This module aims to discuss optimal strategic decisions in a range of topics and issues in Corporate Finance with the adoption of advanced theoretical models. The module explains the interaction between capital markets and the underlying value of real assets, provides an in-depth exploration of advanced theories used to understand financial markets in the context of corporate borrowing and lending, discusses 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 and touches on corporate risk management evaluation and hedging.
The module will focus on real-world issues frequently faced by corporate managers, such as capital budgeting, the design of optimal capital structures, the raising of long-term equity capital, distribution of cash to shareholders, among others. In this module, students will make use of integrated software solutions for problem-solving.
The Advanced Corporate Finance module also serves as a background for other elective graduate courses in Finance such as Business Valuation Challenge, Empirical Methods for Corporate Finance, Entrepreneurial Finance, and Risk Management in Financial Institutions.
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. 3 students. The student may also choose to write the project alone
|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||Avanceret virksomhedsfinansiering|
|Language of instruction||English|
|Location of the lecture||Campus Aalborg|
|Responsible for the module|
|Study Board||Study Board of Economics and Business Administration|
|Department||Aalborg University Business School|
|Faculty||Faculty of Social Sciences and Humanities|