Risk Man­age­ment and Cor­por­ate Fin­ance

Course content

This course aims to cover important theoretical concepts in corporate finance and risk management, relate theory to empirical evidence, and apply theoretical insights to realistic examples with practical implications for financial professionals.

The course builds on the law of one price as the underlying theoretical principle and discusses how financial frictions affect decision-making. It is a fundamental finance course that complements introductory bachelor-level corporate finance courses.
 
The first part of the course provides the students with an understanding of corporate finance. The core elements covered in this part of the course are the valuation of investment projects, corporate finance policies, payout policy, and capital structure choice. The second part of the course investigates corporate risk management and covers financial options, real options, hedging of corporate risk, and international risk management.