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| GEST0046-1 | Financial Management and Policy | ||
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| Duration : | 30h Th | ||
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| Credits/ECTS : | |||
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| Holder(s) : | Georges Hübner | ||
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| Substitute(s) : | Anh Nguyen | ||
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| Course contents : | PART 1 : OVERVIEW OF CORPORATE FINANCE PART 2 : INVESTMENT DECISION A : DISCOUNTING B : RISK AND RETURN C : CAPITAL BUDGETING IN THE PRESENCE OF RISK D : REAL OPTIONS PART 3 : FINANCING DECISIONS A : THE MODIGLIANI AND MILLER THEORY B : OTHER RELEVANT DIMENSIONS C : INTEGRATION OF FINANCING AND INVESTMENT DECISIONS | ||
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| Course objective : | To introduce to students the basic rules for the major financial decisions taken by corporations. The course first reviews the investment decision, with the net present value rule without and with the presence of risk. The risk-return relationship and the cost of capital are discussed in depth. Then, the basics of financing decisions are examined, with the impact that these decisions have on investment valuation. | ||
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| Prerequisites : | None | ||
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| Organization : | Lectures (20h) Exercice sessions (10h) | ||
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| Written notes : | Recommanded reference work: Ross, Westerfield and Jaffe, Finance Corporate 7th edition (French Edition, translated by Hübner et al.), Dunod, 2005 | ||
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| Assessment : | Written exam, 1st and 2nd exam session | ||
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| Contacts : | Teacher: G. HUBNER, room II.49, Tel. 04/366.27.65 - Fax : 04/366.27.67 E-Mail : G.Hubner@ulg.ac.be Assistant lecturer : S. Plunus, room II.51, Tel. 04/366.27.40 E-Mail : splunus@ulg.ac.be Student lecturer: Marie Lambert E-Mail : marie_lambert@hotmail.com | ||
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| Remarks : | http://www.eaa.egss.ulg.ac.be/gfin/GestPolFinInfo.html | ||
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ULg : Students and Studies Administration - Academic Affairs
Contact : Monique Marcourt, direction A.E.E.
Date of data : 27/02/2006
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