Subject: Investment Projects Analysis
Number of ECTS:
1 - This course provides expertise in the areas of financial mathematics, management and economics essential for the analysis of investment projects and thedecision-making process/selection. The goal of the curriculum unit is therefore to give students skills in various areas, including: a) Incorporate concepts on financial calculus and on companies ' financial statements;
2 - b) Incorporate the concept of investment project, and make it possible to identify the method and the formulation of an assessment of a project;
3 - c) Absorb the different criteria for the evaluation of projects, as well as a selection of the best methodology;
4 - d) Incorporate fundamental concepts at the level of the funding of the projects, the "cost of capital", the "ROE return on equity", the "wacc-weight average cost of capital", as well as the ability to select the source of financing.
5 - e) ability to evaluate and analyze the level of risk and uncertainty associated with the decision-making process of a project.
1 - Introduction
2 - Phases of the evaluation study of the project
3 - Elements necessary for project evaluation
4 - Projects evaluation criteria
5 - Selection of investment projects
6 - Project financing
7 - The capital cost
8 - The risk and uncertainty in the assessment of projects
Isabel Moreira e outros , 2008 , Decisões de Investimento: Análise Financeira de Projectos , Edições Sílabo
Hélio Barros , Análise de Projectos de Investimento ,
Isabel Soares , Avaliação Financeira de Projetos de Investimentos ,
Richard A. Brealey/Stewart C. Myers- , Princípios de Finanças Empresarias ,
Assesssment methods and criteria:
Classification Type: Quantitativa (0-20)
We use a supported methodology in the presentation of concepts and theoretical models followed by a practical application. The construction of practical models in spreadsheets allows the exploration of their potentialities, which allows to clarify and understand the chain of evolution of concepts and procedures associated with the evaluation and the decision making of the project. It also allows the performance of sensitivity analyzes. The evaluation regime will be implemented through a frequency. Time of Appeal: Final Exam.