Financial Markets and Management (1 º Sem 2020/2021)
Linhas Programáticas
1. Financial Markets
a. Money markets, stock markets, bond markets, currency markets, derivatives markets. b. Non-conventional markets: cryptocurrencies, fintechs and blockchain.
2. Financial Decision Making
a. Fundamentals: time value of Money, financial options, game theory. b. The Investment Decison: from the time value of money to NPV.
c. The Financing Decision: from Modigliani-Miller to the Trade-off and Pecking Order Theories. i. DCF Valuation Models: WACC, APV, FTE.
ii. DDM Valuation Models.
iii. Relative Valuation Models.
iv. Debt valuation Models: from Merton to strategic behavior.
d. The Payout Decision: Payout versus Retention, Dividends versus Repurchases.
3. Sustainable Finance and ESG Criteria:
a. Ethics and Sustainable Finance in the 21C. b. Environmental Criteria.
c. Social Criteria.
d. Governance Criteria.
a. Money markets, stock markets, bond markets, currency markets, derivatives markets. b. Non-conventional markets: cryptocurrencies, fintechs and blockchain.
2. Financial Decision Making
a. Fundamentals: time value of Money, financial options, game theory. b. The Investment Decison: from the time value of money to NPV.
c. The Financing Decision: from Modigliani-Miller to the Trade-off and Pecking Order Theories. i. DCF Valuation Models: WACC, APV, FTE.
ii. DDM Valuation Models.
iii. Relative Valuation Models.
iv. Debt valuation Models: from Merton to strategic behavior.
d. The Payout Decision: Payout versus Retention, Dividends versus Repurchases.
3. Sustainable Finance and ESG Criteria:
a. Ethics and Sustainable Finance in the 21C. b. Environmental Criteria.
c. Social Criteria.
d. Governance Criteria.