Current active course description (last updated 2023/24)
Corporate Finance
FIN5003
Current active course description (last updated 2023/24)
Corporate Finance
FIN5003
The course deals with contemporary issues in corporate finance theory and related empirics. The main objective is to provide an advanced background and deeper understanding in the mainstream issues of modern corporate finance, such as capital structure, corporate financial strategy, payout policy, corporate restructuring, corporate governance, and sustainable value creation. The course covers theoretical and legal issues, as well as empirical research and insights.
Topics covered in the course:
- Agency conflicts and endogeneity
- Capital structure
- Dividends and share repurchases
- Mergers and acquisitions
- Bankruptcy and financial distress
- Venture capital and private equity
- IPOs
- Corporate governance and family firms
- Sustainable value creation
The course is only open to students in the Master of Science in Business study programme.
Available for students admitted to the program MSc in Business.
Knowledge
The student:
- Has advanced knowledge in the field of corporate finance and governance, and specialized insights in the financing, investment and payout decisions.
- Has thorough knowledge of the main theories and empirical strategies used in the field.
- Can apply knowledge to new areas within the field of corporate finance.
- Can analyse academic problems on the basis of theoretical foundations of corporate finance.
Skills
The student:
- Can defend and/or argue against corporate decisions with structured and knowledgeable scholarly arguments.
- Can analyse and critically evaluate existing theories and methods used in corporate finance and governance.
- Can interpret advanced analyses and conclusions from academic articles within the corporate finance field.
- Can carry out an independent, limited research within the corporate finance field, and communicate the results of the analyses in a comprehensible manner.
General competence
The student:
- Can apply their knowledge and skills regarding issues in corporate finance to carry out advanced assignments, both individually and in groups.
- Is able to ask critical questions and reflect on crucial assumptions in theories and methods used within the field of corporate finance and governance.
- Can convey the information about academic issues, analyses and conclusions in the corporate finance field, both with specialists and general public.
- Can communicate, both in writing and orally, group and independent work in a comprehensive manner.
- Can analyse relevant academic, professional and research ethical problems.
- Can contribute to new innovative thinking in the field of corporate finance.
Paid semester fee and syllabus literature. It is also required that students have a laptop at their disposal.
Main profile, elective course
Lectures and seminars
The study programme is evaluated annually by students by way of course evaluation studies (mid-term evaluation and final evaluation). These evaluations are included in the university’s quality assurance system.
Composite assessment, grading rule Letter grades:
- Course requirement, counts 0/100 of the grade, grading rule Pass/ Fail.
- Course requirement, counts 0/100 of the grade, grading rule Pass/ Fail.
- Written school exam, 4 hours, counts 100/100 of the grade, grading rule Letter grades.
Bilingual dictionary and simple calculator
- Must fulfill the requirements for admission to the second semester of Master of Science in Business programme.