Corporate Finance (2cr)

Objective

Students are able to define the basic concepts of short-term as well as long-term financial planning. They can list the stages of the planning and realizing of a financial management process. Students can work out basic calculations for financial management and assess the importance of them in planning the profitability of investments and financial structure. They can evaluate the significance of comprehensive financial management for firms and other organizations in the domestic and foreign markets.

Content

- Concepts and basic issues in short-term financial planning
- Concepts and basic issues in long-term financial planning
- Significance of financial planning for firms and other organizations
- Principles of liquidity management: management of accounts payable, credit management, cash management, payment systems
- Principles of long-term financial planning: investment decisions, financial structure, financing decisions, valuation
- Tools for financial planning

Qualifications

No previous studies are required.

Assessment criteria, satisfactory (1)

Excellent (5): The student has carried out work to an excellent standard and participated actively and constructively. Students are able to define the basic concepts of investment and financial planning accurately. They can list the stages of the planning and realizing of a financial management process logically. Students can work out many-sided calculations for financial management and assess the importance of them in planning the profitability of investments and financial structure critically also in an international corporation. They know how to interpret the results of financial research critically. Students know how to realize a comprehensive investment and financial plan and interpret the results from the point of management view. They can evaluate the significance of comprehensive financial management for firms and other organizations in the domestic and foreign markets.

Good (4-3): The student has carried out work well and participated actively. Students are able to define the basic concepts of investment and financial planning. They can list the stages of the planning and realizing of a financial management process. Students can work out many-sided calculations for financial management and assess the importance of them in planning the profitability of investments and financial structure also in an international corporation. They know how to interpret the results of financial research. Students know how to realize an investment and financial plan and interpret the results from the point of management view. They can evaluate the significance of comprehensive financial management for firms and other organizations in the domestic and foreign markets.

Satisfactory (2-1): The student has carried out work and participated as instructed. Students are able to define the basic concepts of investment and financial planning. They can list the stages of the planning and realizing of a financial management process. Students can work out basic calculations for financial management and assess the importance of them in planning the profitability of investments and financial structure also in an international corporation. They can give a summary of financial research. Students know how to realize a simple investment and financial plan. They can evaluate the significance of financial management for firms and other organizations in the domestic and foreign markets.

Materials

- Knüpfer, S. ja Puttonen, V. 2009. Moderni rahoitus. WSOYpro. (Modern Finance)
Availability: https://plari.amkit.fi/vwebv/holdingsInfo?sk=fi_EN&bibId=90160

- Kytönen, E. 2015. Rahoitushallinto-osaaminen. Opetusmoniste. (Financial management skills. Teaching paper.)

- Websites of financial management software service firms

- financial calculators available for example http://www.dinkytown.net/ and http://www.calkoo.com/

- material provided by the teacher (in Moodle)

Teaching methods

- lectures, practices and assignment
- independent work

Further information

The course is taught at Seinäjoki Business School, Frami F, Kampusranta 11.