Foundations of Corporate Finance
The aim of the course is to acquaint students with key aspects of corporate finance, with emphasis on the importance of financial management both in the economy and in the whole field of finance. The course is designed in two interrelated areas. The first part of the course will be devoted to the basics and then advanced methods of financial analysis. The aim of this part of the course will be to understand and evaluate the financial situation of the company, based on a detailed analysis of corporate statements, including the formulation of recommendations for such a company. The second part of the course will focus on individual methods of evaluation of investment projects. This part of the course is based on the issue of time value of money and further develops it into the issue of capitalization, discounting, and net present value. Furthermore, attention will be paid to theoretical concepts based on which financial decisions are formulated. The second part will also analyze selected types of securities from the perspective of the issuing company and investors and evaluate how the decision on individual methods of financing affects the financial situation of the company.
Teacher(s)
Syllabus
Overview of lectures
1. Introduction to financial management.
2. Introduction to financial analysis, basics of financial statements.
3. Property and financial structure of the company, basics of balance sheet items in financial analysis.
4. Financial analysis I. Analysis of the economic and financial situation of the company.
5. Financial analysis II. Net working capital, profitability, liquidity and financing of the company.
6. Leasing.
7. Problems of time value of money and analysis of methods based on time value of money.
8. Problems of risk and return in the field of finance.
9. Analysis of basic securities for business financing and their use.
10. Value issues in the field of financial management.
11. Basic methods and techniques for valuation of securities.
12. Complementary topics in the field of financial management.