Saint-Louis University - Bruxelles
English
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ECGE1327 - Corporate finance



Credits : 5

Lecturer :
Teaching assistant :
Mode of delivery :
Face-to-face , second term, 45 hours of theory.

Timetable :
Second term
Tuesday from 10:45 to 12:45 at 119 Marais 3200
Wednesday from 13:00 to 15:00 at 119 Marais 3200

Language of instruction :
The course will be taught in English.

Learning outcomes :
The aim of the course is to provide an insight in the major concepts and techniques in corporate finance. These concepts and techniques should allow students to set objectives of financial management and solve problems in financial management.

Prerequisites :
Co-requisites :
None

Course contents :
Introduction :
The Corporation, financial decision making and the law of one price
Valuing projects and firms :
Investment decision rules and Fundamentals of capital budgeting

Risk and return :
Capital markets and the pricing of risk ; Optimal portfolio choice and CAPM ; Estimating the cost of capital ; Investor behaviour and capital market efficiency
Capital structure :
CS in a perfect market ; Debt and taxes ; Financial distress ; Payout Policy
If time allows : Capital budgeting and valuation with leverage


Planned learning activities and teaching methods :
Lectures

Assessment methods and criteria :
An oral exam and a group assignment.

Recommended or required reading :
Corporate Finance: The Core, 4th Edition, Jonathan Berk, Stanford University, Peter DeMarzo, Stanford University, ©2017 Pearson

Other information :
Slides and lecture notes will be provided by the lecturer (on the university's private network).