wir837 - Advanced Corporate Finance (Complete module description)

wir837 - Advanced Corporate Finance (Complete module description)

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Module label Advanced Corporate Finance
Modulkürzel wir837
Credit points 6.0 KP
Workload 180 h
Institute directory Department of Business Administration, Economics and Law (Economics)
Verwendbarkeit des Moduls
  • Master of Education Programme (Vocational and Business Education) Economics and Business Administration (Master of Education) > Mastermodule
  • Master's programme Business Administration: Management and Law (Master) > Schwerpunktmodule AFT - BWL
  • Master's programme Business Administration: Management and Law (Master) > Schwerpunktmodule RdW - BWL
Zuständige Personen
  • Lehrenden, Die im Modul (Prüfungsberechtigt)
  • Prokop, Jörg (module responsibility)
Prerequisites
Skills to be acquired in this module
The course provides insights into the empirical analysis of firms’ financing and investment decisions. We discuss theoretical foundations of long-term financing, capital structure choice, cost of capital determination, capital market efficiency, and corporate takeover decisions as well as respective empirical findings. Moreover, you will learn how to build financial models, handle financial data, and conduct financial analyses using the statistical software R."
Module contents
The course covers key concepts of modern corporate finance in theory and practice. In particular, we focus on how investment and financing decisions affect the value of the firm. Among the topics discussed are: • Fundamental analysis and capital market efficiency. • Cost of debt and equity capital. • Business valuation models based on dividends, cash flows, and (abnormal) earnings. • Capital structure and dividend policy. • Advanced valuation issues.
Literaturempfehlungen
• Benninga: Financial Modeling, latest edition, Cambridge (Mass.) • Hillier / Ross / Westerfield / Jaffe / Jordan: Corporate Finance, European edition, latest edition, Berkshire • Penman: Financial Statement Analysis and Security Valuation, latest edition, Boston (Mass.) • Titman / Martin: Valuation, latest edition, Boston (Mass.) Further readings may be announced during the course.
Links
http://www.uni-oldenburg.de/en/fiwi_bbl/
Languages of instruction German, English
Duration (semesters) 1 Semester
Module frequency jährlich
Module capacity unlimited
Type of module Wahlpflicht / Elective
Teaching/Learning method 2 VL oder 1 VL und 1 U
Form of instruction Comment SWS Frequency Workload of compulsory attendance
Lecture (ggf. mit Übung) 4 -- 56
Exercises SoSe oder WiSe 0
Präsenzzeit Modul insgesamt 56 h
Examination Prüfungszeiten Type of examination
Final exam of module
typically at the end of the semester; potential mid-term examination dates will be announced in the first session
1 term paper (Hausarbeit) or 1 written exam (Klausur) or 1 oral exam (mündliche Prüfung) or 1 Portfolio