Prof Daniel Ferreira CON2.07

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

The information in this course guide pertains to the 2018-2020 cohort.

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 (1-13 April 2019):

1. Introduction to financial management

2. Debt and equity

3. Capital structure – Case discussion

4. Tax shields – Case discussion

5. Capital markets and the pricing of risk

6. Initial public offerings – Case Discussion

7. Valuation – Discounted Cash Flow techniques

8. Valuation – Practical aspects

9. Mergers and Acquisitions

10. Valuing companies – Case discussion

Feedback on class participation.

The recommended textbook for this course is Higgins, Analysis for Financial Management, 11th Edition and a pack of business case studies.

Essay (20%, 1500 words), project (65%) and class participation (15%).

The essay is an assessed 1,500 word group essay.

The project is a take-home individual project.