Special Topics in Banking and Finance: Corporate Finance

Part of the Required Elective Module ("Alternatives Pflichtmodul") Banking and Finance.

Main objectives

The aim of the course is to introduce the students with the basic concepts of Corporate Finance. We will study: equity and debt finance, how to value different types of bonds, the capital structure and dividend policies.

Course outline

This is a tentative schedule. I will determine the pace of class based on the overall student feedback and participation.

Introduction
The finance function and capital market
Arbitrage and the Law of One Price
Long-term finance: equity finance
Long-term finance: debt finance, hybrid finance and leasing
Valuing bonds
The cost of capital and capital structure
Dividend policy

Course cycle

Each winter term

Literature

Required Readings:

All relevant material, i.e. slides and exercises, is going to be available on the moodle platform of this course.

D.Watson, A.Head, Corporate Finance – Principles and Practice, Prentice Hall – Pearson Education Ltd

J. Berk, P. DeMarzo, Corporate Finance, Pearson Education Ltd