Business Finance (B-KUL-D0O54A)
Aims
Upon completion of this course, the student is able to:
- appreciate the need and usefulness of different types of financing relative to the life cycle of a firm
- evaluate different types of crowdfunding, venture capital, private equity and bank financing from the perspective of the firm and the funding provider
- appreciate the opportunities as well as the functioning of an IPO
- understand the functioning of investor relations and place this activity within the context of the corporate governance of the listed firm
- appropriately apply different tools that are important in the evaluation of different forms of financing (a.o. valuation, financial planning).
Previous knowledge
The student should meet the criteria for the programme. The student should have basic knowledge on corporate finance, accounting and financial reporting
Is included in these courses of study
- Master in de toegepaste economische wetenschappen (Leuven) 60 ects.
- Master in de toegepaste economische wetenschappen (Leuven) (Major: Financiële economie) 60 ects.
- Master in de toegepaste economische wetenschappen (Leuven) (Minor: Financiële economie) 60 ects.
- Master handelsingenieur (Leuven) 120 ects.
- Master handelsingenieur (Leuven) (Minor: Risk en finance) 120 ects.
- Master of Business Economics (Leuven) 60 ects.
- Master of Business Economics (Leuven) (Major 3: Financial Economics) 60 ects.
- Master of Business Economics (Leuven) (Minor 5: Financial Economics) 60 ects.
- Master in de economie, het recht en de bedrijfskunde (Leuven) (Optie: Finance en financieel recht) 120 ects.
- Master of Business Engineering (Leuven) 120 ects.
- Master of Business Engineering (Leuven) (Minor: Risk and Finance) 120 ects.
- Courses for Exchange Students Faculty of Economics and Business (Leuven)
Activities
3 ects. Entrepreneurial Finance (B-KUL-D0O46a)
Content
This course provides you with an understanding of the economics of entrepreneurial finance. It proceeds by first addressing financing and strategic issues faced by entrepreneurs in the early stages of a firm. The course then provides an overview, and discusses the (dis)advantages of sources of finance that entrepreneurs can try to access and discusses techniques to reduce the venture's reliance on formal sources of external finance. Finally, the course explores different valuation techniques that are typically used for entrepreneurial ventures. Specific topics include: methods of valuing private firms; economics of contracts; and exit strategies.
Course material
Used course material:
* Textbook: Fundamentals of Entrepreneurial Finance (M. Da Rin, T. Hellmann) – Oxford University Press
* Course material and research papers, as distributed via Toledo
Toledo is being used for this learning activity.
Is also included in other courses
3 ects. Financing Mature Firms (B-KUL-D0O54a)
Content
This course provides you with an understanding of the economics of corporate finance. It proceeds by first addressing financing and strategic issues faced by financial managers of mature firms. The course then provides an overview of funding sources that are available to such firms and discusses implications of a given financing mix for capital budgeting, valuation, and the firm’s continued success. The course also explores investor relations and corporate governance. Specific topics include: capital budgeting and valuation with leverage; long-term and short-term financing; economics of contracts; and exit strategies. The course has roles such as CFO, financial analyst, and/or loan officer in mind for your “future self”.
Course material
Used course material:
* Textbooks: Corporate Finance (Welch)
* Course material and research papers, as distributed via Toledo
Toledo is being used for this learning activity.
Language of instruction: more information
Het opleidingsonderdeel dient toegankelijk te zijn voor studenten van buiten het Nederlandse taalgebied.
Format: more information
Students should attend the lectures in which the course materials are discussed
Evaluation
Evaluation: Business Finance (B-KUL-D2O54a)
Explanation
Evaluation caracteristics
The evaluation consists of a written, closed book exam with open questions
Determination final result
The grades are determined by the lecturer as communicated via Toledo and stated in the examination schedule. The result is calculated and communicated as a whole number on a scale of 20
Information about retaking exams
The features of the evaluation and determination of grades are identical to those of the first examination opportunity, as described in the tab 'Explanation'.