In this course, participants will learn about the key financial decisions modern corporations face, as well as the alternative methods that can be employed to optimize the value of the firm’s assets. This is part of a Specialization in corporate finance created in partnership between the University of Melbourne and Bank of New York Mellon (BNY Mellon).
This course is part of the Essentials of Corporate Finance Specialization
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Essentials of Corporate Finance SpecializationThe University of MelbourneAbout this Course
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Course 3 of 5 in the
Approx. 11 hours to complete
English
Subtitles: French, Portuguese (European), Korean, Russian, English, Spanish
Flexible deadlines
Reset deadlines in accordance to your schedule.
Shareable Certificate
Earn a Certificate upon completion
100% online
Start instantly and learn at your own schedule.
Course 3 of 5 in the
Approx. 11 hours to complete
English
Subtitles: French, Portuguese (European), Korean, Russian, English, Spanish
Offered by
The University of Melbourne
The University of Melbourne is an internationally recognised research intensive University with a strong tradition of excellence in teaching, research, and community engagement. Established in 1853, it is Australia's second oldest University.
Syllabus - What you will learn from this course
3 hours to complete
Alternative Approaches to Making the Optimal Investment Decision
This week we will define and explain the key approaches to investment evaluation utilized by corporations around the world. We will also consider the way in which sensitivity analysis might be employed so as to provide information to management beyond the simple “invest-don’t-invest” decision.
3 hours to complete
7 videos (Total 56 min), 7 readings, 2 quizzes
2 hours to complete
Raising Capital and the Choices Firms Face
In week 2 we will explain the mechanics behind how firms go to the market via an initial public offering (IPO) to raise new equity capital. We then demonstrate the impact of introducing debt on the returns to shareholders and highlight the different factors that influence debt levels for firms operating in different industries. We conclude by considering how firms make decisions about the optimal level of profits that should be returned to shareholders.
2 hours to complete
8 videos (Total 57 min), 1 reading, 2 quizzes
2 hours to complete
Creating Value via Takeovers, Mergers and Corporate Restructuring
During week 3 we will explain how takeovers and mergers occur in practice, define the key terms used in the analysis of markets for corporate control and then develop an understanding of how changes in control might be objectively assessed via financial analysis. In addition to answering the question “how might we create wealth through growth?” we will also consider how value might be created by getting smaller in our review of the impact of corporate restructuring on shareholder wealth.
2 hours to complete
6 videos (Total 58 min), 1 reading, 2 quizzes
4 hours to complete
Alternative Approaches to Risk Management
In the final week of this course we define and demonstrate the use of different derivative securities in risk management including; forwards, futures and option contracts. We explain the key drivers of option values and explain how options might be combined to provide different payoff structures. We conclude by considering how risk management might create value for shareholders.
4 hours to complete
6 videos (Total 50 min), 4 readings, 4 quizzes
Reviews
TOP REVIEWS FROM CORPORATE FINANCIAL DECISION-MAKING FOR VALUE CREATION
by EBOct 15, 2020
It was very nice to join this course. The most important point for all sector is to give financial decision at this very volatile market. This course will give good insight to approach this target.
by MGSep 14, 2018
Amazing course, appreciated the structure and contents. The industry examples are well tied with the concepts and help gain a deeper insight into their practical applications.
by MSMay 4, 2018
The course is structured well to give in depth knowledge about derivatives and the process of mergers and acquisitions, which are the two major topic discussed in the course.
by EPFeb 21, 2016
Excellent course. I thought it was very much informative about the subject matter. I need to view the videos a few more times to gain more expertise over the subject matter.
About the Essentials of Corporate Finance Specialization
You will gain a firm understanding of corporate finance, including accounting principles and financial analysis, how value is created by global markets, the choices firms face when making financial decisions and defining attitudes towards risk. The Specialization concludes with a Capstone project that allows you to apply the skills you've learned throughout the courses.
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