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Corporate Finance and Risk Management

    Course

    Description

    https://at-ceu.studyguide.timeedit.net/modules/ECBS5050?type=CORE

    Aim & Background

    Companies are exposed to a variety of financial risks including funding, interest rate, currency, counterparty, commodity and M&A-related risks. The 2007-2008 Global Financial Crisis has brought about fundamental changes in how these risks are viewed, identified and managed by top corporations. However, modern risk management practices remain seldom discussed and little understood in the broader business community, especially in emerging markets. This presents a major competitive disadvantage in the post-crisis world, where companies with controlled exposures to volatile financial markets enjoy a more stable operating environment, lower earnings volatility, and a lower risk of financial distress. Content. This course will introduce you to modern financial risk management from the perspective of non-financial corporations. You will learn (i) what risks companies should manage and why, (ii) how risk management policies should be developed and organized, and (iii) how the various types of risk can be measured and managed. In the process, you will gain critical new insight into the operational problems that today's corporations face, and how financial market conditions interact with corporate performance and decision making. To highlight the practical relevance of the course materials, we will discuss several case studies.Relevance. Understanding the problems covered will be helpful to everyone seeking a career in business, including as company officers (CEOs, CFOs, CROs, treasurers and beyond); accountants, consultants; corporate bankers, coverage officers, corporate financiers, private equity investors.
    Course period5/01/265/04/26