Study-unit CORPORATE FINANCE
| Course name | Business administration |
|---|---|
| Study-unit Code | A001623 |
| Location | PERUGIA |
| Curriculum | Accounting and consulting |
| Lecturer | Loris Lino Maria Nadotti |
| Lecturers |
|
| Hours |
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| CFU | 9 |
| Course Regulation | Coorte 2023 |
| Supplied | 2024/25 |
| Supplied other course regulation | |
| Learning activities | Caratterizzante |
| Area | Aziendale |
| Sector | SECS-P/11 |
| Type of study-unit | Obbligatorio (Required) |
| Type of learning activities | Attività formativa monodisciplinare |
| Language of instruction | Italian |
| Contents | The course is devoted to the description and the practical application of tools and advanced techniques of enterprise financial management. It aims to provide useful knowledge to determine the financial needs, to design new business initiatives and control on the creditworthiness and the solvency. In particular, we examine the issues related to the financing of new companies and the following general topics: the contents of the financial function; the determination of the multi-annual financial needs and the management of working capital; management of bank loans and venture capital; analysis and management of the enterprise value; the financing of innovation and start-up business. |
| Reference texts | L. Nadotti (a cura di), Finanziamenti d’impresa, Milano, Mc Graw-Hill Education - Create, 2017. Nadotti L., Gallo M., Martelli D., Vannoni V., Il finanziamento delle start-up innovative, Torino, ISEDI – De Agostini Scuola, 2023. Other texts recommended for further study: Brealey R.A., Myers S.C., Allen F. and S. Sandri (2011), Principi di Finanza aziendale 6/ed., McGraw-Hill, Milan.- Dessy A. and J. Vender, Capitale di rischio e sviluppo dell’impresa, Milan, Egea, 2001. |
| Educational objectives | Students who have passed the exams can apprehend the basic techniques of financial management of enterprises and to understand and evaluate information from financial markets. |
| Prerequisites | In order to understand the course content and achieve the objectives of learning for both students attending, and for those not attending it is important to know: the basic concepts of political economy, business economics, economics of financial intermediaries an financial instruments; the basics of reading and analysis of company financial statements; the basics of financial mathematics (interest, discount, present value, amortization schedules);the basic concepts of private law, contracts and obligations, commercial and corporate law. |
| Teaching methods | Theoretical lessons and practical training; Seminars |
| Other information | Student service hours: Tuesday 10:00 - 13:00 Attendance of lessons optional but strongly recommended. |
| Learning verification modality | The written exam consists of three open questions that have the function of admission to the oral test held on the same day or in the days immediately following. For students who attend the lessons, a mid-term practical test will be scheduled during the April 2024 study break, the results of which will compete for the overall assessment of exams conducted by September 2024 |
| Extended program | Tasks and evolution of the financial function in the enterprises. The financial function in small and medium enterprises and in start-up business. The analysis, in the financial perspective, of the economic and accounting data of firms for the assessment of credit worthiness. Tools and methods for the analysis of industrial investments. Financial plans and definition of business objectives. The social venturing and the impact investing. Preparation and use of business plans for start-ups. Growth of the business and financial needs: an analysis of the sustainable development. Long-term financial needs and the preparation of forward looking balance sheets. The financial requirements for working capital and the management of bank loans. The financing of fixed capital. Financing with medium-long term debt. The financing from the market by venture capital. The financing of the innovation of enterprises. The capital increases and the evaluation of the "intangible" assets. The value of planning in firms: risk, cost of capital, economic value added. Research and innovative start-ups. The financing of the innovation. The Italian rules for innovative startups. The spinoff of research, support services and incubation in Italy |
| Obiettivi Agenda 2030 per lo sviluppo sostenibile | Social Venturing and impact investing. Business planning for innovative Firms. The Social and No Profit Startups |