Inhalte des Fachs

• Financial statements and cash flow
• Net Present value method
• Debt and equity financing, mezzanine instruments
• Fundamentals of capital budgeting
• Priniciples and techniques of corporate valuation
• Fundamentals of Corporate Finance theory (Portfolio Theory and the CAPM)

Qualifikationsziele des Fachs

On successful completion of this module students will be able to

• Understand the relevance and apply cash flow concepts (goal 4i)
• Decide on investment problems using methods of capital budgeting, especially NPV and IRR,  and comment on the usefulness of measures and possible alternative criteria (goals 1a, 2b, 4i)
• Know and assess different instruments of debt and equity financing (goals 1a, 1c, 3e, 4i, 5c-e)
• Understand the principles and use different techniques of corporate valuation (goals 4i, 5a)
• Understand problems of risk and return regarding financial decision making (goal 3a)

Verwendbarkeit des Fachs

This module is exclusively offered for the MBA Master of Business Administration. The module is taught in the first study phase which provides broad coverage of the main functional areas in business management. It is a prerequisite for all modules taught in the second study phase. This applies especially to the Elective Module "International Finance and Merger & Acquisitions".

Art der Prüfung/ Voraussetzung für die Vergabe von Leistungspunkten

Combined assessment.

Literaturangaben und Lernressourcen

The following recommendations refer to well-known publications in the field of study:

• Berk, Jonathan, DeMarzo, Peter: Corporate Finance, Pearson, current edition
• Hillier, Ross, Westerfield, Jaffe, Jordan: Corporate Finance, McGraw Hill, current edition

Information on core readings and recommendations regarding additional readings will be given by the lecturer at the beginning of the course.

Zusätzliche Informationen

Prof. Dr. Ursula Walther

Dr. Ursula Walther is a prominent professor of Finance at the Berlin School of Economics and Law, where she also serves as the Dean. Her academic journey began with a Doctoral Degree in Mathematics from the University of Gießen, focusing on cryptography. With expertise spanning Risk Management, Asset Management, and Financial Mathematics, Dr. Walther brings a wealth of knowledge to her role. Prior to her current position, she held academic and industry roles, including Professor of Financial Risk Management at the Frankfurt School of Finance and Management. In her teaching, she covers Financial Management, Investment, Financial Risk Management, and more. Dr. Walther's research focuses on investment strategies, risk management, and financing for both institutional and private investors, as well as SMEs.

Lehr- und Lernformen

Seminar, Workshop, and Self-Study.

Voraussetzungen für die Teilnahme

No prerequisites.