Financial Management for Agricultural Companies

The course unit is based on recent research materials and on experience acquired through practice. The course is strongly interactive. It aims students participate and know-how-based learning.

The learning methods include discussion and analysis of real cases, supporting students to understand concepts, ideas and theories to real practice.

Classes are theoretical and practical, presence (and active participation) in class is optional, although strongly advised.

To provide the student with the basic principles of Financial Management and the fundamentals for the definition of policies of company control, investment, financing and profit distribution, directed at agricultural companies.

In addition to topics related to value creation, the course also intends that the student can obtain critical sense and scientific skills to conduct research work in this area.

At the end of the course, the student should be able to:

1. Understand current theoretical and practical aspects in order to apply business techniques to real situations;

2. Understand and know the decisions of investment, financing and control of a company

.Introduction

1.1.         Paradigm and scope of financial management

1.2.         The Evolution of Financial Management

1.3.         Financial Markets and Instruments

1.4.         Regulation of corporate control

2.Financial Analysis

2.1.         Financial Statements

2.2.         Financial balance, profitability, flows, productivity

3.Investment Policy: Introduction

3.1.         The economic and financial decision to implement an investment project

3.2.         Decision criteria in the acceptance of projects

4.Financing Policy

4.1.         The importance of capital structure

4.2.         The main financing sources (medium and long term)

5.Profit distribution and growth

5.1.         The Different Forms of Profit Distribution

5.2.         Main determinants of the profit distribution policy

6.Treasury Management

6.1.         Basic principles of treasury management

6.2.         Management of working capital

6.3.         The main sources of short term financing

7.Financial Planning (medium and long term)

NAO

Main Bibliography

1. Brealey, Richard A., Stewart C. Myers, and Franklin Allen (2020), Principles of Corporate Finance, McGraw-Hill.

2. Fernandes, C., C. Peguinho, E. Vieira, J. Neiva, (2019), Análise Financeira – Teoria e Prática – Aplicação no âmbito do SNC, Edições Sílabo.

3. Neves, J. C., (2012), Análise e Relato Financeiro – Uma Visão Integrada de Gestão; Texto Editores.

4. Vieito, J. P., Maquiera, C. P., Finanças Empresariais – Teoria e Prática (2013), 2ª edição. Escolar Editora.

5. Vidigal da Silva, J. Ferreira, P. J. S. (2018), Princípios de Gestão Financeira, 2ª Edição, Rei dos Livros.

Bibliografia Complementar

1. Hawawini, G. and Viallet, C. (2015), Finance for Executives – Managing for Value Creation, 5th edition. SouthWestern Cengage Learning.
2. Hillier, David, S. Ross, R. Westerfield, J. Jaffe, B. Jordan (2014), Corporate Finance (European Edition), 2nd edition. Mcgraw-Hill.
3. Ross, S., R. Westerfield, J. Jaffe, and B. Jordan (2015), Fundamentals of Corporate Finance, McGraw-Hill.
4. Vernimmen, P., Quiry, Pascal, Dallocchio, Maurizio, Le Fur, Y., Salvi, A. (2014), Corporate Finance – Theory and Practice, 4th edition. John Wiley & Sons.