Course information

The European Corporate Finance course examines important issues in corporate finance in Europe that you will be studying from the perspective of financial managers, who are responsible for making significant financial decisions. The various contents of the course have been designed in such a way that they not only establish a logical and systematic relationship with each other, but such mutual relationship is also integrated with the strategic decision-making process of corporate functioning in the European business environment. For example you will be studying topics such as assets valuation on the one hand highlighting investing side of companies, however, at the same time you will be studying capital structure, cost of capital and payout policy that highlights financing side of companies. By combining these two sides you will not only be able to demonstrate their mutual interactions but also be able to convey their overall relationship with the corporate strategy in the light of several vital determinants such as tax laws, bankruptcy laws, risk management practices and managerial incentives in Europe.

This course is comprising of various topics including the concept of present value, the opportunity cost of capital, discounted cash flow analysis, valuation techniques, issues between short & long term financial management, risk and return, capital asset pricing model, capital budgeting, corporate capital structure and financing decisions, dividend policy, mergers and acquisitions (M&A), global financial management including exchange including for example exchange rate risk analysis, and issues of corporate governance and control.

You will observe in this course that due importance has also been given to the core theoretical concepts related to each topic to develop intellectual discourse, creative thinking and problem-solving skills. The study of course contents in the light of diverse business environments will enable you to understand diverse theoretical aspects and empirical studies through critical perspectives and contextualize the course contents in various scenario/settings. Similarly, there will be explicit emphasis laid on the quantitative data analysis in this course.