TIØ4145 - Corporate Finance

About

Examination arrangement

Examination arrangement: Written examination
Grade: Letters

Evaluation form Weighting Duration Examination aids Grade deviation
Written examination 100/100 4 hours D

Course content

The course discusses elements from the theory of finance and applies them to the analysis of operational and financial decision making problems. Topics include portfolio theory and investment analysis, bond pricing, modern asset pricing models for financial and real assets (CAPM, APT), an advanced analysis of the risk premium in discounting (interaction between the investment and financing decision), option pricing models, and modern theories of financial contracting (agency theory). The course also covers capital structure descisions and dividend policy.

Learning outcome

The course position and function in the study program:

The course is a mandatory 4th year course for students specializing in finance at the department of industrial economics and technology management. The course is mandatory for master students in financial economics.

The course objective/targets is to:
Knowledge on how to value financial assets (bonds, stocks, derivatives). Knowledge on how to value companies and real assets. Gain insights on how the company choose capitalstructure and dividend policy.

The course will give the following skills:
The course gives a deep understanding on various valuation methods from modern financal theory. The students will use this knowledge in solving practical managerial decision problems involving investment and financing issues.

Other objectives with the course:
Through exercises, the students will adapt insight in various parts of the curriculum using real data and spreadsheet modelling.

The candidates will through a mid-semester task gain training in how to value a company, construct sensitivity analysis. Through guestlectures, students will also revial how various parts of the course are implemented in practice.

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Learning methods and activities

Lectures and exercises. The course will be taught in English. If there is a re-sit examination, the examination form may change from written to oral.

Compulsory assignments

  • Exercises
  • Term report

Specific conditions

Exam registration requires that class registration is approved in the same semester. Compulsory activities from previous semester may be approved by the department.

Course materials

Given at course start.

Credit reductions

Course code Reduction From To
BBOA3010 3.7 2017-09-01
SIS1022 7.5
SIS1022 7.5
TIØ4146 3.7 2008-09-01

Examination

Examination arrangement: Written examination

Term Statuskode Evaluation form Weighting Examination aids Date Time Room *
Autumn ORD Written examination 100/100 D 2014-12-03 09:00 D2 , E6 , H3 Datalab 524 (Fraggle) , Møterom 8 , Møterom 1B
Summer KONT Written examination 100/100 D 2015-08-10 09:00 KJL1
  • * The location (room) for a written examination is published 3 days before examination date.
If more than one room is listed, you will find your room at Studentweb.