Excerpt from course description

Advanced Corporate Finance


This course deals with contemporary issues in corporate finance and refines tools to evaluate investments, capital structure, and corporate securities. The course explores how corporate finance decisions are affected when the classic Modigliani-Miller capital structure irrelevance-assumptions are relaxed, focusing on the consequences of taxes, bankruptcy, information asymmetries, and agency conflicts, among others. In this context, it discusses the important role and the various features of firm debt financing. The course introduces students to modern corporate financial theories as well as empirical patterns and studies.

Course content

The exact course content may vary from year to year, but will include topics such as:

  • Capital Structure Decisions
  • Taxes
  • Bankruptcy and Corporate Restructuring
  • Information Asymmetry and Agency Costs
  • Debt Financing
  • Valuation Techniques
  • Option Valuation in Corporate Finance
  • Liquidity
  • Merger and Acquisitions
  • Dividend Policy and Share Repurchases
  • Initial Public Offerings
  • Private Equity and Venture Capital
  • Behavioral Corporate Finance


This is an excerpt from the complete course description for the course. If you are an active student at BI, you can find the complete course descriptions with information on eg. learning goals, learning process, curriculum and exam at portal.bi.no. We reserve the right to make changes to this description.