Prof Daniel Ferreira OLD M2.17

This course is compulsory on the Executive Global MSc Management. This course is not available as an outside option.

The aim of the course is to provide a comprehensive overview of firms' financial decision making. The course is designed to provide an applied and practical approach to finance, enabling the students to address topical issues that modern corporations face.  In particular, the course builds on concepts in business strategy, valuation techniques, and capital structure theories, and applies those tools in a systematic and rigorous way to real-life financial management problems. After a brief introduction to financial management, the course focuses on corporate finance and business valuation. Topics such as mergers and acquisitions and initial public offerings will also be covered.

Taught during module three - 10 interactive lectures of 3 hours each:
1. Introduction to financial management
2. Debt and equity
3. Capital structure – Case discussion
4. Tax shields – Case discussion
5. Valuation - Discounted Cash Flow techniques
6. Capital markets and the pricing of risk
7. Valuation – Practical aspects
8. Sensitivity analysis – Case discussion
9. Mergers and Acquisitions
10. Initial public offerings

Feedback on class participation.

The recommended textbook for this course is Higgins, Analysis for Financial Management, 9th Edition and a pack of business case studies.

Class participation (15%).
Assessed 1,500 word group essay (20%).
Take home individual project (65%).