Corporate Finance

Teaching is based on recent research materials and experience gathered from the practice. The pedagogy of the course is highly interactive. It envisages substantial participation and action learning. Teaching methods include group discussions of real cases and individual exercises. The emphasis is on helping students to relate the concepts, ideas and theories to real practice.

This subject aims to offer the students the necessary support to rationalize the companies’ financial problems, seeking to rigorously present a conceptual and methodological framework for their analysis. At the end of the course the students should be able to understand the main accounting financial statements of a company and how to rationalize the investment and financing decisions.

1. INTRODUCTION
1.1 The financial function.
1.2 Financial analysis and financial management goals.
2. FINANCIAL STATEMENT ANALYSIS
2.1 From the accounting statements to the financial statements for analysis.
2.2 Solvency and liquidity main indicators.
2.3 Profitability main indicators.
3. FINANCIAL MANAGEMENT
3.1 The investment decision.
3.1.1 General economic investment principles.
3.1.2 The elaboration of a project cash flow map.
3.1.3 Key evaluation criteria of investment decision.
3.2 The financing decision.
3.2.1 Characterisation of the main short-term and long-term financing sources.
3.2.2 Treasury management basic principles.
3.2.3 The capital structure policy and its main determinants.

NAO

1. Esperança, J.P., Matias, F., Finanças Empresariais. Editora Dom Quixote.
2. Hill, N.C., Sartoris, W.L., ShortTerm
Financial Management. PrenticeHall.
3. Ross, S.A., Westerfield, R.W., Jaffe, J., Corporate Finance. McGrawHill.
4. Rodrigues, João, SNC – Sistema de Normalização Contabilística – Explicado. Porto Editora.