Cursos / 2º Ciclo / Faculty of Economy and Business Management :: Economics

ANÁLISE DE PROJECTOS - 2016/2017

1º curricular year
Semestralidade: 2nd semester
ECTS: 7.5

Teachers

Leading Teacher: Prof. Doutor Vasco Leite
Assistant Professor: Prof. Doutor Vasco Leite

Class type and School hours

Teaching Language

Portuguese

Main Aims/Objectives

The main objective of the course is learning concepts and techniques for evaluating projects and companies.

Specific Aims/Objectives

Develop qualitative and quantitative knowledge about evaluation techniques. Scroll through traditional assessment methods and the latest methodologies, namely real options.

Skills to be acquired

The aim is for students to acquire autonomy and critical sense in the use of techniques for evaluating projects and companies. Students should complete the course with competence to evaluate projects and companies.

Teaching Procedures

The key aspects of the course program will be taught in class, students are given the appropriate readings in the Bibliography Course as a way to complement the content transmitted in the classroom. Special emphasis will be given to real world cases to illustrate the subjects taught, promoting interactivity with and among students.

Programme

1. Corporate Finance
1.1 - Strategic evaluation of investment
1.2 - Financial Statements
1.3 - Financial balance
1.4 - Profitability and risk
1.5 - intertemporal value of money
1.6 - Definition of cash flow

2. Economic evaluation of investment projects
 2.1 Net Present Value (NPV)
 2.2 Project Performance Indicators
  2.2.1 Internal rate of return (IRR)
  2.2.2 Recovery Period
  2.2.3- Profitability index
  2.2.4- Other indicators
 2.2.3- The discount rate

3 - Risk assessment of financial projects
3.1 - Sensitivity analysis
3.2 - Probability distribution for variables
3.3 -Monte Carlo Simulation
3.4 - Assessment of acceptable levels of risk
3.5 - Risk prevention
 
4 - Multicriteria Analysis
 4.1 - Simple method
 4.2 - Analytic Hierarchy Process (AHP)
 4.3 - Multi-Attribute Utility Theory (MAUT)

5 - Decision trees
 5.1 - Expected values ​​and the utility function.
 5.2 - Basic elements of a decision tree.
 5.3 - Expected values ​​in a decision tree.
 5.4 - Decision-making in an uncertain scenario.

Evaluation Type

Two assignments (60%); Final Exam (40%)

Teaching Resources

Class Slides and Recommended Bibliography

Sustainability Objectives

Keywords

Net Present Value (NPV)
Internal rate of return (IRR)
Risk assessment of financial projects
Decision trees

Main Bibliography

Complementary Bibliography