The first course in Corporate Finance starts with a basic introduction of notation and terminology. It is meant as both a refresher as well as an introductory course. If you are new to the subject but are comfortable with basic accounting and financial statement concepts, skip directly to Corporate Finance: Risk & Return or to Corporate Finance Basics: Beta, Calculating WACC or Weighted Average Cost of Capital. If this is still basic stuff and you need some more material to chew on, take a look at the Beta and WACC Calculation Example from the AMD Corporate Finance Case Study. Alternatively for a complete look at the Corporate Finance Training Courses available, please see the Corporate Finance Training Roadmap.
We start off with Financial Statements, Time Value of Money, Risk and Return, Opportunity Cost, Cost of Capital, Weighted Average Cost of Capital and Return measures. We close with a 38 page detailed case study on Electronic Arts that reviews the Electronic Arts (EA) balance sheet, profit and loss statements, shows how to project the EA statements in the future and arrive at a valuation of EA at that point in time. The primary question we try and answer in this course is the valuation question: How do we derive a value for EA and how do we determine if it represents fair value for that share?
The course assumes no prior knowledge of the subject but requires familiarity with basic mathematics
- The first course in Corporate Finance
- Corporate Finance Training: Financial Statements – Balance Sheet, Profit & Loss and Cash flows
- Corporate Finance Training: The Balance Sheet, Assets, Depreciation
- Corporate Finance Training: Balance Sheet: Liabilities & Working Capital
- Corporate Finance Training: Equity and the Income Statement
- Corporate Finance Training: Risk & Return
- Corporate Finance Training: The many faces of Return: ROE, ROIC and Payback
- Corporate Finance Training: Discount rate and time value of money
- Corporate Finance Training: Present Value in Action
- Corporate Finance Training: Calculating Internal Rate of Return or IRR
- Corporate Finance Training: Opportunity Cost and Cost of Capital
- Corporate Finance Training: Beta, Calculating WACC or Weighted Average Cost of Capital
- Corporate Finance Training: Case Study: Electronic Arts (EA)
This course supplements material covered in the small business basic accounting course available separately at Basic Accounting Short Course for small business – Course Guide.