Master in European Business (MEB)

Core Courses

Fundamentals of Finance

Semester 1 - 30 hours (4 crédits ECTS)

Objectives

This module gives students a set of tools and analytical frameworks to assess the managerial and strategic implications of financial decisions from both an internal and external perspectives. Through this, students will be able to understand financial intruments and make financial decisions.

Structure / Content

Part 1: 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)

Part 2: 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