Capital Structure and Financial Planning

Faculteit Economie en Bedrijfskunde
Jaar 2017/18
Vakcode EBB060A05
Vaknaam Capital Structure and Financial Planning
Niveau(s) bachelor, uitwisseling
Voertaal Engels
Periode semester II a
ECTS 5
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Uitgebreide vaknaam Capital Structure and Financial Planning
Leerdoelen Upon completion of the course the student is able to:
1. Describe and explain how companies raise cash to fund their investments and how companies distribute cash to their investors.
2. Analyze and explain how and when companies create value when they raise cash to fund investments and how and when they distribute cash to their investors.
3. Describe and explain how management manages the financing side of the company.
4. Create and use a financial Excel model to evaluate investment and financing decisions of a company working in a team, communicate subsequent findings, and reflect on the work of others.
5. Describe and explain what financial options are and how they are being valued.
6. Describe and explain the motivation, and process of mergers and acquisitions and how they may create value.
Omschrijving The first year course Asset Pricing and Capital Budgeting and the second year course Capital Structure and Financial Planning introduce you to the fundamentals of corporate finance. In the first year, you learned the core concepts of financial analysis and applied them to the investment decision of companies and the trade-off between return and risk. In the second year you apply the same concepts to the financing decisions of companies. In a group you value a firm by making a financial planning based on your own Excel model.
Uren per week 4
Onderwijsvorm hoorcolleges, werkcolleges
(There will also be guestlectures.)
Toetsvorm opdracht(en), schriftelijk tentamen met open vragen
(The group assignment in groups of 4 students)
Vaksoort bachelor
Coördinator dr. M.M. Kramer
Docent(en) dr. ing. N. Brunia ,dr. E. Karmaziene ,dr. M.M. Kramer
Verplichte literatuur
Titel Auteur ISBN Prijs
Academic paper: Dividends and Share Repurchases in the European Union, Journal of Financial Economics, 2008 Eije, H. von, W.L. Megginson
Fundamentals of Corporate Finance, 3rd Global Edition, Pearson, 2014 (instead of 9781292068206) Berk, J., P. DeMarzo, J. Harford 9781292018409 ca. €  65,00
Fundamentals of Corporate Finance, 3rd Global Edition, Pearson, 2014 (mind that this book was also used in Asset Pricing & Capital Budgeting, so you still may have that book from last year) Berk, J., P. DeMarzo, J. Harford 9781292068206 ca. €  70,00
Entreevoorwaarden Recommended: Asset Pricing and Capital Budgeting (EBP031A05)
Opmerkingen Secretary: Grietje Pol, phone +31(0)50 3633685, e-mail g.pol@rug.nl,
Coordinator: Dr Marc Kramer, phone +31(0)50 3634532, e-mail m.m.kramer@rug.nl
Opgenomen in
Opleiding Jaar Periode Type
BSc Economics and Business Economics/E&BE  ( Business Economics) 2 semester II a verplicht
BSc Economics and Business Economics/E&BE  ( Economics) 2 semester II a verplicht
BSc Economics and Business Economics/E&BE  ( International Economics & Business/IE&B) 2 semester II a verplicht
Courses open to Exchange Students (BSc)  ( Courses open to Exchange Students (BSc) without limited access) 2 semester II a keuze