Finance & Governance

mlsmm2112  2022-2023  Mons

Finance & Governance
5.00 credits
30.0 h
Q1
Teacher(s)
D'Hondt Catherine;
Language
French
Main themes
  • The financial structure of the company
  • Distribution policy
  • Business valuation
  • Long-term and short-term business financing
  • Corporate governance
Learning outcomes

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

1
  • analyze the financial structure of a company and explain its challenges;
  • analyze a company's distribution policy;
  • to estimate the value of a project or a company by integrating the complexity of the real world;
  • analyze the long-term and short-term financial policy of a company;
  • define corporate governance and explain the issues.
 
Content
  • Corporate finance and CFO's roles in an evolving environment
  • Conceptual fundamentals of corporate finance
  • Capital budgeting and project valuation
  • Capital structure and long-term financial planning
  • Working capital management
  • Short-term financial planning
  • Corporate governance and its key challenges
Teaching methods
  • Lectures
  • Case studies
     
Evaluation methods
Within this course, students' skills assessment is twofold :
• Ongoing assessment with mandatory homeworks (case studies) to deliver during the semester (25% of the final grade)
• Written exam with open questions at mid-semester (75% of the final grade)
The grade of the homeworks is not longer taken into account in case of second session (resit exam=100% of the grade).
Bibliography
  • Berk & DeMarzo, Finance d’entreprise (adaptation française), 4ème édition (Pearson, 2017) 
  • Clayman, Fridson & Troughton, Corporate Finance: A practical approach, 2nd edition (CFA Institute Investment Series, 2012)
  • Damodaran, Applied Corporate Finance: A User's Manual, 3rd edition (John Wiley and Sons, 2011)
  • Damodaran, Corporate Finance: Theory and Practice, 2nd edition (John Wiley and Sons, 2007)
  • Vernimmen, Quiry & Le Fur, Finance d’entreprise, 17ème édition (Dalloz, 2019)
Faculty or entity
CLSM


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

Title of the programme
Sigle
Credits
Prerequisites
Learning outcomes
Master [120] in Management

Master [60] in Management