Print Syllabus

Syllabus

FÖ0509 Corporate Finance, 15.0 Credits

Företagsfinansiering

Subjects

Economics Business Administration

Education cycle

Master’s level

Advanced study in the main field

Second cycle, has only first-cycle course/s as entry requirements
Master’s level (A1N)

Grading scale

Language

English

Prior knowledge

Knowledge equivalent to

180 credits

60 credits Business Administration or 60 credits Economics

15 credits Microeconomics

15 credits Statistics or 5 credits Mathematics and 5 credits Statistics

English 6

Objectives

*The course provides a dynamic perspective on the firm’s capital expenditures, investment process, and risk management. *

After successful completion of the course, students will be able to:

• account for the investment process and the economic objectives of the firm in the context of capital markets,
• analyse investment related cash flows considering the effects of taxes, inflation and uncertainty,
• analyse the determinants of optimal lifetime and replacement of real assets,
• account for uncertainty and risk in the analysis of investment decisions,
• analyse an investment decision from a portfolio perspective,
• analyse investments using real option theory in the investment decision-making process.

Content

Subject-related content
The course covers investment theory, continuous as well asand discrete measures for evaluating investment under certainty, as well as under uncertainty over future conditions. Additional topics include portfolio theory and applications of portfolio management, as well as risk and risk management.

The specific contents of the course are:

• Introduction, classification of investments, the value of time
• Financial mathematics; series and interest
• Capital markets, and bonds, and stock pricing
• Measures for evaluating investments including fiscal and inflationary concerns
• Economic life-time and replacement decision analysis
• Evaluating investment decisions under risk and uncertainty
• Portfolio theory and expected utility
• Capital Asset Pricing Model
• Risk and risk management
• Options, option pricing, and real options

Teaching formats
The course uses different teaching methods to promote students' learning and discussions through lectures, problem sets, and seminars.

Grading form

The grade requirements within the course grading system are set out in specific criteria. These criteria must be available by the course start at the latest.

Formats and requirements for examination

Passed written examination.
Passed assignments.

• If a student has failed an examination, the examiner has the right to issue supplementary assignments. This applies if it is possible and there are grounds to do so.

• The examiner can provide an adapted assessment to students entitled to study support for students with disabilities following a decision by the university. Examiners may also issue an adapted examination or provide an alternative way for the students to take the exam.

• If this syllabus is withdrawn, SLU may introduce transitional provisions for examining students admitted based on this syllabus and who have not yet passed the course.

• For the assessment of an independent project (degree project), the examiner may also allow a student to add supplemental information after the deadline for submission. Read more in the Education Planning and Administration Handbook.

Other information

• The right to participate in teaching and/or supervision only applies for the course instance the student was admitted to and registered on.

• If there are special reasons, students are entitled to participate in components with compulsory attendance when the course is given again. Read more in the Education Planning and Administration Handbook.

Additional information

The specific entry requirements can also be fulfilled through four years of completed studies at the Forest Science programme with specialization in business administration.

Responsible department

Department of Economics