Introduction to financial and accounting management

lfsa1290  2020-2021  Louvain-la-Neuve

Introduction to financial and accounting management
Due to the COVID-19 crisis, the information below is subject to change, in particular that concerning the teaching mode (presential, distance or in a comodal or hybrid format).
4 credits
30.0 h + 15.0 h
Q2
Teacher(s)
Language
French
Main themes
Financial statements, balance sheet, income statement and cash flow statement. Financial statements analysis. Solvability, liquidity and profitability. Financing decisions. Issues of common shares or corporate bonds. Capital budgeting decisions
Aims

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

1 Objectives (in terms of competencies) Give to our student a fair understanding of the methods and concepts that support the decion processes in the field of finance. A specific attention is dedicated to the capital budgeting decisions and the financing decisions.
 
Content
Overview of the financial statements. Financial forecastings. Profitability analysis, Return on Equity and Return on Investment. Risk-return trade-off associated to the debt. Financial leverage. Risk-return trade-off associated to the fixed assets and fixed cost. Operating leverage. Financing decisions : issues of common stocks vs issue of corporate debt. Weighted average cost of capital (WACC) Selection criteria in capital budgeting : payback, internal rate of return,net present value. Introduction of risk in capital budgeting.
Other information
N / A
Faculty or entity
Force majeure
Evaluation methods
Pour la session de juin, si les règles sanitaires interdisent l'examen en présentiel, celui-ci sera remplacé par un travail individuel à remettre. Les consignes du travail seront publiées sur Moodle


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

Title of the programme
Sigle
Credits
Prerequisites
Aims
Master [120] in Computer Science and Engineering

Master [120] in Computer Science

Master [120] in Chemistry

Master [120] in Physical Engineering

Master [120] in Civil Engineering

Master [120] in Electrical Engineering

Master [120] in Chemical and Materials Engineering

Master [120] in Electro-mechanical Engineering

Master [120] in Mathematical Engineering

Minor in Mangement (basic knowledge)

Master [120] in Data Science Engineering

Master [120] in Data Science: Information Technology

Master [120] in Biomedical Engineering

Master [120] in Mechanical Engineering