Syllabus overview (public)

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Programme Master in Management
Academic Year Academic Year 2022/2023
Module/course Code FF05
Delivery location Paris
Language English
Course type Prerequisite courses
Contact hours 15
Level 5 (year post baccalaureate)
Semester Fall
Module name FUNDAMENTALS OF CORPORATE FINANCE
Field (Discipline) Finance
Academic Department Finance

Outline


Module/course Summary

This course is designed to provide students with the fundamental theoretical knowledge and practical tools of corporate finance. The purpose is to equip future managers and leaders with a framework that allows them to maximize the value
of a business in a sustainable and responsible way
.

The course provides a comprehensive approach of the “value creation” process using the most recent theoretical concepts as well as the most practical and modern tools of finance.

It particularly emphasizes the importance of understanding the complexity of financial decision making in the contemporary business environment and how crucial is for managers to go beyond the numbers and models. The class will be a permanent invitation to question financial concepts and understand their limitations.

The course is organized around two main questions: (i) how to analyze the financial performance of a company? (ii) how to value an investment opportunity and a business?

The first part is devoted to a short introduction to the firm’s financial statements and the most popular financial ratios as a tool to decision making. It aims at preparing students to analyze the financial health and the performance of a business. (This part is intended also to prepare students to the advanced course ‘Financial Analyst’).

The second part provides the fundamental tools of valuation of an investment opportunity, including an introduction to the Time Value of Money and the NPV principle. It prepares students to make business decisions with a value
creation mindset
.

This course is an indispensable pre-requisite for the Finance course in Master 1 and all other finance electives.

Pre-requisite

Good knowledge of the financial statements and accounting basics
-

No prior familiarity with finance is required