The course deals the fundamental concepts related to corporate finance, focussing in particular on issues relating to investment decisions and financing.
In the first part of the course are introduced some key concepts related to the risk-return relation, to the economic and financial analysis of the firm and to the cost of capital before moving to the capital budgeting process in conditions of certainty and uncertain.
Part of the course is intended to resolve the problems in managing the working capital and especially in determining the credit strategies and the policies for increasing liquidity.
The role of the Business Plan in appraising the economic and financial convenience of a project is then explained and the construction of the document is deeply specified.
The last part of the course is aimed to resolve the financing mix decision: in particular a mark-to-book value methodology, as the EBIT/EPS is explained and moreover a part of the course is dedicate to the introduction of hybrid instruments and the methodologies to appraise their role in the financing mix.
During all the course the theoretical discussion is followed by a concrete and numerical example.