Module 1 ADVANCED FINANCIAL STATEMENT ANALYSIS (7,5 hp/7,5 ECTS credits) The goal of this course is to expand students' knowledge of financial statement analysis and equity valuation by providing an accounting based approach to valuation. The course deals with the analysis of financial statement information for the performance evaluation of firms and their management, and for investment decisions. The course integrates accounting, finance, economic theory, and empirical research into a financial statement analysis and valuation framework.
Module 2 CORPORATE FINANCE (7,5 hp/7,5 ECTS credits) The corporate finance module provides an integrated overview of the most important concepts in corporate finance from the point of view of the manager of a non-financial corporation. The subject provides an introduction to and some experience in applying standard techniques in corporate finance. It serves as the foundation for the package of subjects that the student will select within the Finance program.
Module 3 INVESTMENTS (7,5 hp/7,5 ECTS credits) This course provides specialized information at an advanced level in investment analysis. The aim is to provide the student with a thorough knowledge of the relevant theories, empirical findings and models in the field as well as directions for their application to active and passive management of stock and bond portfolios. Major topics of the course are portfolio optimization, CAPM, APT, factor models, fixed income securities, term structure relations, duration analysis, immunization, option and futures pricing, hedging and performance evaluation.
Module 4 CASH AND RISK MANAGEMENT (7,5 hp/7,5 ECTS credits) Businesses of all sizes are realizing the importance of cash management issues and applying sophisticated tools to their cash flow statements. This course shows the importance of short term financial management for the enterprise and emphasizes the role of the corporate treasurer. It focuses on cash management, but the other constituents of working capital are also considered. It explores how cash flows in and out of a company and how liquidity levels can be managed. Managers and entrepreneurs will receive the tools to forecast and budget properly, project cash flows over varying lengths of time, streamline cash operations, and know the best methods for maximizing balances and investment returns while minimizing company risks.
