2014_15
Educational guide 
Faculty of Economics and Business
A A 
english 
Graduate in Finances and Accounting
 Subjects
  FINANCIAL MANAGEMENT: INVESTMENT
   Contents
Topic Sub-topic
1. Financial cycle of the firm 1.1 Introduction
1.1.1 Investment and financial management
1.1.2 Introduction to financial dynamics of the firm
1.2 Short-term cycle
1.3 Long-term cycle
1.4 The excess of the cycle: internal financing
2. Valuation and selection of investments
2.1 Introduction
2.2 Static methods
2.3 Dynamic methods: NPV, IRR and VFN
2.3.1 The value of money through time
2.3.2 Net Present Value (NPV)
2.3.3 Internal Rate of Return (IRR)
2.3.4 Similarities and differences between the NPV and IRR
2.3.5 Disadvantages of NPV and IRR. Inconsistencies and other problems
2.3.6 Modification of the basic hypotheses
2.3.7 Net Final Value (NFV)
2.3.8 Inter-relationships among NPV, IRR and VFN
2.3.9 Payback dynamic (PBD)
3. Valuation and selection of investments 3.1 Introduction
3.2 Sensitivity as a measure of risk
3.3 Investment decisions in a random environment
3.4 The expectation and variance of NPV
3.5 The equivalence of investment project