Study programme 2021-2022Français
Corporate Finance
Programme component of Master's in Business Engineering à la Warocqué School of Business and Economics

CodeTypeHead of UE Department’s
contact details
Teacher(s)
UW-M1-IGGEST-037-MOptional UEHELDENBERGH AnneW751 - Finance
  • LORENT Benjamin

Language
of instruction
Language
of assessment
HT(*) HTPE(*) HTPS(*) HR(*) HD(*) CreditsWeighting Term
  • Anglais
Anglais12900033.001st term

AA CodeTeaching Activity (AA) HT(*) HTPE(*) HTPS(*) HR(*) HD(*) Term Weighting
W-FINA-014Corporate Finance - AAEP126000Q1
W-FINA-037Corporate Finance - AAEHP03000Q1

Integrated test : there will be no assessment for each AA but a single assessment for the UE.
Programme component

Objectives of Programme's Learning Outcomes

  • Mobilise expertise in at least one area of management.
    • Master the principal decision-making processes of a company.
  • In an active and integrated manner, master knowledge in the various fields of management and use them effectively in a professional context.
    • Integrate highly specialised knowledge in different fields of management.

Learning Outcomes of UE

At the conclusion of this teaching, the students will be able to understand the interactions of the investment's decisions and financing decisions in the creation of firm's value.

Content of UE

Financing decisions; risk; financing theories; capital stucture puzzle; dividend policy; dividend controversy ; effect of the notional interest deduction on cost of capital.

Prior Experience

Not applicable

Type of Assessment for UE in Q1

  • Oral examination
  • Written examination

Q1 UE Assessment Comments

-

Type of Assessment for UE in Q3

  • Oral examination
  • Written examination

Q3 UE Assessment Comments

-

Type of Resit Assessment for UE in Q1 (BAB1)

  • N/A

Q1 UE Resit Assessment Comments (BAB1)

-

Type of Teaching Activity/Activities

AAType of Teaching Activity/Activities
W-FINA-014
  • Cours magistraux
  • Conférences
  • Travaux pratiques
  • Etudes de cas
W-FINA-037
  • Travaux pratiques
  • Etudes de cas

Mode of delivery

AAMode of delivery
W-FINA-014
  • Mixed
W-FINA-037
  • Mixed

Required Reading

AA
W-FINA-014
W-FINA-037

Required Learning Resources/Tools

AARequired Learning Resources/Tools
W-FINA-014Not applicable
W-FINA-037Not applicable

Recommended Reading

AA
W-FINA-014
W-FINA-037

Recommended Learning Resources/Tools

AARecommended Learning Resources/Tools
W-FINA-014Not applicable
W-FINA-037Not applicable

Other Recommended Reading

AAOther Recommended Reading
W-FINA-014Berk J. & DeMarzo P., (2017), Corporate Finance, 4th edition, Pearson. Brealey R.A., Myers S.C. & Allen F., (2016), Principles of Corporate Finance, 12th edition, Mc Graw Hill. Myers S. C. (1984), " The Capital Structure Puzzle ", Journal of Finance, 39, pp. 575-592. Modigliani F. & Miller M. (1958), " The cost of capital, corporation finance and the theory of investment ", American Economic Review, 58, (3), pp. 261 297. Modigliani F. & Miller M. (1963), " Corporate income taxes and the cost of capital : a correction ", American Economic Review, 53, (3), pp. 433 443. Ross S., R. Westerfield, J. Jaffe & B. Jordan (2016), Corporate Finance, 11th edition, Mc Graw Hill.
W-FINA-037Berk J. & DeMarzo P., (2017), Corporate Finance, 4th edition, Pearson. Brealey R.A., Myers S.C. & Allen F., (2016), Principles of Corporate Finance, 12th edition, Mc Graw Hill. Myers S. C. (1984), " The Capital Structure Puzzle ", Journal of Finance, 39, pp. 575-592. Modigliani F. & Miller M. (1958), " The cost of capital, corporation finance and the theory of investment ", American Economic Review, 58, (3), pp. 261 297. Modigliani F. & Miller M. (1963), " Corporate income taxes and the cost of capital : a correction ", American Economic Review, 53, (3), pp. 433 443. Ross S., R. Westerfield, J. Jaffe & B. Jordan (2016), Corporate Finance, 11th edition, Mc Graw Hill.
(*) HT : Hours of theory - HTPE : Hours of in-class exercices - HTPS : hours of practical work - HD : HMiscellaneous time - HR : Hours of remedial classes. - Per. (Period), Y=Year, Q1=1st term et Q2=2nd term
Date de dernière mise à jour de la fiche ECTS par l'enseignant : 15/05/2021
Date de dernière génération automatique de la page : 06/05/2022
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Tél: +32 (0)65 373111
Courriel: info.mons@umons.ac.be