Study programme competencies |
Code
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Study programme competences
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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 |
Deepen the understanding of financial logic |
A1
|
B1 B2
|
C6 C8
|
Understand the groundings of investment project analysis |
A1 A3
|
B3 B7 B10
|
C4
|
Know how to evaluate a non-financial investment |
A2 A4 A5 A6 A8 A11
|
B5 B8
|
|
Know how to develop models and how to apply IT tools |
A5 A9
|
B3 B5 B7
|
C5 C7
|
Know how to formulate and defend a financial project |
A10 A11
|
B3 B4 B6 B7 B8 B9 B10
|
C1 C5 C8
|
Contents |
Topic |
Sub-topic |
Evaluating investment projects. The value. |
Introduction to investment analysis.
Fundamentals and phases of the evaluation model.
The cash flows
The Net Present Value
The Internal Rate of Return
Other criteria: Payback and Profitability index
Investing in industrial equipment
|
Risk in individual projects |
Sensitivity analysis.
Investment analysis from the Game Theory perspective.
Risk and its intertemporal effects: Hiller’s model.
Decision trees.
Introduction to simulation.
|
Advanced investment analysis models |
Investment decisions under capital rationing.
Multicriteria decision making. AHP
|
Planning |
Methodologies / tests |
Competencies |
Ordinary class hours |
Student’s personal work hours |
Total hours |
Guest lecture / keynote speech |
A1 A3 A4 A8 A10 A11 B1 B6 B7 B10 C1 C4 C6 C7 C8 |
17 |
34 |
51 |
Problem solving |
A1 A2 A3 A4 A5 A6 A8 A10 A11 B2 B3 B4 B5 B6 B7 B8 B9 C1 C6 C7 |
22 |
44 |
66 |
ICT practicals |
A1 A2 A3 A4 A5 A6 A8 A9 A10 A11 B2 B3 B4 B5 B6 B7 B8 B9 C1 C5 C6 C7 |
3 |
6 |
9 |
Seminar |
A3 A4 A8 A9 A10 A11 B2 B3 B4 B5 B6 B7 B8 B9 C1 C5 C6 C7 |
4 |
8 |
12 |
Mixed objective/subjective test |
A3 A4 A8 A10 A11 B2 B3 B5 B6 B7 B8 C1 C6 |
2 |
9 |
11 |
|
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 |
Presentation of the general aspects of the subject. |
Problem solving |
Application to practice of the concepts of the subject. |
ICT practicals |
Development and application of analytical models using spreadsheet and / or specific software |
Seminar |
Session developed in small group focused on clarifying aspects of the sillabus which require it. 3 or 4 sessions will be scheduled, dividing each course group in 2 small groups.
ICT will be frequently used. |
Mixed objective/subjective test |
Written examination of theoretical-practical content
|
Personalized attention |
Methodologies
|
Mixed objective/subjective test |
Guest lecture / keynote speech |
Seminar |
ICT practicals |
Problem solving |
|
Description |
Practical activities will be developed in lectures and as an extension of them, which requires, by its very nature, teacher supervision. 4 hours of seminars (small group tutoring) will be scheduled, where individual questions in which may address. In addition, students have access to the tutoring schedule published by the Faculty for personalized attention. |
|
Assessment |
Methodologies
|
Competencies |
Description
|
Qualification
|
Mixed objective/subjective test |
A3 A4 A8 A10 A11 B2 B3 B5 B6 B7 B8 C1 C6 |
Intended to measure the overall quality of learning and skills developed by the student, the degree of internalization and the ability to apply them to problem solving.
|
50 |
Seminar |
A3 A4 A8 A9 A10 A11 B2 B3 B4 B5 B6 B7 B8 B9 C1 C5 C6 C7 |
The continuous assessment can be made either in group sessions or in the small group (seminars), so their joint evaluation will be the 50% allocated to the "problem solving". |
0 |
ICT practicals |
A1 A2 A3 A4 A5 A6 A8 A9 A10 A11 B2 B3 B4 B5 B6 B7 B8 B9 C1 C5 C6 C7 |
ICTs have in this subject an instrumental role. Accordingly, while these skills will not be assessed directly, some evaluated problem solving might make use of IT tools. |
0 |
Problem solving |
A1 A2 A3 A4 A5 A6 A8 A10 A11 B2 B3 B4 B5 B6 B7 B8 B9 C1 C6 C7 |
Continuous assessment will evaluate classroom problem solving embedded in the learning process. Specificity exercises will be complemented by others about the general headings of the program. |
50 |
|
Assessment comments |
The evaluation criteria are applied with complete uniformity in the "opportunities" in June and July. The set of practical activities developed in the group class or in small group, weighs 50% in the evaluation. By its very nature, activities embedded in classes can only be assessed when tasks are performed according to their schedule, in the specified period for the corresponding group. In the evaluation of continuous assessment, the result obtained in the worst or missed mark might be skipped. According to the applicable regulations, the exams will be performed at official dates, except in cases expressly considered in academic regulations; and the mark "absent" will be awarded when activities carried out weigh less than 20% in the evaluation, regardless of peformance. In the early call opportunity, evaluation is carried out by a specific mixed exam, comprehensive of all contents and skills of the subject.
|
Sources of information |
Basic
|
Fernández Castro, A.S. e Iglesias Antelo, S. (2000). Métodos Cuantitativos de Selección de Inversiones. Casos prácticos. . Santiago: Tórculo Edicións
BREALEY, R.A.; MYERS, S.C y ALLEN, F. (2010). PRINCIPIOS DE FINANZAS CORPORATIVAS, 9ª ed.. MacGraw-Hill
(). Principles of Corporate Finance. |
Given the practical focus of the subject, the text "Casos Prácticos" is an essential aid. It should be noted that the selected theoretical text is considered basic reference also in the subjects Financial Theory (3rd year of ADE) and Financial Planning (4th year). Other editions of this handbook, or of other related books in which some of these authors are involved, also provide support for most of the concepts discussed. |
Complementary
|
Suárez, A. (2005 ). Decisiones óptimas de inversión y financiación en la empresa. . Madrid: Pirámide
Piñeiro, C.; de Llano, P (2006). Dirección Financiera: modelos avanzados de decisión con Excel. . Madrid: Delta
Boedo Vilabella, Lucía (2010). Evaluación de un proyecto de inversión en entornos de certeza, riesgo e incertidumbre. . Editorial Reprografía del Noroeste, A Coruña
Pindado García, J. (2012). Finanzas Empresariales.. Madrid: Paraninfo
Doldán, F. (2003). Métodos cuantitativos de selección de inversiones. . Santiago: Tórculo |
|
Recommendations |
Subjects that it is recommended to have taken before |
Análise das Operacións Financeiras/611G02004 | Estatística I/611G02006 | Matemáticas II/611G02010 | Contabilidade Financeira I/611G02013 |
|
Subjects that are recommended to be taken simultaneously |
|
Subjects that continue the syllabus |
Teoría do Financiamento/611G02021 | Planificación Financeira/611G02034 |
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Other comments |
The only electronic device allowed in classrooms (except, obviuously, when IT are ussed) is non-programmable scientific calculator. |
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