Corporate Finance

The research and scope of the Department of Corporate Finance is focused on two main thematic areas. The first professional specialization is oriented towards Financial Management of business subjects in close relevance to their economic, accounting and financial environment of an enterprise. This is mainly composed of taxes, money and capital market including market of foreign exchange. The second professional specialization of Department is Business and Property Valuation.

The department incorporates these themes into the postgraduate programme with a variety of specific subjects which are included both in the main specialization (FO) and minor specialization (1OC). The Doctoral studies are organised within the program Accounting and Corporate Financial Management where the subject of the Financial Management of business is taught by the Department and many doctoral theses from the research fields of Financial Management and Business Valuation are supervised. An active form of teaching supported by lectures and seminars is carried out in lecture rooms equipped with latest facilities.

The mission of the Department of Corporate Finance is to promote high quality research at The University of Economics and to coordinate the teaching of Corporate Finance, Business Valuation and Financial Management at undergraduate, Master and PhD level.

Courses available in foreign language

1FP419 Business Valuation (in German)

1FP419 Business Valuation (in German)

The goal of this course is to provide participants with knowledge about business valuation and a complete English/German terminology. Moreover the participants will learn about financial planning, strategy analysis and the most widely used valuation methods. Attention will be particularly paid on the original German approaches to business valuation (objectivised valuation, income based valuation). Every participant delivers at the end of the course a short essay in German language and will present the main outcomes in the class.

1FP421 Business Valuation (in English)

Anglo-Saxon and Continental approaches to business valuation, International Valuation Standards and IDW Standards. Strategic analysis, financial analysis a financial plan within business valuation. Business valuation methods, their main features and differences. Discount rate estimating methods a their application. Complex business valuation and its interpretation.

Science and Research – Main research topics

Financial analysis and financial planning
Investment decision making
Short-term and long-term financing
Business valuation
Intangible assets valuation
Cost of capital and capital structure
Financial Management and valuation of Multi-Business Enterprise