Corporate Finance

Course Introduction

We are currently in a challenging environment with regard to the financial outlook of capital markets: Volatility in terms of stock market performance is on the rise; a long period of extremely low or even negative interest rates is coming to an end. Such a shift in financial conditions will also effect corporate financing activities. This class will focus on the perspective of a chief financial officer dealing with various financial matters in the context of corporations. We will start by analysing various methods in order to better assess the financial valuation of a company and you will learn to apply them in the context of different case studies. It is also the CFO’s job to ensure that stable financing is in place – both with regard to the ongoing activities as well as future growth. We will discuss in class different capital raising instruments and learn how to use them efficiently. We will build up on your skills acquired in the capital markets module (Finance II) and will extend it towards the company’s perspective.

Course Lecturer

Prof. Dr. Stefan Morkoetter is Managing Director and Head of the St.Gallen Institute of Management in Asia (SGI-HSG), which is the local institute of the University of St.Gallen in Singapore. His research interests are in the area of financial intermediation, wealth management and private equity in specific. As a lecturer in Finance, Stefan is a member of the School of Finance at the University of St.Gallen and teaches on the bachelor, master and executive level. Stefan earned his PhD in Finance at the University of St.Gallen with his studies also leading him to the Tuck School of Business as well as to the University of Oxford. Before joining the University of St.Gallen Stefan worked in the financial services industry for a European bank. In addition, Stefan is a regular speaker at international finance conferences and is involved in several executive education programmes for financial services professionals. He also teaches as a visiting faculty at the Singapore Management University.

Note: All information is accurate for the 2019-2020 academic year and is subject to change for future classes