Participants of this partial module learn to assess and analyze the decision making problems of a finance department. They will be able to understand the effects of the fiscal system on financial decisions and to correctly calculate the capital costs for a corporation. Students will be made familiar with the essential instruments and decision-making processes inherent to the financing of listed corporations (stocks, bonds, loans, convertible bonds and other structured products). They also learn to understand the key risks a modern corporation faces and how to use derivatives to manage risks. Students will also be familiar with basic pricing techniques for derivative instruments.
Semester 3 or higher
FIN 301 Investments and Asset Pricing
|Forms of teaching and learning||Contact hours||Independent study time|
|Lecture||2 SWS||7 SWS|
|Exercise class||2 SWS||6 SWS|
|Form of assessment||Written exam (90 min)|
Prof. Ernst Maug, Ph.D.
Prof. Dr. Stefan Ruenzi
Prof. Dr. Stefan Ruenzi / Prof. Ernst Maug Ph.D.
|Frequency of offering||Fall semester|
|Duration of module||1 semester|
|Range of application||B.Sc. BWL|
|Preliminary course work||Online Quizzes|
|Program-specific Competency Goals||CG 1|
|Literature||The course is based on the textbook „Principles of Corporate Finance“ by Richard A. Brealey, Stewart C. Myers, and Franklin Allen, 13th edition, published by McGraw-Hill 2019. Students may also rely on earlier editions.|
There are no other articles or further readings for this course. The book also contains practice questions and quizzes for self-study and a link to a website with further materials. Students can also use the previous editions (11th/2013 or 10th/
All lecture slides and exercise materials can be downloaded on Ilias. You will be able to access the material after registration via the student portal.