Corporate Finance II (GF2-E)

Área

AC Gestão > UC Obrigatórias

Activa nos planos curriculares

Economics > Economics > 1º Ciclo > Unidades Curriculares Optativas > Corporate Finance II

Management > Management > 1º Ciclo > Unidades Curriculares Obrigatórias > Corporate Finance II

Nível

1º Ciclo (L)

Tipo

Estruturante

Regime

Semestral

Carga Horária

Aula Teórica (T): 2.0 h/semana

Aula Prática (PL): 2.0 h/semana

Trabalho Autónomo: 108.0 h/semestre

Créditos ECTS: 6.0

Objectivos

This course develops the tools previously seen in Financial Statement Analysis, with the main objective of understanding the financial decisions made by firms.
The course covers the fundamental concepts and tools of the modern theory of Finance that are required to analyse corporate financial decisions.
After a revision of basic concepts, the course will address the Financing Decision (choice of Debt and Equity Capital), and the Payout Decision (whether to distribute or retain earnings, and how), the use of Derivatives in Corporate Finance and the Investment Decision Under Uncertainty (Capital Budgeting Under Uncertainty) using Real Options Concepts.
The teaching approach combines lectures (with the presentation of the theory and examples of the main concepts) with classes (in which practical problems are discussed).
By the end of the semester students should be familiar with the determinants of the financial decisions of corporations, understand how these decisions are made and be p

Programa

1.Introduction to Corporate Finance and Financial Markets
2.Corporate Financial Decisions and Market Efficiency
3.Payout Policy
4.The Capital Structure Decision
5.Financing and Valuation: Dividend Discount Model, Weighted Cost of Capital Method, Capital Cash Flow & Adjusted Present Value Models
6.Financial Options
7.Real Options
8.Credit Risk and the Value of Corporate Debt
9.Leasing.

Metodologia de avaliação

.Mid-Term Test (20% of final grade)
.Quizzes (15% of final grade)
.Group Work Assignment (25% of final grade)
.Final Exam (40% of final grade), with a minimum grade of 8.0/20.

Bibliografia

Principal