Corporate Finance Essentials II

This course is part of Think like a CFO Specialization

Instructor: Javier Estrada

9,380 already enrolled

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6 modules

Gain insight into a topic and learn the fundamentals.

4.8

(113 reviews)

Intermediate level

Some related experience required

7 hours to complete

3 weeks at 2 hours a week

Flexible schedule

Learn at your own pace

6 modules

Gain insight into a topic and learn the fundamentals.

4.8

(113 reviews)

Intermediate level

Some related experience required

7 hours to complete

3 weeks at 2 hours a week

Flexible schedule

Learn at your own pace

What you'll learn

Skills you'll gain

Details to know

Shareable certificate

Add to your LinkedIn profile

Assessments

6 assignments

Taught in English

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This course is part of the Think like a CFO Specialization

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There are 6 modules in this course

This course picks up where Corporate Finance Essentials left, addressing other corporate

finance issues not addressed in the previous course, such as market efficiency, bonds, stocks, capital structure, and dividend policy. This course will help you to: ● Understanding the concept of market efficiency. ● Get an overview in issues related to bonds, such as type of bonds, their return (yield to maturity) and default risk ● Getting to know the valuation of stocks through the method of relative valuation (multiples) ● Knowing what are the sources that financial companies use to obtain capital for their projects ● Understanding two of the most critical decisions companies need to make: whether to pay dividends and if so, how much.

In this first module we will first summarize the most important messages of all the topics discussed in Corporate Finance Essentials, and then introduce the topics we will discuss in this follow-up course

What's included

9 videos2 readings

9 videosTotal 23 minutes

Professor's Biography1 minutePreview module
Introduction1 minute
Risk and return4 minutes
Correlation and Diversification3 minutes
The CAPM and the Cost of Capital3 minutes
Estimating the Cost of Capital1 minute
Project Evaluation1 minute
Corporate Value Creation2 minutes
A Look Ahead to Corporate Finance Essentials II3 minutes

2 readingsTotal 15 minutes

Syllabus10 minutes
Get help and meet other learners in this course. Join your discussion forums!5 minutes

In this session we will discuss several issues related to the bedrock concept of market efficiency, one of the cornerstones of modern finance, including its meaning and important implications for investors.

What's included

9 videos1 assignment

In the third session we will discuss some introductory issues related to bonds, such as terminology, issuers, and types of bonds, as well as their return (yield to maturity) and default risk, including a brief discussion of other sources of risk

What's included

10 videos1 reading1 assignment

10 videosTotal 56 minutes

Bonds. Introduction1 minutePreview module
Bond Issuers and Bond Types8 minutes
A Simple Example1 minute
Valuation8 minutes
Valuation. Case Study4 minutes
The Yield to Maturity8 minutes
The Yield to Maturity. Case Study8 minutes
Risk. Default Risk9 minutes
Risk. Other sources of bond risk3 minutes
The Bottom Line1 minute

1 readingTotal 10 minutes

The Essential Finantial Toolkit10 minutes

1 assignmentTotal 30 minutes

Bonds30 minutes

In the fourth session we will discuss the valuation of stocks through the method of relative valuation (multiples), including the most widely-used multiples and the issues an analyst needs to deal with in order to use multiples properly for valuation.

What's included

9 videos1 reading1 assignment

9 videosTotal 43 minutes

The Basics4 minutesPreview module
Multiples. Two critical issues2 minutes
Multiples. The P/E Ratio4 minutes
Multiples. Benchmarks8 minutes
Multiples. The Critical Question4 minutes
Multiples. The PEG Ratio5 minutes
Case Study. Part 17 minutes
Case Study. Part 24 minutes
The Bottom Line1 minute

1 readingTotal 10 minutes

The Essential Financial Toolkit. Multiples10 minutes

1 assignmentTotal 30 minutes

Stocks30 minutes

In the fifth session we will discuss the sources of financing companies use to obtain capital for their projects, a quantitative way to determine the optimal mix of debt and equity, and some relevant qualitative variables.

What's included

6 videos1 assignment

In the sixth session we will discuss two critical decisions all companies need to make, whether to pay dividends, and if so how much; we will also discuss the variables that must be considered when deciding a dividend policy

What's included

8 videos2 assignments

8 videosTotal 50 minutes

Dividend Policy. The Basics6 minutesPreview module
Relevant variables. Environment4 minutes
Relevant variables. Clienteles and Growth7 minutes
Relevant variables. Smoothing3 minutes
Relevant variables. Signals and Taxes9 minutes
Share Buybacks5 minutes
The Bottom Line2 minutes
Corporate Finance Essentials II: Wrap Up11 minutes

2 assignmentsTotal 60 minutes

Dividend Policy30 minutes
Corporate Finance Essentials II30 minutes

Instructor

Instructor ratings

4.9 (35 ratings)

Javier Estrada

IESE Business School

2 Courses92,698 learners

Offered by

IESE Business School

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4.8

113 reviews

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Reviewed on Dec 30, 2024

Professor Javier Estrada's teaching techniques from real world scenarios and articles are very interesting to follow and learn.

Reviewed on Sep 13, 2021

Thank You Javier Estrada, looking forward to future courses from you!!

Reviewed on Jan 7, 2021

Amazing Course and the way it was taught made it even more interesting!!

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