AGRICULTURAL
UNIVERSITY OF ATHENS
Department of Agribusiness
& Supply Chain Management
& Supply Chain Management
2. The concept of the time value of money
3. Payment streams (annuities)
4. Investment appraisal methods (NPV, IRR)
5. Investment appraisal methods (Profitability Index, Payback Period and Discounted Payback Period)
6. The concept of risk and uncertainty in investment decision-making
7. Financing instruments
8. Loan amortization
9. Cost of equity & cost of debt
10. Capital structure
11. Cost of capital
12. Asset and corporate valuation (Discounted Cash Flow – DCF)
13. Introduction to risk management using derivatives (interest rate risk, exchange rate risk, derivatives)
A combination of teaching and learning methods will be used, aiming at the active participation of the students and the practical application of the thematic units under examination; there will also be lectures using audiovisual media, discussions, and analyses of case studies on real business issues, experiential (group) activities, as well as projections of relevant videos.
The students will also undertake an individual or group project.
Furthermore, articles, audiovisual lecture materials, web links/addresses, useful information, case studies and exercises for further practice are posted in digital form on the AUA Open e-Class platform.
The aim of the course is:
the systematic understanding of financing and investment decisions, as well as the integration of risk into the decision-making process. Within the framework of the course, students become familiar with analytical tools and methodological approaches that enable the forecasting of financial needs and opportunities, the valuation of these, and the development of appropriate strategies to achieve the firm’s economic objectives. Emphasis is placed on the application of the above in the agricultural sector.
The course also aims to develop students’ ability to understand and critically approach corporate financial decision-making.
Upon successful completion of the course, the student will be able to:
handle financial information to achieve various outcomes (e.g., best-case and worst-case scenarios)
• Ross, S. A., Westerfield, R. W., Jaffe, J., & Bradford, J. D. (2024). Χρηματοοικονομική των Επιχειρήσεων (2η έκδ.). Εκδόσεις Broken Hill Publishers Ltd.
• Brigham, E. F., & Houston, J. F. (2020). Αρχές Χρηματοοικονομικής Διοίκησης (1η έκδ.). Εκδόσεις Broken Hill Publishers Ltd.
• Βασιλείου, Δ., & Ηρειώτης, Ν. (2018). Χρηματοοικονομική Διοίκηση: Θεωρία και Πρακτική (2η έκδ.). Εκδόσεις Rosili.
• Αρτίκης, Π. Γ. (2013). Χρηματοοικονομική Διοίκηση: Αποφάσεις Επενδύσεων (1η έκδ.). Εκδόσεις Φαίδιμος..
• Αρσενός, Π., & Καλδής, Π. (2021). Χρηματοοικονομική Διοίκηση (Α΄ έκδ.). Εκδόσεις Ευγενία Μπένου. ISBN: 9789603591665.
• Σπάθης, Π., & Τσιμπούκας, Κ. (2010). Οικονομική των Επιχειρήσεων: Εφαρμογές στις Επιχειρήσεις Τροφίμων & Γεωργίας (Α΄ έκδ.). Ελληνοεκδοτική.
Suggested Bibliography in English Language:
• Brealey, R. A., Myers, S. C., Allen, F., & Edmans, A. (2022). Principles of Corporate Finance (14th ed.). McGraw-Hill Education. ISBN: 9781265074159.
• Ross, S. A., Westerfield, R. W., & Jaffe, J. (2022). Corporate Finance (13th ed.). McGraw-Hill Education.
• Gitman, L. J., & Zutter, C. J. (2014). Principles of Managerial Finance (14th ed.). Pearson. ISBN: 9781292078342.
Related academic Journals:
• Journal of Finance
• Journal of Financial Economics
• Review of Financial Studies
• Journal of Financial and Quantitative Analysis
• Review of Finance
• Journal of Corporate Finance
• Financial Management
• Review of Corporate Finance Studies
• Journal of Banking & Finance
• Journal of Financial Intermediation
• Journal of Business Finance & Accounting
• Financial Analysts Journal
• European Financial Management
• Pacific-Basin Finance Journal
• International Review of Financial Analysis
• Global Finance Journal
• Finance Research Letters
• Journal of Empirical Finance
Instructor's Notes
