O7IM 2230A - Financial Analysis for Corporate Finance

How to apprehend today the question of asset and company valuation, or more simply "is it profitable?"; or "how much is it worth ?"; These key questions are nowadays a central component of complex economic and financial issues such as industrial strategies, value creation, the role of financing tools and corporate finance operations. The course aims to provide basic and advanced theoretical tools to better understand and analyze these issues, both from corporate and advisory points of view.
The course is divided into 5 parts :
1) Financial Statements and Cash-Flows ;
2) Financial Analysis and Value Creation ;
3) Company Valuation ;
4) Debt and Hybrid Products ;
5) Private Equity ,M&A and LBO operations. These concepts are essential to both students preparing for careers in finance and to all those who wish or have an overall vision of a company and its market environment or, more simply, want to master the basics of corporate finance.
Christophe LAM
Enseignement électif
English
Lecture (24h). Credits: 4.
O7IM2115A - Financial Analysis : none
O7IM 2230A - Financial Analysis for Corporate Finance : financial accouting
Spring 2020-2021
The course is assessed on the basis of two examinations: a mid-term exam (40%) and a final exam (60%).
Each course introduces theoretical tools and case studies for illustrative purposes.
Corporate Finance: Theory and Practice, 5th Edition, Pierre Vernimmen, Pascal Quiry, Maurizio Dallocchio, Yann Le Fur, Antonio Salvi
Principles of Corporate Finance, 12th Edition, Brealey, Myers, Allen.
McKinsey & Company, Value: The Four Cornerstones of Corporate Finance, John Wiley & Sons, 2010
McKinsey & Company, Valuation Workbook, John Wiley & Sons, Sixth Edition
Aswath Damodaran, The Little Book of Valuation, John Wiley & Sons, 2011
J. Rosenbaum and J. Pearl, Investment Banking University Edition, John Wiley & Sons, Second Edition
Aswath Damodaran, Investment Valuation University Edition, Wiley Finance, 3rd Edition