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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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| Language : | Langue française |
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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 |
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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, including strategic managerial decisions. |
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| Prerequisites : | Basic knowledge of accounting and financial statement analysis is recommended. |
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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 : | Assistante : Séverine Plunus
tél : 04/366.27.40
e-mail : splunus@ulg.ac.be |
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| Remarks : | http://campushd.hec.ulg.ac.be/ |
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