| Code: | MDCM2105 | Acronym: | FEMP |
| Teaching Area: | Finance |
| Acronym | Study plan | Curriculum Years | ECTS | Contact hours | Total Hours |
|---|---|---|---|---|---|
| MDCM | Aviso nº 9882/2017 | 1º | 6 ECTS | 54 | 160 |
| Theoretical-Practical: | 3,00 |
| Orientação Tutorial: | 0,00 |
Teaching - Hours
|
Microsoft Powerpoint
Microsoft Office Excel
DESCRIPTIVE SUMMARY OF CURRICULAR UNIT
This course aims to equip the student of the most important financial tools for the exercise of commercial activity.
OBJECTIVES AND EXPECTED LEARNING OUTCOMES
Combining the knowledge (academic and professional) on the theme of Business Finance with the practice of practical exercises and case studies, this curricular unit has as main objectives:
1. To develop the business finance problem, addressing the most relevant questions about the company's financial activity, that is, the concepts, methods and tools that support financial analysis and decision making in the context of certainty and uncertainty.
2. Describe the company through the accounting and financial profile.
3. Evaluate the economic-financial performance of the company.
4. Address the main sources of short- and medium-term long-term financing for a company.
5. To deepen the themes of financial diagnosis, strategic and structural issues of financial decision-making, the most important decisions to create and stabilize value, and value reassessment processes in the company.
SKILLS TO BE DEVELOPED
At the end of the course, students should be able to:
Identify the elements that make up the balance sheet and an organization's income statement;
Determine and interpret the main economic and financial ratios;
Understand the different forms of financing;
Know establish a correct credit policy;
Know the main concepts of profitability;
Know establish a system of financial incentives for sales team.
1. Introduction to Business Finance
1.1. Concept of financial management
1.2. Economic flows and financial flows
1.3. Typology of financial decisions
1.4. The risk, return, and opportunity cost of capital
1.5. The objective of financial management
2. Accounting and Financial Information
2.1. Essential goals
2.2. Main accounting and financial documents: their understanding and analysis
2.2.1. Balance: analysis and description of its elements
2.2.2. Profitability Analysis: analysis and description of the elements that compose
2.3. The issue of financial stability
2.4. The determination of Free Cash Flow
3. Analysis of Ratios
3.1. Introduction
3.2. Ratios of activity
3.3. Ratios of profitability
3.4. Operating Ratios
3.5. Ratios of indebtedness and liquidity
4. Financing tools
4.1. Short-term funding arrangements
4.1.1. Discount commercial paper
4.1.2. Import documentary credits
4.1.3. Volume of export documents
4.1.4. Discount promissory notes
4.1.5. Guaranteed current accounts
4.1.6. Overdraft
4.1.7. Credit cards
4.1.8. Factoring
4.2. Long-term funding arrangements
4.2.1. Equity
4.2.2. Oblivious capital
4.2.3. Leasing
4.2.4. Bonds
4.2.5. External financing
5. Evaluation of companies
5.1. Introduction
5.2. Methods based on the organization's performance
5.2.1. Method of dividends
5.2.2. Method of discounted Free Cash Flows
5.2.3. Economic Method vaue Added and Market Value Added
5.2.4. Adjusted Present Value
5.3. Equity methods
5.4. Dualistic method
5.5. Evaluation method by comparing
5.6. Method of the means of the remaining models
The first objective is addressed in chapter 1 of the program, where the different economic-financial flows are identified.
The second objective "Describe the company through the accounting and financial profile" is explored in the second chapter through exercises and practical cases.
The third objective "To evaluate the economic-financial performance of the company" is dealt with in chapter 3 with the performance of works applied to real companies.
| Vieito, J. & Maquieira, C. ;Finanças Empresariais - Teoria e Prática, Escolar Editora, 2013. ISBN: 9789725923665 (2ª Edição) |
| Brealey, R. & Myers, S. ;Princípios de Finanças Empresariais, McGraw-Hill, 2013. ISBN: 9788580552386 (10ª Edição) |
| Ross, S., Westerfield, R. & Jaffe, J.;Corporate Finance, McGraw-Hill, 2016. ISBN: 978-0077861759 (11th Edition) |
The methodology of teaching and learning takes place in a context of theoretical and practical lessons that enable students, based on the presentation of various case studies, a better assimilation of the syllabus exposed. Whenever possible, and the subject makes it advisable, it will be used computers to teach students to develop financial models that in the future will be helpful for them to develop their own professional activity.
Avaliação distribuída com exame final
| Description | Type | Time (hours) | Conclusion Date |
|---|---|---|---|
| Attendance (estimated) | Lessons | 45 | |
| Individual Evaluation Moment | Teste/Exame | 2 | |
| Tutorial Orientation | Participação Presencial | 9 | |
| Study | Study | 104 | |
| Total: | 160 |
Two reports to be sent by the e-learning platform with each 10% weighting.
A continuous assessment test with a weighting of 80%.
A test with the weight of 100%.
In order to achieve the objectives described above, the classes include the presentation of theoretical contents where the Microsoft PowerPoint program is used. In the application of the contents taught, students are offered practical cases and exercises and in "PDF" format. The different chapters also use the Microsoft Excel program.