MGSF FIN 4001
At the end of this course, students must be able to
- know the difference between certain and uncertain environments;
- use the discount rate corresponding to the risk class of each financial asset;
- understand the principle of the Capital Asset Pricing Model (CAPM)
- assess the risk of a portfolio, a company and the projects to be financed;
- decide on the method of financing investment projects: by equities, new shares issuance, debts;
- select projects that are profitable for the company using the adjusted present value and adjusted cost of capital that take into account the tax effect of debt
Acquire an understanding of the tools, techniques and theoretical foundations of financial management in order to (1) understand how portfolio theory works, (2) provide financial decision-making support in both the certain and uncertain environments, and (3) properly value companies using the discount rate corresponding to each asset class.
les bases des mathématiques financières
Evaluation system :
2 notes :
- mid-term exam + Ongoing participation (40%)
- Final Examination (60%)
Courses and training exercises.
The sessions are 3 hours long and include an alternation between lessons, exercises and discussion.
The course topics will be presented by the teacher through presentations in support of visual aids (e. g. PowerPoint slides) and bibliographic materials such as books and articles. Throughout the course, students will have specific assignments to complete on topics and concepts seen in class. Ongoing participation and discussion with students will be encouraged in order to better assimilate the course content, as well as to better address the issues raised by students.
Programme grande école