mgehd1312  2020-2021  Mons

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).
6 credits
30.0 h + 10.0 h
Q2
Teacher(s)
D'Hondt Catherine; Platten Isabelle;
Language
French
Prerequisites
MGEHD1321 ' Accounting and financial analysis
MQAHD1325 ' 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
 
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

Due to the COVID-19 crisis, the information in this section is particularly likely to change.

  • MOOC
  • Flipped classroom
  • Exercises
Evaluation methods

Due to the COVID-19 crisis, the information in this section is particularly likely to change.

  • Written examination (80%)
  • Ongoing assessment (20%) : MCQ 
  • Ongoing assessment score is definitively acquired
Online resources
https://www.edx.org/course/les-principes-de-la-finance-0 
Bibliography
  • Finance d’entreprise, 4ème édition, Berk &  DeMarzo, Pearson France 2017 (adaptation française).
  • Principles of Corporate Finance: Global Edition,  11ème édition, Brealey, Myers & Allen, McGraw-Hill 2014
Faculty or entity
CLSM


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

Title of the programme
Sigle
Credits
Prerequisites
Aims
Master [60] in Management (shift schedule)