Course syllabus

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TEK755 TEK755 Corporate finance lp1 HT23 (7,5 hp)

Offered by Department of  Technology management and Economics 

 

Administration

Examinor: Gunnar Wramsby

Guest lecturer: Urban Österlund (Jönköping International Business School)

Class administrator: Birgitta Engrell

 

Course Purpose

Corporate Finance is a theory based course with strong practical connections. Theories is about value creation, risk management and human behavior. The purpose is to introduce and familiarize students with these theories, to be able to use them in new contexts in future analysis and future business decisions.

 

 

Schedule

Teacher Date Berk & DeMarzo Theme
GW 31-aug L1 Chap 2, 3, 4, 5 Repetition
GW 31-aug L2 Chap 7, 8 Repetition
GW 04-sep L3 Chap 6 Credit Market
GW 11-sep L4 Chap 10 Risk and Return
GW 13-sep L5 Chap 11 CAPM
GW 13-sep L6 Chap 11  CAPM forts
GW 20-sep L7 Chap 12 Estimating CoC
GW 20-sep L8 Chap 23 Raising Equity
UÖ 27-sep L9 Chap 9 Valuing stocks
UÖ 27-sep L10 Chap 13, 14 Capital structure
UÖ 04-okt L11 Chap 15 Debt and Taxes
UÖ 04-okt L12 Chap 16, 17 Financial distress
UÖ 11-okt L13 Chap 18  Capital budgeting and Valuation
UÖ 11-okt L14 Chap 19 Valuation and Financial Modeling
UÖ 18-okt L15 Chap 20, 21 Financial Options
UÖ 18-okt L16 Repetition
Written exam 2023-10-25 am
Re exam 2024-01-05 am
Re exam 2024-08-30 pm

 

 

Literature: Corporate Finance by Jonathan Berk and Peter DeMarzo, global edition

Course structure

The class is organized as Lectures with theory and calculations. Excel is frequently used in class as examination tool. No attendance is mandatory. Examination is written exam in excel on University computers. For dates on exam an re-exam, see schedule above sedan förra kurstillfället

Changes since last year:

Class is offered in English, written assignments is gone along with guest lectures. Lectures focus more on calculations.

Teaching goals:

Students should

Understand corporate finance from a cashflow perspective

Understand portfolio theory using CAPM as a riskmanagement tool

Be able to explain theoretical models as efficient markets, agency theories and optimal capital structure based on Modigliani Miller theories

Be able to analyze advanced financial instruments and their application

Be able to evaluate short and long term financing alternatives

 Be able to apply financial theory when handling special situations, like mergers and acquisitions, international finance and distress.

 

Examination

Written exam is individual and in excel. Grades are Fail, 3, 4 and 5 with requirements 40%, 60% and 80%.

 

Course summary:

Date Details Due