Academic Year/course:
2017/18
449 - Degree in Finance and Accounting
27524 - Financing Decisions
Syllabus Information
Academic Year:
2017/18
Subject:
27524 - Financing Decisions
Faculty / School:
109 - Facultad de Economía y Empresa
Degree:
449 - Degree in Finance and Accounting
ECTS:
6.0
Year:
3
Semester:
First semester
Subject Type:
Compulsory
Module:
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5.1. Methodological overview
The learning process of this subject is designed as follows:
The subject includes theoretical and practical sessions. The theoretical sessions will also include individual and group exercises similar to real cases of study. The sessions use a participatory approach.
The exercises will be sent to the students before the practical session in order to be worked and solved previously by the students under the supervision of the professor.
Complementary activities of the matter may include small and large group and individual exercises that may have a potential effect on the evaluation of the student.
5.2. Learning tasks
Theoretical lectures
Practical sessions
Question and answers demonstrations
Tutorials
Formal examinations
5.3. Syllabus
PART I. FINANCING THE FIRM
Financial management
Debt financing
Equity financing
PART II. VALUING ASSETS AND CAPITAL STRUCTURE
Valuing financial assets
Valuing real assets
Capital structure. Evaluation of projects
PART III. RELEVANCE OF CAPITAL STRUCTURE
Modigliani-Miller theorem
Debt rate and leverage
PART IV. MERGERS AND ACQUISITIONS
The information conveyed by financial decisions
Mergers and acquisitions
5.4. Course planning and calendar
The academic calendar will be published in the website of the Faculty of Business and Economics. The learning activities will be published in the website (Moodle) of the subject and will be previously presented by the professor.
5.5. Bibliography and recommended resources
[BB: Bibliografía básica / BC: Bibliografía complementaria]
- [BB] Grinblatt, Mark.. Mercados financieros y estrategia empresarial / Mark Grinblatt, Sheridan Titman ; coordinación y revisión técnica Prosper Lamothe Fernández ; traductores, Guillermo Fernández-Cuartero Paramio, Ignacio Pérez Maino, Christian Guarin Pulecio . 2 ed. Madrid [etc.] : McGraw-Hill, D.L. 2010
- [BB] Ross, Stephen A.. Finanzas corporativas / Stephen A. Ross, Randolph W. Westerfield, Jeffrey Jaffe ; revisión técnica, Mario Gónzalez Valdés ... [et al.] . 9ª ed. México D.F. [etc.] : McGraw-Hill, [2012]