Study programme competencies |
Code
|
Study programme competences / results
|
A1 |
Manage an enterprise or small organization, understanding their competitive and institutional position and identifying their strengths and weaknesses |
A2 |
Integrate in any functional area of micro-firms or SMEs and perform fluently any management task commissioned |
A3 |
Evaluate and foreseeing, from relevant data, the development of a company. |
A4 |
Elaborate advisory reports on specific situations of companies and markets |
A5 |
Write projects about specific functional areas (e.g. management, marketing, financial) of the company |
A6 |
Identify the relevant sources of economic information and to interpret the content. |
A8 |
Derive, based on from basic information, relevant data unrecognizable by non-professionals. |
A9 |
Use frequently the information and communication technology (ICT) throughout their professional activity. |
A10 |
Read and communicate in a professional environment at a basic level in more than one language, particularly in English |
A11 |
To analyze the problems of the firm based on management technical tools and professional criteria |
B1 |
CB1-The students must demonstrate knowledge and understanding in a field of study that part of the basis of general secondary education, although it is supported by advanced textbooks, and also includes some aspects that imply knowledge of the forefront of their field of study |
B2 |
CB2 - The students can apply their knowledge to their work or vocation in a professional way and have competences typically demostrated by means of the elaboration and defense of arguments and solving problems within their area of work |
B3 |
CB3- The students have the ability to gather and interpret relevant data (usually within their field of study) to issue evaluations that include reflection on relevant social, scientific or ethical |
B4 |
CB4-Communicate information, ideas, problems and solutions to an audience both skilled and unskilled |
B5 |
CB5-Develop skills needed to undertake further studies learning with a high degree of autonomy |
B6 |
CG1-Perform duties of management, advice and evaluation in business organizations |
B7 |
CG2-Know how to use the concepts and techniques used in the various functional areas of the company and understand the relationships between them and with the overall objectives of the organization |
B8 |
CG3- Know how to make decisions, and, in general, assume leadership roles. |
B9 |
CG4-Learn to identify and anticipate opportunities, allocate resources, organize information, select and motivate people, make decisions under conditions of - uncertainty, achieve the proposed objectives and evaluate results |
B10 |
CG5-Respect the fundamental and equal rights for men and women, promoting respect of human rights and the principles of equal opportunities, non-discrimination and universal accessibility for people with disabilities. |
C1 |
Express correctly, both orally and in writing, in the official languages of the autonomous region |
C4 |
To be trained for the exercise of citizenship open, educated, critical, committed, democratic, capable of analyzing reality and diagnose problems, formulate and implement knowledge-based solutions oriented to the common good |
C5 |
Understand the importance of entrepreneurial culture and know the means and resources available to entrepreneurs |
C6 |
Assess critically the knowledge, technology and information available to solve the problems and take valuable decisions |
C7 |
Assume as professionals and citizens the importance of learning throughout life. |
C8 |
Assess the importance of research, innovation and technological development in the economic and cultural progress of society. |
Learning aims |
Learning outcomes |
Study programme competences / results |
Know and integrate the financial logic to apply in making financial decisions |
A1 A2 A3 A6 A8 A11
|
B2 B6 B8 B10
|
C6
|
Know the basic financial theories on capital markets and understand their practical implications |
A6 A8 A10 A11
|
B1 B3 B5 B7
|
C4 C6 C8
|
Know how to value a financial investment |
A2 A4 A5 A8 A11
|
B4 B9
|
C1 C6
|
Know how to develop financial models and apply computer tools |
A9 A11
|
B6
|
C5 C6 C7
|
Contents |
Topic |
Sub-topic |
PART I: BUSINESS FINANCING |
1. Funding sources and their costs: the cost of capital
2. Capital structure: the firm's debt policy |
PART II: PORTFOLIO SELECTION AND CAPITAL ASSET PRICING |
1. Return and risk
2. Optimal portfolio construction
3. Capital asset pricing |
PART III: FINANCIAL DERIVATIVES |
1. Futures and options: valuation and investment strategies
2. Swaps |
Planning |
Methodologies / tests |
Competencies / Results |
Teaching hours (in-person & virtual) |
Student’s personal work hours |
Total hours |
Guest lecture / keynote speech |
A10 B1 B2 B5 B10 C4 C5 C6 C7 C8 |
18 |
36 |
54 |
Problem solving |
A1 A2 A3 A4 A5 A6 A8 A11 B2 B3 B4 B5 B6 B7 B8 B9 C1 |
22 |
44 |
66 |
Mixed objective/subjective test |
A1 A4 A6 A8 A11 B2 B3 B4 B6 B7 B8 C1 C4 |
2 |
13 |
15 |
Seminar |
A3 A6 A8 A9 A11 B2 B3 B7 |
4 |
2 |
6 |
Mixed objective/subjective test |
A1 A4 A6 A8 A11 B2 B3 B4 B6 B7 B8 C1 C4 |
2 |
6 |
8 |
|
Personalized attention |
|
1 |
0 |
1 |
|
(*)The information in the planning table is for guidance only and does not take into account the heterogeneity of the students. |
Methodologies |
Methodologies |
Description |
Guest lecture / keynote speech |
Theoretical-practical presentation of program topics |
Problem solving |
Practical tasks: application of concepts and theory to problem solving |
Mixed objective/subjective test |
Theoretical-practical tests that may be of different types (test, short answer, long answer ...) and that are part of the continuous assessment
|
Seminar |
Small-group tutoring along the semester |
Mixed objective/subjective test |
Theoretical-practical exam on the program contents |
Personalized attention |
Methodologies
|
Mixed objective/subjective test |
Mixed objective/subjective test |
Seminar |
|
Description |
Tutoring in small groups will be held on the dates set during the semester. They can be used, totally ou partially, for group work activities.
Individual tutoring for all the students will also be held through Teams or face-to-face, as appropriate, and in tutoring hours published at the beginning of each semester. Students are recommended to contact their teacher in advance by email to make an appointment, indicating the subject and the group to which they belong, in order to facilitate the management and effectiveness of tutoring.
|
|
Assessment |
Methodologies
|
Competencies / Results |
Description
|
Qualification
|
Problem solving |
A1 A2 A3 A4 A5 A6 A8 A11 B2 B3 B4 B5 B6 B7 B8 B9 C1 |
During the class period, and within the period established by the teaching staff, a group work will be developed that will account for 10% of the final grade (maximum 1 point) and that is part of the continuous assessment. Work not done scores as zero. |
10 |
Mixed objective/subjective test |
A1 A4 A6 A8 A11 B2 B3 B4 B6 B7 B8 C1 C4 |
During the class period, several continuous assessment mixed tests will be carried out, which will not be liberatory and will together account for 30% of the final grade (maximum 3 points). A test not done scores as zero. |
30 |
Mixed objective/subjective test |
A1 A4 A6 A8 A11 B2 B3 B4 B6 B7 B8 C1 C4 |
Global exam for the 60% of the final grade that can be obtained (maximum 6 points). It will be held on the first opportunity (January in the degree in BMA and May / June in the combined program of degrees in BMA and Law) and on the second opportunity (July) on the dates set by the Faculty Board. |
60 |
|
Assessment comments |
A) ASSESSMENT REGULATIONS:
Assessment conditions: it is forbidden to access the exam rooms with any device turned on that allows communication with the outside and / or information storage. Regarding the commission of fraud and disciplinary responsibilities, the provisions of article 14 of the "Normas de avaliación,
revisión e reclamación das cualificacións dos estudos de grao e
mestrado universitario" of the UDC will be applied. - Identification: each student must prove his/her personality in accordance with current regulations.
B) TYPES OF GRADING: - The grade of NOT PRESENTED will only be awarded to students whose participation in assessment activities has a weight of less than 20% on the final grade, regardless of the grade achieved.
- The exposed evaluation also applies to students with recognition of part-time dedication and academic dispense of exemption from attendance.
C) ASSESSMENT OPPORTUNITIES:
The evaluation criteria previously indicated in this section will be applied both in the first and the second assessment opportunities. - The advanced assessment opportunity will take place on the date established by the Faculty Board and the exam will be a mixed test of all the subject contents and competencies and for 100% of the final grade.
|
Sources of information |
Basic
|
www.aebanca.es (). Asociación Española de Banca.
www.bde.es (). Banco de España.
www.bolsamadrid.es (). Bolsa de Madrid.
www.cnmv.es (). Comisión Nacional del Mercado de Valores.
Piñeiro, Carlos; De Llano, Pablo (2010). Dirección financiera. Un enfoque centrado en valor y riesgo. Madrid: Delta
www.enisa.es (). Financiación pública para pymes.
Pindado, Julio (dir.) (2012). Finanzas empresariales. Madrid: Paraninfo. Material en www.paraninfo.es/catalogo/9788497328951/finanzas-empresariales
www.ico.es (). Instituto de Crédito Oficial.
www.igape.es (). Instituto Gallego de Promoción Económica.
Boedo, Lucía (2009). Las fuentes de financiación y su coste. A Coruña: Netbiblo. Descargable en ruc.udc.es/dspace/handle/2183/11816
www.bmegrowth.es (). Mercado de capitales para pymes.
www.meff.es (). Mercado Español de Derivados Financieros.
oikonomicon.udc.es (2020). Página del profesor Carlos Piñeiro Sánchez.
Brealey, Richard; Myers, Stewart; Allen, Franklin (2020). Principios de finanzas corporativas. 13ª ed.. Madrid: McGraw-Hill. Accesible en formato electrónico para lectura en www.ingebook.com |
|
Complementary
|
Elvira, Óscar; Puig, Xavier (2015). Comprender los productos derivados: futuros, opciones, productos estructurados, CAPs, Floors, Collars, CFDs.... Barcelona: Profit
Suárez, Andrés (2014). Decisiones óptimas de inversión y financiación en la empresa. 22ª ed.. Madrid: Pirámide
Doldán, Félix (2003). Dirección financiera de la empresa. Santiago: Tórculo
Piñeiro, Carlos; De Llano, Pablo (2011). Finanzas empresariales: teoría y modelos con hoja de cálculo. Santiago: Andavira
Hull, John C. (2014). Introducción a los mercados de futuros y opciones. 8ª ed.. México: Pearson Educación
Álvarez, Begoña; Boedo, Lucía (2011). La financiación empresarial: exposición teórica y análisis de la operativa. Estudio de casos reales desarrollados en Excel. Barcelona: Inforbook's
Valls, María del Carmen; Cruz, Salvador (2012). Operaciones financieras avanzadas. Madrid: Pirámide
Piñeiro, Carlos; De Llano, Pablo (2009). Principios y modelos de dirección financiera. Santiago: Andavira |
|
Recommendations |
Subjects that it is recommended to have taken before |
Financial Operations Analysis/611G02004 | Statistics I/611G02006 | Financial Accounting I/611G02013 | Statistics and Introduction to Econometrics/611G02014 | Financial Accounting II/611G02018 | Investment Theory/611G02020 |
|
Subjects that are recommended to be taken simultaneously |
|
Subjects that continue the syllabus |
Financial Planning/611G02034 |
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Other comments |
- The delivery of documentary works in this subject:
- It will be requested in virtual format and / or computer support
- It will be done through Moodle, in digital format, not needing printing
- The importance of ethical principles related to sustainability values in personal and professional behavior must be taken into account.
- Work will be done to identify and modify prejudices and sexist attitudes and the environment will be influenced to modify them and promote values of respect and equality.
- The full integration of students who, for physical, sensory, psychic or sociocultural reasons, experience difficulties to an adequate, equal and profitable access to university life, will be facilitated.
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