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)
The first session is scheduled for Monday, March 7st, 2023, 18:00 c.t., in class (FH 1 lecture room).
The course is currently scheduled taking place in class (FH 1 lecture room), starting time is always c.t. (i.e. 15 minutes after the hour). We may switch to an online format if required by the Pandemic situation in March/April 2023 (i.e. Zoom, TUWEL online Test).
The TUWEL course with all materials (slides, 40+ videos (for most slides), exercises, take home exams) will be available from March 1st, 2023, onwards.
The document “PEF Outline (2023).pdf” (see TISS for downloading) provides further information about the schedule, assessment, and references.
Test 1 (topics of the examination: written, solving of short case examples, achievable number of points: 40)
Test 2 (topics of the examination: written, solving of short case examples, achievable number of points: 40)
Several Take Home Exams (Solving of a case example and small exercises, in total achievable number of points: 20)