Aviation

Finance

Integrated course, 1.00 ECTS

 

Course content

Repetition of fundamentals from the bachelor programme; options and limits of internal financing: financing by revenues and further capital emission, advantages and disadvantages of internal financing; options and limits of external financing: banks (credit worthiness assessments by banks, accounting requirements, liquidity requirements, optimisation of assets and liabilities), financial holding companies (forms of financing, venture capital, private equity companies), business angels, going public, private placement (off-exchange capital market, legal forms, participation rights, capital commitment, taxes), capital sharing (reasons, claims, characteristics), public funding (promotional purposes, eligibility conditions, forms of funding); forms of equity and debt financing: fundamentals, trade credits, promissory notes, bonds; forms of equity capital financing: limited partner's shares, stocks, limited company shares; special forms: leasing, sale and leaseback, factoring, forfaiting

Learning outcomes

Students learn how to take on demanding business administration and organisation tasks in aviation industry.

Recommended or required reading and other learning resources / tools

-

Mode of delivery

Integrated course

Prerequisites and co-requisites

Basic knowledge in business economics

Assessment methods and criteria

According to examination regulations