On the basis of
SMF 1042 - Økonomistyring
Expected learning outcomes
The students shall be able to:
-Budget cash flows, including inflation and taxes.
-Analyze and evaluate a project by models using TVM-concepts.
-Calculate the cost of capital by CAPM and evaluate the risk of a single asset and of a portifolio of assets.
-Evaluate the risk by sensitivity tests.
-Calculate and evaluate the most common financial instruments
-Anderstand and gowern working capital
-Use the Binominal model, the Black-Scholes model
Time value of money (calculation), budgeting cash flow, inflation, taxes, calculations and management of working capital, NPV, IRR, payback period method, capital rationing, risk and return for a single asset and a portefolio, CAPM, sensitivity test, capital structure/WACC, home loans, bonds, leasing, instalments, The Binominal model, the Black-Scholes model
Form(s) of Assessment
Form(s) of Assessment (additional text)
Home examination in groups, 12 hours (50%)+ individual multiple choise (2-3 hours) (50%). Both parts must be passed.
Alphabetical Scale, A(best) – F (fail)
To internal examiners
No re-sit examination
Home examination in groups (12 hours), all support
Individual multiple choise (2-3 hours), no support
Details concerning course requirements will be presented at the beginning of the semester.
Bøhren,Øyvind, Gjærum,Per Ivar (1999).
Prosjektanalyse 2 utgave. Skarvet forlag. ISBN 82-992405-6-5
Investering og finansiering , Ivar Bredesen, Gyldendal akademisk, ISBN 82-05-33919-8
Replacement course for