Бакалавриат
2026/2027
Финансовый менеджмент
Статус:
Курс обязательный (Международный бизнес)
Кто читает:
Департамент финансового менеджмента
Где читается:
Высшая школа бизнеса
Когда читается:
2-й курс, 3 модуль
Охват аудитории:
для своего кампуса
Язык:
английский
Кредиты:
4
Контактные часы:
48
Course Syllabus
Abstract
The course covers the current financial environment, basic concepts of financial management and the logic of investment and financial decision-making at the corporate level, principles of managing cash flows of an organization with a view to maximizing the market value of the business. Special attention is paid to the development of practical skills to develop a financial model for an investment project and to assess its economic effectiveness in the context of risks and uncertainties.
Learning Objectives
- Formation of complex and systemic knowledge in the field of corporate finance and acquisition of skills for informed investment decisions of projects of development and implementation of digital innovation technologies.
Expected Learning Outcomes
- Know key concepts of financial management in practice
- Understand and apply calculations of main financial and market ratios
- Able to calculate the value of an asset based on its cash flows
- Make financial calculations based on the time value of money
- Allocate and calculate the company's cash flows
- Calculate the cost of capital for various elements: credit, bonds, shares, as well as the weighted average cost of capital
- Form investment portfolio based on various assets
- Know an optimal capital structure
- Know how to plan operating net working capital
- Evaluate the effectiveness of investments in real assets based on key.
Course Contents
- Topic 1 – Introduction to financial management.
- Topic 2. Cash flows – the basis of financial calculations
- Topic 3. Working capital management
- Topic 4. Real assets Investments
- Topic 5. Bonds as a tool for debt financing.
- Topic 6. Shares as an equity financing source
- Topic 7. Companies’ Capital Structure
- Topic 8. Settlements with the owners. The company's dividend policy and value
Assessment Elements
- Written Assignment 1Format: offline, on the Start Exam platform or Smart Lms in HSE computer classes or in a written form Description: Intermediate testing, assessing students' understanding of the subjects completed, includes open and closed questions, calculation tasks
- Written Assignment 2Format: offline, on the Start Exam platform or Smart Lms in HSE computer classes or in a written form Description: Intermediate testing, assessing students' understanding of the subjects completed, includes open and closed questions, calculation tasks
- AttendanceAttendance control is carried out by recording students’ presence at each lecture and seminar session. The grade is assigned based on a progressive scale of discipline requirements. The maximum score (10) is awarded only when there are no missed classes. Student presence is counted ONLY if all conditions are met: 1. Timeliness: The student enters the classroom no later than 10 minutes after the start. Lateness >10 minutes = absence. 2. Completeness: The student is present until the end of the class. 3. Engagement: The student actively participates in the seminar, does not engage in extraneous activities and does not use gadgets (unless provided for by the format). Academic Honesty: In case of falsified attendance confirmation, the grade for the “Attendance” element is set to 0.1 points. Attendance is recorded by the instructor (including through the use of technical means for reading student IDs). The student is required to have their student ID to confirm presence.
- ExamFormat: offline, on the Start Exam platform or Smart Lms in HSE computer classes or in a written form Description: Intermediate testing, assessing students' understanding of the subjects completed,
Interim Assessment
- 2026/2027 3rd module0.2 * Written Assignment 2 + 0.4 * Exam + 0.2 * Written Assignment 1 + 0.2 * Attendance
Bibliography
Recommended Core Bibliography
- 9781265652463 - Richard A. Brealey, Stewart C. Myers, Franklin Allen et al - Principles of Corporate Finance, 14th ed. - 2022 - McGraw-Hills - https://search.ebscohost.com/login.aspx?direct=true&db=nlebk&AN=3242150 - nlebk - 3242150
- Berk, J. B., & DeMarzo, P. M. (2017). Corporate Finance: The Core, Global Edition: Vol. Fourth edition. Pearson.
Recommended Additional Bibliography
- Corporate finance, Ross, S. A., 2019