Corporate Finance & Valuation Methods Professional Certificate
Understand how the key principles of project analysis, budgeting, and valuation decide a firm's optimal capital structure.
CPE Credits: 35
Prerequisite knowledge:
- Basic MS Excel skills
- Some familiarity with financial instruments and markets
- Elementary probability theory
Learn more about the Corporate Finance Program: Get Program Info
Watch our Corporate Finance & Valuation Methods taster video to learn more about the course:
Learn now pay later with
To make it even easier to learn, you can finance your program through Affirm.
Loans offered through Affirm are available in the U.S. and Canada.
Module 1: Introduction and Overview
- Time value of money
- Present and future value
- Compounding (annual, periodic, continuous)
- Annuities and perpetuities
- Complex problems
Module 2: Project Analysis
- Payback and discounted payback
- Internal rate of return (IRR) and modified IRR
- Net present value (NPV)
- EVA
- Pros and cons of each
Module 1: Discounted Cash Flow Valuation
- Brief Review of Financial Statements
- Overview of DCF and intrinsic valuation
- Determining Cash Flows
- Real vs nominal returns
Module 2: Terminal Value
- Asset values
- Comparables
- Perpetuities and growing perpetuities
- Enterprise Value vs Equity Value
Module 1: Cost of Capital
- Risk and return overview
- Cost of Debt
- Straight
- Convertible
- Cost of Equity
- Capital Asset Pricing Model
- Alpha
- Beta
- Equity risk premium
- Other methods
- Weighted Average Cost of Capital
Module 1: Capital Structure
- -n theory
- MM
- In practice
- Costs of financial distress
- Optimal capital structure
- Adjusted Present Value
- Differences to WACC valuation process
- Pros and cons
- Peer Group Valuation
- Selecting the peer group
- Key ratios
- P/Es, EV/EBITDA, etc
Module 1: Financing the Corporation (and transactions)
- Bank lending
- Term loans and lines of credit
- Bilateral and syndicated loans
- Debt
- Investment grade
- High yield
- Convertibles
- Preferreds
- Equity
- Private Equity
- Venture Capital
- Private Equity
- Public Equity
- IPOs
- Secondary (US)/ Rights Offerings (Europe)
- Mergers & Acquisitions
- Rationale
- Payment
- Leveraged Buyouts / Management Buyouts
- Wrap-up case study
Module 2: Desk Ready Skills Knowledge Check