Competencies / Study results |
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: CORPORATE FINANCE |
1. The sources of funding and their costs: the cost of capital
2. An expanded view of sources of funding
3. The cost of capital and the capital structure: the firm's debt policy
|
PART II: MARKET FINANCE |
1. Return and risk. Optimal portfolio construction
2. Capital asset pricing
3. Financial derivatives |
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 A2 A3 A4 A6 A8 A11 B1 B2 B3 B4 B6 B7 B8 B9 B10 C1 C4 |
2 |
13 |
15 |
Seminar |
A3 A6 A8 A9 A11 B2 B3 B7 |
4 |
2 |
6 |
Mixed objective/subjective test |
A1 A2 A3 A4 A6 A8 A11 B1 B2 B3 B4 B6 B7 B8 B9 B10 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 |
Mixed objective/subjective test |
Theoretical-practical exam on the program contents |
Personalized attention |
Methodologies
|
Mixed objective/subjective test |
Mixed objective/subjective test |
Seminar |
|
Description |
Tutorials in small groups will be face-to-face and held on the dates set during the semester for group work activities.
Individual tutoring will 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
|
Mixed objective/subjective test |
A1 A2 A3 A4 A6 A8 A11 B1 B2 B3 B4 B6 B7 B8 B9 B10 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 36% of the final grade (maximum 3,6 points). A test not done will score as zero.
|
36 |
Mixed objective/subjective test |
A1 A2 A3 A4 A6 A8 A11 B1 B2 B3 B4 B6 B7 B8 B9 B10 C1 C4 |
Global exam for the 64% of the final grade (maximum 6,4 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) on the dates set by the Faculty Board.
|
64 |
|
Assessment comments |
A) ASSESSMENT REGULATIONS: UDC current academic regulations will be applied. 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, in accordance with UDC current academic regulations.
C) ASSESSMENT OPPORTUNITIES: - First assessment opportunity: the evaluation criteria previously indicated in this section will be applied.
- Second assessment opportunity: it will be assessed by means of a mixed test (global exam) that will have a weight of 100% in the final grade, unless the application of the same evaluation criteria of the first opportunity results in a higher grade, which shall prevail.
- Advanced assessment opportunity: it will be assessed by means of a mixed test for 100% of the final
grade.
|
Sources of information |
Basic
|
Piñeiro, Carlos; De Llano, Pablo (2010). Dirección financiera. Un enfoque centrado en valor y riesgo. Madrid: Delta
Pindado, Julio (dir.) (2012). Finanzas empresariales. Madrid: Paraninfo. Material en www.paraninfo.es/catalogo/9788497328951/finanzas-empresariales
Boedo, Lucía (2009). Las fuentes de financiación y su coste. A Coruña: Netbiblo. Descargable en ruc.udc.es/dspace/handle/2183/11816
oikonomicon.udc.es (2023). 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
CNMV (2006). Qué debe saber de... Opciones y futuros. Guía informativa de la CNMV. 2ª ed.. CNMV |
|
Complementary
|
Brun, Xavier; Moreno, Manuel (2008). Análisis y selección de inversiones en mercados financieros. Barcelona: Profit
Elvira, Óscar; Larraga, Pablo; Puig, Xavier (2017). Comprender la inversión en renta fija a corto y largo plazo. Barcelona: Profit
Elvira, Óscar; Puig, Xavier (2015). Comprender los productos derivados: futuros, opciones, productos estructurados, CAPs, Floors, Collars, CFDs.... Barcelona: Profit
Orden, Olga del (2022). Curso básico de matemática financiera: teoría y ejercicios. Alicante: Delta Publicaciones
Suárez, Andrés (2014). Decisiones óptimas de inversión y financiación en la empresa. 22ª ed.. Madrid: Pirámide
CNMV (s.f.). El mercado de valores y los productos de inversión. Manual para universitarios. CNMV
Aguiar, Inmaculada (coord.) (2012). Finanzas corporativas en la práctica. Madrid: Delta
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
Casanovas, Montserrat; Bertrán, Josep (2015). La financiación de la empresa: cómo optimizar las decisiones de financiación para crear valor. 5ª ed.. Barcelona: Profit
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
Valls, María del Carmen; Galán, Federico; Parra, Isabel María (2020). Prácticas de iniciación a las finanzas. Madrid: Pirámide
Piñeiro, Carlos; De Llano, Pablo (2009). Principios y modelos de dirección financiera. Santiago: Andavira
CNMV (2006). Qué debe saber de... Los productos de renta fija. 5ª ed.. CNMV |
|
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 |
|
Other comments |
- 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.
- Work will be done to detect situations of gender discrimination and propose actions and measures to correct them.
- 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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