Course description forØABED4800 Advanced Corporate Finance

Introduction

Corporate finance consists of the financial activities related to running a corporation with a focus on maximizing shareholder value. This course in advanced corporate finance looks at current research articles published in top academic journals to identify how companies implement corporate finance activities in practice.

Recommended preliminary courses

Applied Statistical Methods (Statistiske metoder) and Corporate finance (Finansstyring)

Learning outcomes

On successful completion of this subject the candidate will have the following knowledge, skills and general competence.

Knowledge

The student has

  • advanced knowledge about how companies raise private and public capital, decide on capital structures and implement valuations
  • advanced knowledge about how companies can engage in value enhancing strategies and complete mergers and acquisitions (M&As)
  • advanced knowledge about how companies determine payout policies and executive compensation

Skills

The student can

  • review and discuss key concepts in corporate finance
  • apply knowledge acquired and relevant theories to his/her work with his/her master's thesis

Competence

The student is able to analyze and propose solutions to contemporary corporate finance problems managers of companies face in their day to day business.

Content

  • Company structures.
  • Private Equity and Venture Capital.
  • Initial Public Offerings (IPOs).
  • Raising Long term Capital (SEOs + Debt).
  • Valuation.
  • Mergers and Acquisitions (M&As).
  • Value Enhancing Strategies.
  • Capital Structure.
  • Payout Policy.
  • Corporate Governance.
  • Executive Compensation.

Teaching and learning methods

The course is taught in plenary lectures, and students work on and discuss different assignments in groups and plenary sessions. Students are expected to play an active role in lectures and seminars. Students will also be required to discuss papers and course themes during lectures and seminars.

Course Requirements

Students have to hand in written assignments by set deadlines during the semester. Approval of the assignments is a condition for taking the exam. If the assignment is not approved, the student will be given one opportunity to submit an improved version. The lecturer will inform students of deadlines for submission.

Assessment

There is one final 4-hour exam at the end of the semester.

Students who fail the exam and students with legitimate absence from the exam are entitled to a new/deferred exam according to Regulations relating to Studies and Examinations at OsloMet.

Permitted Exam Materials and Equipment

One dictionary (Native language-English/English-native language or English-English).

Calculator (as specified in regulations for use of calculator).

Grading scale

Grades are on a scale from A-E for passing grades and F for fail.

Examiners

An external sensor will together with the internal sensor grade the exam.

Course information

Course name in Norwegian
Advanced Corporate Finance
Study programme
Fall: Masterstudium i økonomi og administrasjon / Oslo Business School, Exchange Programme
Weight
10 ECTS
Year of study
2019
Curriculum
FALL 2019
Schedule
FALL 2019
Programme description
Fall 2019: Masterstudium i økonomi og administrasjon / Oslo Business School, Exchange Programme
Subject History