Analysing of typical investment processes as part of an internationalization strategy. Discussion of advantages and risks of investment decisions made based on classical investment criteria.
The objective of the course is to increase the understanding of
• financial aspects of investment decisions,
• the essentials of financial planning,
• the meaning of value creation,
• the relevance of the capital structure,
• parent vs subsidiary perspective,
• the importance of risk consideration and
• particularities of international investments.
1. Introduction
2. Pro forma Financial Statements
3. Cash Flows: Cash Flow Identity and Free Cash Flows
4. Investment Criteria
5. International Capital Cost
6. Risk Management
7. International Aspects