Teaching Methodologies
Examine a series of real business case studies drawn from various industries which feature an array of
financial decisions. The learning experience is based on classroom discussion, group work, case studies and
lectures where you will learn to apply advanced corporate finance techniques to complex financial situations.
The students will be continuous assessment with three components:
1. Participation and attendance: 5%;
2. Group assignment: 35%;
3. Written test: 60%.
Students can also apply for a final exam (100% of the final grade) concerning all topics of syllabus.
Learning Results
This module aims to help students apply the relevant skills and exercise professional judgment as expected of
a senior financial executive or advisor, in taking or recommending decisions relating to the financial
management of an organization, leveraging on knowledge gained from corporate finance I.
The course provides insights on some recent topics in finance, many of which involves advanced evaluation
techniques and other issues related to the optimal capital structure, financing project, repurchases, dividends
policy, IPO´s, investments in emerging markets and behavioral finance.
Program
• how to value companies, using multiples and discounted cash flow analysis
• cost of capital estimation in emerging markets
• optimal capital structure and the link to strategy
• raising equity and debt capital in global markets
• payout policy including dividends and share repurchases
• the use of project finance
• the real options on valuing investments
• Capital raising: Theories and evidence of initial public offering (IPO); seasoned equity offering (SEO)
anomalies and valuation of IPO companies
• adjust cost of capital and expected cash flows to value crossborder
investments (case study)
• adapt a company’s capital structure to specific circumstances and corporate strategies
Internship(s)
NAO
Bibliography
1. Brealey, R., S. Myers F. Allen (2007): Principles of Corporate Finance,7ª edição, McGrawHill
Inc.
2. Copeland E., Weston, J. F., and Shastri, K. (2004): Financial Theory and Corporate Policy, 4ª edição AddisonWesley.
3. Damodaran, Aswath (1996): Investment valuation – tools and techniques for determining the value of any
asset, John Wiley & Sons, Inc.
4. Damodaran, Aswath (1997): Corporate finance – theory and practice, John Wiley & Sons, Inc.
5. Esperança, José Paulo; Matias, Fernanda, 2005, Finanças Empresariais, Publicações Dom Quixote.
6. Ferreira, M.; A. Mota e J. P. Nunes (2004): Finanças Empresariais: Teoria e Prática, Publisher Team.
7. Grinblatt, M. and S. Titman, (2002): Financial Markets and Corporate Strategy (2nd ed.), Irwin/McGraw Hill.
8. Ross S., Westerfield R., J. Jaffe (2005): Corporate Finance, 7ª edição, McGrawHill.
9. Stefano M., Lacus, (2011): Option Pricing and Estimation of Financial Models