Principles of Corporate Finance | Your Training Partner

Corporate Finance is an important foundation for all financial decisions of a firm. A vast range of business decisions from credit analysis to merger and acquisition activity require knowledge of basic financial principles. These basic principles are taught by utilizing both theory and practical applications. While there are procedures and formulas, they need to be integrated with good business judgments. Included in the practical applications will be exercises and reference to a company case. The ultimate objective is to explore methods of valuating a firm and enhancing it with various corporate finance strategies.

Principles of Corporate Finance and Valuation Course Objectives:

By the end of the course, participants will be able to:

Solve problems using various time value of money concepts
Identify statistical issues
Identify the relevant costs in a project
Calculate and compare advantages and weaknesses of capital budgeting techniques, especially the NPV and IRR of a project
Demonstrate how different qualitative factors impact on value
Calculate free cash flow forecasts and the challenges in determining their proper use
Calculate the terminal value of a business and determine its appropriate use
Calculate the enterprise and equity value of a business
Discuss Behavioral Issues
Discuss Relative Valuations Techniques among comparable companies
Explain why WACC is used to discount company free cash flows
Calculate WACC, cost of debt and cost of equity
Discuss other valuation methods including CAPM and Arbitrage Pricing Theory
Determine the optimal capital structure of a company and its dividend policy

Prerequisites: Knowledge of the capital markets and financial accounting statements
Program Level: Foundation to Intermediate
Advance Preparation: Financial Calculator required
Recommended CPE Credits: 7