet

Course code:

COFI23

Academic Year of enrolment:

2023

Year of supply:

2023/2024

Type of Course:

Characterising

Degree:

Course of 2nd Cycle Degree in MANAGEMENT AND ECONOMICS

Disciplinary Sector:

Financial Management

Language:

English

Location:

PESCARA

Credits:

Programme Year:

Professor and Collaborators:

QUINTILIANI Andrea

Cycle:

Third four months

Hours of classroom activity:

Individual study hours:

114

Prerequisites:

Knowledge of Excel

Objectives

The Course offers students the opportunity to deepen knowledge on the application of the principles of corporate finance in business management.
The presentation of the main theories on corporate finance, the analysis of cases and the resolution of problems enable students to understand the activities carried out by a Chief Financial Officer (CFO).
The main objective of the Course is to help students develop their skills and to apply the knowledge gained in the study and practice of business management. In particular, the Course presents the methods and tools that CFOs use in determining the costs and benefits of investment decisions and financing. The concepts of value creation and the time value of money are essential for the understanding of the basic principles of modern corporate finance.
At the end of the Course, in line with the general objective of the Course of Study, students will have to demonstrate that they possess the following skills:
• KNOWLEDGE AND UNDERSTANDING. Students must demonstrate knowledge of the general principles underlying corporate finance.
• ABILITY TO APPLY KNOWLEDGE AND COMPREHENSION. Students must be able to re-elaborate the topics covered during the teaching in order to
apply the acquired knowledge in the continuation of university studies and the subsequent professional career.
• AUTONOMY OF JUDGMENT. Students must be able to collect data and information transmitted by the teacher in order to integrate the acquired knowledge and make judgments.
• COMMUNICATION SKILLS. Students must show skills in clearly explaining the concepts learned.

Contents

The main contents of the Course include financial analysis and financial planning, capital budgeting techniques, business valuation procedures, choice of funding sources and optimal capital structure.

Extended Syllabus

THEORETICAL PART
- Course Description.
- Financial statement and analysis of financial dynamics.
- Capital budgeting.
- Business valuation methods.
- The valuation of intangibles.
- Firm’s financing choices. Capital structure theories.
PRACTICAL PART
- Using Project management tools.
- Cases and exercises to solve in the classroom and at home.

Recommended Bibliography

Aswath Damodaran (2015), ‘Applied Corporate Finance’ – 4th Edition, John Wiley & Sons, Inc.
Capitolo 1 - The Foundations
Capitolo 2 - The Objective in Decision Making
Capitolo 3 - The Basics of Risk
Capitolo 4 - Risk Measurement and Hurdle Rates in Practice
Capitolo 7 - Capital Structure: Overview of the Financing Decision
Capitolo 12 - Valuation: Principles and Practice (Section/Paragraph: Discounted Cash Flow Valuation)

Methods of Provision

Conventional

Teaching Methods

The Course is built on learning by doing logic. In general, each lesson consists of a theoretical part flanked by the presentation of cases and exercises to be solved in the classroom.
Students, properly guided by the teacher, and involved in dialogue teaching rank as the protagonists of the lesson.
The active participation of students in lessons is essential to promote the success of the learning process.

Evaluation methods

Verification of learning:

The assessment of student learning will be carried out according to the following methods:
• Written test - The written exam is based on a mix of open questions, closed questions and exercises, which aims to evaluate the student's level of learning of the theoretical notions and the main concepts, methods and tools shared in the Course.
• Project work - Group-work presentations in the last session of the Course (Award three points).
The final evaluation will be given by the sum of the two evaluations (Project Work and Written Test).

Contacts/More Information

Class attendance is strongly recommended.
For those students, bringing a personal computer (notebook) and a scientific calculator to the classroom is recommended.
Teaching material provided during the lessons is uploaded to the teacher's website (https://elearning.unich.it/).
ERASMUS students are invited to contact the teacher for confirming their program.
Teacher's email address: andrea.quintiliani@unich.it.

Università degli Studi
"G. d'Annunzio"

Chieti - Pescara

Aree