| First cycle degree courses | Second cycle degree courses | Single cycle degree courses |
| School of Economics and Political Science | ||
| ECONOMICS AND FINANCE | ||
Course unit
ADVANCED CORPORATE FINANCE AND ACCOUNTING
EPP6077359, A.A. 2018/19
Information concerning the students who enrolled in A.Y. 2018/19
ADVANCED CORPORATE FINANCE AND ACCOUNTING
EPP6077359, A.A. 2018/19
Information concerning the students who enrolled in A.Y. 2018/19
Information on the course unit
| Degree course |
Second cycle degree in ECONOMICS AND FINANCE EP2422, Degree course structure A.Y. 2017/18, A.Y. 2018/19 |
 bring this page with you |
|---|---|---|
| Degree course track | Common track | |
| Number of ECTS credits allocated | 12.0 | |
| Type of assessment | Mark | |
| Course unit English denomination | ADVANCED CORPORATE FINANCE AND ACCOUNTING | |
| Website of the academic structure | http://www.economia.unipd.it | |
| Department of reference | Department of Economics and Management | |
| Mandatory attendance | No | |
| Language of instruction | English | |
| Branch | PADOVA | |
| Single Course unit | The Course unit CANNOT be attended under the option Single Course unit attendance | |
| Optional Course unit | The Course unit can be chosen as Optional Course unit |
Lecturers
| Teacher in charge | Teacher in charge not defined yet. | ||
|---|---|---|---|
| Other lecturers | FABIO BUTTIGNON | SECS-P/09 | |
ECTS: details
| Type | Scientific-Disciplinary Sector | Credits allocated | |
|---|---|---|---|
| Core courses | SECS-P/07 | Business Administration | 12.0 |
Course unit organization
| Period | Second semester |
|---|---|
| Year | 1st Year |
| Teaching method | frontal |
| Type of hours | Credits | Teaching hours |
Hours of Individual study |
Shifts |
|---|---|---|---|---|
| Lecture | 12.0 | 84 | 216.0 | No turn |
| Prerequisites: | Basic knowledge of business economics, corporate finance and accounting |
| Target skills and knowledge: | Advanced knowledge of: Reformulation of the financial statements; Firm Valuation; Earnings forecasting; Growth Analysis; Financial planning and Analysis; M&As; Private Equity; Financial restructuring. |
| Examination methods: | Written exam (open and/or multiple choice
questions and/or exercises) |
| Assessment criteria: | Students will be graded based on their conceptual understanding of the topics as well as on their ability to properly apply such concepts and related methodologies |
| Course unit contents: | Module A (taught by Michele Pinelli)
- Financial statements' analysis and reformulation - Valuation models (DCF,DDM, RE, AEG) - Analysis of profitability - Analysis of sustainable growth - Simple Forecasting and Valuation - Full Pro Forma Analysis, Risk, and Sensitivity Analysis - Quality Analysis of the Financial Statements Module B (taught by Fabio Buttignon): - Corporate portfolio strategy (best owner principle and steps in constructing a portfolio of businesses); - Capital structure (debt and equity - level and framework - to support business and corporate strategy); - Venture capital and private equity (features and role in supporting firm growth and restructuring); - Debt offering; - Equity offering (IPO); - Mergers and acquisitions (tools for corporate growth and restructuring); - Financial restructuring (financial tools for managing the firm’s financial and operating crisis) |
| Planned learning activities and teaching methods: | Lectures, conceptual and practice exercises, case analysis |
| Additional notes about suggested reading: | Course materials on the e-learning platform include support charts, papers, and excel files templates.
The following book provides a good introduction to the course: Koller, T., Goedhart M., and Wessels, D. Valuation. New York: John Wiley & Sons, 2015, 6th edition. Useful Websites: http://people.stern.nyu.edu/adamodar/. Website of prof. A. Damodaran, to search for market data and other materials for corporate valuation and case study. http://www.borsaitaliana.it/azioni/azioni/azioni.htm. Website of Borsa Italiana, to search for materials for the case study (Documents and reports, Study researches). http://it.reuters.com/investing/stocks. Useful website for extracting data of listed firms (financials, multiples and beta included) https://seekingalpha.com/. Useful website for extracting data of listed firms (financials, multiples and beta included) |
| Textbooks (and optional supplementary readings) |
|
- Lecturing
- Problem based learning
- Case study
