Objectives
We start with an introduction to corporate governance. Then, in the capital budgeting approach, we understand how cash flows are generated by an investment and how to use the appropriate measure of cost of capital to discount these cash flows. We also estimate the role of debt on the capital structure of a firm and therefore its influence on the cost of capital. Working capital management forms the last topics we focus on.
The course is composed of 18 hours divided in 6 sessions of 3 hours.
Textbook
SchweserNotes
Level I Book 4
Corporate Finance, Portfolio Management and Equity Investments
We start with an introduction to corporate governance. Then, in the capital budgeting approach, we understand how cash flows are generated by an investment and how to use the appropriate measure of cost of capital to discount these cash flows. We also estimate the role of debt on the capital structure of a firm and therefore its influence on the cost of capital. Working capital management forms the last topics we focus on.
The course is composed of 18 hours divided in 6 sessions of 3 hours.
Textbook
SchweserNotes
Level I Book 4
Corporate Finance, Portfolio Management and Equity Investments
- Professor: Sebastien Dereeper
- Professor: Jean-Yves Filbien