FINANCIAL REPORTING AND ADVANCED CORPORATE FINANCE - 2

Academic year

2021/2022 Syllabus of previous years

Official course title

FINANCIAL REPORTING AND ADVANCED CORPORATE FINANCE - 2

Course code

EM2085 (AF:358804 AR:188318)

Modality

On campus classes

ECTS credits

6 out of 12 of FINANCIAL REPORTING AND ADVANCED CORPORATE FINANCE

Degree level

Master's Degree Programme (DM270)

Educational sector code

SECS-P/09

Period

2nd Term

Course year

1

Where

VENEZIA

Moodle

Go to Moodle page

Contribution of the course to the overall degree programme goals

The second part of this course focuses on the key concepts of corporate finance. We will discuss the principles that guide risk valuations, the cost of capital, firm valuation, capital structure decisions, dividend policies and ESG considerations within the new legal framework brought forward in Italy and the EU.

Expected learning outcomes

After the conclusion of this course, the student should be able to conduct and comprehend the dynamics underlying risk valuations and how those are incorporated in the cost of capital, firm valuation, capital structure decisions, dividend policy choices and ESG intergrations. Furthermore, they should be in possession of the tools needed to follow through relative valuation processes and analyze schemes adopted by firms.

Pre-requirements

Basic knowledge of business administration and accounting will enhance the student's understanding and help better keep up with lectures.

Contents

1. The role of corporate finance
2. Corporate valuation
3. The M&A world - evaluating strategic context, synergies and control premium
4. Cost of capital
5. IPOs and delisting decisions
6. Capital stricture decisions
7. Dividend policies
8. Risk, materiality and firm value based on ESG considerations

Referral texts

Financial Reporting and Advanced Corporate Finance, 2021, McGraw-Hill Customized Publishing.

Assessment methods

The course will wrap with a written exam on which the student's overall valuation will be based. The written exam will include both multiple choice and open-end questions, which can be of a theoretical and/or quantitative (exercises) nature.

Teaching methods

- In class lectures
- Exercises and case studies (prepared by the instructor)
- Slides (prepared by the instructor)
- Book suggested for the course

Teaching language

English

Type of exam

written

2030 Agenda for Sustainable Development Goals

This subject deals with topics related to the macro-area "Climate change and energy" and contributes to the achievement of one or more goals of U. N. Agenda for Sustainable Development

Definitive programme.

Last update of the programme: 01/11/2021