Corporate finance determines whether an investment project generates shareholder value (positive NPV) through forecasting future cash flows and discounting them.
Financial markets provide the necessary capital for companies to fund these projects, and understanding their mechanisms is crucial for effective financial management.
Exam
28.07.2026, 11:00 – 13:00
120-minute written exam (includes multiple choice).
Resources
- Moodle
- Formulas
- Corporate Finance Syllabus and Introduction Slides
- Financial Markets Introduction Slides
- Previous Exams
Details
Learning Objectives
- Apply performance indicators and evaluate investment opportunities.
- Create optimal capital structures (Modigliani-Miller with/without taxes).
- Analyze investment decision-making and create capital budget plans.
- Understand corporate finance theories and fundamental methods.
Assessment
- 120-minute written exam
- 100% multiple choice, approx. 50% require calculations, formula sheet provided
- All materials, exercises, guest lectures are relevant (though live exercises are optional).
- Analyze projects, capital structures, and financial instruments (bonds, stocks, options).
- Quizzes are not graded
- BYOD, behavior tracked
Content
- Financial Statement and Investment Analysis (NPV, actuarial return).
- Capital Budgeting and Free Cashflow determination.
- Cost of Capital and Capital Structure theories.
Methods
- Weekly lectures with interactive presentations and live polling.
- Small group exercises focused on quantitative case studies.
- Self-directed learning via a structured exercise catalog with solutions.
Corporate Finance
- Capital Allocation
- Financial Analysis
- Investment Analysis
- Capital Budgeting
- Cost of Capital
- Capital Structure
Financial Markets
Schedule
