Corporate finance is the area of finance dealing with the sources of funding and the capital structure of corporations,
the actions that managers take to increase the value of the firm to the shareholders, and the tools and analysis used to
allocate financial resources. The primary goal of corporate finance is to maximise or increase shareholder value through
long-term and short-term financial planning and the implementation of various strategies. Everything from capital
investment decisions to investment banking falls under the domain of corporate finance.
Whether you are a private company looking to sell, make an acquisition or raise capital; a public company looking to divest
non-core assets or undertake a strategic acquisition in the far reaches of the globe; or an institutional investor needing
proprietary knowledge or access, corporate finance knowledge is essential for mergers, acquisitions and divestitures,
raising capital and aligning capital structure and financing strategy with overall strategic objectives and business drivers.
Corporate Finance Executives should help companies make informed decisions about capital investments, equity and
debt placements, refinancing, dividend recapitalisations, structures, and merger and acquisition alternatives. They should
provide actionable insights on available capital sources, growth objectives, and potential economic returns.
This course provides a solid introduction to the fundamentals of corporate finance, emphasising their application to a
wide variety of real-world situations spanning personal finance, corporate decision-making, and financial intermediation.
Key concepts and applications include: time value of money, risk-return tradeoff, cost of capital, interest rates, retirement
savings, mortgage financing, capital budgeting, asset valuation, Discounted Cash Flow (DCF) analysis, net present value,
internal rate of return, hurdle rate and payback period.