COURSE INFORMATION Course Title: FUNDAMENTALS OF CORPORATE FINANCE

Code	Course Type	Regular Semester	Theory	Practice	Lab	Credits	ECTS
BAF 233	B	3	3	0	0	3	5

Academic staff member responsible for the design of the course syllabus (name, surname, academic title/scientific degree, email address and signature)	NA
Lecturer (name, surname, academic title/scientific degree, email address and signature) and Office Hours:	Egis Zaimaj , Tuesday 9:00-11:00
Second Lecturer(s) (name, surname, academic title/scientific degree, email address and signature) and Office Hours:	NA
Teaching Assistant(s) and Office Hours:	NA
Language:	English
Compulsory/Elective:	Compulsory
Classroom and Meeting Time:	Friday
Course Description:	BAF 233 - Fundamentals of Corporate Finance: Finance function and role of financial manager, financial statements and analysis, cash flow concept, time value of money, risk versus return with a consideration of liquidity, financial forecasting, planning and control, working capital policy, current asset management, capital budgeting and related techniques.
Course Objectives:	The primary objective of this course is to familiarize the student with basic concepts of corporate finance which is the life blood of any business and its various decision variables in the areas of financing, investment and dividend decisions. This course will introduce you to the theories and techniques of managing capital resources and uses within the framework of shareholder wealth maximization. A substantial part of the course is devoted to the proper methods of computing cash flows and determining market values. In addition, we will examine the sources of capital available to businesses and learn how to allocate assets efficiently

COURSE OUTLINE

Week	Topics
1	Review of Syllabus: Introduction to the Course
2	Overview of Corporate Finance
3	Financial Statements, Taxes and Cash Flow
4	Working with Financial Statements
5	Quiz nr: 1
6	Introduction to Valuation: The Time Value of Money
7	Review Before Mid-Term Exam
8	Midterm Exam
9	Discounted Cash Flow Valuation
10	Interest Rate and Bond Valuation
11	Equity Markets and Stock Valuation
12	NPV and Other Investment Criteria
13	NPV and Other Investment Criteria
14	Review Before Final Exam

Prerequisite(s):	NA
Textbook:	Essentials of Corporate Finance, Stephan A. Ross, Randolph W. Westerfield and Bradford D. Jordan, McGraw-Hill 9th edition.
Other References:	Fundamentals of Corporate Finance, Brealey, Myers and Marcus (any edition)
Laboratory Work:	NA
Computer Usage:	Yes
Others:	No

COURSE LEARNING OUTCOMES

1	Understand the fundamental principles of corporate finance
2	Understand financial statements, taxes, cash flows and how to work with financial statements
3	Understand the ideas behind the time value of money and be able to calculate the value of cash flows for different financial instruments
4	Learn how to apply some very important methods like NPV, IRR and payback period used in capital budgeting
5	Analyze a range of real-life financial situations using the concepts, frameworks and theories learned throughout the course

COURSE CONTRIBUTION TO... PROGRAM COMPETENCIES (Blank : no contribution, 1: least contribution ... 5: highest contribution)

No	Program Competencies	Cont.
Bachelor in Business Informatics (3 years) Program
1	Identify activities, tasks, and skills in management, marketing, accounting, finance, and economics.	4
2	Apply key theories to practical problems within the global business context.	3
3	Demonstrate ethical, social, and legal responsibilities in organizations.	3
4	Develop an open minded-attitude through continuous learning and team-work.	3
5	Integrate different skills and approaches to be used in decision making and data management.	4
6	Combine computer skills with managerial skills, in the analysis of large amounts of data.	3
7	Provide solutions to complex information technology problems.	1
8	Recognize, analyze, and suggest various types of information-communication systems/services that are encountered in everyday life and in the business world.	1

COURSE EVALUATION METHOD

Method	Quantity	Percentage
Midterm Exam(s)	1	35
Quiz	1	10
Final Exam	1	45
Attendance		0
Other	1	10
	Total Percent:	100%

ECTS (ALLOCATED BASED ON STUDENT WORKLOAD)

Activities	Quantity	Duration(Hours)	Total Workload(Hours)
Course Duration (Including the exam week: 16x Total course hours)	16	3	48
Hours for off-the-classroom study (Pre-study, practice)	16	3	48
Mid-terms	1	10	10
Assignments			0
Final examination	1	15	15
Other	4	1	4
Total Work Load:			125
Total Work Load/25(h):			5
ECTS Credit of the Course:			5