This newly revised and updated introductory series draws upon both finance theory and practical applications to help managers understand key concepts that underlie analysis and execution of financial decisions. Starting with the objectives of the firm and its Chief Financial Officer, the series teaches students how to apply time value of money principles, the capital budgeting framework, and analysis of financing options when making financial decisions.
Who should take this course:
Individuals in credit, investment banking, corporate finance, and sales and trading.
Prerequisites:
None
Training Hours/CPE Credits:
6
Modules
Introduction to Corporate Finance
Module Code
:
crpf_1023
Level
:
Basic
Training Hours/ CPE Credits
:
1
Module Description:
This module will provide you with a great introduction to the field of Corporate Finance. We'll start off with a discussion of maximizing the welfare of stockholders: every CFO's #1 job. Then we'll talk about the two broad topics that CFO's deal with every day: managing the company's cash flow, and maintaining access to the markets without taking unnecessary risks. We'll finish the lesson by taking a look at the concept of "the efficient" market, and the implications of efficient markets for a company's financial performance.
Learning Objectives:
After completing this module, you'll be able to:
Identify elements of corporate investment projects.
Recognize elements and sources of corporate financing.
Identify factors affecting the flow of corporate funds.
Relate the Efficient Markets Hypothesis (EMH) to corporate financial decision making.
Understand the impact of the Sarbanes-Oxley Act of 2002 on corporate finance decisions.
The Time Value of Money
Module Code
:
crpf_1024
Level
:
Basic
Training Hours/ CPE Credits
:
1
Module Description:
In this module, you'll learn the concept of the time value of money, and how to apply those concepts to some useful examples of present and future value.
Learning Objectives:
After completing this module, you'll be able to:
Define the present value of money.
Recognize the formulas involved in solving for different examples of present value.
Recognize the formulas involved in solving for different examples of future value.
Use a financial calculator to practice solving present and future value problems.
More Time Value Applications
Module Code
:
crpf_1025
Level
:
Basic
Training Hours/ CPE Credits
:
1
Module Description:
This module deals with the effects of interest rates on investment and financing projects.
Learning Objectives:
After completing this module, you'll be able to:
Evaluate investments by calculating interest rates, annual bond yields, and stock prices.
Discuss the factors that affect interest rates and borrowing costs for financing projects.
Capital Budgeting Overview
Module Code
:
crpf_1026
Level
:
Basic
Training Hours/ CPE Credits
:
1
Module Description:
This module examines the analytical framework that financial managers use to evaluate projects, what makes a project sufficiently profitable for the firm, and how they choose among mutually exclusive projects and handle special circumstances.
Learning Objectives:
After completing this module, you'll be able to:
Recognize the advantages of using Net Present Value versus Internal Rate of Return to calculate the value of a project.
Recall when and how to use the profitability index to rank the value of a project.
Determine the value of projects that have different life spans using the approaches called lowest common denominator and annual equivalency cash flow.
Recognize the formulas for the after-tax weighted average cost of capital and capital asset pricing model and how they are used to determine the cost of capital.
Identify the formulas for calculating cash flows resulting from investments and how they are used to determine the profitability of a project.
The Financing Decision
Module Code
:
crpf_1027
Level
:
Basic
Training Hours/ CPE Credits
:
1
Module Description:
This module covers financing decisions and how they affect the value of a firm.
Learning Objectives:
After completing this module, you'll be able to:
Recognize factors influencing a financing decision and characteristics influencing the associated debt/equity mix.
Recognize the significance of the debt-to-equity ratio to the financing decision and why firms may choose debt.
Recognize the effects of leverage and its relationship to cost of equity (how financing decisions affect the value of a firm).
Calculate the cost of equity under various leverage ratios.
