Course - Cases in International Finance - AE302216
Cases in International Finance
About
About the course
Course content
The Advanced Coprporate Finance course will have the following basic elements: Introduction to Financial Mathematics and classic investment analysis methods. The course will also give an short introduction to risk analysis, portfolio analysis, and the Capital Asset Pricing Model. Weighted average cost of capital, capital structure theory and dividend policy. Enterprise valuation. Foreign Direct Investmenst. Option Theory with basic pricing models: binomial model and Black & Scholes model. International Business Finance and risk management If time allows it the following will also be covered: Incentives, Information and Corporate Control and general risk management.
Learning outcome
The purpose of this course is to help students understand how to approach, solve and present business challenges/issues with an emphasis on corporate finance problems. Case analyses are intended to facilitate the application of business concepts and theories to real business situations. By solving cases, students sharpen analytical thinking and critical decision-making skills. Students also improve presentation skills through presenting analysis and recommendations. By building a strong linkage between theories and real business issues, students will be better prepared to face business issues later in their professional career. The topics of this course center on core concepts and analytical tools from Corporate Finance - profitability, capital structure, enterprise valuation, risk management. The cases used in this course have a strong Finance focus, but require analyzing problems cross-functionally (e.g. macro-/microeconomics, strategy, organization, etc.). Topics include:
- Introduction to issue analysis process
- Identifying key issues and alternatives
- Application of theoretical concepts and analytical tools from corporate finance
- Critical decision-making
- Creating recommendations to solve key issues
- Strategic and operational financial analysis of issues
- Developing implementation and contingency plans
- Oral presentation skills
KNOWLEDGE:
- Develop sound and comprehensive solutions to corporate finance challenges/issues.
SKILLS:
- Identify critical corporate finance issues.
- Analyze issues cross-functionally (i.e. marketing, micro/macro, strategy, organization etc.) and with the use of theoretical frameworks.
GENERAL COMPETENCE:
- Reflective decision-making in business management and finance
- Competently present to business management.
Learning methods and activities
TEACHING METHODS
- Lectures
- Practice sessions
- Case discussions and presentations (presentations are to be made using PowerPoint or similar). More detailed information concerning the case presentations will be provided at the start of the course.
COURSE REQUIREMENT:
Satisfactory presentation of up to 5 cases (see also "mappevurdering").
Further on evaluation
(the information may be changed until June 15th)
Examination: Portfolio assessment of up to 5 case studies (written and oral delivery) or similar assignments
The portfolio consists of up to five group presentations or similar assignments during the semester. More details regarding the portfolio will be given at the beginning of the semester. Students will have to pass all individual portfolio assignments in order to complete the course. Portfolio to be handed in initially via Canvas, later via Inspera at a specified date which will be announced later in the semester. The portfolio counts for 40% of the overall grade in the course and the oral examination for 60%.
Resit Examination:
- There will not be any resit examination for the portfolio assignment, only for the oral examination.
- If a student wishes to improve their grade in the course, they may retake the specific part they want to improve during the next ordinary examination period.
Recommended previous knowledge
Course AE201115 Corporate Finance or equivalent, and its requirements
Required previous knowledge
Completed 1st and 2nd year in Bachelor program in economics and administration at NTNU or equivalent programs/course portfolios nationally or internationally.
Course materials
Selected case studies
Hillier, Ross, Westerfield et al. : Corporate Finace, 4th European edition, McGraw-Hill
The Case Study Handbook: How to Read, Discuss, and Write Persuasively About Cases, Harvard Business Review Press (2007), ISBN: 978-1422101582, Author: William Ellet
Subject areas
- Financial Economics
- Economics and Administration