EM054M21A1

Programme
PGE
MGA
UE
Essential concepts in financial analysis
Semestre
A
Discipline
Finance
Volume horaire
27 H
Nombre de places
45
Ouvert aux visitants
Oui
Langue
EN
Responsable
Christine SERVEY

Liste des intervenants

Intervenant(s) Email Volume horaire CM
Christine SERVEY christine.servey@em-strasbourg.eu 27 h

Contribution pédagogique du cours au programme

LEARNING GOAL 1 : Students will master state-of-the-art knowledge and tools in management fields in general, as well as in areas specific to the specialized field of management.
Students will identify a business organization’s operational and managerial challenges in a complex and evolving environment.
Students will understand state-of-the-art management concepts and tools and use them appropriately.
Students will implement appropriate methodologies to develop appropriate solutions for business issues.

Descriptif

The course provides an overview of the key concepts used to conduct a financial and stock market analysis. The introduction points out the growing importance of reliable financial statements in a globalization context. The first part covers the financial accounts. The second part covers the most frequently used measures and techniques to conduct a financial accounts'analysis. In this section, particular attention is paid to value creation for shareholders. The last part covers the tools and techniques used to conduct a stock market analysis. Oral interaction in class will be facilitated by the numerous quiz which will be answered.

Organisation pédagogique

Face-to-face

- Lectures
- Tutorials
- E-learning

In group

Aucun élément de cette liste n'a été coché.

Interaction

Aucun élément de cette liste n'a été coché.

Others

- Internships

Objectifs pédagogiques

Cognitive domain

A l'issue du cours, l'étudiant(e) devrait être capable de / d'...
  • - (niv. 2) Explain the growing importance of effective accounting systems and reliable financial documents in the context of an accelerated globalization.
  • - (niv. 2) Describe the nature of the major financial documents (income statement, balance sheet and cash flow statement), their underlying principles and respective interdependencies.
  • - (niv. 3) Demonstrate the fundamental steps of a financial analysis (margin analysis, efficiency analysis, financing, profitability and risk analysis)
  • - (niv. 3) Compute key financial analysis and stock market analysis indicators
  • - (niv. 4) Analyze the accounting ratios and stock market indicators to point out the strengths and weaknesses of a financial situation
  • - (niv. 4) Distinguish between accounting and economic indicators
  • - (niv. 4) Examine risk measures (liquidity ratio, gearing ratio) to point out certain areas of risk such as high financial leverage and distinguish between high returns driven by risk and true value creation

Affective domain

A l'issue du cours, l'étudiant(e) devrait être capable de / d'...
Aucun affective domain n'a pour le moment été associé à ce cours.

Objectifs de développement durable abordés

Aucun objectif de développement durable n'a été coché.

Plan / Sommaire

I General introduction (1 hour) II Financial accounts (6 hours) 1. Accounting: A crucial information source for decision making 2. Profit and loss statement 3. Balance sheet 4. Cash flow statement 5. Statement of changes in equity 6. Relationships between financial statements III Financial accounts'analysis (8 hours) 1. From financial accounts to financial analysis 2. Profitability analysis 3. Efficiency analysis 4. Value creation and performance measurement 5. Risk analysis and financial leverage 6. How to conduct a financial analysis? IV Stock market analysis (4 hours) 1. Key financial concepts for shares 2. Market multiples 3. How to conduct a stock market analysis? V General conclusion (1 hour)

Prérequis nécessaires

Connaissances en / Notions clés à maîtriser

Basic knowledge in - accounting - corporate finance
- basic knowledge of financial statements - Time value of money concepts (NPV, Future value)

Supports pédagogiques

Mandatory tools for the course

- Computer
- Calculator

Documents in all formats

- Photocopies
- Worksheets

Moodle platform

- Upload of class documents

Software

Aucun élément de cette liste n'a été coché.

Additional electronic platforms


- CrossKnowledge

Bibliographie recommandée

Ouvrages principaux

CORPORATE FINANCE: THEORY AND PRACTICE (Paperback) by Pascal Quiry (Author), Maurizio Dallocchio (Author), Yann le Fur (Author), Antonio Salvi (Author) Publisher: John Wiley CROSSKNOWLEDGE PLATFORM EM-Essential concepts in finance : the financial statements CROSSKNOWLEDGE PLATFORM EM-Essential concepts in finance : FINANCIAL ANALYSIS

Littérature complémentaire

VERNIMMEN newsletter:http://www.vernimmen.com/html/letter/index.php lettre VERNIMMEN: http://www.vernimmen.net/html/lettre/index.php Further references to academic litterature can be found at the end of every chapter of the VERNIMMEN textbook

Travaux de recherche de l'EM : Veillez à mobiliser au moins une ressource

Peuvent être renseignés les manuels coordonnés, les traductions de manuel, les études de cas traduites etc…
Aucun ouvrage n'a été renseigné.

Modalités d'évaluation

Liste des modalités d'évaluation

Evaluation intermédiaire / contrôle continu 1Autre (date, contrôle surprise...) :
Ecrite / individuelle / Anglais / pondération : 5 %
Précisions : The quiz on crossknowledge corresponding to Essential concepts in finance FINANCIAL ANALYSIS has to be completed by each student on the platform before December 5th
Cette évaluation sert à mesurer LO1.1, LO1.2, LO1.3
Evaluation intermédiaire / contrôle continu 2Séance n° 6
Ecrite (60 min) / individuelle / Anglais / pondération : 20 %
Cette évaluation sert à mesurer LO1.1, LO1.2
Evaluation finaleSemaine d'examens
Ecrite (120 min) / individuelle / Anglais / pondération : 75 %
Cette évaluation sert à mesurer LO1.1, LO1.2, LO1.3
Aucune modalité d'évaluation n'a pour le moment été attribuée à ce cours.