Value Based Management

2023/2024

Учебный год

ENG

Обучение ведется на английском языке

3

Кредиты

Кто читает:

Департамент финансового менеджмента

Статус:

Курс обязательный

Когда читается:

1-й курс, 4 модуль

Преподаватель

Соболев Владимир Владимирович

Course Syllabus

Abstract

The key aim of the course is to provide students with knowledge and skills in taking corporate financial and investment decisions, develop analytic instruments to assess the effectiveness and efficiency of such decisions, elaborate models of corporate financial management through their impact on the company valuation. This course is intended to provide necessary knowledge and basic skills in evaluating financing and investment decisions and their influence on corporate performance and value. We will talk on how business analytics provides sufficient support for organisational changes through M&A and divestitures.

Learning Objectives

• This course focuses on modern theoretical and applied fields of corporation decision making in the sphere of finance. In particular capital structure optimization, payout and investment policy, financial architecture and corporate governance.

Expected Learning Outcomes

• Students are able to apply modern models for the analysis of capital structure, dividend policy, the financial architecture of the company, financial corporate control and corporate governance; to reveal the fundamental factors affecting corporate financial and investment decisions; to evaluate the efficiency of investment projects of different types.
• Students have skills in analysis of the corporate capital structure; calculating the need for external financing of the corporation; estimation of elements of capital; investment decision-taking; business valuation.

Course Contents

• Capital Structure
• Financial and Real Options
• Mergers and Acquisitions

Assessment Elements

• Classwork and home assignment
• Home assignment
• Examination

Interim Assessment

• 2023/2024 4th module
  0.3 * Classwork and home assignment + 0.4 * Examination + 0.3 * Home assignment

Bibliography

Recommended Core Bibliography

• Berk, J. B., & DeMarzo, P. M. (2017). Corporate Finance: The Core, Global Edition: Vol. Fourth edition. Pearson.

Recommended Additional Bibliography

• Richard Brealey, Stewart Myers, & Franklin Allen. (2020). ISE EBook Online Access for Principles of Corporate Finance: Vol. Thirteenth edition. McGraw-Hill Education.