Guia docente 2016_17 Facultade de CC. Económicas e Empresariais

Grao en Administración e Dirección de Empresas

Contents

Topic	Sub-topic
Foundations of the financial management of the company	- The financial function of the company: historical Evolution of the finances. The financial aim. Competitions of the financial function of the company. - The financial economic structure of the company: The financial flows in the company. The balance between the masses patrimoniales: the background concept of Rotation. The cycles of activity of the company and the half Period of Maduration. Main ratios for the economic analysis-financial. - Methodology of applicable financial calculation in the decisions of investment Effects of the time on the value of the money: the inflation and the type of interest. Future value of the money: operations of capitalisation. Current value of the money: operations of update. Calculation of incomes.
Concept and types of investments	Investment concept. Classification of investments in the company. Implications of the investment for the company.
Determinants of investment	Variables for estimating the profitability of investments. Estimated Cashflow
Investment evaluation methods	Investment evaluation. static methods of investment selection. The discount rate or cost of capital of the company. The criterion of Net present value. The criterion of IRR.
Interpretation and making investment decisions	Prioritization of projects based on capital value and IRR: Fisher point. Compare profitability of various investments: homogenization. The inconsistency of the IRR. Consideration of risk in investment decisions Complementary Methodologies