Financial Analysis for Executives – Elective Courses

Institutional framework, the money and capital markets

The continuously increasing complexity of the modern financial environment creates for executives in the area increased requirements of knowledge that concern more than one scientific sectors (finance, accounting, business administration, law and economics). The purpose of this course is the analysis of a series of current issues of the financial regulatory environment, so as the students acquire an image of the institutional framework within which they will be asked to take actions in the future and to complete this way the mosaic of the necessary knowledge that they should have absorbed. Among others, the course discusses the following thematic units: dirty money laundering, public proposals of redemption, provision of investment services (MIFID) and defalcation of the market.

Administration of collective investments and alternative investments

The purpose of these lectures is to present and analyze in detail the most important forms of individual and collective investments. At first, there the characteristics of real estate are described and analyzed along with those associated with the accrued bills of the Public Sector, and the markets for bonds and stocks. Next, the approach of creation of security market rates is presented theoretically, while the main indigenous and foreign security market rates are analyzed. The past, the most current evolutions, the prospects and the institutional framework that governs the Athens stock market are an especially important issue of the lectures. Finally, a special emphasis is given on the methodological approach of evaluation and selection of share titles. A part of the lectures concerns the description of the collective investments (mutual funds and corporations of portfolio investments) along with the institutional and supervisor framework that governs them.

Mergers & acquisitions

This course examines the activity of mergers & acquisitions (M&A) highlighting the importance of these enterprise options for the organizations that are involved in the relative procedures. The courseattempts to provide a complete approach of (M&A), examining the issuesof efficacy, enterprises’ strategic options, tactics of the buyer companies and candidates to redemption companies, evaluation of enterprises, reduction of profits at the case of the stock exchange as well various other issues of accounting and law nature that are related to (M&A). The main purpose of the course is the comprehension by the students of the basic concepts of (M&A), of the findings of several empirical studies about the economic consequences of (M&A) and of the basic procedures followed by the enterprises’ activities.

Real estate investments

The goal of this course is to give to the graduate students a clear viewabout the characteristics of the real estate market investments. The course is expected to help those students who wish to have a career at the indigenous or the universal market of real estates, in a private or public entity. More specifically, the course aims at presenting those mechanisms that connect the macroeconomic environment and the real estate market. The material that will be explicated will present the influence of the economic environment, the demographic trends as well as the behavior of the public sector authorities at their effort to influence the behavior and the course of the real estate market. Furthermore, the course will help the students to comprehend the mechanisms that connect the operation of the real estate market with the analysis of portfolio theory. Finally, it will provide the students with the concepts and the necessary tools which are needed so as they are able to analyze decisions about investments in the real estate market.

Time series analysis

This course aims to introduce students to the modern methods of time series analysis, which are necessary to the modern Financial Economist. More specifically, the course covers the concepts of the static and non-static cogitative subsequences, the picture of ARMA modelling, the ways in which the parameters of the relevant examples are evaluated, analysis of the qualities of the estimators in a status of immobility of the type of “unit roots”, vector autoregressive models and the theory of co integration as well as nonlinear models of autoregressive heteroscedasticity.

Corporate policy and corporations strategic options

The main purpose of the course is the comprehension by students of basic ways of strategic reflection and methods of strategic analysis that the modern corporations’ activities demand. For the accomplishment of this objective, this course includes the basic theories and techniques that have been developed till today, at the area of the corporate strategy and examines, by the use of real cases from the area of the enterprises, the several types of strategies, both on a level of enterprise units and on a company level (corporate strategies).

Applied Microeconomics - Game Theory

Applied microeconomics is the application of economics to managerial and market issues. Practitioners often rely on microeconomic analysis when they tackle business issues or make important strategic decisions. Elements of microeconomics can be found in all aspects of business activity, such as production, pricing, financing, management and strategy.