How to understand the business, the risk profile and the strategy of a company through financial tools? How to assess profitability and value creation? Those questions are key in today's increasingly complex economic and financial environment where financial health is no longer the sole indicator of a company's performance.
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.
Violette POINSARD
Enseignement électif
English
Lecture (24h) with 2 exams and weekly business cases.
General: none
Spring 2024-2025
The course is assessed on the basis of two examinations: a mid-term exam (40%) and a final exam (60%). Participation to business cases and class presentation will be taken into account as a bonus.
Each course introduces theoretical tools and case studies for illustrative purposes.
Corporate Finance: Theory and Practice, 6th Edition, Pierre Vernimmen, Pascal Quiry, Maurizio Dallocchio, Yann Le Fur, Antonio Salvi