Visualisation plan de cours
2026 / 2027
EM09GM21
Corporate Finance I
Programme
PGE PGE4 FI
Semestre
A
Coefficient
2
Volume horaire
Face à face : 20 H
Travail personnel indicatif : 40 H
Discipline
Finance
Nombre de places
45
Cours ouvert aux étudiants visitants
Oui
Langue d'enseignement
Anglais
Responsable
PFIFFELMANN
Liste des intervenants
| Intervenant(s) | Volume horaire | ||
|---|---|---|---|
| Hava ORKUT | horkut@unistra.fr | 20 h CM |
Discipline
Finance
Descriptif
This course covers the fundamental concepts and tools involved in corporate finance and investment decisions. It enables students to understand, manipulate, analyse and discuss the principles of corporate finance.
Entrepreneuriat / Innovation
Ce cours intègre des contenus relatifs à l'entrepreneuriat et/ou à l'innovation (création d'activité, intrapreneuriat, innovation managériale, technologique ou sociale)
MAC
Comparer et apprécier les méthodes et outils de gestion/Compare and critically assess management methods and tools
4 ECTS
Contribution pédagogique du cours au programme
Develop impactful management using the latest knowledge and tools in the fields of management |
|---|
| Determine a strategic and managerial vision in a complex, uncertain and changing environment |
| Evaluate sustainable managerial practices using managerial concepts and instruments as well as digital tools |
| Design solutions adapted to organizational problems by applying relevant methodologies |
Develop advanced managerial skills for responsible leadership |
| Recommend critical decision making to drive change in organizations |
Implement responsible management practices reflecting the values of ethics, diversity, and sustainable development |
| Critically assess issues related to diversity, ethics and sustainability in the context of their professional practice |
Objectifs pédagogiques - COGNITIVE DOMAIN
A l'issue du cours, l'étudiant(e) devrait être capable de / d'...
- calculate the weighted average cost of equity
- discover the ethical issues involved in financial decisions
- analyze the financing policy of a company
- break down a company's sources of financing
- determine the free cash flows of a project
- value companies' investment project
Objectifs pédagogiques — Objectifs de développement durable (ODD)
ODD portés par la politique RSO de l'EM.
Plan / Sommaire
Course outline
- Part I: Fundamental concepts
- Ch I: The company and the stock market
- Ch II: Elements of financial mathematics
- Part II: Investment decisions
- Ch I: Criteria for evaluating investment projects
- Ch. II: From accounting results to cash flows
- Part III: Financing decisions
- Ch I: Sources of finance
- Ch. II: Valuation of debt
- Ch III: The cost of capital
- Part I: Fundamental concepts
- Ch I: The company and the stock market
- Ch II: Elements of financial mathematics
- Part II: Investment decisions
- Ch I: Criteria for evaluating investment projects
- Ch. II: From accounting results to cash flows
- Part III: Financing decisions
- Ch I: Sources of finance
- Ch. II: Valuation of debt
- Ch III: The cost of capital
Prérequis nécessaires
Connaissances en / Notions clés à maîtriser
Course in financial analysis (1st year courses) or equivalent. 1A course or refresher courseSupports pédagogiques
Mandatory tools for the course
- CalculatorDocuments in all formats
- WorksheetsMoodle platform
- Upload of class documents- Interface to submit coursework
- Assessments
Adossement à la recherche
Ce cours est adossé à la recherche.
- Research-led (par les contenus)Le cours mobilise des connaissances issues de la recherche académique récente.
- Research-tutored (par la discussion)Le cours développe l’analyse critique et la discussion de contenus (presse, rapport d’études…), travaux ou résultats de recherche.
Bibliographie/références académiques
Graham, J.R. (2022). Corporate Finance and Reality. Journal of Finance, 77(4), 1975-2049.Travaux de recherche de l'EM
LEFEBVRE V. (2026). Does a Long-Term Orientation Lead to Faster Growth? Firms' Temporal Orientation and the Growth Process. Entrepreneurship: Theory and Practice, 50 (n° 4)Modalités d'évaluation
Liste des modalités d'évaluation
Evaluation intermédiaire / contrôle continu 1
en milieu de semestre
Compétence mesurée
ILO1.3-PGE
Evaluation finale 2
Semaine d'examens
Compétence mesurée
ILO1.1-PGE, ILO1.3-PGE, ILO2.2-PGE
Seconde chance
Semaine d'examens
Compétence mesurée
ILO1.1-PGE, ILO1.3-PGE, ILO2.2-PGE