FInancial Analysis I

INDEPENDENT TEACHING ACTIVITIES

TYPE OF COURSE

REQUIRED

EXAMINATION:

At the end of the course

the student will have acquired knowledge about:

•       The time value of money, the types of investments and their evaluation criteria

•       Sensitivity analysis in project evaluation

•       Financing through the issuance of shares and bonds

•       The concept of the cost of capital

•       The analysis of risks with emphasis on currency risk

•       Covering risks through the use of derivative financial products.

necessary technologies

•       Decision-making

•       Autonomous work

•       Teamwork

•       Working in an international environment

•       Working in an interdisciplinary environment

•       Generating new research ideas

•       Respect for the natural environment

•       Demonstrate social, professional and ethical responsibility

•       Promoting free, creative and inductive thinking

analyses the role of banks and capital markets in the investment process of firms. Then it presents the budget

investments with the key valuation methods under the certainty regime. Along the way

by introducing the concept of risk, the models of securities valuation are developed and decisions under risk are analyzed. Particular reference is made to the weighted average cost of capital. The globalized environment has led to an internationalization of

business activities with several risks. Currency risk is one of them. The use of derivative financial products helps to reduce risks as will be discussed in the course.

More specifically, during the teaching of the course the following modules will be covered: Introduction to Financial Analysis

•       Introduction to the Financial Environment

•       (Fisher Consumption – Investment Model)

•       The time value of money Risk-free investment budget

•       Identification of cash flows

•       The investment decision criteria

•       Specific investment decisions (Investments with different durations, Equipment replacement decision, Financing with a loan or long-term lease)

Investment at Risk Budget

•       Performance and risk

•

Valuation of Bonds

•       Equity Valuation (CAPM, Fama French model, Dividend Discount Models, Fundamental

versus Technical Analysis)

•       Cost of Capital

•       Analysis of alternative uncertain situations

•       Approach to the Certainty Equivalent

•       CAPM in the investment budget

•       Concepts of International Financial Analysis (Foreign Exchange Market, Equivalence

interest rates and purchasing power)

a wall-mounted screen on which the participants are presented remotely. The connection to the course is made through the Microsoft Teams software, in which a camera is connected to the course.

in the room is recorded and illustrated by the teacher. The attendance of the course

is also done with the use of the Wacom digital pen, which ensures the interactivity of the lesson with

notes that appear directly on the students’ screen.

In addition, slides are projected, use of the asynchronous education platform for the posting of course

materials, students’ assignments and

and communication between lecturers and students, search for electronic journals and resources.

presentation Activities

146

(preparation of lectures & exams)

55

240

one written assignment (30%) at the end of the semester..

editions

–        Siriopoulos, K., Papadamou, S. (2014) Introduction to banking economics & the

capital markets. Utopia Publications (SP).

–        Papadamou S. (2009), Portfolio Management: A Modern Approach, Publications

Gutenberg (PAP)

–       Brealey, R., Myers, S., Allen, F., 2015. Principles of Business Finance.

–        Published by Utopia.

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