Corporate Finance Essentials will enable you to understand key financial issues related to companies, investors, and the interaction between them in the capital markets. By the end of this course you should be able to understand most of what you read in the financial press and use the essential financial vocabulary of companies and finance professionals.
ofrecido por
IESE Business School
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Acerca de este Curso
17,200 vistas recientes
Habilidades que obtendrás
Corporate FinanceFinancial RiskEvaluationInvestment
Programa - Qué aprenderás en este curso
Semana
110 minutos para completar
Course Overview
Overall Syllabus
1 reading
1 lectura
Syllabus10m
Semana
22 horas para completar
Risk and Return
Welcome to Session 1 In this session we will discuss some basic but essential financial concepts such as mean return, volatility, and beta. We will also learn how to apply them in order to assess the performance of selected equity markets over the last decade. The learning objective is to understand the basic, essential, and widely used financial concepts.
7 videos (Total 66 minutos), 3 readings, 1 quiz
7 videos
2. Periodic Returns9m
3. Arithmetic and Geometric Mean Returns10m
4. Evidence9m
5. Volatility11m
6. Beta10m
7. A brief recap8m
3 lecturas
About this session10m
Readings10m
Intro to Quiz 110m
1 ejercicio de práctica
Quiz 116m
Semana
32 horas para completar
Correlation and Diversification
To understand diversification, an issue at the very heart of most investment decisions, and the role that correlation plays in determining the gains from diversification.
7 videos (Total 63 minutos), 3 readings, 1 quiz
7 videos
2. Portfolio Risk10m
3. The Correlation Coefficient13m
4. The Importance of Correlation3m
5. Diversification and Correlation Part 17m
6. Diversification and Correlation Part 213m
7. Diversification, Correlation and Portfolios8m
3 lecturas
About this session10m
Readings10m
Intro to Quiz 210m
1 ejercicio de práctica
Quiz 216m
Semana
42 horas para completar
The CAPM and the Cost of Capital
In this session we will discuss how companies assess their cost of debt, their cost of equity, and ultimately their cost of capital. We will also discuss why this last concept is at the heart of many of the most important corporate decisions.
7 videos (Total 78 minutos), 3 readings, 1 quiz
7 videos
2. Three ways to think about the cost of capital8m
3. Components and notation7m
4. The debt tax shield7m
5. The cost of debt16m
6. The cost of equity10m
7. The CAPM17m
3 lecturas
About this session10m
Readings10m
Intro to Quiz 310m
1 ejercicio de práctica
Quiz 316m
Semana
52 horas para completar
Estimating the Cost of Capital - An Application
In this session we will put to work all the concepts discussed in the previous session by estimating the cost of capital of a company. As usual, when putting theory into practice, a few complications arise and we will discuss how to deal with them.
3 videos (Total 47 minutos), 3 readings, 1 quiz
3 videos
2. Estimating the cost of capital: Starbucks15m
3. Estimating the cost of capital: Starbucks; A Few Rounding Comments13m
3 lecturas
About this session10m
Readings10m
Intro to Quiz 410m
1 ejercicio de práctica
Quiz 416m
Semana
62 horas para completar
Project Evaluation
In this session we will discuss how companies routinely decide whether or not to invest in projects. We will discuss the two tools most widely used for this purpose, NPV and IRR, and apply them to the evaluation of an investment opportunity.
8 videos (Total 76 minutos), 3 readings, 1 quiz
8 videos
2. Introduction to the Net Present Value (NPV)7m
3. The Net Present Value (NPV)7m
4. The Internal Rate of Return (IRR)15m
5. Shortcomings of the IRR9m
6. Evaluating an investment opportunity9m
7. Discount rates across countries or divisions6m
8. Discount rates over time11m
3 lecturas
About this session10m
Readings10m
Intro to Quiz 510m
1 ejercicio de práctica
Quiz 516m
Semana
72 horas para completar
Corporate Value Creation
In this session we will discuss EVA, a tool widely used to assess whether a company is creating or destroying value. We will also put this tool into practice by estimating the EVA of two companies.
6 videos (Total 67 minutos), 3 readings, 1 quiz
6 videos
2. Growth and return on growth12m
3. Economic value added (EVA)13m
4. EVA: Two examples14m
5. EVA levels versus EVA changes11m
6. Brief wrap up4m
3 lecturas
About this session10m
Readings10m
Intro to Quiz 610m
1 ejercicio de práctica
Quiz 616m
36%
comenzó una nueva carrera después de completar estos cursos
34%
consiguió un beneficio tangible en su carrera profesional gracias a este curso
12%
consiguió un aumento de sueldo o ascenso
Principales revisiones
Professor Estrada has a great ability to break down corporate finance theory in plain language and give practical examples to grasp the essential knowledge that required by a general manager.
This course is an effective and quick way to review the essentials on corporate finance and a good starting point for a more indepth study of the material. Well taught with excellent pacing.
Instructor
Javier Estrada
Professor of Financial ManagementDepartment of Financial Management
Acerca de IESE Business School
For over fifty years, IESE, the graduate business school of the University of Navarra, has been at the forefront of management education, developing and inspiring business leaders who strive to make a deep, positive and lasting impact on the people, companies and society they serve.
Preguntas Frecuentes
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