Content, progress and pedagogy of the module

The objective of this module is to help the business law student develop the tools and analytical capacities to understand financial decisions in organizations and society, enabling her/him to contribute towards increasing a company’s value and function effectively in a corporate setting.

The following main areas will be covered:

• Time value of money: how does financial valuation work and how to decide whether a project is worth undertaking?
• Valuation of bonds and equity: how are financial securities priced?
• Risk and return: how does risk shape investment decision-making?
• Capital structure: how do firms decide what mix of debt and equity to use to finance themselves?

Other related topics will also be covered as the time permits.

Learning objectives

Knowledge

The objective is that the student after the module possesses the necessary knowledge on:

• the fundamental concepts of investment and corporate financing.
• the characteristics of the financial resources used by corporations and their cost drivers.
• the impact of financial structure on firm value

Skills

The objective is that the student after the module possesses the necessary skills in:

• identifying and financially appraising projects and investment opportunities as well as sources of funding for the projects, investments, and businesses activities.
• understanding the debt and equity markets and instruments, approaches to their valuation and the risks associated with such investments.
• analysing different types of financing in determining the company's total cost of capital-return requirements and their impact on the market value of the enterprise

Competences

The objective is that the student after the module possesses the necessary competences in:

• using argument and evidence; demonstrating numerical/quantitative skills; develop a framework and provide a set of analytical tools for corporate finance based on finance theories and the best industry practices; evaluate the business decisions making implications of financial management.
• arguing on a scientific basis about the merits and demerits of, as well as alternatives to, various analytical frameworks and techniques used for financial and risk management in business.
• using the major financial theories as a framework for real world business analysis.

Type of instruction

Se mere i studieordningen § 17.

Exam

Exams