Corporate Finance - JEM034
Title: Corporate Finance
Guaranteed by: Institute of Economic Studies (23-IES)
Faculty: Faculty of Social Sciences
Actual: from 2024
Semester: winter
E-Credits: 6
Examination process: winter s.:
Hours per week, examination: winter s.:2/2, Ex [HT]
Capacity: unlimited / unlimited (97)
Min. number of students: unlimited
4EU+: no
Virtual mobility / capacity: no
State of the course: taught
Language: English
Teaching methods: full-time
Note: course can be enrolled in outside the study plan
enabled for web enrollment
priority enrollment if the course is part of the study plan
Guarantor: doc. PhDr. Adam Geršl, Ph.D.
Teacher(s): Samuel Fiifi Eshun
doc. PhDr. Adam Geršl, Ph.D.
Ing. Richard Podpiera, Ph.D.
Ing. Kai Wang
Class: Courses for incoming students
Interchangeability : JEM187, JEM188, JEM189
Is incompatible with: JEM187, JEM188, JEM189
Is interchangeable with: JEM189, JEM187, JEM188
Examination dates   WS schedule   Noticeboard   
Files Comments Added by
download 2024 Syllabus Corporate Finance JEM034.pdf Ing. Richard Podpiera, Ph.D.
Annotation
This course introduces students to the key principles of corporate finance and their practical applications. It covers deeper insights into valuation of bonds and stocks, decision-making within corporations, the theory of capital structure and management, and related topics of payout and debt policies. In addition, the course covers basics of pricing derivative securities and managing risk from the corporate managers point of view.

The Moodle link for this course is https://dl1.cuni.cz/course/view.php?id=16475
Last update: Podpiera Richard, Ing., Ph.D. (15.09.2024)
Literature

 The main textbook for this course is: Brealey, R. A., Myers, S. C., & Allen, F. (2011) Principles of corporate finance - 10th edition. McGraw-Hill Education.

Last update: Podpiera Richard, Ing., Ph.D. (10.09.2024)
Teaching methods

Lectures and tutorials will run as a 3-hour block on Thursdays in Room 206 (Lectures 14:00-15:20, Tutorials 15:30-16:50). Course materials will be availabe at the Moodle site https://dl1.cuni.cz/course/view.php?id=16475 

Last update: Podpiera Richard, Ing., Ph.D. (15.09.2024)
Requirements to the exam

Grading is based on three components:


25% Problem sets (expected 4 home assignments, details to be specified later)

30% Midterm exam

45% Final exam

Last update: Podpiera Richard, Ing., Ph.D. (10.09.2024)
Syllabus

Main Topics Covered

1. Introduction + review of key Finance concepts: present value, valuation of bonds and stocks, investment criteria (chapters 1-5).

2. Making investment decisions and project analysis (chapters 6 and 10).

3. Investments, strategy, and economic rents (chapter 11).

4. Risk, return, and the cost of capital: CAPM and APT (chapters 7-9).

5. Efficient markets, corporate financing and how corporations issue securities (chapters 13-15).

6. Payout and debt policies (Modigliani and Miller propositions) and corporate borrowing (chapters 16-18).

7. Introduction to derivative securities: real options (chapters 20-22).

8. Managing risk: forwards and futures (chapter 26).

Last update: Podpiera Richard, Ing., Ph.D. (10.09.2024)
Registration requirements
The JEM034 Corporate Finance course will be again offered in WS 2024/2025
Last update: Geršl Adam, doc. PhDr., Ph.D. (08.08.2024)