Corporate Financing and Investment Decisions (2014/2015)



Course code
4S00409
Credits
6
Coordinator
Lorenzo Faccincani
Academic sector
SECS-P/11 - FINANCIAL MARKETS AND INSTITUTIONS
Language of instruction
Italian
Teaching is organised as follows:
Activity Credits Period Academic staff Timetable
lezione 1 5 Secondo semestre Lorenzo Faccincani
lezione 2 1 Secondo semestre Michele Rutigliano

Lesson timetable

Secondo semestre
Activity Day Time Type Place Note
lezione 1 Monday 8:30 AM - 10:10 AM lesson Lecture Hall VM5  
lezione 1 Tuesday 8:30 AM - 10:10 AM lesson Lecture Hall VM4  
lezione 1 Wednesday 12:10 PM - 1:50 PM lesson Lecture Hall VM4  

Learning outcomes

The course aims to analyze the principles of corporate finance by extending the criteria underlying the capital budgeting decisions, the relevant variables in the choices of capital structure and financing instruments in the short and medium-long-term which can be used by industrial firms to coverage their financial needs.

Syllabus

The principles of corporate finance.
The determination of the relevant cash flows and the cost of capital in the net present value.
The decisions of financial structure. The benefits and the costs of borrowing.
The technical forms of medium and long-term financing.
The technical forms of short-term financing.
Payment instruments in international trade.
Introduction to Corporate Financial Risk Management.

Textbook

Volume create for the course "Analisi e copertura dei fabbisogni finanziari - a.a. 2014-15" published by McGraw Hill.

Students must also prepare the material loaded on the
e-learning page of the course.

Assessment methods and criteria

The exam is written and is directed to verify the knowledge of the topics in the program. It consists of 3 questions (theoretical questions and exercises).

There will be a mid-term exam in which the student may elect to participate.

The midterm will focus on the first part of the program:

- the principles of corporate finance;
- the determination of the relevant cash flows and the cost of capital in the net present value;
- the decisions of financial structure. The benefits and the costs of borrowing.

The mid-term exam consists of a written with 3 questions (theoretical questions and exercises).

Those who pass the midterm will have to bear a test which will focus on the second part of the course:

- the technical forms of medium and long-term financing;
- the technical forms of short-term financing;
- payment instruments in international trade;
- introduction to Corporate Financial Risk Management.

The exam on the second part of the program must be sustained in one of the appeals provided for in the session immediately following the semester in which the course was given. The test on the remaining part of the program consists of one written with 3 questions (theoretical questions and exercises).

Compared to the final vote, the result obtained in the mid-term exam will have a weight equal to 50%.