Courses in English

Advanced Corporate Finance
Course leader: Péter Csóka
Semester: Spring

During the course we put a great emphasis on discussing practical corporate finance issues and case studies. The main topics will be: making investment and financing decisions; strategic consequences of real options; fusions, mergers and acquisitions; short-term and long-term financial planning; analyzing and hedging financial risk; financial analysis; cost of capital; basic asset pricing methods; debt, special financing forms; private equity; stock exchange.

Course description

Corporate Finance
Course leader: Nóra Felföldi-Szűcs
Semester: Fall

This course offers an introduction to the basics of corporate finance. Not only do we cover time value of money, valuation of bonds and stocks, different risk-return models but also the main theories explaining the financing and dividend policy of the firm. We pay special attention to the evaluation of different investment opportunities and the calculation of the cash flow.

Course description

Financial Derivatives
Course leader: Barbara Dömötör
Semester: Spring

The course indtroduces the international financial markets, the traded financial assets with focus on the derivatives. Financial derivatives and their pricing is explained both from theoritical and practical point of view.

Course description

Financial Market Risk Management
Course leader: Helena Naffa
Semester: Spring

The rapid development of financial instruments, the ever increasing speed of globalisation, the technological revolution and especially the recent ongoing financial crisis have dramatically increased the perceived risk associated with financial markets. Pressing credit conditions and market turbulences of the recent past underlined the need for adequate risk management strategy in the corporate environment with special care to the banking sector. For this reason, the reshaping of the prevalent regulatory framework appears to be inevitable. As a consequence, there is high demand for qualitative and quantitative risk management skills in both financial and non-financial enterprises as well as for regulatory authorities. Financial market risk management requires an interdisciplinary approach.

Course description

Managerial Accounting
Course leader: Helena Naffa
Semester: Fall

Students will realize that understanding concepts is more important than memorizing techniques. Starting with the decision making process cost-volume-profit analysis and break-even point will be discussed. Cost behavior will be analyzed in details and special emphasis will be given to the activity-based costing. The marketing decisions chapter is the last part before the mid-term exam. The final exam deals with the budgeting process, flexible budgeting and variance analysis. Capital budgeting, cost allocation, job costing system and overhead application are also covered in this part.

Course description

Multinational Financial Management
Course leader: Kata Váradi
Semester: Fall

A logical extension of international macroeconomics and corporate finance to help the corporate executives decision makings. Case studies and problem solving often used.

Course description

Risk Management
Course leader: Katalin Csaba
Semester: Spring

This course covers the basics of corporate and banking risk management. Participants get an overview of the Basel Revised Framework and the basic concepts of several risk measures financial institutions are using. In the second part of the semester we concentrate on corporate risk management issues. Case studies and numerical examples help to deepen the theoretical knowledge of students.

Course description