Corporate Finance and Risk ManagementLaajuus (5 cr)
Code: YHYYA310
Credits
5 op
Teaching language
- English
Responsible person
- Shabnamjit Hundal, Diploma in IBM
Objective
At the end of this course students should be able to:
- comprehend cost of capital by incorporating relevant benchmarks and risk profiles of firms
- appraise asset valuation
- analyse investment and financing strategies of firms
- justify financing choices in the light of taxation and bankruptcy costs
- assess multiple dynamics of managerial incentives and motivations, and their effects on firm value
- synthesise various aspects of mergers and acquisitions (M&As)
- understanding and application of financial technology (FINTECH)
- compare and use different financial derivative instruments in order to do corporate risk management.
You are expected to acquire the following competencies in this course:
Learning to learn
• You recognize your strengths and needs for learning.
• You make use of learning methods and tools that support your learning best.
• You seek, acquire, and critically assess information from reliable sources.
Proactive development
• You identify development areas by anticipating the future of your field.
• You apply existing knowledge and utilize appropriate research methods in development projects.
• You develop the ability to think out of the box and challenge the limits to come up with creative and innovative solutions.
IBM competence:
Sustainable global business management
• You critically review and understand core concepts of global business management and sustainability from multidisciplinary perspectives of marketing, sales, strategy, finance, and management.
• You apply disciplinary and interdisciplinary knowledge to analyze global business challenges and propose sustainable business solutions to grow new ventures in global markets.
Content
Assets valuation, Capital Structure and Corporate Strategy, Impact of taxes on Financing Choice, Dividend policy & Share Repurchases; Bankruptcy Costs and Debt Holder-Equity Holder Conflicts; Managerial Incentives and Financial Decisions, M&As, Corporate Strategy, Risk Management, and FINTECH. Corporate risk management, quantitative financial analysis, investment analysis, corporate finance, firm leverage and cost of capital, international finance, accounting information analysis, corporate valuation, investment appraisal, strategic management accounting, financial forecasting, sustainable finance, wealth management, behavioral finance, financial technology (FINTECH), financial scandals, executive remuneration financial institutions and markets etc.
Qualifications
Bachelor degree in business or economics or equivalent.
Assessment criteria, satisfactory (1)
Sufficient (1):
You have demonstrated a basic level of knowledge, skills, applications in all the three competences: Learning to learn, Proactive development and Sustainable global business management.
Satisfactory (2):
You have demonstrated an intermediate level of knowledge, skills, applications in one and basic level in the remaining two competences out of a total three competences: Learning to learn, Proactive development and Sustainable global business management.
Assessment criteria, good (3)
Good (3):
You have demonstrated an excellent level of knowledge, skills, applications in one and intermediate level in the remaining two competences out of a total three competences: Learning to learn, Proactive development and Sustainable global business management.
Very good (4):
You have demonstrated an excellent level of knowledge, skills, applications in two and intermediate level in the remaining competence out of a total three competences: Learning to learn, Proactive development and Sustainable global business management.
Assessment criteria, excellent (5)
You have demonstrated an excellent level of knowledge, skills, applications in all the three competences: Learning to learn, Proactive development and Sustainable global business management.
Materials
Lecture slides, case studies, spreadsheets, textbooks, research articles, videos, assignments, online resources etc. Please check learning platform on regular basis.
Main text book options
-Richard A. Brealey, Stewart C. Myers and Franklin Allen, Principles of Corporate Finance, 13th Edition (2019). The McGraw-Hill.
- Stephen Ross and Randolph Westerfield and Jeffrey Jaffe and Bradford Jordan, Corporate Finance, 12th Edition (2018). The McGraw-Hill.
- Jonathan Berk and Peter DeMarzo, Corporate Finance, 5th Edition (2020). Pearson.
Other books
-Mark Grinblatt and Sheridan Titman, Financial Markets & Corporate Strategy,
- Glen Arnold, Corporate Financial Management
- Stephen Lofthouse, Investment Management
- Jeff Madura, International Financial Management
-Or any other text on introductory Financial Management
On-line sources
• https://www.youtube.com/channel/UCeZf5FUwF9LrvdnjXhiCGKQ/videos
The above channel is run by the lecturer himself.
• https://www.investing.com
• https://uk.finance.yahoo.com
• https://finance.yahoo.com
• http://www.nasdaqomxnordic.com
• http://www.worldbank.org
• http://www.oecd.org
• https://www.bloomberg.com
• https://www.reuters.com
• https://www.bbc.com
• http://ssrn.com
Further information
Furthermore, you will understand the dynamics of the global business environment through the extensive and intensive training of concepts, skills, and techniques applied in the field of sustainable finance. You will also explore the fundamentals issues of finance and dynamics related to the financing of sustainable new ventures, investment planning, and financing decisions based on financial analysis.
You will explore issues related to financial stability and sustainability by incorporating multiple risk factors and dynamic institutional settings and corporate environment. Promoting moral and ethical mindset and conduct to ascertain and disclose true and unbiased financial health of the companies are the strategic concepts, among others, that you will learn to understand and apply in the financial decision-making process. You will also study safeguarding interests of different stakeholders in an unbiased manner to promote the corporate value system, which is humane, fair and equitable.
Communicating the inferences made and interpretations drawn based on the financial data analysis responsibly, effectively and professionally in English, including in written reports, presentations, formal correspondence, and on social media are some of the key aspects that you will learn in this course. You will get several opportunities to participate enthusiastically in inter- and multicultural settings, demonstrate team building and leadership skills, and implement conflict resolution skills in numerous situations.
Timing
10.02.2025 - 19.05.2025
Number of ECTS credits allocated
5 op
Mode of delivery
Face-to-face
Unit
School of Business
Campus
Main Campus
Teaching languages
- English
Seats
0 - 50
Teachers
- Shabnamjit Hundal
Groups
-
YBB25VKNBachelor’s degree in Business Administration, EM Normandie (virtual), Spring 2025
-
HKV25KDIBMPost-Graduate Diploma in International Business Management
-
HKV24SDIBMPost-Graduate Diploma in International Business Management
Objective
At the end of this course students should be able to:
- comprehend cost of capital by incorporating relevant benchmarks and risk profiles of firms
- appraise asset valuation
- analyse investment and financing strategies of firms
- justify financing choices in the light of taxation and bankruptcy costs
- assess multiple dynamics of managerial incentives and motivations, and their effects on firm value
- synthesise various aspects of mergers and acquisitions (M&As)
- understanding and application of financial technology (FINTECH)
- compare and use different financial derivative instruments in order to do corporate risk management.
You are expected to acquire the following competencies in this course:
Learning to learn
• You recognize your strengths and needs for learning.
• You make use of learning methods and tools that support your learning best.
• You seek, acquire, and critically assess information from reliable sources.
Proactive development
• You identify development areas by anticipating the future of your field.
• You apply existing knowledge and utilize appropriate research methods in development projects.
• You develop the ability to think out of the box and challenge the limits to come up with creative and innovative solutions.
IBM competence:
Sustainable global business management
• You critically review and understand core concepts of global business management and sustainability from multidisciplinary perspectives of marketing, sales, strategy, finance, and management.
• You apply disciplinary and interdisciplinary knowledge to analyze global business challenges and propose sustainable business solutions to grow new ventures in global markets.
Content
Assets valuation, Capital Structure and Corporate Strategy, Impact of taxes on Financing Choice, Dividend policy & Share Repurchases; Bankruptcy Costs and Debt Holder-Equity Holder Conflicts; Managerial Incentives and Financial Decisions, M&As, Corporate Strategy, Risk Management, and FINTECH. Corporate risk management, quantitative financial analysis, investment analysis, corporate finance, firm leverage and cost of capital, international finance, accounting information analysis, corporate valuation, investment appraisal, strategic management accounting, financial forecasting, sustainable finance, wealth management, behavioral finance, financial technology (FINTECH), financial scandals, executive remuneration financial institutions and markets etc.
Location and time
The course is organized in spring. This is an in-classroom course. Attendance is mandatory. Unauthorized absences exceeding two can lead to removal from the course.
Oppimateriaali ja suositeltava kirjallisuus
Lecture slides, case studies, spreadsheets, textbooks, research articles, videos, assignments, online resources etc. Please check learning platform on regular basis.
Main text book options
-Richard A. Brealey, Stewart C. Myers and Franklin Allen, Principles of Corporate Finance, 13th Edition (2019). The McGraw-Hill.
- Stephen Ross and Randolph Westerfield and Jeffrey Jaffe and Bradford Jordan, Corporate Finance, 12th Edition (2018). The McGraw-Hill.
- Jonathan Berk and Peter DeMarzo, Corporate Finance, 5th Edition (2020). Pearson.
Other books
-Mark Grinblatt and Sheridan Titman, Financial Markets & Corporate Strategy,
- Glen Arnold, Corporate Financial Management
- Stephen Lofthouse, Investment Management
- Jeff Madura, International Financial Management
-Or any other text on introductory Financial Management
On-line sources
• https://www.youtube.com/channel/UCeZf5FUwF9LrvdnjXhiCGKQ/videos
The above channel is run by the lecturer himself.
• https://www.investing.com
• https://uk.finance.yahoo.com
• https://finance.yahoo.com
• http://www.nasdaqomxnordic.com
• http://www.worldbank.org
• http://www.oecd.org
• https://www.bloomberg.com
• https://www.reuters.com
• https://www.bbc.com
• http://ssrn.com
Teaching methods
The primary modes of delivery are face-to-face learning (lectures, workshops, presentations), and occasional distance learning (e.g. online lectures and presentations).
Exam schedules
Both group and individual assignments are required.
International connections
There are possibilities of having collaborations with other universities in Finland and abroad with respect to joint research, and corporate projects.
Vaihtoehtoiset suoritustavat
Accreditation (replacement and inclusion)
Recognition of informal learning
Studification
Further instructions can be found in the Degree Regulations and in the Bachelor's Degree study guide.
Student workload
You will be required to required to invest 135 hours approximately.
Evaluation scale
0-5
Arviointikriteerit, tyydyttävä (1-2)
Sufficient (1):
You have demonstrated a basic level of knowledge, skills, applications in all the three competences: Learning to learn, Proactive development and Sustainable global business management.
Satisfactory (2):
You have demonstrated an intermediate level of knowledge, skills, applications in one and basic level in the remaining two competences out of a total three competences: Learning to learn, Proactive development and Sustainable global business management.
Arviointikriteerit, hyvä (3-4)
Good (3):
You have demonstrated an excellent level of knowledge, skills, applications in one and intermediate level in the remaining two competences out of a total three competences: Learning to learn, Proactive development and Sustainable global business management.
Very good (4):
You have demonstrated an excellent level of knowledge, skills, applications in two and intermediate level in the remaining competence out of a total three competences: Learning to learn, Proactive development and Sustainable global business management.
Assessment criteria, excellent (5)
You have demonstrated an excellent level of knowledge, skills, applications in all the three competences: Learning to learn, Proactive development and Sustainable global business management.
Qualifications
Bachelor degree in business or economics or equivalent.
Further information
Furthermore, you will understand the dynamics of the global business environment through the extensive and intensive training of concepts, skills, and techniques applied in the field of sustainable finance. You will also explore the fundamentals issues of finance and dynamics related to the financing of sustainable new ventures, investment planning, and financing decisions based on financial analysis.
You will explore issues related to financial stability and sustainability by incorporating multiple risk factors and dynamic institutional settings and corporate environment. Promoting moral and ethical mindset and conduct to ascertain and disclose true and unbiased financial health of the companies are the strategic concepts, among others, that you will learn to understand and apply in the financial decision-making process. You will also study safeguarding interests of different stakeholders in an unbiased manner to promote the corporate value system, which is humane, fair and equitable.
Communicating the inferences made and interpretations drawn based on the financial data analysis responsibly, effectively and professionally in English, including in written reports, presentations, formal correspondence, and on social media are some of the key aspects that you will learn in this course. You will get several opportunities to participate enthusiastically in inter- and multicultural settings, demonstrate team building and leadership skills, and implement conflict resolution skills in numerous situations.
Enrollment
01.02.2024 - 11.02.2024
Timing
12.02.2024 - 20.05.2024
Number of ECTS credits allocated
5 op
Mode of delivery
Face-to-face
Unit
School of Business
Campus
Main Campus
Teaching languages
- English
Seats
0 - 50
Teachers
- Shabnamjit Hundal
- Tatyana Kauppinen
Groups
-
HKV24KDIBMPost-Graduate Diploma in International Business Management
-
YBB24VKNMaster’s degree in Business Administration, EM Normandie, Spring 2024
-
YBB24VKMaster's Degree Programme in International Business, vaihto-opiskelu/Exchange studies
-
HKV23SDIBMPost-Graduate Diploma in International Business Management
Objective
At the end of this course students should be able to:
- comprehend cost of capital by incorporating relevant benchmarks and risk profiles of firms
- appraise asset valuation
- analyse investment and financing strategies of firms
- justify financing choices in the light of taxation and bankruptcy costs
- assess multiple dynamics of managerial incentives and motivations, and their effects on firm value
- synthesise various aspects of mergers and acquisitions (M&As)
- understanding and application of financial technology (FINTECH)
- compare and use different financial derivative instruments in order to do corporate risk management.
You are expected to acquire the following competencies in this course:
Learning to learn
• You recognize your strengths and needs for learning.
• You make use of learning methods and tools that support your learning best.
• You seek, acquire, and critically assess information from reliable sources.
Proactive development
• You identify development areas by anticipating the future of your field.
• You apply existing knowledge and utilize appropriate research methods in development projects.
• You develop the ability to think out of the box and challenge the limits to come up with creative and innovative solutions.
IBM competence:
Sustainable global business management
• You critically review and understand core concepts of global business management and sustainability from multidisciplinary perspectives of marketing, sales, strategy, finance, and management.
• You apply disciplinary and interdisciplinary knowledge to analyze global business challenges and propose sustainable business solutions to grow new ventures in global markets.
Content
Assets valuation, Capital Structure and Corporate Strategy, Impact of taxes on Financing Choice, Dividend policy & Share Repurchases; Bankruptcy Costs and Debt Holder-Equity Holder Conflicts; Managerial Incentives and Financial Decisions, M&As, Corporate Strategy, Risk Management, and FINTECH. Corporate risk management, quantitative financial analysis, investment analysis, corporate finance, firm leverage and cost of capital, international finance, accounting information analysis, corporate valuation, investment appraisal, strategic management accounting, financial forecasting, sustainable finance, wealth management, behavioral finance, financial technology (FINTECH), financial scandals, executive remuneration financial institutions and markets etc.
Further information
Diploma in IBM groups: HKV24KDIBM, HKV23SDIBM
Exchange YBB24VK: 5 places
EM Normandie YBB24VKN: 8 places
Evaluation scale
0-5
Arviointikriteerit, tyydyttävä (1-2)
Sufficient (1):
You have demonstrated a basic level of knowledge, skills, applications in all the three competences: Learning to learn, Proactive development and Sustainable global business management.
Satisfactory (2):
You have demonstrated an intermediate level of knowledge, skills, applications in one and basic level in the remaining two competences out of a total three competences: Learning to learn, Proactive development and Sustainable global business management.
Arviointikriteerit, hyvä (3-4)
Good (3):
You have demonstrated an excellent level of knowledge, skills, applications in one and intermediate level in the remaining two competences out of a total three competences: Learning to learn, Proactive development and Sustainable global business management.
Very good (4):
You have demonstrated an excellent level of knowledge, skills, applications in two and intermediate level in the remaining competence out of a total three competences: Learning to learn, Proactive development and Sustainable global business management.
Assessment criteria, excellent (5)
You have demonstrated an excellent level of knowledge, skills, applications in all the three competences: Learning to learn, Proactive development and Sustainable global business management.
Qualifications
Bachelor degree in business or economics or equivalent.
Further information
Furthermore, you will understand the dynamics of the global business environment through the extensive and intensive training of concepts, skills, and techniques applied in the field of sustainable finance. You will also explore the fundamentals issues of finance and dynamics related to the financing of sustainable new ventures, investment planning, and financing decisions based on financial analysis.
You will explore issues related to financial stability and sustainability by incorporating multiple risk factors and dynamic institutional settings and corporate environment. Promoting moral and ethical mindset and conduct to ascertain and disclose true and unbiased financial health of the companies are the strategic concepts, among others, that you will learn to understand and apply in the financial decision-making process. You will also study safeguarding interests of different stakeholders in an unbiased manner to promote the corporate value system, which is humane, fair and equitable.
Communicating the inferences made and interpretations drawn based on the financial data analysis responsibly, effectively and professionally in English, including in written reports, presentations, formal correspondence, and on social media are some of the key aspects that you will learn in this course. You will get several opportunities to participate enthusiastically in inter- and multicultural settings, demonstrate team building and leadership skills, and implement conflict resolution skills in numerous situations.
Timing
06.03.2023 - 26.05.2023
Number of ECTS credits allocated
5 op
Mode of delivery
Face-to-face
Unit
School of Business
Campus
Main Campus
Teaching languages
- English
Seats
5 - 50
Degree programmes
- Diploma in International Business Management
Teachers
- Stefan Petrov
- Shabnamjit Hundal
- Tatyana Kauppinen
- Sehar Imran
Groups
-
HKV23KDIBMDiploma in International Business Management
Objective
At the end of this course students should be able to:
- comprehend cost of capital by incorporating relevant benchmarks and risk profiles of firms
- appraise asset valuation
- analyse investment and financing strategies of firms
- justify financing choices in the light of taxation and bankruptcy costs
- assess multiple dynamics of managerial incentives and motivations, and their effects on firm value
- synthesise various aspects of mergers and acquisitions (M&As)
- understanding and application of financial technology (FINTECH)
- compare and use different financial derivative instruments in order to do corporate risk management.
You are expected to acquire the following competencies in this course:
Learning to learn
• You recognize your strengths and needs for learning.
• You make use of learning methods and tools that support your learning best.
• You seek, acquire, and critically assess information from reliable sources.
Proactive development
• You identify development areas by anticipating the future of your field.
• You apply existing knowledge and utilize appropriate research methods in development projects.
• You develop the ability to think out of the box and challenge the limits to come up with creative and innovative solutions.
IBM competence:
Sustainable global business management
• You critically review and understand core concepts of global business management and sustainability from multidisciplinary perspectives of marketing, sales, strategy, finance, and management.
• You apply disciplinary and interdisciplinary knowledge to analyze global business challenges and propose sustainable business solutions to grow new ventures in global markets.
Content
Assets valuation, Capital Structure and Corporate Strategy, Impact of taxes on Financing Choice, Dividend policy & Share Repurchases; Bankruptcy Costs and Debt Holder-Equity Holder Conflicts; Managerial Incentives and Financial Decisions, M&As, Corporate Strategy, Risk Management, and FINTECH. Corporate risk management, quantitative financial analysis, investment analysis, corporate finance, firm leverage and cost of capital, international finance, accounting information analysis, corporate valuation, investment appraisal, strategic management accounting, financial forecasting, sustainable finance, wealth management, behavioral finance, financial technology (FINTECH), financial scandals, executive remuneration financial institutions and markets etc.
Location and time
March to June (Spring semester)
Oppimateriaali ja suositeltava kirjallisuus
Brealey, R.A., Myers, S.C., & Allen, F. Principles of Corporate Finance, 10th Edition.
Grinblatt, M. & Titman, S. 2001. Financial Markets and Corporate Strategy. 2nd edition, McGraw Hill.
Shapiro, A. 2006. Multinational Financial Management, 8th Edition, J. Wiley & Sons.
Madura, J. 2000. International Financial Management, 10th edition, South-Western College Publishing (A division of International Thomson Publishing Inc.)
Recommended research articles
Lecture notes, recorded lectures and exercises.
http://www.economist.com/
http://www.ssrn.com/en/
http://www.reuters.com/
https://www.investing.com/
http://uk.finance.yahoo.com/
http://europe.wsj.com/home-page
Teaching methods
In-classroom teaching, online teaching, recorded videos, and self-study.
The attendance of the students in the classroom in mandatory.
Exam schedules
There will be an exam carrying 40% of total credits and assignments carrying 60% of total credits.
International connections
There is a possibility of participation in the international projects.
Student workload
Lectures 27 h
Assignments 54 h
Independent study 54 h
Total 135h ( one credit equals 27 hours of student work)
Further information
Open UAS 3
Evaluation scale
0-5
Arviointikriteerit, tyydyttävä (1-2)
Sufficient (1):
You have demonstrated a basic level of knowledge, skills, applications in all the three competences: Learning to learn, Proactive development and Sustainable global business management.
Satisfactory (2):
You have demonstrated an intermediate level of knowledge, skills, applications in one and basic level in the remaining two competences out of a total three competences: Learning to learn, Proactive development and Sustainable global business management.
Arviointikriteerit, hyvä (3-4)
Good (3):
You have demonstrated an excellent level of knowledge, skills, applications in one and intermediate level in the remaining two competences out of a total three competences: Learning to learn, Proactive development and Sustainable global business management.
Very good (4):
You have demonstrated an excellent level of knowledge, skills, applications in two and intermediate level in the remaining competence out of a total three competences: Learning to learn, Proactive development and Sustainable global business management.
Assessment criteria, excellent (5)
You have demonstrated an excellent level of knowledge, skills, applications in all the three competences: Learning to learn, Proactive development and Sustainable global business management.
Qualifications
Bachelor degree in business or economics or equivalent.
Further information
Furthermore, you will understand the dynamics of the global business environment through the extensive and intensive training of concepts, skills, and techniques applied in the field of sustainable finance. You will also explore the fundamentals issues of finance and dynamics related to the financing of sustainable new ventures, investment planning, and financing decisions based on financial analysis.
You will explore issues related to financial stability and sustainability by incorporating multiple risk factors and dynamic institutional settings and corporate environment. Promoting moral and ethical mindset and conduct to ascertain and disclose true and unbiased financial health of the companies are the strategic concepts, among others, that you will learn to understand and apply in the financial decision-making process. You will also study safeguarding interests of different stakeholders in an unbiased manner to promote the corporate value system, which is humane, fair and equitable.
Communicating the inferences made and interpretations drawn based on the financial data analysis responsibly, effectively and professionally in English, including in written reports, presentations, formal correspondence, and on social media are some of the key aspects that you will learn in this course. You will get several opportunities to participate enthusiastically in inter- and multicultural settings, demonstrate team building and leadership skills, and implement conflict resolution skills in numerous situations.
Enrollment
06.02.2023 - 12.02.2023
Timing
13.02.2023 - 12.05.2023
Number of ECTS credits allocated
5 op
Mode of delivery
Face-to-face
Unit
School of Business
Campus
Main Campus
Teaching languages
- English
Seats
5 - 80
Degree programmes
- Diploma in International Business Management
Teachers
- Shabnamjit Hundal
- Stefan Petrov
- Tatyana Kauppinen
- Sehar Imran
Groups
-
YBB23VKNMaster’s Degree in International Business Management, EM Normandie, (Master’s)
-
HKV22SDIBM1Diploma in International Business Management
-
HKV22SDIBM2Diploma in International Business Management
-
YBB23VKMaster's Degree Programme in International Business, vaihto-opiskelu/Exchange studies
Objective
At the end of this course students should be able to:
- comprehend cost of capital by incorporating relevant benchmarks and risk profiles of firms
- appraise asset valuation
- analyse investment and financing strategies of firms
- justify financing choices in the light of taxation and bankruptcy costs
- assess multiple dynamics of managerial incentives and motivations, and their effects on firm value
- synthesise various aspects of mergers and acquisitions (M&As)
- understanding and application of financial technology (FINTECH)
- compare and use different financial derivative instruments in order to do corporate risk management.
You are expected to acquire the following competencies in this course:
Learning to learn
• You recognize your strengths and needs for learning.
• You make use of learning methods and tools that support your learning best.
• You seek, acquire, and critically assess information from reliable sources.
Proactive development
• You identify development areas by anticipating the future of your field.
• You apply existing knowledge and utilize appropriate research methods in development projects.
• You develop the ability to think out of the box and challenge the limits to come up with creative and innovative solutions.
IBM competence:
Sustainable global business management
• You critically review and understand core concepts of global business management and sustainability from multidisciplinary perspectives of marketing, sales, strategy, finance, and management.
• You apply disciplinary and interdisciplinary knowledge to analyze global business challenges and propose sustainable business solutions to grow new ventures in global markets.
Content
Assets valuation, Capital Structure and Corporate Strategy, Impact of taxes on Financing Choice, Dividend policy & Share Repurchases; Bankruptcy Costs and Debt Holder-Equity Holder Conflicts; Managerial Incentives and Financial Decisions, M&As, Corporate Strategy, Risk Management, and FINTECH. Corporate risk management, quantitative financial analysis, investment analysis, corporate finance, firm leverage and cost of capital, international finance, accounting information analysis, corporate valuation, investment appraisal, strategic management accounting, financial forecasting, sustainable finance, wealth management, behavioral finance, financial technology (FINTECH), financial scandals, executive remuneration financial institutions and markets etc.
Location and time
March to June (Spring semester)
Oppimateriaali ja suositeltava kirjallisuus
Brealey, R.A., Myers, S.C., & Allen, F. Principles of Corporate Finance, 10th Edition.
Grinblatt, M. & Titman, S. 2001. Financial Markets and Corporate Strategy. 2nd edition, McGraw Hill.
Shapiro, A. 2006. Multinational Financial Management, 8th Edition, J. Wiley & Sons.
Madura, J. 2000. International Financial Management, 10th edition, South-Western College Publishing (A division of International Thomson Publishing Inc.)
Recommended research articles
Lecture notes, recorded lectures and exercises.
http://www.economist.com/
http://www.ssrn.com/en/
http://www.reuters.com/
https://www.investing.com/
http://uk.finance.yahoo.com/
http://europe.wsj.com/home-page
Teaching methods
In-classroom teaching, recorded videos, and self-study.
The attendance of the students in the classroom in mandatory.
Exam schedules
There will be an exam carrying 40% of total credits and assignments carrying 60% of total credits.
International connections
There is a possibility of participation in the international projects.
Student workload
Lectures 27 h
Assignments 54 h
Independent study 54 h
Total 135h ( one credit equals 27 hours of student work)
Further information
Open UAS: 3
Diploma in IBM: 55
EM Normandie: 14
Exchange and Degree students: 8
Evaluation scale
0-5
Arviointikriteerit, tyydyttävä (1-2)
Sufficient (1):
You have demonstrated a basic level of knowledge, skills, applications in all the three competences: Learning to learn, Proactive development and Sustainable global business management.
Satisfactory (2):
You have demonstrated an intermediate level of knowledge, skills, applications in one and basic level in the remaining two competences out of a total three competences: Learning to learn, Proactive development and Sustainable global business management.
Arviointikriteerit, hyvä (3-4)
Good (3):
You have demonstrated an excellent level of knowledge, skills, applications in one and intermediate level in the remaining two competences out of a total three competences: Learning to learn, Proactive development and Sustainable global business management.
Very good (4):
You have demonstrated an excellent level of knowledge, skills, applications in two and intermediate level in the remaining competence out of a total three competences: Learning to learn, Proactive development and Sustainable global business management.
Assessment criteria, excellent (5)
You have demonstrated an excellent level of knowledge, skills, applications in all the three competences: Learning to learn, Proactive development and Sustainable global business management.
Qualifications
Bachelor degree in business or economics or equivalent.
Further information
Furthermore, you will understand the dynamics of the global business environment through the extensive and intensive training of concepts, skills, and techniques applied in the field of sustainable finance. You will also explore the fundamentals issues of finance and dynamics related to the financing of sustainable new ventures, investment planning, and financing decisions based on financial analysis.
You will explore issues related to financial stability and sustainability by incorporating multiple risk factors and dynamic institutional settings and corporate environment. Promoting moral and ethical mindset and conduct to ascertain and disclose true and unbiased financial health of the companies are the strategic concepts, among others, that you will learn to understand and apply in the financial decision-making process. You will also study safeguarding interests of different stakeholders in an unbiased manner to promote the corporate value system, which is humane, fair and equitable.
Communicating the inferences made and interpretations drawn based on the financial data analysis responsibly, effectively and professionally in English, including in written reports, presentations, formal correspondence, and on social media are some of the key aspects that you will learn in this course. You will get several opportunities to participate enthusiastically in inter- and multicultural settings, demonstrate team building and leadership skills, and implement conflict resolution skills in numerous situations.
Enrollment
07.02.2022 - 28.02.2022
Timing
07.03.2022 - 27.05.2022
Number of ECTS credits allocated
5 op
Virtual portion
2 op
Mode of delivery
60 % Face-to-face, 40 % Online learning
Unit
School of Business
Campus
Main Campus
Teaching languages
- English
Seats
5 - 40
Teachers
- Stefan Petrov
- Shabnamjit Hundal
- Tatyana Kauppinen
- Sehar Imran
Groups
-
YBB22VKMaster's Degree Programme in International Business, vaihto-opiskelu/Exchange studies
-
YBB22VKNMaster’s Degree in International Business Management, EM Normandie
-
HKV22KDIBM1Diploma in International Business Management
-
HKV22KDIBM2Diploma in International Business Management
-
ZJA22KHAvoin AMK, lita
Objective
At the end of this course students should be able to:
- comprehend cost of capital by incorporating relevant benchmarks and risk profiles of firms
- appraise asset valuation
- analyse investment and financing strategies of firms
- justify financing choices in the light of taxation and bankruptcy costs
- assess multiple dynamics of managerial incentives and motivations, and their effects on firm value
- synthesise various aspects of mergers and acquisitions (M&As)
- understanding and application of financial technology (FINTECH)
- compare and use different financial derivative instruments in order to do corporate risk management.
You are expected to acquire the following competencies in this course:
Learning to learn
• You recognize your strengths and needs for learning.
• You make use of learning methods and tools that support your learning best.
• You seek, acquire, and critically assess information from reliable sources.
Proactive development
• You identify development areas by anticipating the future of your field.
• You apply existing knowledge and utilize appropriate research methods in development projects.
• You develop the ability to think out of the box and challenge the limits to come up with creative and innovative solutions.
IBM competence:
Sustainable global business management
• You critically review and understand core concepts of global business management and sustainability from multidisciplinary perspectives of marketing, sales, strategy, finance, and management.
• You apply disciplinary and interdisciplinary knowledge to analyze global business challenges and propose sustainable business solutions to grow new ventures in global markets.
Content
Assets valuation, Capital Structure and Corporate Strategy, Impact of taxes on Financing Choice, Dividend policy & Share Repurchases; Bankruptcy Costs and Debt Holder-Equity Holder Conflicts; Managerial Incentives and Financial Decisions, M&As, Corporate Strategy, Risk Management, and FINTECH. Corporate risk management, quantitative financial analysis, investment analysis, corporate finance, firm leverage and cost of capital, international finance, accounting information analysis, corporate valuation, investment appraisal, strategic management accounting, financial forecasting, sustainable finance, wealth management, behavioral finance, financial technology (FINTECH), financial scandals, executive remuneration financial institutions and markets etc.
Oppimateriaali ja suositeltava kirjallisuus
Brealey, R.A., Myers, S.C., & Allen, F. Principles of Corporate Finance, 10th Edition.
Grinblatt, M. & Titman, S. 2001. Financial Markets and Corporate Strategy. 2nd edition, McGraw Hill.
Shapiro, A. 2006. Multinational Financial Management, 8th Edition, J. Wiley & Sons.
Madura, J. 2000. International Financial Management, 10th edition, South-Western College Publishing (A division of International Thomson Publishing Inc.)
Recommended research articles
Lecture notes, recorded lectures and exercises.
http://www.economist.com/
http://www.ssrn.com/en/
http://www.reuters.com/
https://www.investing.com/
http://uk.finance.yahoo.com/
http://europe.wsj.com/home-page
http://courses.wallstreetsurvivor.com/invest-smarter/
http://www.fintech.finance/
Teaching methods
In-classroom teaching, online teaching, recorded videos, and self-study
Exam schedules
There will be an exam carrying 40% of total credits and assignments carrying 60% of total credits.
International connections
There is a possibility of participation in the international projects.
Student workload
Lectures 27 h
Assignments 54 h
Independent study 54 h
Total 135h ( one credit equals 27 hours of student work)
Further information
Open UAS 3
Evaluation scale
0-5
Arviointikriteerit, tyydyttävä (1-2)
Sufficient (1):
You have demonstrated a basic level of knowledge, skills, applications in all the three competences: Learning to learn, Proactive development and Sustainable global business management.
Satisfactory (2):
You have demonstrated an intermediate level of knowledge, skills, applications in one and basic level in the remaining two competences out of a total three competences: Learning to learn, Proactive development and Sustainable global business management.
Arviointikriteerit, hyvä (3-4)
Good (3):
You have demonstrated an excellent level of knowledge, skills, applications in one and intermediate level in the remaining two competences out of a total three competences: Learning to learn, Proactive development and Sustainable global business management.
Very good (4):
You have demonstrated an excellent level of knowledge, skills, applications in two and intermediate level in the remaining competence out of a total three competences: Learning to learn, Proactive development and Sustainable global business management.
Assessment criteria, excellent (5)
You have demonstrated an excellent level of knowledge, skills, applications in all the three competences: Learning to learn, Proactive development and Sustainable global business management.
Qualifications
Bachelor degree in business or economics or equivalent.
Further information
Furthermore, you will understand the dynamics of the global business environment through the extensive and intensive training of concepts, skills, and techniques applied in the field of sustainable finance. You will also explore the fundamentals issues of finance and dynamics related to the financing of sustainable new ventures, investment planning, and financing decisions based on financial analysis.
You will explore issues related to financial stability and sustainability by incorporating multiple risk factors and dynamic institutional settings and corporate environment. Promoting moral and ethical mindset and conduct to ascertain and disclose true and unbiased financial health of the companies are the strategic concepts, among others, that you will learn to understand and apply in the financial decision-making process. You will also study safeguarding interests of different stakeholders in an unbiased manner to promote the corporate value system, which is humane, fair and equitable.
Communicating the inferences made and interpretations drawn based on the financial data analysis responsibly, effectively and professionally in English, including in written reports, presentations, formal correspondence, and on social media are some of the key aspects that you will learn in this course. You will get several opportunities to participate enthusiastically in inter- and multicultural settings, demonstrate team building and leadership skills, and implement conflict resolution skills in numerous situations.