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Syllabus 2018-19 - 11312015 - Corporate Finance 1 (Finanzas corporativas I)

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  • Level 1: Tutorial support sessions, materials and exams in this language
  • Level 2: Tutorial support sessions, materials, exams and seminars in this language
  • Level 3: Tutorial support sessions, materials, exams, seminars and regular lectures in this language
DEGREE: Grado en Finanzas y contabilidad
FACULTY: FACULTY OF LAW AND SOCIAL SCIENCES

ACADEMIC YEAR: 2018-19
SYLLABUS
1. COURSE BASIC INFORMATION
NAME: Corporate Finance 1
CODE: 11312015 ACADEMIC YEAR: 2018-19
LANGUAGE: English LEVEL: 2
ECTS CREDITS: 6.0 YEAR: 3 SEMESTER: PC
 
2. LECTURER BASIC INFORMATION
NAME: PARRADO MARTINEZ, PURIFICACIÓN
DEPARTMENT: U137 - ECONOMÍA FINANCIERA Y CONTABILIDAD
FIELD OF STUDY: 230 - ECONOMÍA FINANCIERA Y CONTABILIDAD
OFFICE NO.: D3 - 137 E-MAIL: pparrado@ujaen.es P: 953212611
WEBSITE: -
LANGUAGE: - LEVEL: 2
 
3. CONTENT DESCRIPTION

PART I: COST OF FINANCING. TAX EFFECT.

Lesson 1: Liabilities valuation.
1.1 Introduction
1.2 Share capital
1.3 Reserves
1.4 Capital Government Grant.
1.5 Bonds and obligations.
1.6 Leasing.
1.7 Loans.
1.8 Discount (updating) rate.


PART II: LONG AND MEDIUM-TERM DECISION-MAKING PROCESS. INVESTMENTS.

Lesson 2: Productive assets valuation.
2.1 Introduction.
2.2 Initial outlay.
2.3 Operating activity net cash flows.
2.4 Residual value.

Lesson 3: Investment valuation. Incrementality.
3.1 Introduction.
3.2 Substitution investments.
3.3 Renovation investments.
3.4 Use of an old asset investments.

Lesson 4: Financial feasibility.
4.1 Introduction.
4.2 Calculation of financial feasibility.

PART III: CONSIDERATION OF RISK IN FINANCIAL DECISION-MAKING PROCESS.

Lesson 5: Economic risk in financial decision-making process
5.1 Introduction.
5.2 Estimation methods.
5.3 Statistical methods.
5.4 Decision-making under uncertainty.

4. COURSE DESCRIPTION AND TEACHING METHODOLOGY

In the content of this subject there is a theoretical content that will be explained in the theory classroom (whole group) and a practical content that will be explained in the computer classroom (reduced groups). Microsoft Excel will be used for the application of the practical content.

During the explanation of the theory, we will use a projector. In addition, several practical examples will be explained on the blackboard.We will motivate students for their participation by asking them questions in order to check their extent of understanding about the contents of the subject, as well as to motivate their critical attitude by creating debates.

Students with special educational needs should contact the Student Attention Service (Servicio de Atención y Ayudas al Estudiante) in order to receive the appropriate academic support

5. ASSESSMENT METHODOLOGY

The final mark consists of two different items:

  • Final exam (theory):  40%
  • Final exam (practice):  60%

The theory final exam will consist of a test exam. This part has a weight of 40% on the final mark.

The Practice final exam will consist of one or several practical exercises. This part has a weight of 60% on the final mark.

To pass the final exam, it will be necessary that, both in Theory and Practice, the student gets at least 30% of the punctuation. If this is not the case, the final mark will be a maximum of 4,00.

This assessment system will be the same in all the exams (Ordinary 1, Extraordinary 2 and Extraordinary 1 of the following academic year).

6. BOOKLIST
MAIN BOOKLIST:
  • Finance for managers. Edition: -. Author: Martínez Abascal, Eduardo. Publisher: London [etc.] : McGraw-Hill , 2012  (Library)
ADDITIONAL BOOKLIST:
  • Fundamentals of financial management. Edition: 13th ed. Author: Van Horne, James C.. Publisher: Harlow, England : Prentice-Hall , 2008  (Library)
  • Corporate finance. Edition: 3rd ed. Author: -. Publisher: Berkshire : McGraw Hill, cop. 2016  (Library)