FINANCING HIGH GROWTH FIRMS
|Academic year||2020/2021 Syllabus of previous years|
|Official course title||FINANCING HIGH GROWTH FIRMS|
|Course code||ET7012 (AF:304953 AR:170916)|
|Modality||For teaching methods (in presence/online) please check the timetable|
|Degree level||Bachelor's Degree Programme|
|Educational sector code||SECS-P/09|
|Moodle||Go to Moodle page|
1. Historical and future cash flows dynamics and their determinants
2. Short and long-term financing instruments: stocks, bonds and other financing instruments
3. Capital budgeting techniques: investing to create value for all stakeholders
4. Non-financial capital budgeting techniques: the financial compatibility
5. The capital structure puzzle and the cost of capital
For attending students, the exam will be composed as follows:
• written exam, worth 60% of the grade. Students must pass this part for the grade to be valid;
• group activity, worth 30% of the grade and consisting of a team project (3-5 students involved), whose details will be communicated via Moodle;
• individual activity, worth 10% of the grade, consisting of quizzes available on Moodle for a limited amount of time.
This way of testing students' preparation should contribute to foster learning and facilitate meaningful exchanges across all participants. The details about the individual and group activities will be provided via Moodle.
All attending students are required to take part in the class activities and in individual and group activities. All such activities are mandatory for attending students. All students that do not complete either the individual or the group activities by the deadline will be automatically considered non-attending students.
For non-attending students the individual and group activities are not mandatory. They must pass the written exam (equal to the exam for attending students) and after that an oral exam. Non-attending students must agree their status with me and be cleared by me to follow the alternative course modality before week 3 of the course.
The written exam (for both attending and non-attending students) is made up of 20 multiple-choice questions in 25 minutes. Each multiple-choice question is worth 1 point and no penalization will be applied for uncorrect answers.
During the exam, it is not possible to use notes, books, slides or any other material, cell phones or other devices. The exam verifies the general knowledge of the students over the course topics. To pass the student needs to have at least 12 points (then transformed on a 30-point scale). The exam can be taken during the formal exam dates only.
The final grade for attending students will be the average of all the required activities, provided that the written exam grade is at least equal to 18/30. The weighted average of the final grade uses the weights listed above. The student passes the exam if the average grade is greater or equal to 18.
The final grande for non-attending students will be the average between the written and the oral part.
The distinction will be awarded at the discretion of the instructor.