FINANCIAL POLICY
cod. 1010817

Academic year 2024/25
1° year of course - First semester
Professor
Massimo REGALLI
Academic discipline
Economia degli intermediari finanziari (SECS-P/11)
Field
Aziendale
Type of training activity
Characterising
63 hours
of face-to-face activities
9 credits
hub: PARMA
course unit
in ITALIAN

Learning objectives

At the end of the course, students will have acquired:
a. Knowledge and understanding
The course aims to provide students with useful elements for financial planning in support of business plans and corporate value creation.
b. Ability to apply knowledge and understanding
The course aims to show students the use of methodologies and instruments that can help enterprises in financially sustainable growth and development.
c. Critical capacity (independent judgment)
The course aims to develop a critical attitude towards financial planning models and investment evaluations.
d. Ability to communicate
The course aims to train students to interact with entrepreneurs, banks and business advisers with regard to the issues of value creation, the financial equilibrium and corporate financial planning.
e. Ability to learn
The course aims to provide students with the key elements to develop, implement and/or evaluate later, in the workplace, financial choices with a view to creating value.

Prerequisites

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Course unit content

The course deals with enterprise financial management. The topics, dealt both from the theoretical and practical point of view, range from the definition of an adequate policy of capital remuneration to the elements for measuring and maximizing corporate value.

Full programme

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Bibliography

Corporate finance 4/ed

(Edizione italiana a cura di Sandro Frova e Cesare Conti)

di: David Hillier, Stephen Ross, Randolph Westerfield, Jeffrey Jaffe e Bradford Jordan

McGraw-Hill
2023

(see the Elly page)

Teaching methods

Acquisition of knowledge: lectures.
Acquisition of the ability to apply knowledge: case studies and exercises.
Acquisition of independent judgment: during this course, students will be encouraged to identify strengths and weaknesses of models, solutions and instruments.
Acquisition of learning skills: each topic will be addressed first explaining the problem to be solved, and then critically analyzing the possible solutions.
Acquisition of technical language: the teacher will illustrate the meaning of the most common terms used by the financial community.

Assessment methods and criteria

Written exam (1h 30m). Partial tests are possibile. The assessment of knowledge acquired and of the ability to apply them will be made through 5 questions: 3 (more or less extensive) theoretical questions, aimed at verifying: a) acquisition of knowledge and understanding, b) acquisition of independent judgment, and c) acquisition of technical language, and 2 questions about the application, aiming to test: a) acquisition of the ability to apply knowledge, and b) acquisition of learning skills for the implementation and development of models and / or logical paths. Each question will be evaluated up to 6 points.

Honors, or distinction, will be awarded to students who in addition to achieving full marks, demonstrate overall systematic knowledge of the subject, outstanding ability in applying knowledge and independence of thought, and excellent writing skills in the case of a written exam.

Examination results will be published on ESSE3 and students can look at their papers by making an appointment with the professor.

Devices such as smartphones, smartwatches, tablets, etc. are forbidden.

Other information

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2030 agenda goals for sustainable development