CORPORATE INVESTMENTS
Année du cours : 1 année(s)
Etablissement : IÉSEG School of Management
Langue : English
Formation(s) dans laquelle/lesquelles le cours apparait :
Période : S1
Introduction to Financial Markets
Corporate Finance Fundamentals
Capital Structure (strongly recommended)
Statistics and Probability in Finance.
At the end of the course, the student should be able to:
1. Identify the steps involved in estimating the cash flows from investment projects
2. Differentiate between a relevant and an irrelevant cash flow
3. Analyze a project’s risks and opportunities
4. Evaluate project’s profitability, return and payback period
5. Understand the interactions between investment and financing decisions
6. Assess the various managerial flexibilities involved in the project
This course is an in-depth exploration of methods used in corporate investment appraisal, with a focus on practical applications of project valuation methods.
Course outline:
Part I: Estimating the incremental cash flows
Part II: Estimating the cost of capital for project valuation purposes
Part III: Project Valuation Methods
Part IV: Managerial Flexibility and Project Appraisal
