This module provides an introduction to the fundamentals of finance, emphasizing their application to a wide variety of real-world situations. It aims to provide students with an understanding of the role of finance in business; the nature of available financial instruments and determinants of the prices of marketable securities; investment appraisal decisions, risk management methods, and capital structure. All of these topics are studied in the context of effective financial management, corporate governance and business ethics.
During the module students will learn about long-term financial strategies, basic security valuation principles, basics of company valuation, effective investment decisions, bond pricing, cost of capital and capital asset pricing, corporate governance and ethics, basics of financial risk management, and the impact of digitalisation in the financial services industry. Theoretical material covered in class will be combined with desktop analytics, web and mobile applications to expose students to the real-life scenarios and applications. Finance theories, tools and techniques discussed in the course can be utilized in any management decision-making process in any business sector.
This module provides an introduction to the theory and practice of finance and so provides a foundation for a more in-depth study of different aspects of finance in the MSc programme.
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||Principles of Finance|
|Type of exam|
Written examIndividual examination.
|Assessment||7-point grading scale|
|Type of grading||Internal examination|
|Criteria of assessment||The criteria of assessment are stated in the Examination Policies and Procedures|
|Danish title||Videregående finansieringsteori|
|Language of instruction||English|
|Location of the lecture||Campus Aalborg|
|Responsible for the module|
|Study Board||Study Board of Economics and Business Administration|
|Department||AAU Business School|
|Faculty||Faculty of Social Sciences and Humanities|