30366 - FINANCE (MODULE II) - CORPORATE FINANCE
Course taught in English
Go to class group/s: 24
- The value of a firm - financial instruments, valuation concepts and decision rules.
- Risk and return - theory, empirical evidence and applications to capital budgeting.
- Financing decisions and market efficiency.
- Payout policy, capital structure and valuation.
- Finance and the financial manager.
- Valuing bonds and common stocks.
- NPV and investment decisions.
- Risk, return and the opportunity cost of capital.
- Capital budgeting and risk.
- Efficient markets and behavioural finance.
- Payout policy, debt policy and capital structure.
- Financing and valuation.
- Two written exams (partial and final exam, 70%);
- Homework assignments (group case studies and individual assignments, 30%). The homework assignments have the main goal of helping to master the course material. They also offer opportunities to collect extra points for the total course grade. To make this as easy as possible, all homework assignments are handed out online and handed in online.
Results of the partial exam and homework assignments expire after the first retake of the final exam. The specific dates are announced in class.
Financial Mathematics, Accounting, and Financial Markets and Institutions are prerequisites for Bocconi students. For exchange students, having taken similar courses is advised. You should have reasonable knowledge of basics in financial mathematics such as the time value of money, annuities and perpetuities; basics in statistics such as probabilities, variances/covariances and ordinary least squares; basics in accounting such as being able to read information contained in balance sheets, income statements, cash flow statements.