Defence of individually assigned project, interview.

Core Literature:

[1] Copeland, T.E., Weston, J.F., Shastri, K. Financial Theory and Corporate Policy. 4 ed. Pearson, Boston 2005. ISBN 0-321-12721-8

[2] Ogden, J.P., Jen, F.C., O’Connor, P.F. Advanced Corporate Finance: Policies and Strategies. Prentice Hall, Upper Saddle River 2003. ISBN 0-13-091568-8

[3] Damodaran, A. Investment Valuation: Tools and Techniques for Determining the Value of Any Asset. 3 ed. John Wiley, Hoboken 2012. ISBN 971-1-118-01152-2

[4] Bierman, H., Smidt, S. The Capital Budgeting Decision: Economic Analysis of Investment Projects. 9 ed. Routledge, New York 2012. ISBN 978-0-415-40003-9

Recommended Literature:

[5] Tirole, J. The Theory of Corporate Finance. Princeton University Press, Princeton 2006. ISBN 978-0-691-12556-5

[6] Mun, J. Real Options Analysis: Tools and Techniques for Valuing Strategic Investments and Decisions. 2 ed. John Wiley, Hoboken 2006. ISBN 978-0-471-74748-2

[7] Vlachý, J. Corporate Finance. Leges, Praha 2018. ISBN 978-80-7502-291-2

Additional readings as assigned by lecturer.

1. Introduction, reference to prerequisites and subject of thesis

2. Theoretical fundaments of corporate finance, their development and practical contexts

3. Capital budgeting criteria and their application; cash flow estimates for different types of projects

4. Issues in determining the discount rate and cost of capital

5. Investment decisions under uncertainty, modelling techniques

6. Life Cycle Costs, Sunk Costs, Externalities, Synergies

7. Real options and their application for capital budgeting and valuation

8. Corporate and project valuation models

9. Decision-making in Mergers, Acquisitions and Divestitures

10. Capital structure and financing decisions

11. Agency theory, information asymmetry, and its consequences

12. Company in financial distress and under restructuralization

13. Case study and consultation related to the subject of thesis

14. Written assignment presentation and interview