Finance
This course deals with portfolio and capital market theory, stock pricing principles and models, as well as the valuation and risk of bonds and derivatives. Furthermore, the course focuses on the financing of companies, how to manage company risk, international projects and foreign debt. Ethical and professionalstandards are also discussed in this course.
For students who can document that the exam for CFA Level 1 s passed, the course is voided.
It is possible to apply for admission to the course as a single course. There are reservations about the available capacity on the course. The applicant must meet the current admission requirements for bachelor's degree in business administration.
After completing the course, the student should have required the following learning outcomes:
Knowledge
- Be familiar with how capital markets function and how they may be favorably utilized.
- Have knowledge about the development in capital markets and about securities in these markets.
- Understand the pricing of securities and their risk characteristics.
- Understand the consequences of debt financing versus equity financing.
- Have knowledge about important relationships in currency markets.
- Have knowledge about ethical standards and related evaluation.
Skills
- Be able to employ theories and models on important problems in finance.
- Be able to perform calculations related to return and risk for projects, securities and sources of capital.
- Be able to make decisions on how to finance the company's assets (debt versus equity) and how to spend annual profits (dividend policy).
- Be able to demonstrate how risk may be managed by using derivatives and other financial instruments.
- Be able to perform profitability analyses related to international projects and foreign debt.
- Be able to make evaluations and decisions based on ethical standards.
Competence
- Be able to communicate, both in writing and orally, the above-mentioned elements related to knowledge and skills.
- Be able to use this insight on different relevant problems.
- Be able to exchange views and experience with other people having background in the field of business and thereby contributing positively to good practice.
Compound evaluation, grading scale Letter grades A-F
- Assessment task 1, comprises 0/100 of the grade, grading scale Approved/ Not approved.
- Assessment task 2, comprises 0/100 of the grade, grading scale Approved/ Not approved.
- Digital school exam, 4 hours, comprises 100/100 of the grade, grading scale A-F. Students solve the whole exam directly in Inspera. The whole or parts of the exam can be solved with the help of Excel.
Excel, a simple calculator and bilingual dictionary. Generating an answer using ChatGPT or similar artificial intelligence and submitting it wholly or partially as one's own answer is considered cheating.
