- Docente: Sandro Sandri
- Credits: 10
- SSD: SECS-P/09
- Language: Italian
- Moduli: Massimiliano Barbi (Modulo 1) Sandro Sandri (Modulo 2)
- Teaching Mode: Traditional lectures (Modulo 1) Traditional lectures (Modulo 2)
- Campus: Bologna
- Corso: First cycle degree programme (L) in Business Administration (cod. 8871)
Learning outcomes
The aim of the course is to provide the tools to evaluate companies and industrial projects. The first part of the course is asset-side oriented and looks at how business strategy gives rise to financial needs and risk. The second part of the course is liability-side oriented and investigates for the optimal debt/equity ratio and the return for the investors. Overall, the course points out the relevant drivers for company valuation and allows the students to: - apply the main financial and relative methods of business valuation; - analyze the most frequently used financial instruments in business valuations; - understand the different business strategies and their impact on value.
Course contents
Discounting
- Financial analysis
- Financial planning
- Valuation of bonds and stocks
- Principles of portfolio management
- Capital asset pricing model
- Capital budgeting
- Equity financiang
- Dividend polcy
- Capital strucutre decisions
- Weighted average cost of capital and adjusted present value
Readings/Bibliography
R. A. Brealey, S. C. Myers, F. Allen, S. Sandri, Principles of corporate finance, McGraw Hil, 2018
Teaching methods
Lessons and case discussions
Assessment methods
Written exam whith multiple choices, exercizes and open questions
Teaching tools
Slides
Office hours
See the website of Sandro Sandri
See the website of Massimiliano Barbi
SDGs
This teaching activity contributes to the achievement of the Sustainable Development Goals of the UN 2030 Agenda.