Teaching starts Autumn

Language of instruction Norwegian

Recommended previous knowledge Mathematics, Statistics, Financial Accounting and Analysis and Managerial Accounting

Learning outcomes During the course, students will learn: - Basic mathematical methods in finance - Theoretical and applied skills in valuation analysis (Net Present Value (NPV) and Internal Rate of Return (IRR)). - Tax issues in discounted cash flow analysis - Theory of equilibrium in capital asset markets (CAPM) - Discount factors for riskless and risky cash flows - Financing decisions - trade off between debt and equity - The strategy aspect of financial decisions - Ethical issues in finance

Course contents The course focuses on the company's capital budgeting and financial decisions. The course covers various investment analysis techniques in, and financing decisions for such investments (debt versus equity) at the company level. The theory of equilibrium in capital asset markets (CAPM) is central for understanding these issues.

Teaching methods Lectures and group work, 4-6 hours per week

Examination requirement Approved mandatory assignment

Assessment methods and criteria 4-hour written examination with graded marks

Type of course Theoretical

Level of course Undergraduate

Year of study Normally second year

Name of lecturer/contact person Head of Department Dag G.Aasland

Recommended or required reading Available on request

Mode of delivery Face-to-face