2025/2026

Financial Economics: Corporate Finance

Type: Mago-Lego

Delivered by: International College of Economics and Finance

When: 1, 2 module

Open to: students of one campus

Instructors: Sergey Stepanov

Language: English

Course Syllabus

Abstract

The core of the course is the analysis of investment (capital budgeting) and financing (capital structure) decisions of a firm. We will first discuss the principles and techniques of selecting investment projects. Secondly, we will examine the determinants of the capital structure choices by firms as well as the notion of the optimal capital structure. We will then discuss how to value a company, taking into account its capital structure. We will also analyze how firms decide on their payouts to shareholders and what the optimal payout policy should be. Finally, we will cover initial public offerings, mergers and acquisitions, and corporate governance. Prerequisites: Financial Economics I (Asset Pricing), Microeconomics