Cases in corporate finance

Course	V-763-COR2
Semester	20241
ETCS	7,5
Core	No

Year	1. year
Semester	Spring 2024
Level of course	5. Second cycle, intermediate
Type of course	Elective
Prerequisites	V-755-CORP, Corporate Finance
Schedule	3 sessions, 16 hours each
Lecturer	Thomas Walker
Content
This course focuses on applying the theories, models, and tools covered in V–755–CORP Corporate Finance. Real-life cases are analyzed and used to identify information that is necessary for managerial decision making and to develop suggestions and solutions for actual decision making in the context of corporate finance. The cases focus on various areas within the field of corporate finance, e.g. cost of capital, cash flow estimation, valuation.
Learning outcome - Objectives
Upon completion of the course students have a deep knowledge of solving corporate finance cases. This includes: •Combine and apply insight from corporate finance to perform accurate and correct calculations and to show and explain all relevant calculations. •State the assumptions behind the theories / methods / models used. •Independently combine and logically structure the corporate finance vocabulary / theories / methods / models / regulatory/institutional/ practical knowledge, and empirical evidence to solve the corporate finance cases. Students develop their skills to create value. This is done by: •Solving complex real life corporate finance problems. •Presenting their results in front of an audience. •Participating in discussions (active participation). Students develop their competencies to act as managers by solving real life problems.
Course assessment
•             Students are divided into four groups. Note: Number of groups may change according to the number of students attending the course. •             Each group is responsible for presenting one case in the classroom (20% weight in the final grade). •             Each group hand in four full case answers to the four cases (15% weight in the final grade each). Each group is not allowed to work together with other groups, and each group is not allowed to receive any form of help (honor code). The completed answer by each group must not exceed 8 pages (12 pt, 1.5 line distance, and standard page) exclusive front page, and bibliography in total. To prevent plagiarism and copying all assignments should be passed through Turn-It-In. Each group upload a PDF version of their assignments (case answers) in Canvas AND in Turn-It-In AND send a copy to cp.fi@cbs.dk. Each group does not need to upload the Turn-It-In report in Canvas. I will log on Turn-It-In after the submission deadline and see the originality report. The benefit for students is that you do not need to worry about the time it takes for Turn-It-In to generate the report that eventually could bring you into trouble with respect to the deadline. The deadline for submission / upload: TBA at noon GMT.•             In group work everybody shall make his/her own contribution. The group itself cannot be held responsible for anyone not contributing to the overall success of the group but benefitting from the group’s work. RU requires that students always put forth their best effort in group work and make sure that their contribution is equivalent to that of others. If a group member does not contribute appropriately, the group shall notify the respective student of their displeasure sufficiently long before the group work ends so that the situation can be rectified. If the opinion of the group is that a group member, in spite of criticism from the others in the group, has not contributed sufficiently, the group shall notify their instructor who shall then, depending on circumstances, confer with the Program Council on possible solutions to the matter. Instructors are allowed to give different grades to group members when there is reason to believe that contributions differ greatly. •             Students are responsible for submitting/uploading assignments. The deadline is not extended. An instructor is allowed to lower the grade of students who submit assignments too late and not accept assignments, if they are submitted exceedingly late. In this course you will get 0 for an assignment handed in too late. •             Individual class participation (20% weight in the final grade). If you do not show up in class you do not contribute to the discussion in class and the learning in the classroom. Therefore, no show results in a lower grade than if you show up and make points in class. If the weighted average of your six grades is at least 6.0 you have passed the course
Reading material
No reading material found.
Teaching and learning activities
In general, the seminars are structured as follows:•Lectures.•Student presentation (group basis) of the cases and class discussions.•Feedback from lecturer on written cases handed in by students on a group basis.•Company visit and insight into how corporate finance work / is used in practice in Iceland. •Guest speaker gives a speech on a core area within corporate finance.
Language of instruction	English