Essential concepts of financial analysis Gr.5

EM054M2WA1

Semester
A
Discipline
Finance
Contact hours
27 Hof which 9 is/are e-learning
Number of spots
45
Open to visitors
Yes
Language
Coordinator
Hava ORKUT


Pedagogical contribution of the course to the program

No educational contribution associated with this course for this program.

Description

The course provides an overview of the key concepts used to conduct financial and stock market analysis. The introduction points out the growing importance of reliable financial statements in a globalized context. The first part covers the financial accounts. The second part covers the most frequently used measures and techniques to conduct a financial analysis. In this section, a 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. Lecture organization (27 hours in total) : synchronous (face-to-face) lectures (18 hours) and asynchronous lectures (online, 9 hours) Evaluation : 5% (online quizzes), 25% (midterm exam) and 70% (final exam)

Teaching methods

Face-to-face

- Lectures
- Tutorials
- E-learning

In group

- Exercises

Interaction

No items in this list have been checked.

Others

- Internships

Learning objectives

Cognitive domain

Upon completion of this course, students should be able to
  • - (level 4) Distinguish between accounting and economic indicators
  • - (level 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
  • - (level 4) analyze the main financial statements (profit and loss statement, balance sheet and cash flow statement).
  • - (level 5) interpret the key financial indicators/ratios.
  • - (level 5) judge the financial well-being of companies.

Affective domain

Upon completion of this course, students should be able to
None affective domain have been associated with this course yet

Outline

I General introduction II Financial statements 1. Accounting: An essential source of information 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 analysis 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 1. Key financial concepts for shares 2. Market multiples 3. How to conduct a stock market analysis? V General conclusion

No prerequisite has been provided

Knowledge in / Key concepts to master

Basic knowledge in - Accounting - Corporate finance

Teaching material

Mandatory tools for the course


- Calculator

Documents in all formats


- Worksheets

Moodle platform

- Upload of class documents
- Assessments

Software

No items in this list have been checked.

Additional electronic platforms

No items in this list have been checked.

Recommended reading


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


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

EM Research: Be sure to mobilize at least one resource

Textbooks, case studies, translated material, etc. can be entered
No reading material has been provided.

Assessment

List of assessment methods

Intermediate assessment / continuous assessment 1Other (date, pop quiz, etc.) : October 24, 2023
Written (45 Min.) / Individual / English / Weight : 25 %
Details : Attendance is mandatory.
This evaluation is used to measure ILO4.1-PGE
Intermediate assessment / continuous assessment 2Other (date, pop quiz, etc.) : 3 dates yet to be determined
Written (60 Min.) / Individual / English / Weight : 5 %
Details : The deadline for completing each of the three quizzes will be announced in class.
This evaluation is used to measure ILO1.1-PGE, ILO4.1-PGE
Final evaluationExam week
Written (110 Min.) / Individual / English / Weight : 70 %
Details : Attendance is mandatory.
This evaluation is used to measure ILO1.1-PGE, ILO2.2-PGE, ILO4.1-PGE
No assessment methods have been attributed to this course yet.