Финансовый менеджмент

Бакалавриат 2025/2026

Статус: Курс обязательный (Международная программа по бизнесу и экономике)

Кто читает: Департамент финансов

Где читается: Санкт-Петербургская школа экономики и менеджмента

Когда читается: 3-й курс, 3, 4 модуль

Охват аудитории: для своего кампуса

Преподаватели: Алексеева Ольга Владимировна, Афанасьев Владислав Викторович

Язык: английский

Кредиты: 6

Контактные часы: 64

Full Syllabus Ask Question

Abstract

This course will provide participants with an understanding of the techniques used to analyze major financial problems of modern company in market environment. We begin by reviewing the basic principles of financial management. Next we deepen our examination of discounted cashflow approach and move to risk and return analysis. Then, we look at investment analysis and foundation of investment decisions and its connection with the performance analysis. We will study basic models of valuation of corporate capital, including pricing models for primary financial assets, real assets valuation and investment projects analysis, capital structure and various types of corporate capital employed, derivative assets and contingent claims on assets. We will deal with evaluating different management decisions and its influence on corporate performance and value. The course requires the knowledge in micro and macroeconomics, accounting, theory of finance, financial management. The course is based on lectures, seminars and self-study.

Learning Objectives

ability to understand the methods and techniques used in the financial analysis;
ability to set up tasks and find the correct and useful analytical tool for financial and investment analysis, business evaluation to solve the task
skills of using techniques of financial, investment analysis . business evaluation approach in the area of managing the company's activities in order to increase its efficiency
ability to use the corporate finance tools, financial , investment analysis, evaluation approach for a variety of purposes

Expected Learning Outcomes

Use techniques of financial analysis in the area of managing the company's activities in order to increase its efficiency
understand the methods and techniques used in the financial analysis
set up tasks and find the correct and useful analytical tool for financial and investment analysis, business evaluation to solve the task
use techniques of financial, investment analysis . business evaluation approach in the area of managing the company's activities in order to increase its efficiency
use the corporate finance tools, financial , investment analysis, evaluation approach for a variety of purposes
interpret the financial information about the enterprise performance.
use the investment, financial analysis tools, business evaluation approach for a variety of purposes
set up tasks and find the correct and useful analytical tool for project analysis , for business evaluation

Course Contents

Introduction to Financial Management. Fundamentals and main principles of financial management
Financial reporting. Financial Analysis
Fundamentals of investment analysis and making investment decisions
Taxes
Fundamentals of managing the capital structure Theory and Practice
Fundamentals of business evaluation
Strategic corporate deals
Debt Policy
Payout policy
Options

Assessment Elements

Lecture Quizzes
Tests on every lecture from lecture 2 to lecture 16. Tests consist of 1-2 questions based on the topics of the lecture which they are taking place on. The questions are based on a specific chapters of the main textbook. The students will know which chapters to read in advance. Only those students who attend the lecture from the beginning can receive marks for the quizz. It is not allowed to come and participate in a quiz for those who have not attended the whole lecture. The quizz can take place in the beginning, in the middle or in the end of the lecture.
Workshop Quizzes
Tests on every workshop. Tests consist of 1-2 questions based on the topics of the workshop which they are taking place on. The questions are based on a specific chapters of the main textbook. The students will know which chapters to read in advance. Only those students who attend the workshop from the beginning can receive marks for the quizz. It is not allowed to participate in a quiz for those who have not attended the whole workshop. The quizz can take place in the beginning, in the middle or in the end of the workshop.
Midterm
Set of problems to solve. May be multiple choice questions or open-ended numerical questions. Duration - 40 min. Proctoring system is used. Not allowed to use own devices, only the computer provided. in the computer class.
Project
The students are asked to perform business valuation for a firm of their choice. Group work (groups of max 4 people)
Exam
Set of problems to solve. May be multiple choice questions or open-ended numerical questions. Duration - 60 min. Proctoring system is used. Not allowed to use own devices, only the computer provided. in the computer class.

Interim Assessment

2025/2026 4th module
0.3 * Exam + 0.15 * Lecture Quizzes + 0.2 * Midterm + 0.2 * Project + 0.15 * Workshop Quizzes

Bibliography

Recommended Core Bibliography

Brealey, R. A., & Allen, F. (2015). Principles of corporate finance. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsbas&AN=edsbas.BEEE7487
Brealey, R. A., & Myers, S. C. (2012). Principles of corporate finance. Slovenia, Europe: Irwin. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsbas&AN=edsbas.CC4D54D7
Principles of corporate finance, Brealey, R. A., 2016
Principles of corporate finance, Brealey, R. A., 2020
Richard Brealey, Stewart Myers, & Franklin Allen. (2020). ISE EBook Online Access for Principles of Corporate Finance: Vol. Thirteenth edition. McGraw-Hill Education.

Recommended Additional Bibliography

Applied corporate finance, Damodaran, A., 2015
Aswath Damodaran. (2016). Damodaran on Valuation : Security Analysis for Investment and Corporate Finance. Wiley.
Corporate finance: theory and practice, Damodaran, A., 2001
Damodaran, A. (2012). Investment Valuation : Tools and Techniques for Determining the Value of Any Asset (Vol. 3rd ed). Hoboken, New Jersey: Wiley. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsebk&AN=442924
Damodaran, A. (2015). Applied Corporate Finance (Vol. Fourth edition). Hoboken, New Jersey: Wiley. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsebk&AN=1639191
Narrative and numbers: the value of stories in business, Damodaran, A., 2017
Sherman, E. H. (2015). A Manager’s Guide to Financial Analysis : Powerful Tools for Analyzing the Numbers and Making the Best Decisions for Your Business: Vol. Sixth edition. AMA Self-Study.
Казакова, Н. А. Financial analysis: collection of case studies: Учебное пособие / Казакова Н.А., Дун И.Р., Бобкова М.П. - Москва :НИЦ ИНФРА-М, 2018. - 54 с.ISBN 978-5-16-106744-4. - Текст : электронный. - URL: https://znanium.com/catalog/product/972205

Authors

SOLOVEVA EKATERINA EVGENEVNA
Afanasev Vladislav Viktorovich

Course Syllabus