102-054-IO Corporate Finance
Study program:  |  			International Financial Management (B.Sc.)  |  		
Academic level and semester:  |  			Bachelor, 1st semester  |  		
ECTS credits/workload per semester:  |  			5 / 125  |  		
Contact hours per week/contact hours per semester:  |  			4 / 45  |  		
Type/Teaching method:  |  			Lecture  |  		
| Language of instruction: | English | 
Frequency:  |  			Every semester  |  		
Lecturer:  |  			Prof. Dr. Andreas Schittenhelm | 
Content:  |  			This module deals with the follwing topics: Basics of dynamic financial planning, forms of financing, financing decisions, debt financing, equity financing, inclusion of taxation in investment and financing decisions (tax planning), Arbitrage, foreign trade financing; Financial planning: The Percentage of Sales Approach, The Cash Flow Identity; Investment Criteria: The NPV Criterion, The Internal Rate of Return, The Annuity Method, The Discounted Payback Rule; Project Analysis and Evaluation: Weighted Average Cost of Capital, Risk Measures. Important note: This module consists of the two courses 102-004-IO-01 Finance and 102-004-IO-02 Investments  |  		
Textbooks:  |  			1. Brealey, R.A./Myers, S.C./Allen, F., Principles of Corporate Finance, McGraw Hill, New York,20022. Drukarczyk, J., Finanzierung, 10. Aufl. UTB, Stuttgart, 2008.3. Franke, G./Hax, H., Finanzwirtschaft des Unternehmens und Kapitalmarkt, 6. Aufl., Springer,Heidelberg/Berlin, 20094. Kruschwitz, L./Husmann, S., Finanzierung und Investition, Oldenbourg, München, 20095. Kruschwitz, L., Investitionsrechnung, Oldenbourg, München, 20116. Kruschwitz, L./Decker, R./Röhrs, M., Übungsbuch zur betrieblichen Finanzwirtschaft,Oldenbourg, München, 20077. Schmidt, R.H./Terberger, E,, Grundzüge der Investitions- und Finanzierungstheorie, Gabler,Wiesbaden, 1997, 1. Arnold, G., Corporate Financial Management, 5. Aufl., Pearson, Harrow, UK 20122. Flad, M./Günther, P./Schittenhelm, F.A., Finanzmanagement, Pro Business, Berlin 20123. Günther, P./Schittenhelm, F.A., Investition und Finanzierung, Schaeffer-Poeschel, Stuttgart,20034. Maier, K.M., Risikomanagement im Immobilien- und Finanzwesen, Fritz Knapp, Frankfurt/Main,20075. Megginson, W.L./Smart, S.B./Lucey: Introduction to corporate finance, Cengage Learning,Mason, Ohio 20086. Ross, S./Westerfield, R./Jordan, B., Fundamentals of Corporate Finance, 9th edition, McGrawHill, Irwin, New York, 2009  |  		
Recommended for:  |  			Undergraduates, graduates  |  		
Prerequisites:  |  			Background in Business/Economics | 
Restrictions:  |  			None  |  		
Assessment:  |  			Written exam |