On completion of the course the student should be able to:

- understand corporate finance from a cash flow perspective
- describe the theoretical concepts of perfect market, the Law Of One price and noarbitrage opportunity

- perform different valuation calculations based on cash flows
- apply and compare various alternative ways of using and raising capital

- judge and evaluate ethics and incentives within corporations

• Different firm types and ownership
• Concept of time value of money
• Interest rates
• Valuation methods
• Introduction to capital budgeting
• Risk and return
• Short- and long-run financial planning including leasing
• Corporate governance and regulation

The teaching consists of lectures, seminars and exercises performed individually and in groups.

A learning management system is used.

Students who have been admitted to and registered for a course have the right to receive instruction/supervision for the duration of the time period specified for the particular course instance to which they were accepted. After that, the right to receive instruction/supervision expires.

Undervisningen bedrivs på engelska.

General entry requirements and completed courses Introduction to Organisations, 4.5 credits, Financial Accounting, 7.5 credits, and Budgeting and Human Resource Accounting, 7.5 credits, or the equivalent. English proficiency is required. Exemption is granted from the requirement in Swedish.

Kursen bedöms med betygen A, B, C, D, E, FX eller F.

The grades A, B, C, D and E are all passing grades. For courses with more than one element of examination, students are given a final grade based on an overall assessment of all the elements included in the course. The final grade of the course is issued only when all elements of examination have been passed.

The examination is based on the intended learning outcomes.

The course is examined through one individual written examination and one written group assignment.

The examination must allow for students to be assessed on an individual basis. Further information concerning assessment of specific intended learning outcomes and grading criteria is provided at the beginning of the course.

Students are guaranteed a minimum of three attempts to pass an examination, including the regular attempt.

If a student has failed the same examination three times, the student can request that the next attempt be graded by a new examiner. The decision to accept or reject such a request is made by the associate dean of education. A student may not make a second attempt at any examination already passed in order to receive a higher grade.

In case a course is terminated or significantly altered, examination according to the earlier syllabus shall be offered on at least two occasions in the course of one year after the termination/alteration.

Examinationsmoment	Omfattning	Betyg
Individuell skriftlig tentamen	6 hp	A/B/C/D/E/FX/F
Skriftlig inlämningsuppgift i grupp	1,5 hp	U/G

The instruction is followed up throughout the course. A course evaluation is conducted at the end of the course. A summary and comments are published in the learning management system. The evaluation constitutes a basis for future improvements to the course.

Berk, Jonathan., DeMarzo, Peter., Corporate Finance. Pearson International Ed., latest edition. 1144 p.

Please note that changes may be made to the reading list up until one month before the start of the course.


Citing Sources – How to Create Literature References
http://ju.se/library/search--write/citing-sources---how-to-create-literature-references.html

The Interactive Anti-Plagiarism Guide – Jönköping University
Information about plagiarism at higher education institutions
Available in the learning management system