After successful completion of the course, students are able to analyze and value most important types of financing, like e.g. overdraft facilities, long term bank, bonds, and loans, equity financing instruments, and based on that to make optimal financing decisions.

Furthermore students will be able to use capital market models, e.g. to determine capital costs, and to model the relationship between capital structure and company value.

Project and Enterprise Financing - what is similar, what is different

Credit Financing

Bond Financing

Equity Financing - Overview

Financial Leverage and Capital Structure

Public Equity Financing - Initial Public Offerings (IPOs)

Presentation of main teaching topics;

Calculation and discussion of exercises;

Discussion of cases

Test 1 (topics of the examination: written, solving of short case examples, achievable number of points: 35)

Test 2 (topics of the examination: written, solving of short case examples, achievable number of points: 35)

Several Take Home Exams (Solving of a case example and small exercises, in total achievable number of points: 30)