Finance [ECGEB383]

Learning outcomes

This course aims to introduce the concepts of finance and their links between the world of the real economy and the financial sphere. The course is designed to help students understand the role of the financial manager in its globality: corporate financing, shareholder remuneration, financial analysis, risk control, project selection, management of operating liabilities and assets, etc. At the end of the course, the student will have a global view of corporate and market finance. All theoretical elements will be put into context in order to solve financial problems.

Objectives

The objectives of the course are as follows: • Understand and carry out a financial analysis of a company; • Valuing an asset, a company or a project; • Establish an informed diagnosis of the value of a company; • Determine the optimal financing structure for a company; • Understand the general functioning of financial markets and the securities traded on them; • Be aware of the concepts related to sustainable finance; • Understand in detail current issues in the light of the financial concepts seen in the course.

Content

The course is divided into two main parts: Corporate finance: • Chapter 2: Balance Sheet and Income Statement Analysis • Chapter 3: Ratio Analysis and Financial Analysis • Chapter 4: Forecast Accounts • Chapter 5: Levers • Chapter 6: Working Capital Requirements and Links to Financing • Chapter 7: Operating Asset Management • Chapter 8: Operating Liability Management and Financing • Chapter 9: Value of Time • Chapter 10: Valuations • Chapter 11: Cost of Capital • Chap. 12: Evaluation and Project Selection Market Finance: • Chapter 13: Risk and Portfolio Management • Chapter 14: Financial Markets • Chap. 15: Investment Banking • Chapter 16: LT Financing and Bonds • Chapter 17: Dividend Payment Policy • Chapter 18: Environmental and Climate Issues • Chap. 19: Introduction to Cryptocurrencies