Course : Financial Management

The goal of this course is to analyze corporate decisions from a financial perspective. To this end, the course focuses on investment and financing decisions, valuation, and the treatment of risk.  Topics to be studied are the net present value rule, capital budgeting techniques and the estimation of the cost of capital. It also studies the valuation of stocks and bonds, the risk-return trade-off, the capital structure and its relationship with the value of the firm as well as the dividend policy of corporations. Finally, it analyzes the management of short-term assets and liabilities.