mgehc1312  2018-2019  Charleroi

6 credits
30.0 h + 10.0 h
Q2
Language
French
Prerequisites
- GEHD1321 ' Accounting and financial analysis
- QAHD1325 ' Management Mathematics
Main themes
- The law of one price
- The time value of money
- Interest rates
- Debt and loans
- Financial statement analysis
- Investment decision rules
- Fundamentals of capital budgeting
- Bond valuation
- Stock valuation
- Risk-return relationship
- Diversification
- Portfolio theory & CAPM
- The cost of capital
- Valuation and financial modeling for investment projects
Aims

At the end of this learning unit, the student is able to :

1

- Understand and master the basics of financial
management
- Apply valuation technics to standard financial operations
- Understand the fundamentals of capital budgeting
- Implement the various investment rules and selection
criteria to projects

 

The contribution of this Teaching Unit to the development and command of the skills and learning outcomes of the programme(s) can be accessed at the end of this sheet, in the section entitled “Programmes/courses offering this Teaching Unit”.
Content
  • The law of one price
  • Time value of money
  • Annuities
  • Interest rates
  • Loans
  • Selection criteria for investment
  • How to choose among several projects
  • Cash-flow determination for a project
  • Capital budgeting
  • Bonds
  • Stocks
  • Risk
  • The cost of capital
  • Capital budgeting - conclusion
Teaching methods
  • MOOC
  • Flipped classroom
  • Exercises
Evaluation methods
  • Written examination (80%)
  • Ongoing assessment (20%) : MOOC MCQ 
  • Ongoing assessment score is definitively acquired
Online resources
https://www.edx.org/course/les-principes-de-la-finance-0
Bibliography
  • Finance d’entreprise, 3ème édition, Berk &  DeMarzo, Pearson France 2014.
  • Principles of Corporate Finance: Global Edition,  11ème édition, Brealey, Myers & Allen, McGraw-Hill 2014.
Faculty or entity


Programmes / formations proposant cette unité d'enseignement (UE)

Title of the programme
Sigle
Credits
Prerequisites
Aims
Master [120] in Management (shift schedule)
6

Master [60] in Management (shift schedule)