Corporate Finance (B) (B-KUL-HSA23A)

6 ECTSEnglish52 Second term
OC Business Administration FEB Campus Brussel

2.a Understands basic theories, basic terms, and basic concepts of each management domain, in particular with respect to the financial, operational, commercial and organisational activities, and can apply them when solving business problems.

2.a.6  Students are able to describe and apply the main financial concepts and theories within corporate finance 

2.c  Understands and substantiates the critical importance of each management domain for a successful organisation and the coherence with other management domains.

2.c.1  Students are able to position the role of the financial manager and the goals of corporate finance within a broader corporate perspective 

2.i  Masters the basic concepts and the overall functioning of banking, the stock market and the insurance business as well as the characteristics and functioning of the most important financial products and financial markets.

2.i.2  Students are able to determine the financial value of the main financial instruments used in corporate finance i.e. stocks and bonds  

2.j  Using the principles of time value of money, interprets information from financial reporting and news coverage, and uses all this as input in financial issues.

2.j.2  Students are able to apply the principles of time value of money to several valuation exercises  

2.k  Makes a reasoned assessment of the impact of uncertainty on the financial decisions of individuals and organisations.

2.k.1  Students are able to financing and investment decisions with a risk-return  framework                             

8.a  Identifies (business) economic challenges with practical relevance and relates them to insights developed in the field.

8.a.1  Students are able to analyse investment and financing decisions using science-based theoretical frameworks 

8.g  Shows interest in current affairs and broadens his background knowledge.

8.g.3  Students are able to critically reflect on the financial news and are able to assess the implications of the financial news on corporate finance decision 

12.d  Integrates sustainability values in the analysis of topical (business) economic problems and proposes solutions that take into account these values.

12.d.1 Students are able to critically reflect on the sustainability of financial decisions

There is no specific pre-knowledge required for this course

This course is identical to the following courses:
Y00341 : Ondernemingsfinanciering (S)
HBH62E : Ondernemingsfinanciering
HBA18C : Corporate Finance
HTH88A : Ondernemingsfinanciering (BL)
HSH94A : Ondernemingsfinanciering (S)
Y00926 : Ondernemingsfinanciering

Activities

6 ects. Corporate Finance (B) (B-KUL-HSA23a)

6 ECTSEnglishFormat: Lecture52 Second term
OC Business Administration FEB Campus Brussel

Value and value-creation

  • introduction
  • valuing bonds
  • valuing stocks
  • evaluation of investment projects  

Risk and capital budgeting

  • introduction risk and return
  • portfolio theory and asset pricing models
  • risk and the cost of capital  

Selected corporate finance topics

 This table of contents is indicative: changes can be made in view of topical events in corporate finance and time constraints. Also depending on timing, one or more business-oriented guest lectures can be organised.

Recommended study material:
Principles of Corporate Finance, custom edition based on 13th edition - compiled by Decan, H., D'Espallier, B. and Praet, A.
Publisher: McGraw-Hill. ISBN: 9781307561722

Evaluation

Evaluation: Corporate Finance (B) (B-KUL-H75361)

Type : Exam during the examination period
Description of evaluation : Written
Type of questions : Multiple choice, Open questions, Closed questions
Learning material : List of formulas, Calculator


The exam consist of theoretical questions and exercises. Questions on subjects treated by invited guest lectures/business seminars (if any) are possible. Part of the exam can be in the form of multiple choice questions (a correction for guessing will be applied for multiple choice questions – details will be discussed during the lectures).

The features of the evaluation and determination of grades are identical to those of the first examination opportunity.