Seminars in English

Presentations

Week 1: Introduction to Corporate Finance (Feb, 16)

  • instructions
  • pre-requirements
  • syllabus

Week 2: Financial Language (Feb, 23)

  • Money
  • Income and Finance
  • Corporation

Week 3: Financial Assets ( Mart, 02)

  • Stocks as a financial instrument
  • Bonds as a financial instrument
  • Capital in the Financial Statements

Week 4: Financial Data (Mart, 09)

Week 5: Time “value” of money (Mart, 16)

  • Why present not future value
  • Annuity as a tool
  • Debt amortization plan (annuity and common)

 Week 6: Valuing Bonds (Mart, 23)

  • Basics of valuing bonds
  • Valuing Coupon bonds
  • Valuing Discount bonds

Week 7: Valuing Stocks (Mart, 30)

  • Basics of valuing stocks
  • Valuing  Common Stocks
  • Valuing Preferred Stocks

 

Week 8: Easter Holiday (April, 02-06)

 

Week 9: Risk and return (April, 13)

  • How does Diversification Reduce the Risk?
  • Beta and CML
  • Risk Premium and CAPM

 

MIDTERM – 17 th of April

 

Week 10: Revision (April, 20)

  • Basics of Finance
  • PV and Annuity Instrument
  • Valuing Financial Assets

Week 11: Making Investment Decisions with the Net Present Value Rule (April, 27)

  • Defining Investment Cash Flows (gross and net investment)
  • Defining net Cash Flows (Identifying significant cash flows for project evaluation)

Week 12: Valuing real assets (May, 04)

  • Valuing a Business by Discounted Cash Flow
  • Sensitivity analysis

Week 13: Financial Leverage and Debt (May, 11)

  • Leverage and Capital Structure – the Effect of Financial Leverage
  • Leverage and Capital Structure – the Impact of Financial Leverage
  • Financial Leverage, EPS, and ROE

Week 14:Financing and valuation (May, 18)

  • WACC (incl. After-tax WACC)
  • Modigliani and Miller Theory (Dividend Policy Is Irrelevant in Perfect Capital Markets)
  • Haw do Interest Tax Shield Contribute to the Value of Shareholders’ Equity?

Week 15: Break-Even Analysis (May, 25)

  • Accounting Break-Even Analysis
  • NPV break-Even Analysis
  • Operating Leverage


Requirements:

  1. 10 minutes
  2. PPT (Microsoft Office Application) / No Prezi!
  3. At least 2-3 numerical examples.
  4. Previous day – 16 h.
  5.  Others:
    1. answer the question
    2. keep the frame of the topic
    3. understandable for  non-expets
    4. time-keeping
    5. logically precise
    6. personal attitude/opinion

Grading