The course is one of the core educational activities of the Bachelor's Degree Programme in Business Administration and Management. It is based on two modules: the first one provides the understanding of the functions that financial markets and intermediaries, in particular commercial banks, offer for the management and development of companies; the second one instead provides students with a basic knowledge of the main issues related to the financial management of non financial companies, with a focus on the investment policies, the financial structure choices and the cost of capital estimation.
The aim of the first part of the course is to provide understanding the conditions for companies to raise funds through financial markets and intermediaries. The aim of the second part is to provide the basic knowledge of the corporate finance, its principles and operating tools useful for the investing and financing corporate decisions in order to verify their contribution to the value creation.
In the first module, for what concerns financial markets, the course deals with the conditions defining risk and return profile of stocks and bonds; for what concerns financial institutions, the course deals with the main services and constraints to which the management of commercial banks is subject.
In the second module, after the presentation of the typical problems that the financial managers face and their objectives, the course will focus specifically on the financial planning process, the company financial decisions, within the financial markets, with a particular interest on the investment decisions, the financial structure choices and the cost of capital estimation.