Course syllabus

Jump to today

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 4 sept L1 Chap 2, 3, 4, 5 Repetition
GW 4 sept L2 Chap 7, 8 Repetition
GW 11-sep L3 Chap 6 Credit Market
GW 11-sep L4 Chap 10 Risk and Return
GW 18-sep L5 Chap 11 CAPM
GW 18-sep L6 Chap 11  CAPM forts
GW 25-sep L7 Chap 12 Estimating CoC
GW 25-sep L8 Chap 23 Raising Equity
UÖ 2-okt L9 Chap 9 Valuing stocks
UÖ 2-okt L10 Chap 13, 14 Capital structure
UÖ 09-okt L11 Chap 15 Debt and Taxes
UÖ 09-okt L12 Chap 16, 17 Financial distress
UÖ 16-okt L13 Chap 18  Capital budgeting and Valuation
UÖ 16-okt L14 Chap 19 Valuation and Financial Modeling
UÖ 23-okt L15 Chap 20, 21 Financial Options
UÖ 23-okt L16 Repetition
Written exam 2024-10-30 am
Re exam 2025-01-09 am

 

 

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 . No attendance is mandatory. Examination is written exam in excel on University computers. For dates on exam an re-exam, see schedule above.

Changes since last year:

 Lectures focus more on calculations. Chalmers has rejected us to use Excel during exam.

Teaching goals:

Students should

Understand corporate finance from a cashflow perspective

Understand portfolio theory using CAPM as a risk management 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, digital and is made in Inspera. Grades are Fail, 3, 4 and 5 with requirements 40%, 60% and 80%.

Course summary:

Date Details Due