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ΧΡΗΜΑΤΟΟΙΚΟΝΟΜΙΚΗ ΔΙΟΙΚΗΣΗ

(MAF0223) -  ΖΑΠΡΑΝΗΣ ΑΧΙΛΛΕΑΣ-ΠΑΠΑΔΟΠΟΥΛΟΣ ΣΥΜΕΩΝ

Περιγραφή Μαθήματος

The course discusses the fundamental features of the Capital Asset Pricing Model  (CAPM) and explains the key characteristics of multi-factor models, including the arbitrage pricing theory (APT) and the three-factor model and expresses a reasoned and balanced judgment of the risk-return relationship in financial markets.

The course explains the function of stock markets, and discusses issues such as raising equity capital, long-term debt finance, short- and medium-term finance, treasury, and working capital management, stock market efficiency, and investment appraisal decisions. 

Ημερομηνία δημιουργίας

Σάββατο 9 Μαΐου 2020

  • Διδάσκοντες

    Αχιλλέας Ζαπράνης, Καθηγητής

    Γραφείο: ΗΘ427
    Τηλέφωνο: 2310891690
    Email: zapranis@uom.edu.gr
    Website: http://sites.uom.gr/zapranis/

    Συμεών Παπαδόπουλος, Αναπληρωτής Καθηγητής

    Γραφείο: ΗΘ222
    Τηλέφωνο: 2310891665
    Email: spapado@uom.edu.gr

    Περιεχόμενο μαθήματος

    Part I: Equilibrium Models

    • Week 1: Introduction to Arbitrage, CAPM, Factor Model
    • Week 2: Arbitrage Pricing Theory (APT)
    • Week 3: Empirical Valuation of CAPM, APT, and Factor Models
    • Week 4: Sources of Finance: Raising Equity Capital
    • Week 5: Sources of Finance: Short- and Medium-Term Finance
    • Week 6: Midterm Exam

    Part II: Investment Appraisal

    • Week 7: Introductory notions
    • Week 8: Net present value and internal rate of return
    • Week 9: Cash flow and applications (i)
    • Week 10: Cash flow and applications (ii)
    • Week 11: Capital rationing, taxation, and inflation
    • Week 12: The decision-making process for investment appraisal
    • Week 13: Final Exam

    Βιβλιογραφία

    • Arnold, G. (2012). Corporate Financial Management. Financial Times/Prentice Hall.
    • Fabozzi, F. J., & Peterson, P. P. (2003). Financial Management and Analysis. Wiley.

    Μέθοδοι αξιολόγησης

    Midterm & Final Exam