Applied Corporate Finance

Crédit : 4 ECTS
Langue du cours : anglais

Volume horaire

  • CM : 15 h

On completing the course the participants will:
  • Know the key considerations affecting corporate finance decisions
  • Understand the context and structure of corporate finance transactions
  • Compete for management positions in corporate and financial institutions
  • Develop and execute complex corporate finance deals

The aim of the course is to develop an understanding of modern corporate finance so that the corporate manager, the investment banker and the financial analyst will have the conceptual foundations for making informed corporate assessments of key financial decisions. The course puts significant emphasis on the interactions between capital markets and the value of the underlying real assets. Participants will able to:
  • Appreciate the implications of modern finance theory on practical corporate finance issues
  • Develop analytical skills to evaluate complex corporate finance decisions
  • Understand the perspectives of corporate managers, shareholders, financiers and financial intermediaries of key financial decisions
  • Familiarise with contemporary corporate finance practice and market trends evolving in different countries

Planning course :
The course will comprise of 3 sessions of 3 hours contact time each. An important element of the course is the comparison of institutional and cultural differences across countries in the practice of Corporate Finance. Each session will consist of formal lecture, participative discussion and debate and case studies to illustrate theory and learn from real world situations. The whole class is expected to contribute to the discussion.
  • Session 1 Corporate restructuring
- Reasons for restructuring
- Different types of restructuring
- Market reaction to corporate restructuring
  • Session 2 Case study : DuPont Corporation: Sale of Performance Coatings, Case No. UVA-F-1709, dated 7 February 2014, Darden Business Publishing, University of Virginia
  • Session 3. Corporate Bankruptcy
- Measures of financial distress and symptoms of decline
- Institutional differences in financial distress and bankruptcy procedures
- Classification of recovery strategies
  • Session 4 Capital structure : The Weighted Average Cost of Capital
  • Session 5 Capital structure : Managing Corporate Capital Structure in Practice

Examen final.

M1 finance, économétrie, mathématiques – grandes écoles de commerce ou d’ingénieur.

M1 et cours en finance de marché.

Enseignant responsable
Raghavendra Rau

Enseignant responsable


Année universitaire 2018 - 2019 - Fiche modifiée le : 19-04-2018 (10H46) - Sous réserve de modification.