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Class Finance

  • Presentation

    Presentation

    The CU of Finance develops core competences in Corporate Finance relevant to Management in general and Aeronautical Management in particular, working on real examples of companies with special emphasis to to those that operate in the Aeronautical Industry, working also on thematic points including dimensions related to business sustainability, value creation, risk and resilience.

  • Code

    Code

    ULHT1656-11765
  • Syllabus

    Syllabus

    1. Corporate Finance, Sustainability and Value
      1. The problematic of value in the context of Corporate Finance
      2. Notions of sustainability and value creation
      3. Aeronautical Industry - financial risk, sustainability and resilience
    2. Corporate Finance and Strategic Financial Management
      1. Financial information, financial analysis and performance in the context of Corporate Management
      2. Profitability Analysis
      3. Cash Flow Analysis
      4. Strategic Financial Decisions: investment decision and financing decision
      5. Discounted Cash Flow Method and Strategic Financial Valuation
    3. FinTech and Corporate Finance
      1. The Fourth Industrial Revolution and FinTech in the context of Corporate Finance.
      2. Sustainability, Financial Value and Exponential Technologies.
      3. The impact of FinTech in the aeronautical sector.

     

  • Objectives

    Objectives

    There are five outcomes to be fulfilled in the current curricular unit's learning-teaching process:

    • O1: To know the core concepts of Corporate Finance and how to operacionalize them in the scope of Aeronautical Management.
    • O2: To argue about the problem of sustainability and value creation in the context of Corporate Finance.
    • O3: To know how to analyze the corporate financial performance and propose appropriate measures in terms of Corporate Management.
    • O4: To know how to evaluate the strategic financial decisions, applying the Discounted Cash Flows Method.
    • O5: To reflect and argue about the main present transformation vectors coming from the Fourth Industrial Revolution and FinTech, as well as their impact on Corporate Finance.
  • Teaching methodologies and assessment

    Teaching methodologies and assessment

    Development of the CU with theoretical and practical basis applied to Corporate Finance, working the line of Aeronautical Finance, linked to the international R&D project "Finance" (https://sites.google.com/view/finance-research-project) developed in connection with the Netlogo Modeling Commons platform of the Center for Connected Learning and Computer-Based Modeling (CCL) (https://ccl.northwestern.edu/) of Northwestern University,  with models applied to Finance, available on the project's page on this platform with the code "#MC195 Finance" http://modelingcommons.org/projects/195. The project includes articles presented and debated in class, production of webinars covering the subject taught and made available on the project's website, as well as in the playlist: https://youtube.com/playlist?list=PLmLUR-kyF1qWwB-n7lDCGpOWm2D8rWRhY, and technological production integrated in class.

  • References

    References

    • Brealey, R.A., Meyers, S.C., Allen, F. (2007). Principles of Corporate Finance, McGraw-Hill/Irwin.
    • Higgins, R.C. (2008). Analysis for Financial Management, McGraw-Hill/Irwin.
    • Mei, Len (2022). Fintech Fundamentals: Big Data / Cloud Computing / Digital Economy. Mercury Learning and Information.
    • Reed, J. (2016). FinTech: Financial Technology and Modern Finance in the 21st Century. CreateSpace.
    • Gonçalves CP (2022). Coupled Stochastic Chaos and Multifractal Turbulence in an Artificial Financial Market. International Journal of Swarm Intelligence and Evolutionary Computation, 11:7.
    • Gonçalves, C.P. (2015). Financial Market Modeling with Quantum Neural Networks. Review of Business and Economics Studies, 3(4):44-63.
    • Gonçalves. C.P. (2013). Quantum Financial Economics - Risk and Returns. Journal of Systems Science and Complexity, April, 26(2):187-200.

     

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