Study-unit CORPORATE FINANCE

Course name Finance and quantitative methods for economics
Study-unit Code 20A00065
Location PERUGIA
Curriculum Statistics for finance and economics
Lecturer Loris Lino Maria Nadotti
Lecturers
  • Loris Lino Maria Nadotti
  • Valeria Vannoni
Hours
  • 21 ore - Loris Lino Maria Nadotti
  • 42 ore - Valeria Vannoni
CFU 9
Course Regulation Coorte 2018
Supplied 2018/19
Learning activities Caratterizzante
Area Aziendale
Sector SECS-P/11
Type of study-unit Obbligatorio (Required)
Type of learning activities Attività formativa monodisciplinare
Language of instruction Italian
Contents The course is devoted to the description and the practical application of tools and advanced techniques of enterprise financialmanagement. It aims to provide useful knowledge to determine the financial needs, to design new business initiatives and control on the creditworthiness and the solvency. In particular, we examine the issues related to the financing of new companies and the following general topics: the contents of the financial function; the determination of the multi-annual financial needs and the management of working capital; management of bank loans and venture capital; analysis and management of the enterprise value; the financing of innovation and start-up business.
Reference texts L. Nadotti, Finanziamenti d’impresa, Milano, Mc Graw-Hill Education - Create, 2017Nadotti L. (a cura di), Progettazione e finanziamento delle imprese startup, Torino, ISEDI – De Agostini Scuola, 2013. 2013.(The book is available for download, by paying a lower price than the print edition, on pagewww.readmelibri.com, entering as a key word to search the author's name ("Nadotti") or a word that is in the title of the book). Books for further study:- Brealey R.A., Myers S.C., Allen F. and S. Sandri (2011), Principlesof Corporate Finance 6/ed. (Principi di Finanza aziendale 6/ed,), McGraw-Hill, Milan.- Dessy A. and J. Vender, Capitale di rischio e sviluppo dell’impresa, Milan, Egea, 2001.
Educational objectives Students who have passed the exams can apprehend the basic techniques of financial management of enterprises and to understand and evaluate information from financial markets.
Prerequisites In order to understand the course content and achieve the objectives of learning for both students attending, and for those not attending it is important to know:the basic concepts of political economy, business economicseconomics of financial intermediaries an financial instruments;the basics of reading and analysis of company financial statements;the basics of financial mathematics (interest, discount, present value, amortization schedules);the basic concepts of private law, contracts and obligations, commercial and corporate law.
Teaching methods Theoretical lessons and practical training; Seminars
Other information Student service hours: Tuesday 10:00 - 13:00 Attendance of lessons optional but strongly recommended
Learning verification modality The written exam consists of three open questions that have the function of admission to the oral test held on the same day or in the days immediately following.For students who attend the lessons, a mid-term practical test will be scheduled during the April 2019 study break, the results of which will compete for the overall assessment of exams conducted by September 2019
Extended program Tasks and evolution of the financial function in the enterprises.The financial function in small and medium enterprises and in start-up business.The analysis, in the financial perspective, of the economic and accounting data of firms for the assessment of creditworthiness.Tools and methods for the analysis of industrial investments. Financial plans and definition of business objectives. The social venturing and the impact investing.Preparation and use of business plans for start-ups.Growth of the business and financial needs: an analysis of the sustainable development.Long-term financial needs and the preparation of forward lookingbalance sheets.The financial requirements for working capital and the management of bank loans.The financing of fixed capital. Financing with medium-long term debt.The financing from the market by venture capital.The financing of the innovation of enterprises.The capital increases and the evaluation of the "intangible" assets.The value of planning in firms: risk, cost of capital, economic value added.Research and innovative start-ups. The financing of the innovation.The Italian rules for innovative startups.The spinoff of research, support services and incubation in Italy