Financial Management and Investment Decisions
Brief description
- Basic terms of financial planning
- Static investment appraisal methods (cost comparison method, profit comparison method, average return method)
- Dynamic investment appraisal methods (net present value, internal rate of return, annuity etc.)
- Key questions of investment (consideration of risk and taxes, investment planning, optimal useful life)
- Various forms of financing
- Equity financing (esp. stocks, stock market, capital market)
- Internal financing (self-financing, financing through depreciation, financing through accruals etc.)
- Debt financing (bank loans, bonds, trade credit etc.)
- Innovative forms of financing (leasing, factoring, mezzanine financing etc.)
- Cash flow statements
- Financial planning and liquidity
Mode of delivery
face to face
Type
compulsory
Recommended or required reading and other learning resources/tools
Wala/Haslehner/Kreidl: Investitionsrechnung und betriebliche Finanzierung
Planned learning activities and teaching methods
Lecture, discussions, quizzes
Assessment methods and criteria
Continuous assessment: 30 points can be received through participation in class (mini tests, homework, online quizzes) and 70 points through a written final exam.
Infos
Degree programme
European Economy & Business Management (Bachelor)
Cycle
Bachelor
ECTS Credits
3.00
Language of instruction
German
Curriculum
Full-Time
Academic year
2023
Semester
3 WS
Incoming
No
Learning outcome
After successful completion of this course, students can
- name the various forms of financing, and to outline advantages and disadvantages,
- prepare a comparison to select adequate forms of financing,
- evaluate the liquidity situation
- select decision-relevant data for investment projects and aggregate them into meaningful reports
- identify use cases for static and dynamic investment appraisal methods
- apply dynamic investment appraisal methods to decide on the allocation of financial resources to investment projects and thereby
- help prepare investment decisions.
LO 3.2
LO 4.1
LO 5.1
Course code
0389-20-01-VZ-DE-23