Chair of Finance

MEB - Master in European Business

Semester 1: Fundamentals of Finance

Financial Instruments

• Different Ways to Raise Capital: An Overview of Financial Instruments
• Equity-Based Financing
• Debt-Based Financing
• Mixed Forms of Financing (Convertibles)
• Financial Innovations (Derivatives)

Investment Decisions

• Cash Flow, Present Value and the Opportunity Cost of Capital
• The Value of Stocks and Bonds
• Capital Budgeting: Net Present Value, Internal Rate of Return and other Investment Criteria

Literature

• Pape, U.: Grundlagen der Finanzierung und Investition, Oldenbourg, München/ Wien 2009.
• Perridon, L./ Steiner, M.: Finanzwirtschaft der Unternehmung, 15. Auflage, München 2009.
• Brealey, R./ Myers, St./ Allen, F.: Principles of Corporate Finance, 9. Auflage, New York et al. 2008.