Бакалавриат
2025/2026
Финансовый менеджмент
Статус:
Курс обязательный (Управление цифровым продуктом)
Кто читает:
Департамент финансового менеджмента
Где читается:
Высшая школа бизнеса
Когда читается:
4-й курс, 2, 3 модуль
Охват аудитории:
для своего кампуса
Преподаватели:
Соболев Владимир Владимирович
Язык:
английский
Кредиты:
4
Контактные часы:
48
Course Syllabus
Abstract
This course is aimed to explain future managers fundamental principles of value creation and how business analytics is used for financial decisions and performance management. It is targeted to understanding economic links in the business and identification of potential value drivers. The course includes elements of corporate finance, management accounting, information technologies and strategy. During the course students will deal with cash flow modelling, calculation of cost of capital, growth estimation, setting KPIs and metrics.
Also this course support managers in building internal processes within organisation implementing descriptive analytics in performance management, predictive analytics in forecasting business KPIs, prescriptive analytics in capital projects decisions.
Learning Objectives
- The key aim of the course is to provide students with knowledge and skills in taking corporate financial and investment decisions, develop analytic instruments to assess the effectiveness and efficiency of such decisions, elaborate models of corporate financial management.
- The main goal of this course is to bring students through value creation process in commercial organisations and show how business analytics applies in financial decisions and performance management which are aimed to maximise shareholders value.
Expected Learning Outcomes
- Students are able to apply modern models for the analysis of capital structure, dividend policy, the financial architecture of the company, financial corporate control and corporate governance; to reveal the fundamental factors affecting corporate financial and investment decisions; to evaluate the efficiency of investment projects of different types.
- Students are able to calculate the cost of capital, to analyze empirical data that determines risk factors; to build long-term and short-term financial models, describe the company's growth; to understand the principles of the credit policy of the company, the relationship of long-term and short-term decisions and their impact on the company’s value; to perform the company’s valuation based on different approaches.
- Students have knowledge in modern concepts of corporate finance; principles of the corporate financial policy; principles of investment decision-taking; methods of project efficiency measurement; basic principles of valuation; models of valuation.
- Students have skills in analysis of the corporate capital structure; calculating the need for external financing of the corporation; estimation of elements of capital; investment decision-taking; business valuation.
Course Contents
- Introduction and Valuation Principle
- Valuing Investments
- Portfolio Theory
- Capital Structure
- Mergers and Acquisitions
- Valuing the Company
- Financial and Real Options
Assessment Elements
- In-class activity
- Homework
- Final individual closed-book examИтоговый экзамен будет проведен с использованием онлайн-инструментов в формате автоматической проверки в компьютерном классе НИУ ВШЭ (SmartLMS в присутствии преподавателя)
Interim Assessment
- 2025/2026 3rd module0.5 * Final individual closed-book exam + 0.1 * Homework + 0.1 * Homework + 0.15 * In-class activity + 0.15 * In-class activity
Bibliography
Recommended Core Bibliography
- Corporate finance, Berk, J., 2024
Recommended Additional Bibliography
- 9781265652463 - Richard A. Brealey, Stewart C. Myers, Franklin Allen et al - Principles of Corporate Finance, 14th ed. - 2022 - McGraw-Hills - https://search.ebscohost.com/login.aspx?direct=true&db=nlebk&AN=3242150 - nlebk - 3242150
- Berk, J. B., & DeMarzo, P. M. (2017). Corporate Finance: The Core, Global Edition: Vol. Fourth edition. Pearson.