Scientific Disciplinary Sector (SSD)
SECS-P/09 - CORPORATE FINANCE
Secondo semestre (lauree) dal Feb 20, 2023 al May 31, 2023.
The course aims to provide a general overview of the elements making up the financial system, analyzing the structure and characteristics of markets, the business of credit intermediation and brokerage intermediation. In the second part, in the perspective of non financial firms, are analyzed the characteristics of the net present value in the capital budgeting decisions, the choices of financial structure, the financing instruments in the short and medium-long term, the dividend policy, the payment instruments in international trade and the operations of hedging of financial risks (currency risk, interest rate risk and commodity risk); moreover the topics of project finance and patent box are examined during the course.
At the end of the course the Student has to demonstrate to understand the peculiarities of the main components of the financial system; moreover he must be able to analyze, interpret and evaluate in a critical and autonomous way the firm’s decisions that have financial implications
Prerequisites and basic notions
Fundamental knowledge on corporate accountability should be considered a good starting point for studying business financial dynamics.
The course provides a fundamental knowledge of the entire corporate finance framework.
- Introduction to corporate finance
- Introduction to financial system
- Financial statements analysis and financial planning
- Investment decisions and valuation models
- Short-term and long-term finance
- Innovation and new channels for raising funds
Teaching methods: Lectures and experts’ insights on specific topics, when needed.
During the course, students might be asked to deliver project works to further explore specific topics.
Teaching Language: Italian
Further information will be available on the e-learning page of the course.
Learning assessment procedures
Written test made up of open questions and exercises.
Students are given the opportunity to take a mid-term exam (written test).
The exam is aimed at assessing the acquired knowledge and critical analysis skills by taking into account mastery of the technical language and the ability to logically organise the answer.
Criteria for the composition of the final grade
If students get a positive mark in the mid-term exam (at least 18 out of 30), they will not be assessed on this part again. The mid-term test grade accounts for the 50% of the final mark.