Ensimag Rubrique Formation 2022

Investing, Financing and Evaluating Corporations - 4MMIFEE

  • Number of hours

    • Lectures 16.5

    ECTS

    ECTS 1.5

Goal(s)

This course aims at presenting the financial mechanisms of the firm. Afirst objective of this partis to present the concepts and tools of investment and financing decisions. The students should then be able to apply these tools on concrete firms’ cases. A second objective of this part is to teach, and to make the students apply, the classical firm valuation methodologies.

Contact Sonia JIMENEZ (ÉP. BURLACU)

Content(s)

I.Investment and Financing decisions
1.The investment decision
2.Investment return
3.Investment risk
4.How to finance an investment ?
5.Trade-off between equity capital and debt
II.Firm Valuation
1.Discounted Cash Flows valuation methods
2.Valuation using multiples



Prerequisites

None

Test

100% Written exam of 2 hours



N1=E1
N2=E2

où E1: Session 1 exam
E2: Session 2 exam

Additional Information

Curriculum->For Financial Engineering->Semester 4

Bibliography

Gestion financière, B. Solnik
Décisions financières et création de valeur, M. Albouy
Principle of corporate finance, Brealey and Myers