Objectives:

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

• Advance their knowledge of corporate financial management.
• Leverage their understanding in the macro finance roles from strategic and operational perspectives.
• Develop a practical understanding of corporate finance, capital budgeting and cost of capital.
• Gain knowledge of how equities and fixed-income securities are priced.
• Develop dynamic strategic financial planning models.
• Demonstrate understanding of mergers, acquisitions, takeovers, and corporate control.
• Manage their working capital effectively.
• Apply conservative and aggressive approaches in working capital management.

The Content:

The Scope of Corporate Finance

• Corporate Finance Functions
• Dimensions of Capital Raising
• Four Key Financial Statements
• Financial Statements and Cash Flow Analysis
• Types of Financial Ratios
• Future and Present Values Practical Applications

Strategic and Operational Financial Planning

• Overview of the Planning Process
• Long-Term Financial Planning
• Sustainable Growth Model
• Pro Forma Financial Statements
• Assumptions to Generate Pro Forma Financial Statements
• Building Strategic Financial Models
• Modeling What-If-Analysis

Corporate Finance, Capital Budgeting and Cost of Capital

• The Capital Budgeting Process
• Net Present Value and Internal Rate of Return
• Discounted Payback Period
• Profitability Index
• Weighted Average Cost of Capital
• Measures of Corporate Leverage
• Dividends and Share Repurchases

Mergers, Acquisitions, and Corporate Control

• Methods of Acquisitions
• Motives for Mergers and Acquisitions
• Anti-Takeover Measures
• Value Maximizing Strategies
• Bankruptcy and Financial Distress
• Major Causes of Business Failure
• Bankruptcy Laws
• Valuing a Target Company

Stock and Bond Valuation

• Valuation Fundamentals
• The Basic Valuation Model
• Term Structure of Interest Rates
• Zero Growth and Constant Growth Valuation Models
• Variable Growth Model

Short-Term Financial Management

• The Cash Conversion Cycle and Cash Management
• Accounts Receivable Management
• Operational Defensive Intervals
• Accounts Payable Management
• Aggressive versus Conservative Approach
• Working Capital Management