About this course: 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.
Created by: IESE Business School
Taught by: Javier Estrada, Professor of Financial Management
Department of Financial Management
| Commitment | 7 weeks of study, 2-3 hours/week |
| Language | English, Subtitles: Chinese (Simplified) |
| How To Pass | Pass all graded assignments to complete the course. |
| User Ratings |
Syllabus
WEEK 1
Course Overview
Overall Syllabus
1 reading
WEEK 2
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....
7 videos, 3 readings
Graded: Quiz 1
WEEK 3
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, 3 readings
Graded: Quiz 2
WEEK 4
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, 3 readings
Graded: Quiz 3
WEEK 5
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, 3 readings
Graded: Quiz 4
WEEK 6
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, 3 readings
Graded: Quiz 5
WEEK 7
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, 3 readings
Graded: Quiz 6
FAQs
How It Works
Coursework
Each course is like an interactive textbook, featuring pre-recorded videos, quizzes and projects.
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Creators
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.
Ratings and Reviews
videos are very clear and reading supports well the training.
I have learnt lot of thing and, even if it will be difficult to manipulated formulas in the time coming, this course is very useful to understand the spirit of finance and to understand better financial discussions !
many thanks for that to Javier ! :-)
Clear and neat. Hats off to the tutor
Sus explicaciones fueron muy básicas y precisas, me ayudaron a comprender el por qué de cada cuestión financiera que tratamos. Además deja el tema con mucho campos abiertos a discusión, lo cual me alegra bastante.
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AA
The understanding provided by Prof. Javier is near perfect. His ability to make you understand what he wants to convey is commendable. However, the grades and quizzes can be made more challenging and interesting. They are way too easy right now.