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Corporate Finance (WI000091, English)

Course WI000091VO in SS 2023

General Data

Course Type lecture
Semester Weekly Hours 2 SWS
Organisational Unit Chair of Financial Management and Capital Markets (Prof. Kaserer)
Lecturers Christoph Kaserer
Assistants:
Aida Cehajic
Dates Tue, 13:15–14:45, 0606

Assignment to Modules

Further Information

Courses are together with exams the building blocks for modules. Please keep in mind that information on the contents, learning outcomes and, especially examination conditions are given on the module level only – see section "Assignment to Modules" above.

additional remarks The module covers fundamental concepts in corporate finance. This knowledge is important as a fundament for advanced courses in corporate finance as well as a career in the investment banking or in a corporate treasury department. • Options: Basic understanding, put call parity, binomial and Black-Scholes option pricing, equity as call option • Real options: Identification and binomial pricing • Valuation: Introduction to DCF methods, multiples methods and applications • IPO: Empirical studies of IPO costs, IPO process • Capital structure: WACC under OPM, CAPM and MM, trade off theory of debt, agency theory of debt, pecking order theory of debt • Efficient markets: Definitions, modeling, empirical approaches and results • M&A: Explanations of wealth effects of M&A, explanations for conglomerates, Empirical results on other forms of ownership decreases and change (divestitures, carve outs, spin offs, tracking stock, split ups, LBOs) • Dividend policy: Theories of optimal dividend policy, Empirical evidence
Links Course documents
E-Learning course (e. g. Moodle)
TUMonline entry

Equivalent Courses (e. g. in other semesters)

SemesterTitleLecturersDates
SS 2024 Corporate Finance (WI000091, English) Kaserer, C.
Assistants: Cehajic, A.
Tue, 13:15–14:45, 0606
SS 2022 Corporate Finance (WI000091) Kaserer, C.
Assistants: Cehajic, A.
Tue, 13:15–14:45, 0606
SS 2021 Corporate Finance (WI000091) Kaserer, C.
Assistants: Knauer, L.
Tue, 13:15–14:45, virtuell
SS 2020 Corporate Finance (WI000091) Kaserer, C. Tue, 13:15–14:45, virtuell
SS 2019 Corporate Finance (WI000091) Kaserer, C. Tue, 13:15–14:45, 0606
SS 2018 Corporate Finance (WI000091) Tue, 13:15–14:45, 0606
SS 2017 Corporate Finance (WI000091) Tue, 13:15–14:45, 0606
SS 2016 Corporate Finance (WI000091) Tue, 13:15–14:45, 0606
SS 2015 Corporate Finance (WI000091) Tue, 13:15–14:45, 0606
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