Introduction to Corporate Finance

edX Introduction to Corporate Finance

Platform
EdX
Provider
Columbia University
Effort
3-5 hours a week
Length
6 weeks
Language
English
Credentials
Paid Certificate Available
Part of
Course Link
Overview
This course will provide a general understanding of financial valuation, quantitative analysis of individual and corporate financing, and savings/investment decisions.

You will learn how to evaluate what an asset is worth, and how a variety of tools can help investors and managers make investment decisions. These tools include:
  • Models such as the Gordon Growth Model and the 2-stage Dividend Discount Model;
  • Programs such as Excel and a financial calculator;
  • Formulas such as annuity, perpetuity, and growing perpetuity.
You will explore the time value of money and learn how investors value streams of cash flows that arrive at different times.

We will also discuss risk and return characteristics of different marketable securities, consider what it means for an investment to be risky, and examine methods of valuing assets.

What you'll learn
  • How to value any asset
  • Decide which projects to take out of the many a corporation might be considering
  • Compute the return on any project
  • Compute the value that a project adds
  • Value a bond and compute its yield
  • Value a stock using a simple model (i.e., determine the fair price of a stock)
Syllabus
Week 1: The Time Value of Money & Present Value
Week 2: Net Present Value & The Internal Rate of Return Rule
Week 3: Capital Budgeting
Week 4: Valuation of Bonds and Stocks

Taught by
Daniel Wolfenzon

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