LFU:online

Offered each semester. Prerequisites: ECON 1203 or ECON 2200, and ACCT 2100. Introduction to investment, financing, and dividend decisions of business firms. Topics include valuation, capital budgeting, working capital management, capital structure and cost of capital, sources of financing, and dividend policy.

The basic concepts and analytical tools of finance in both corporate finance and investments will inform this course. Topics will include risk and return, financial institutions, efficient markets, valuation theory, capital budgeting, portfolio theory, cost of capital, and international finance. This course is designed to provide students with an introduction to the field of finance. Much of the course focuses on the analytical methods employed by corporate financial executives as well as the role of financial markets in our economy. As an overview, we focus on three fundamental decisions, namely: (1) in which projects should the firm invest (the capital budgeting decision), (2) how should the firm finance those projects (the capital structure decision), and (3) how diversification theory reduces volatility of project and/or equity returns. This course serves as the foundation for more detailed discussions of specialized areas in finance. 

The University of New Orleans International Summer School program has a mandatory class attendance policy. All students are required to attend class for all morning classes and any required afternoon and/or weekend fields trips and lectures. No unexcused absences are allowed. However, LFU students who have to miss a UNO class due to LFU examinations in the first two weeks of our program, can receive one excused absence for this. Any further unexcused absences will result in an academic penalty. Each faculty member determines the penalty for missed classes. Most professors deduct a letter grade for each additional missed class day. For details, please refer to your course syllabi, which will be distributed on the first day of class. Mail: Center-New-Orleans@uibk.ac.at

Die Anrechnung der Kurse der UNO-IBK International Summer School muss von den Studierenden selbst vorab mit den zuständigen StudiendekanInnen geklärt werden. Diese allein entscheiden über die Anerkennung der belegten Kurse für das jeweilige Studienfach. Es wird empfohlen, sich einen Vorabbescheid über die Anerkennung der Kurse ausstellen zu lassen.