The aim of this module is to develop optimal strategic decisions by applying advanced theoretical and applied treatment of major issues in corporate finance. The module puts significant emphasis on the interaction between capital markets and the value of the underlying real assets.
The module is divided in two parts. The first part of the module is an in-depth exploration of advanced theories used to understand financial markets in the context of corporate borrowing and lending, discuss financing frictions, security design and the process of security issuance in equity markets, the role of corporate control, and the interaction of control rights and cash flow rights, corporate risk management evaluation and hedging. In the second part of the module real-world cases will be presented/discussed on capital budgeting, the design of optimal capital structures, valuation of private equity buyouts, among others.
The objective is that the student after the module possesses the necessary knowledge on:
The objective is that the student after the module possesses the necessary skills in:
The objective is that the student after the module possesses the necessary competences in:
For information see §17.
|Name of exam||Advanced Corporate Finance|
|Type of exam|
Oral exam based on a projectGroup examination with max. 6 students.
|Assessment||7-point grading scale|
|Type of grading||External examination|
|Criteria of assessment||The criteria of assessment are stated in the Examination Policies and Procedures|
|Danish title||Videregående corporate finance|
|Language of instruction||English|
|Location of the lecture||Campus Aalborg|
|Responsible for the module|
|Study Board||Study Board of Business Economics|
|Department||AAU Business School|
|Faculty||The Faculty of Social Sciences|