This course aims at providing a global view on financial markets and an introduction to corporate finance. Tools developed show how finance can create value and support executives to make investment, financing and distribution decisions.

A comprehensive approach to the major financial management decisions
At the end of the course, students should be able to (or will have):

• A broad view on the foundations of modern finance theory that ground any financial decis
• Apply the general objective framework of stock value maximization regarding investment and financing decisions.
• Compute all relevant information on excel spreadsheets.
• Apply the general principles of asset valuation to stocks and bonds.
• Apply portfolio theory in corporate finance and compute the WACC
• Extract useful information from financial statements to support financial decisions
• Apply capital budgeting principles
• Know about the principles guiding capital structure

• Aswath DAMODARAN: Corporate Finance, Wiley 2nd edition. Resources on the text’s web site: http://www.wiley.com/college/damodaran
• Academic paper: John R. Graham, Campbell R. Harvey (2001), “The theory and practice of corporate finance: evidence from the field”, Journal of Financial Economics 60, 187-243.