Finance and Investments
Full course description
Ever wondered how to grow your wealth through smart investments? Join this course to unlock the secrets of successful investment management. Explore cutting-edge theories and practical strategies tailored for today's dynamic global markets. Gain the skills to navigate complex challenges such as financial crises, geopolitical shifts, and trade tensions. Let's embark on a journey to financial empowerment together. Corporate finance deals with the investment and finance decisions made by the management of companies in the pursuit of profit maximization. A company can finance its investments by means of borrowing money from banks, by issuing bonds and/or through the stock market. The course explores aspects of corporate finance, examining how companies interact with the financial markets and how managers’ decisions affect the value of their company’s shares, bonds, etc. These types of decisions influence the expected return and risk of the company. The course gives a broad overview of important issues in corporate finance and combines insights from economics, business, and psychology. The economic side of corporate finance deals with the maximization of shareholder wealth. To this end managers aim at securing the greatest possible return in exchange for accepting the smallest amount of risk. The course is largely based on real life cases that we discuss in an interactive manner. To conclude, the goal of this course is to develop financial skills for making corporate and personal investment and financing decisions. Topics include discounted cash flow and other valuation techniques; risk and return; capital asset pricing model; corporate capital structure and financial policy; capital budgeting; and other exotic investment vehicles like cryptocurrencies, stock options, etc.
Course objectives
- To understand how to invest
- To understand and apply the basic valuation tools
- To analyse financial articles published in newspapers like Financial Times, the Wall Street Journal, Bloomberg, and the Economist
- To be aware of the main developments in the world of finance and the financial markets, i.e. fintech, sustainable investments and cryptocurrencies
- To think logically and analytically, apply mathematical techniques to a variety of problems, and critically evaluate these techniques by means of discussing real-life cases
Recommended reading
Berk & De Marzo, Corporate Finance, Pearson Prentice Hall