Current tasks
May – September 2010
Read the following chapters in “Principles of Corporate Finance” from Richard A. Brealey, Stewart C. Myers and Franklin Allen, 9th Edition, McGraw Hill.
- Chapter 2 – Present Values, the Objectives of the Firm, and Corporate Governance.
You can skip 2.3 Corporate Goals and Corporate Governance.
- Chapter 3 – How to Calculate Present Values
- Chapter 4 – Valuing Bonds
- Chapter 5 – The Value of Common Stocks
- Chapter 6 – Why Net Present Value Leads to Better Investment Decision than Other Criteria
- Chapter 7 – Making Investment Decisions with the Net Present Value Rule
- Chapter 8 – Introduction to Risk, Return, and the Opportunity Cost of Capital
- Chapter 9 – Risk and Return
- Chapter 10 – Capital Budgeting and Risk
- Chapter 11 – Project Analysis
This book is standard literature at most of the Business Schools around the world.
We will use it under the calculation lessons on Cyprus.
Make your assigned documentation and multiple-choice test.
Prepare your speech.
Study and repeat terms used in financial reports.
September 27th - October 4th 2010: Cyprus Conference
We will be staying at Blue Village Nausicaa Beach in Fig Tree Bay.
Lectures will be held during 8-10 and 14-19 every day. Lunch and evening breaks will be needed for studying, group work and preparing presentations.
We will focus on financial reports and calculation.
On the program: Financial reports, evaluation of real estate companies. Strategies for residential real estate. Calculations regarding value fluctuation over time. Which discount rate is suitable; stibor? Inflation estimates? Rate of equity increase? Different rates for different locations and varying real estate? Debt planning. Leverage and risk analysis.
November 2010 – January 2011
Make your assigned documentation and multiple-choice test.
Prepare your speech.
Work with the multiple-choice tests on the Universities website.
January 2011
In mid January we will go to Florida for two weeks. We will leave Europe on Sunday the 16th of January and return on Sunday the 30th of January. The first week we will stay in Florida in Pompano Beach at Wyndham Palm-Aire. Our second week will be on a cruise ship. We will leave from the harbor in Fort Lauderdale on Monday and we will return on Saturday morning. Most of the time will be spent in the conference room but you will be able to go ashore in Haiti and Jamaica.
Below you can find links to the hotel and the cruise ship.
Hotel Wyndham Palm-Aire in Pompano Beach
Navigator of the Seas
In Florida lectures will be held during 9-12 and 15-19. Lunch and evening breaks will be needed for studying, group work and preparing your presentations.
When we are on the cruise ship the time for lectures will vary from day to day.
We will focus on real estate administration and presentation skills.
On the program: Presentation; actors will help you improve your rhetorical skills. How to evaluate a location via analysis of future migration. Which factors are relevant when selecting locations within a town? The most important issues for a multifamily real estate business are the soft parameters a calculation is based on. We will concentrate on analyzing the attractiveness of a town, a street in a town in the long-term e.g., ten years. Which risks can be detected via due diligence? How do you perform due diligence? Where is it profitable to build balconies or other add-ons? Where should one invest more - the facade or the main entrance? You will learn and calculate planned maintenance and the semantics for real-estate maintenance. You will also learn how to write a proposal to the board for acquiring or selling residential real estate.
February and March 2011
Make your assigned documentation and multiple-choice test.
Prepare your speech.
Work with the multiple-choice tests on the Universities website.
April 2010: Cape East Haparanda, Sweden
We will be staying at Cape
East in Haparanda.
During the winter we will visit Florida for its sunny climate. At the end
of April we will visit northernmost Sweden, on the Finnish border, which has,
due to its northerly location, extraordinary long daylight hours. There will
still be some snow on the ground, transforming the surrounding light. We will
hear the masses of ice as they break up and come down the river. We will probably
see some reindeer and elk (called "moose" in North America).
Finland is a mere stone's throw away. The home of Father Christmas is about 100 miles away from Haparanda according to the massive tourist industry nearby. There are numerous charter flights that arrive during the Christmas season. The sun never makes it above the horizon during the winter. However, the reflection of the moonlight on the snow provides for sufficient natural light for daily activities.
Lectures will start at 8 am and continue to 6 pm, from Monday to Friday. Group work will be held after a dinner break. We will focus on real estate administration.
We plan to visit PARTAB and Lindbäcks Bygg. PARTAB makes prefabricated bathrooms and Lindbäcks Bygg builds prefabricated residential houses in modules.
May – August 2011
Prepare your examination documentation and your examination speech.
Complete all multiple-choice tests and all final tests on the Universities website.
September 2011
Preliminary we will go to Berlin for a weekend.
On the program: Examination speeches and graduation.