Investment and Financing
BBWL-310
P420-0082
bbw2
4
V
5
3
yes
German
Written exam (90 min. / Can be repeated semesterly)
BBWL-310
Business Administration
3
mandatory course
BBWL-310
Business Administration
3
mandatory course
BBWL-2020-310
Business Administration
3
mandatory course
60 class hours (= 45 clock hours) over a 15-week period.The total student study time is 150 hours (equivalent to 5 ECTS credits).There are therefore 105 hours available for class preparation and follow-up work and exam preparation.
BBWL-110
Introduction to Business Administration
BBWL-140
Mathematical Economics 1
BBWL-240
Mathematical Economics 2 and Statistics 1
BBWL-564/664
Specialization (SP) Module 4: International Finance
Prof. Dr. Matthias Gröhl
mgr
Prof. Dr. Matthias Gröhl
mgr
After successfully completing this module students will be able to do the following in the field of investment:
- describe the objectives of capital budgeting,
- describe and differentiate between static and dynamic investment calculation methods,
- discuss the advantages and disadvantages of investment calculation methods,
- apply the methods of static and dynamic investment calculation procedures to tasks,
- explain the approaches to selected problems in investment accounting,
- calculate the influence of income taxes, the optimum useful life and the optimal investment program.
In the field of financing students will be able to:
- explain the importance of financing in the context of business functions,
- describe and distinguish between debt and internal financing,
- name the financing instruments of self- and debt financing,
- name and describe the possibilities of equity capital for different legal entities,
- calculate the regular capital increase of a public stock corporation,
- illustrate the instruments of short and long-term external financing with regard to their areas of application,
- create interest and repayment plans,
- calculate the effective yield according to the mean value method for bonds and trade credits,
- recognize the importance of cash flow for corporate financing,
- explain how financing potential arises from depreciation and provisions,
- describe the capacity-increasing effect,
- explain the meaning and purpose of horizontal capital structure rules and be able to apply the resp. calculation formulas,
- determine long-term and short-term capital requirements,
- create short-term liquidity planning.
Investment
• Static investment calculation
- Cost comparison calculation
- Profit comparison method
- Profitabilty calculation
- Comparative amortization calculation
Dynamic investment calculation
- Net present value (NPV) method
- Annuity method
- Internal rate of return (IRR)
- Final asset value method
• Selected problems with regard to investment decisions
Financing
• Debt financing
- Deposit and equity financing
- External financing
• Internal financing
- Cash flow financing
- Financing from asset redeployment and equity release
• Capital structure and debt policy
- Optimizing the vertical capital structure
- Leverage effect
- Financing rules for the horizontal balance sheet structure
• Capital budgeting and financial planning
- Concept and tasks of financial planning
- Capital budgeting and liquidity planning
Lecture and tutorial
Becker, H.P.: Investition und Finanzierung, aktuelle Auflage, Wiesbaden [e-book]
Bieg, H./Kußmaul, H.: Investition, aktuelle Auflage, München.
Bieg, H./Kußmaul, H.: Finanzierung, aktuelle Auflage, München.
Bösch, M.: Finanzwirtschaft, aktuelle Auflage, München.
Gräfer, H./Schiller, B./Rösner, S.: Finanzierung, aktuelle Auflage, Berlin.
Hölscher, R.: Investition, Finanzierung und Steuern, aktuelle Auflage, München.
Jahrmann, F.-U.: Finanzierung, aktuelle Auflage, Herne.
Perridon, L./Steiner, M./Rathgeber. A.W.: Finanzwirtschaft der Unternehmung, aktuelle Auflage, München.
Wöhe, G./Bilstein, J./Ernst, D./Häcker, J.: Grundzüge der Unternehmensfinanzierung, aktuelle Auflage, München.
Zantow, R.: Finanzwirtschaft der Unternehmung, aktuelle Auflage, München.
Fri Mar 29 03:05:30 CET 2024, CKEY=biufa, BKEY=bbw2, CID=[?], LANGUAGE=en, DATE=29.03.2024