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Corporate Finance Essentials

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Corporate Finance Essentials

Name: Corporate Finance Essentials
Rating: 4.815768930523029 (2562 reviews)

This course is part of Think like a CFO Specialization

Instructor: Javier Estrada

102,066 already enrolled

Included with

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8 modules

Gain insight into a topic and learn the fundamentals.

2,562 reviews

Beginner level

No prior experience required

Flexible schedule

1 week at 10 hours a week

Learn at your own pace

98%

Most learners liked this course

8 modules

Gain insight into a topic and learn the fundamentals.

2,562 reviews

Beginner level

No prior experience required

Flexible schedule

1 week at 10 hours a week

Learn at your own pace

98%

Most learners liked this course

Skills you'll gain

Details to know

Shareable certificate

Add to your LinkedIn profile

Assessments

7 assignments

Taught in English

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Build your subject-matter expertise

This course is part of the Think like a CFO Specialization

When you enroll in this course, you'll also be enrolled in this Specialization.

Learn new concepts from industry experts
Gain a foundational understanding of a subject or tool
Develop job-relevant skills with hands-on projects
Earn a shareable career certificate

There are 8 modules in this course

This Corporate Finance Essentials course provides a foundational understanding of key financial concepts relevant to companies, investors, and capital markets. You'll learn to interpret financial news, master essential financial vocabulary, and understand core accounting principles. No prior knowledge required. By the end of this course, you will be able to analyze company financial statements, understand basic investment strategies, and apply financial principles to business decision-making. This knowledge will be invaluable for your career in finance or accounting. Limited free materials available.

Module details

What's included

2 readings

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.

What's included

7 videos3 readings1 assignment

7 videosTotal 66 minutes

1. What is this course all about?6 minutes
2. Periodic Returns9 minutes
3. Arithmetic and Geometric Mean Returns10 minutes
4. Evidence10 minutes
5. Volatility12 minutes
6. Beta11 minutes
7. A brief recap9 minutes

3 readingsTotal 30 minutes

About this session10 minutes
Readings10 minutes
Intro to Quiz 110 minutes

1 assignmentTotal 30 minutes

Quiz 130 minutes

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.

What's included

7 videos3 readings1 assignment

7 videosTotal 63 minutes

1. Recap on the Previous Session5 minutes
2. Portfolio Risk11 minutes
3. The Correlation Coefficient14 minutes
4. The Importance of Correlation4 minutes
5. Diversification and Correlation Part 18 minutes
6. Diversification and Correlation Part 213 minutes
7. Diversification, Correlation and Portfolios9 minutes

3 readingsTotal 30 minutes

About this session10 minutes
Readings10 minutes
Intro to Quiz 210 minutes

1 assignmentTotal 30 minutes

Quiz 230 minutes

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.

What's included

7 videos3 readings1 assignment

7 videosTotal 78 minutes

1. What is the cost of capital?11 minutes
2. Three ways to think about the cost of capital8 minutes
3. Components and notation8 minutes
4. The debt tax shield7 minutes
5. The cost of debt16 minutes
6. The cost of equity11 minutes
7. The CAPM17 minutes

3 readingsTotal 30 minutes

About this session10 minutes
Readings10 minutes
Intro to Quiz 310 minutes

1 assignmentTotal 30 minutes

Quiz 330 minutes

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.

What's included

3 videos3 readings1 assignment

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.

What's included

8 videos3 readings1 assignment

8 videosTotal 76 minutes

1. What is this all about?8 minutes
2. Introduction to the Net Present Value (NPV)8 minutes
3. The Net Present Value (NPV)8 minutes
4. The Internal Rate of Return (IRR)15 minutes
5. Shortcomings of the IRR9 minutes
6. Evaluating an investment opportunity10 minutes
7. Discount rates across countries or divisions7 minutes
8. Discount rates over time12 minutes

3 readingsTotal 30 minutes

About this session10 minutes
Readings10 minutes
Intro to Quiz 510 minutes

1 assignmentTotal 30 minutes

Quiz 530 minutes

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.

What's included

6 videos3 readings1 assignment

6 videosTotal 67 minutes

1. Corporate value creation12 minutes
2. Growth and return on growth12 minutes
3. Economic value added (EVA)13 minutes
4. EVA: Two examples14 minutes
5. EVA levels versus EVA changes12 minutes
6. Brief wrap up4 minutes

3 readingsTotal 30 minutes

About this session10 minutes
Readings10 minutes
Intro to Quiz 610 minutes

1 assignmentTotal 30 minutes

Quiz 630 minutes

What's included

1 assignment

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Instructor

Instructor ratings

(514 ratings)

Javier Estrada

IESE Business School

2 Courses104,622 learners

Offered by

IESE Business School

Learner reviews

5 stars
84.19%
4 stars
14.08%
3 stars
1.17%
2 stars
0.19%
1 star
0.35%

Showing 3 of 2562

Reviewed on Sep 25, 2020

I like the structure and the tests and ease of learning and note taking. supporting documents also were very helpful. the instructor was very well explaining the materials and examples. Thank you.

Reviewed on Jul 12, 2019

Being a non-finance background, this course has cleared so many basics and fundamental. Videos are very useful, instructor has tried to make all the concept very simple and easy to understood. Thanks.

Reviewed on Oct 6, 2018

Way better than expected. The best thing about this course is the supplementary notes that comes along with each session, dwells deeps into the topic and gives a tight grasp on each session

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