Syllabus overview (public)

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Programme Master in Management
Academic Year Academic Year 2019/2020
Module/course Code FF01
Delivery location Paris, London, Berlin, Madrid
Language English
Course type Core courses
Contact hours 30
ECTS 5
Level 5 (year post baccalaureate)
Semester Fall
Module name Corporate Finance
Field (Discipline) Finance
Academic Department Finance

Outline


Module/course Summary

This module
complements the tools and techniques covered in the “Fundamentals of Finance” module
with more a conceptual analysis of risk and return in different contexts. It
will give students the necessary background to follow any of the more advanced

finance electives.
Content to be covered within the module:

1.  Risk and profitability in financial markets

·  Review of fundamental concepts
·  Return on investment calculation
·  How to quantify risk
·  Aversion to risk
·  Risk premium
·  Portfolio leverage
·  Diversification
·  Capital Market Line

·  Beta
·  CAPM
·  Market efficiency

2.Investment decisions and corporate funding

·  Investment choice under risk constraints
· Cost of equity· Cost of capital

· Cost of capital and financial structure
· Contribution of Modigliani and Miller
· Equity funding
· Debt funding

· The value of a corporation
3.    The basics of Financial Derivatives and Risk Management
· Forwards and Futures
· Options




Pre-requisite

Fundamentals of Finance.