Studying at the University of Verona

Here you can find information on the organisational aspects of the Programme, lecture timetables, learning activities and useful contact details for your time at the University, from enrolment to graduation.

Study Plan

A.A. 2024/2025 A.A. 2023/2024 A.A. 2022/2023 A.A. 2021/2022 A.A. 2020/2021

This information is intended exclusively for students already enrolled in this course.
If you are a new student interested in enrolling, you can find information about the course of study on the course page:

Laurea in Economia e commercio - Enrollment from 2025/2026

The Study Plan includes all modules, teaching and learning activities that each student will need to undertake during their time at the University.
Please select your Study Plan based on your enrollment year.

1° Year

ModulesCreditsTAFSSD
9
A
IUS/01
9
A
SECS-P/07
9
A
SECS-P/01
9
A
SECS-S/06
9
B
SECS-P/08
9
C
SECS-P/12
3
E
-

2° Year  activated in the A.Y. 2022/2023

ModulesCreditsTAFSSD
6
A
IUS/04
6
B
SECS-P/07
9
B
SECS-P/01
9
B
SECS-P/07
9
B
SECS-P/03
9
B
SECS-S/01
9
C
SECS-P/09

3° Year  activated in the A.Y. 2023/2024

ModulesCreditsTAFSSD
9
B
IUS/07
9
B
SECS-P/05
9
B
SECS-S/06
6
B
SECS-P/02
2 MODULES TO BE CHOSEN AMONG THE FOLLOWING
6
C
SECS-P/02
6
C
SECS-S/01
6
C
SECS-P/01
6
C
SECS-S/06
6
C
SECS-P/05
6
C
SECS-P/02
6
F
-
Prova finale
3
E
-
ModulesCreditsTAFSSD
9
A
IUS/01
9
A
SECS-P/07
9
A
SECS-P/01
9
A
SECS-S/06
9
B
SECS-P/08
9
C
SECS-P/12
3
E
-
activated in the A.Y. 2022/2023
ModulesCreditsTAFSSD
6
A
IUS/04
6
B
SECS-P/07
9
B
SECS-P/01
9
B
SECS-P/07
9
B
SECS-P/03
9
B
SECS-S/01
9
C
SECS-P/09
activated in the A.Y. 2023/2024
ModulesCreditsTAFSSD
9
B
IUS/07
9
B
SECS-P/05
9
B
SECS-S/06
6
B
SECS-P/02
2 MODULES TO BE CHOSEN AMONG THE FOLLOWING
6
C
SECS-P/02
6
C
SECS-S/01
6
C
SECS-P/01
6
C
SECS-S/06
6
C
SECS-P/05
6
C
SECS-P/02
6
F
-
Prova finale
3
E
-
Modules Credits TAF SSD
Between the years: 1°- 2°- 3°
12
D
-

Legend | Type of training activity (TTA)

TAF (Type of Educational Activity) All courses and activities are classified into different types of educational activities, indicated by a letter.

A Basic activities
B Characterizing activities
C Related or complementary activities
D Activities to be chosen by the student
E Final examination
F Other training activities
S Placements in companies, public or private institutions and professional associations

Corporate finance  (2022/2023)

Teaching code

4S00495

Academic staff

Alex Sclip, Veronica De Crescenzo

Coordinator

Alex Sclip

Credits

9

Language

Italian

Scientific Disciplinary Sector (SSD)

SECS-P/09 - CORPORATE FINANCE

Period

Secondo semestre (lauree) dal Feb 20, 2023 al May 31, 2023.

Lessons timetable MoodleMoodle Seminars 0

Learning objectives

The course aims to provide knowledge for corporate decisions and is mainly divided into two parts. In the first part, in the perspective of non-financial companies, the characteristics of the net present value in capital budgeting decisions, the choices of financial structure, short and medium-long term financing instruments, dividend policy, international trade financial instruments, instruments for hedging financial risks (exchange rate risk and interest rate risk) are presented. In the second part, the Course aims to provide a general overview of the elements characterizing the financial system, by analysing the structure and functions of the markets, the credit intermediation and securities brokerage services. At the end of the course the student is able to apply the knowledge to make business decisions relating to problems of corporate finance, investments and financing.

Prerequisites and basic notions

The course takes place in the second semester of the second year of the
degree course in Economics and Business. For a fruitful understanding of
the phenomena being studied, the student is required to have knowledge
of the fundamentals of Business Economics, accounting and Business Performance.

Program

The course aims to provide knowledge for corporate decisions and is mainly divided into two parts. In the first part, the Course aims to provide a general overview of the elements characterizing the financial system, by analysing the structure and functions of the markets and the intermediaries.
The second part aims to provide a basic knowledge about investment and financing policies:
- Cash flow analysis: objectives, meaning and implementation;
- Financing instruments
- Economic and financial forecasting: objectives, meaning, correlation with business strategies, assumptions;
- Financial and Operational risk;
- Investment valuation methods: payback period, discounted payback
period, net present value, internal rate of return;
- The quantification of the relevant project cash flows and the related
cash flow statement;
- The weighted average cost of capital (WACC);
- Portfolio risk and return: the diversification effect;
- The Capital asset pricing model and the Security market line;
- The dividend discount model;
- The estimate of the cost of debt;
- The theories of Modigliani Miller without and with taxes;
- Beta levered and unlevered;
- Alternative theories to Modigliani Miller.

Bibliography

Vai alla bibliografia
Visualizza la bibliografia con Leganto, strumento che il Sistema Bibliotecario mette a disposizione per recuperare i testi in programma d'esame in modo semplice e innovativo.

Didactic methods

Theoretical lessons and exercises

Learning assessment procedures

Written 90 minutes.

Students with disabilities or specific learning disorders (SLD), who intend to request the adaptation of the exam, must follow the instructions given HERE

Evaluation criteria

Written examination

Criteria for the composition of the final grade

From 0 to 30

Exam language

Italiano