| Competences |
| Type A | Code | Competences Specific |
| Professional | ||
| AP7 | A2.3 Lead and technically and economically manage projects, installations, plants, companies and technological centres in the ambit of chemical engineering and related industrial sectors. (G3) | |
| AP8 | A3.1 Apply knowledge of mathematics, physics, chemistry, biology and other natural sciences by means of study, experience, practice and critical reasoning in order to establish economically viable solutions for technical problems (I1). | |
| AP14 | A4.1 Lead and organize companies and production and service systems by applying knowledge and abilities regarding industial organization, commercial strategy, planning and logistics, mercantile and labour legislation, and financial and costs accounting (P1). | |
| AP18 | A4.5 Lead and monitor the control of installations, processes, products, certification, auditing, verification, testing and reports (P5). | |
| Type B | Code | Competences Transversal |
| Professional | ||
| BP1 | B1.1 Communicate and discuss proposals and conclusions in a clear and unambiguous manner in specialized and non-specialized multilingual forums (G9). | |
| Type C | Code | Competences Nuclear |
| Common | ||
| CC3 | Be able to manage information and knowledge | |
| Learning aims |
| Objectives | Competences | ||
| Be able to understand financial information | CC3 |
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| Use quantitative models and operations related to financial mathematics | CC3 |
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| Be able to communicate information relative to a firm's financial results, capital structure and liabilities | BP1 |
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| Analyze and interpret financial accounting data | CC3 |
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| To assess and valuate business projects related to chemical engineering using economic criteria | AP7 AP8 AP14 AP18 |
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| Contents |
| Topic | Sub-topic |
| 1. Introduction to finance | 1.1. Why a financial system? 1.2. Basic definitions 1.3. Money: definition and classes 1.4. Financial markets and assets 1.5. Interest rates |
| 2. Financial tools and operations | 2.1. The time value of money 2.2. Net Present Value (NPV) 2.3. Internal Rate of Return (IRR) 2.4. Valuation and pricing of assets 2.5. Classes of financial risk 2.6. Basic financial operations |
| 3. Corporate finance | 3.1. Firm structure and accounting statements 3.2. Financial planning in the short and the long term 3.3. Investment evaluation 3.4. Financing and debt 3.5. Capital structure and cost 3.6. Firm valuation |
| Planning |
| Methodologies :: Tests | |||||||||
| Competences | (*) Class hours | Hours outside the classroom | (**) Total hours | ||||||
| Introductory activities |
|
0.5 | 0.5 | 1 | |||||
| Lecture |
|
10 | 10 | 20 | |||||
| Problem solving, classroom exercises |
|
7 | 12 | 19 | |||||
| Seminars |
|
10 | 22.5 | 32.5 | |||||
| Personal tuition |
|
0.5 | 0 | 0.5 | |||||
| Mixed tests |
|
2 | 0 | 2 | |||||
| (*) On e-learning, hours of virtual attendance of the teacher. (**) The information in the planning table is for guidance only and does not take into account the heterogeneity of the students. | |||||||||
| Methodologies |
| Description | |
| Introductory activities | The aim of the first session is to know each other and to talk about the nature and aim of the subject. Besides, the professor will make clear what he expects from the students. |
| Lecture | Regular sessions, in which the professor exposes the contents of the subject. The attitude of the students is expected to be highly active, asking questions and keeping an intellectually stimulating environment. |
| Problem solving, classroom exercises | Due to the quantitative nature of the subject, several practical exercises will be solved on the blackboard. Specifically, these problems deal with financial assets' valuation, hedging financial operations and financial accountancy practical cases. |
| Seminars | Practical sessions, in which empirical problems and exercises are to be solved by the students working together. |
| Personalized attention |
|
|
| Assessment |
| Description | Weight | ||
| Problem solving, classroom exercises | The students will have to resolve two practical extended exercises throughout the semester. Students will have several days to solve and deliver it to the professor. |
50% | |
| Mixed tests | These are small tests to be taken during the course. These will consist in questions related to what is being discussed during the sessions, and the professor will announce the date of these tests in advance. | 50% | |
| Other comments and second exam session | |||
|
The continuous assessment of this subject consists of two parts: a) Several small tests to be done during the course. These will be mixed tests about what is being discussed during the sessions, and the professor will announce the date of these tests in advance. b) Two practical extended exercises to be solved at home. Those students who fail to pass the subject in the coutinuous assessment will have the chance to take a second test, with a final grade weight of 50%. |
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| Sources of information |
| Basic |
Ross, Stephen A., Corporate finance, 2005, McGraw-Hill, Boston |
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Available at the Bellissens Campus library under the code 658.14/.15 Ros |
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| Complementary | |||||||||
| Recommendations |
| Other comments | |
| Students are strongly recommended to attend the lessons regularly. They should also bear in mind that the professor remains at their disposal for any further information they may need, so that they must not hesitate to contact him as often as needed, either in person or via E-mail or telephone. |
(*)The teaching guide is the document in which the URV publishes the information about all its courses. It is a public document and cannot be modified. Only in exceptional cases can it be revised by the competent agent or duly revised so that it is in line with current legislation.