Subject description - AE0B16FIP

Summary of Study | Summary of Branches | All Subject Groups | All Subjects | List of Roles | Explanatory Notes               Instructions
AE0B16FIP Corporate Finance
Roles:  Extent of teaching:2P+2S
Department:13116 Language of teaching:EN
Guarantors:Beneš M. Completion:Z,ZK
Lecturers:Beneš M. Credits:4
Tutors:Beneš M. Semester:Z,L

Web page:

https://moodle.fel.cvut.cz/courses/AE0B16FIP

Anotation:

Principles of finance, present value and alternative cost of capital, financial calculus, long-term finance, valuation of bonds and stocks, investment decision and net present value, IRR, comparison time period, annual equivalent value, inflation and return, capital asset pricing model, portfolio, sensitivity analysis and risk, WACC.

Course outlines:

1. Introduction to financial management
2. Accounting - principles, financial statements
3. Accounting 2 - analysis of statements, financial ratios
4. Present value concept, basic tasks
5. Advanced PV calculations - annuity and perpetuity factors, valuation of bonds
6. Financial decision criteria - NPV, IRR, payback period, profitability index
7. Complex tasks and NPV calculation
8. Valuation of common stock
9. Introduction to portfolio theory - diversification, beta coefficient
10. Risk and return - CAPM, APT
11. Capital budgeting and risk
12. Capital structure - WACC, leverage
13. Risk and project valuation - sensitivity analysis, scenario analysis, decision trees
14. Reserve lesson

Exercises outline:

1. Introduction to financial management
2. Accounting - principles, financial statements
3. Accounting 2 - analysis of statements, financial ratios
4. Present value concept, basic tasks
5. Advanced PV calculations - annuity and perpetuity factors, valuation of bonds
6. Financial decision criteria - NPV, IRR, payback period, profitability index
7. Complex tasks and NPV calculation
8. Valuation of common stock
9. Introduction to portfolio theory - diversification, beta coefficient
10. Risk and return - CAPM, APT
11. Capital budgeting and risk
12. Capital structure - WACC, leverage
13. Risk and project valuation - sensitivity analysis, scenario analysis, decision trees
14. Reserve lesson

Literature:

1. Brealey, R.A., Myers, S.C. Allen F. Principles of Corporate Finance. McGraw-Hill. 2007
2. Sharpe, W.F., Alexander G.J. Investments. USA: Prentice-Hall, Inc. 1990

Requirements:

No prerequisites.

Keywords:

finance, project evaluation

Subject is included into these academic programs:

Program Branch Role Recommended semester


Page updated 6.12.2024 17:51:05, semester: Z/2025-6, Z,L/2024-5, Send comments about the content to the Administrators of the Academic Programs Proposal and Realization: I. Halaška (K336), J. Novák (K336)