Here presented courses provided in english language.

The purpose of this course is to provide students with a heightened appreciation of the role of a financial manager within a firm and to understand the tools and the nature of the decisions that financial managers must make.  Paramount to the topic is an understanding of what constitutes a "good” manager.  A traditional finance characterization of a good manager is one who adopts the most firm-value-maximizing projects in the interests of maximizing current shareholders' wealth (e.g. Brealey, Myers, and Allen, pp 20-28).  This model is sometimes called the shareholder primacy model.  An alternative model, frequently termed the stakeholder model, argues that a good manager is one who effectively maximizes the joint utility of all firm-stakeholders.