In this course you will learn how to use key finance principles to understand and measure business success and to identify and promote true value creation. You will learn how to use accounting information to form key financial ratios to measure a company’s financial health and to manage a company's short-term and long-term liquidity needs. You will also learn how to use valuation techniques to make sound business investment and acquisition decisions. Finally, you will learn how to incorporate risk and uncertainty into investment decisions and how to evaluate the performance of existing investments.
Este curso faz parte do Programa de cursos integrados Gestão financeira
Corporate Finance I: Measuring and Promoting Value Creation
oferecido por
Programa de cursos integrados Gestão financeiraUniversidade de Illinois em Urbana-ChampaignUniversidade de Illinois em Urbana-Champaign
Informações sobre o curso
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Habilidades que você terá
Corporate FinanceProjectFinanceMergers And Acquisitions (M&A)
Resultados de carreira do aprendiz
40%
comecei uma nova carreira após concluir estes cursos
40%
consegui um benefício significativo de carreira com este curso
50%
recebi um aumento ou promoção
100% on-line
Comece imediatamente e aprenda em seu próprio cronograma.
Curso 5 de 7 no
Prazos flexíveis
Redefinir os prazos de acordo com sua programação.
Aprox. 25 horas para completar
Inglês
Legendas: Inglês
Programa - O que você aprenderá com este curso
1 hora para concluir
Course Overview
In this module, you will become familiar with the course, your instructor, your classmates, and our learning environment. The orientation also helps you obtain the technical skills required for the course.
1 hora para concluir
1 vídeo (Total 9 mín.), 5 leituras, 1 teste
5 leituras
Syllabus10min
About this Course: Ratings and Reviews10min
About the Discussion Forums10min
Glossary10min
Getting to Know Your Classmates10min
1 exercício prático
Orientation Quiz30min
5 horas para concluir
Module 1: The Objective of the Corporation and Analysis of Financial Ratios
In Module 1, we will discuss the objectives of the corporation. We will introduce the concept of shareholder value and discuss the pros and cons of maximizing stock prices. We will then learn how to calculate financial ratios that measure concepts such as liquidity, leverage, and profitability. We will work with accounting statements and financial data from real world companies and learn how to use this data to measure the financial health of companies and make comparisons with competitors.
5 horas para concluir
15 vídeos (Total 112 mín.), 3 leituras, 5 testes
15 videos
Why Maximizing the Stock Price is a Reasonable Goal For a Company10min
Conflicts Between Stock Price Maximization and Society9min
The Agency Problem and Corporate Governance8min
Balance Sheet Ratios: Introduction4min
Balance Sheet Ratios: Liquidity11min
Balance Sheet Ratios: Solvency12min
Income Statement Ratios: Profitability13min
Cash Flow Statement Ratios10min
Valuation Ratios10min
Module 1 Review2min
Like this course? Learn more with the iMBA! (optional)1min
Like this course? Learn more with the iMBA! (Optional)1min
Assignment 1 Overview2min
Assignment 1 Discussion10min
3 leituras
Module 1 Overview10min
Module 1 Readings10min
Module 1 Spreadsheets and Other Resources10min
4 exercícios práticos
Module 1 Practice Quiz 130min
Module 1 Practice Quiz 230min
Module 1 Practice Quiz 330min
Module 1 Quiz30min
5 horas para concluir
Module 2: Financial Planning
In Module 2, we will learn models that allow us to forecast and manage a company's short-term investments such as capital expenditures. We will forecast the future financial statements of a real world company and learn how to figure out how much external financing the company will need. We will then use real world examples to learn how short-term investments in working capital determine a company's need for short-term financing.
5 horas para concluir
14 vídeos (Total 114 mín.), 3 leituras, 5 testes
14 videos
Long-Term Financial Planning5min
Forecasting Income Statements8min
Forecasting Cash Flow Statements9min
Forecasting Balance Sheets8min
Raising Long-Term Financing: Discussion9min
Investments in Working Capital6min
Working Capital Ratios8min
Short-Term Financial Planning: Inventory11min
Seasonality and Receivables10min
Accounts Payable and Liquidity Risk13min
Module 2 Review3min
Assignment 2 Overview2min
Assignment 2 Discussion11min
3 leituras
Module 2 Overview10min
Module 2 Readings10min
Module 2 Spreadsheets and Other Resources10min
4 exercícios práticos
Module 2 Practice Quiz 130min
Module 2 Practice Quiz 230min
Module 2 Practice Quiz 330min
Module 2 Quiz30min
6 horas para concluir
Module 3: Making Investment Decisions
In Module 3, we will learn tools that allow us to measure the contribution of a new investment to shareholder value. We will learn how to calculate the net present value (NPV) of an investment and how to use the NPV to make a decision on whether to make the investment or not. We will also learn to calculate the rate of return (IRR) on an investment project and how to properly use the IRR in investment decisions. Finally, we will learn how to incorporate real options into investment analysis to be able to make decisions about investments such as R&D (research and development).
6 horas para concluir
15 vídeos (Total 148 mín.), 2 leituras, 6 testes
15 videos
NPV Example - Speeding Up the Collection of Receivables9min
The Concept of Net Present Value (NPV)15min
Calculating NPV in Excel4min
The Relationship Between NPV and Shareholder Value7min
The Internal Rate of Return (IRR)11min
Using the IRR to Evaluate Investments6min
Problems with the IRR11min
Additional Examples18min
Real Options - Valuing R&D15min
The Option to Wait - Gold Mine Example14min
The Option to Abandon a Project8min
Module 3 Review2min
Assignment 3 Overview2min
Assignment 3 Discussion15min
2 leituras
Module 3 Overview10min
Module 3 Readings10min
5 exercícios práticos
Module 3 Practice Quiz 130min
Module 3 Practice Quiz 230min
Module 3 Practice Quiz 330min
Module 3 Practice Quiz 430min
Module 3 Quiz30min
6 horas para concluir
Module 4: Mergers and Acquisitions, Risk, and Performance Evaluation
In Module 4, we will apply our investment valuation tools to understand when a merger between two companies creates shareholder value. We will learn to distinguish between good and bad reasons for companies to engage in mergers and acquisitions (M&A), and we will learn how to price an M&A deal. We will also learn the specific characteristics of leveraged buyouts (LBOs) and how they can create value for shareholders. We will then learn how to incorporate risk into investment valuation by changing discount rates. We will calculate the weighted-average cost of capital (WACC) for a real world company and learn how to use WACC to value investments and to measure the performance of the company or a division of the company.
6 horas para concluir
15 vídeos (Total 169 mín.), 3 leituras, 5 testes
15 videos
Good and Bad Reasons to Engage in M&A Transactions16min
Synergy Valuation and Deal Pricing12min
Means of Payment and Stock Market Reaction to M&A Deals14min
Leveraged Buyouts19min
Sensitivity Analysis14min
Using Discount Rates to Incorporate Risk Into the Valuation12min
Estimating the Required Return on Equity - The Market13min
Estimating the Required Return on Equity - The Company12min
Estimating the WACC7min
Performance Evaluation: Economic Value-Added (EVA)7min
Using EVA to Measure Performance of a Company's Division13min
Module 4 Review2min
Assignment 4 Overview3min
Assignment 4 Discussion12min
3 leituras
Module 4 Overview10min
Module 4 Readings10min
Module 4 Spreadsheets and Other Resources10min
4 exercícios práticos
Module 4 Practice Quiz 130min
Module 4 Practice Quiz 230min
Module 4 Practice Quiz 330min
Module 4 Quiz30min
7 minutos para concluir
Course Conclusion
7 minutos para concluir
1 vídeo (Total 7 mín.)
1 vídeos
Conclusion6min
Principais avaliações do Corporate Finance I: Measuring and Promoting Value Creation
I found this course to be engaging and interesting. The content was explained well. I greatly appreciate what I have learned from this course, and feel it will be helpful in my future endeavors.
An excellent course and probably one of the finest on offer. Valuable learnings even for finance professionals like me. Highly recommended for all management students and managers.
Comece a trabalhar rumo ao seu mestrado
Este curso é parte da graduação 100% on-line Master of Business Administration (iMBA) da Universidade de Illinois em Urbana-ChampaignUniversidade de Illinois em Urbana-Champaign.
Caso seja aceito para o programa completo, seus cursos contarão para sua graduação.
Sobre Universidade de Illinois em Urbana-ChampaignUniversidade de Illinois em Urbana-Champaign
The University of Illinois at Urbana-Champaign is a world leader in research, teaching and public engagement, distinguished by the breadth of its programs, broad academic excellence, and internationally renowned faculty and alumni. Illinois serves the world by creating knowledge, preparing students for lives of impact, and finding solutions to critical societal needs.
Sobre Programa de cursos integrados Gestão financeira
This Specialization covers the fundamentals of strategic financial management, including financial accounting, investments, and corporate finance. You will learn to evaluate major strategic corporate and investment decisions and to understand capital markets and institutions from a financial perspective, and you will develop an integrated framework for value-based financial management and individual financial decision-making.
The Financial Management Specialization is part of the University of Illinois iMBA Program. Each course in this Specialization also fulfills a portion of the requirements for a University of Illinois course that can earn you college credit.
When you complete the Financial Management Specialization, you will:
· Have a solid foundation in developing an integrated framework for strategic financial decision-making.
· Have a thorough understanding of financial statements and the financial information they provide, and be able to critically evaluate and analyze cash flows statements.
· Understand the management and evaluation of portfolios and firm valuation techniques.
· Understand how to incorporate risk and uncertainty into investment decisions and understand how companies make financing and investment decisions.
Perguntas Frequentes – FAQ
Quando terei acesso às palestras e às tarefas?
Ao se inscrever para um Certificado, você terá acesso a todos os vídeos, testes e tarefas de programação (se aplicável). Tarefas avaliadas pelos colegas apenas podem ser enviadas e avaliadas após o início da sessão. Caso escolha explorar o curso sem adquiri-lo, talvez você não consiga acessar certas tarefas.
O que recebo ao me inscrever nesta Especialização?
Quando você se inscreve no curso, tem acesso a todos os cursos na Especialização e pode obter um certificado quando concluir o trabalho. Seu Certificado eletrônico será adicionado à sua página de Participações e você poderá imprimi-lo ou adicioná-lo ao seu perfil no LinkedIn. Se quiser apenas ler e assistir o conteúdo do curso, você poderá frequentá-lo como ouvinte sem custo.
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