INTERNATIONAL FINANCE AND CREATION OF VALUE

Course objectives

To deepen the knowledge of Corporate Finance principles in a different economic and financial context: from the firm to the group of firms; from a domestic to the international market; from one interest rate to multiple interest rates controlled by several monetary authorities; from one currency to multiple currencies; from national price dynamics and national inflation to international prices dynamic and international inflation. It is expected to develop the financial management and the Value Creation Theory (fundamentals have been considered within the Corporate Finance unit of undergraduate program) in a growth management perspective (it is faster for start-up firm) considered the larger international scale in which bank, insurance companies and enterprices work. Students who have passed the exam will be able to apply the principles and models that allow you to appreciate the growth and internationalization strategies of multinational companies in the context of the economic value

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GIOVANNI PALOMBA Lecturers' profile

Program - Frequency - Exams

Course program
Section I: Corporate Finance Palomba G., Gennaro A. (2022), Finanza Aziendale. Analisi, decisioni e valutazioni finanziarie, McGraw-Hill PARTE PRIMA – FONDAMENTI PARTE SECONDA – FINANZA STRATEGICA E ANALISI FINANZIARIE PARTE TERZA – POLITICHE FINANZIARIE PARTE QUARTA – MERCATI E VALORE Section II: International Finance Ross – Chapter 21: International Corporate Finance
Prerequisites
The first part of the course foresees an alignment of the competences of the students and the adopted text provides tools to acquire indispensable, important and useful knowledge that someone does not have.
Books
For the Section dedicated to Corporate Finance: Palomba G., Gennaro A. (2022), Finanza Aziendale. Analisi, decisioni e valutazioni finanziarie, McGraw-Hill For the Section dedicated to International Finance: Ross, R Westerfield, B D. Jordan (2018), Fundamentals of Corporate Finance, McGraw-Hill Education
Frequency
The course is delivered exclusively in person; in order to recognise the expected ECTS, Students who decide not to attend the course present themselves to the exam test with the same applications-type as the attending Students (individual applications: will be assigned by the Teacher following a request to be made during office hours) to find the level of actual application capacity achieved.
Exam mode
The exam consists of a written test and an oral test. At the written exam each Candidate presents his/her own individual paper (mandatory in order to pass the exam) required by the course and assigned by the Teacher. The oral exam requires passing a preliminary written exam aimed at determining the breadth and depth of the basic preparation as well as the operational skills acquired. All Students must register for the exam through the Infostud system, to allow the organization of the exam, the booking of the classroom, the production of the Candidates' attendance sheets. Students are invited to plan the exam in advance and to take adequate care of their preparation by following the instructions provided in the program.
Lesson mode
The lectures are organized in addition to the theoretical treatment, including applications (support to prepare the student on the level of know-how) and checks (guided, individual) of the degree of learning. Each participant, following the instructions provided in the classroom, will complete his / her own preparation by studying and deepening the parts of the textbook linked to the lessons. All students, even those who do not attend the course, produce (and submit to the exam) appropriate work aimed at finding the level of applicability of the studies carried out. The lessons include: exposure of theories and models; practical applications; presentation of case history; checks (designed to detect the progression of student learning).
  • Lesson code1038074
  • Academic year2025/2026
  • CourseFinancial institutions, international finance and risk management
  • CurriculumBanking and financial intermediaries
  • Year2nd year
  • Semester2nd semester
  • SSDSECS-P/09
  • CFU9