Corporate Finance Essentials II

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Corporate Finance Essentials II

This course is part of Think like a CFO Specialization

Instructor: Javier Estrada

11,238 already enrolled

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6 modules

Gain insight into a topic and learn the fundamentals.

120 reviews

Intermediate level

Recommended experience

1 week to complete

at 10 hours a week

Flexible schedule

Learn at your own pace

6 modules

Gain insight into a topic and learn the fundamentals.

120 reviews

Intermediate level

Recommended experience

1 week to complete

at 10 hours a week

Flexible schedule

Learn at your own pace

What you'll learn

Skills you'll gain

Details to know

Shareable certificate

Add to your LinkedIn profile

Assessments

11 assignments

Taught in English

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This course is part of the Think like a CFO Specialization

When you enroll in this course, you'll also be enrolled in this Specialization.

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There are 6 modules in this course

Building upon your Corporate Finance Essentials foundation, this course delves into crucial aspects of corporate finance, including market efficiency, bond valuation, stock analysis, capital structure, and dividend policy. You will learn to assess market efficiency, analyze bond yields and default risk, value stocks using relative valuation techniques, and understand capital sourcing strategies.

Welcome back to Corporate Finance! In this opening session, we’ll revisit the key concepts from Corporate Finance Essentials and preview the advanced topics ahead. Think of this as your strategic launchpad for deepening your finance fluency.

What's included

9 videos2 readings1 assignment

9 videos Total 23 minutes

Introduction 2 minutes
Professor's Biography 1 minute
Risk and return 5 minutes
Correlation and Diversification 4 minutes
The CAPM and the Cost of Capital 3 minutes
Estimating the Cost of Capital 2 minutes
Project Evaluation 2 minutes
Corporate Value Creation 2 minutes
A Look Ahead to Corporate Finance Essentials II 3 minutes

2 readings Total 15 minutes

Syllabus 10 minutes
Get help and meet other learners in this course. Join your discussion forums! 5 minutes

1 assignment Total 30 minutes

Which Measure Do You Use? 30 minutes

Let’s explore one of modern finance’s foundational ideas: market efficiency. In this module, you’ll learn what it really means, why it matters, and how it shapes everything from pricing to investor behavior.

What's included

9 videos2 assignments

9 videos Total 56 minutes

Market Efficiency 8 minutes
Factors determining Market Efficiency 5 minutes
A Myth 4 minutes
Levels of Efficiency 7 minutes
Fundamental and Technical Analysis 8 minutes
Four Important Points 11 minutes
Beating the Market 5 minutes
Investing 5 minutes
The bottom Line 3 minutes

2 assignments Total 60 minutes

Market Efficiency—What Can You Expect? 30 minutes
Market Efficiency 30 minutes

Welcome to the world of fixed income. This module introduces you to the essentials of bond investing, key terms, types of bonds, and how to assess returns and risk. You'll develop the tools to understand debt markets with clarity.

What's included

10 videos1 reading2 assignments

10 videos Total 56 minutes

Bonds. Introduction 2 minutes
Bond Issuers and Bond Types 8 minutes
A Simple Example 2 minutes
Valuation 8 minutes
Valuation. Case Study 4 minutes
The Yield to Maturity 9 minutes
The Yield to Maturity. Case Study 9 minutes
Risk. Default Risk 10 minutes
Risk. Other sources of bond risk 3 minutes
The Bottom Line 2 minutes

1 reading Total 10 minutes

The Essential Finantial Toolkit 10 minutes

2 assignments Total 60 minutes

What Type of Bond Is It? 30 minutes
Bonds 30 minutes

Time to think like a valuation analyst. This module dives into stock valuation through relative valuation methods, especially the use of multiples. You’ll learn what makes a stock “expensive” or “cheap,” and why context is everything.

What's included

9 videos1 reading2 assignments

9 videos Total 43 minutes

The Basics 5 minutes
Multiples. Two critical issues 3 minutes
Multiples. The P/E Ratio 5 minutes
Multiples. Benchmarks 8 minutes
Multiples. The Critical Question 4 minutes
Multiples. The PEG Ratio 5 minutes
Case Study. Part 1 7 minutes
Case Study. Part 2 4 minutes
The Bottom Line 2 minutes

1 reading Total 10 minutes

The Essential Financial Toolkit. Multiples 10 minutes

2 assignments Total 60 minutes

Which multiple tells the full story? 30 minutes
Stocks 30 minutes

How should firms fund their projects? This module tackles the mix of debt and equity that companies use to grow, combining quantitative frameworks with strategic considerations to determine the optimal capital structure.

What's included

6 videos1 assignment

Why do some companies pay dividends while others don’t? In our final module, you’ll explore the rationale behind dividend decisions and the financial signals they send. It’s a topic where strategy, expectations, and capital management meet.

What's included

8 videos3 assignments

8 videos Total 51 minutes

Dividend Policy. The Basics 7 minutes
Relevant variables. Environment 4 minutes
Relevant variables. Clienteles and Growth 8 minutes
Relevant variables. Smoothing 4 minutes
Relevant variables. Signals and Taxes 9 minutes
Share Buybacks 5 minutes
The Bottom Line 2 minutes
Corporate Finance Essentials II: Wrap Up 11 minutes

3 assignments Total 90 minutes

Why does it matter? 30 minutes
Dividend Policy 30 minutes
Corporate Finance Essentials II 30 minutes

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Instructor

Instructor ratings

(39 ratings)

Javier Estrada

IESE Business School

2 Courses 103,569 learners

Offered by

IESE Business School

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Reviewed on Nov 24, 2024

Great Prof. Estrada. Always very clear and professional.

Reviewed on Dec 30, 2024

Professor Javier Estrada's teaching techniques from real world scenarios and articles are very interesting to follow and learn.

Reviewed on Mar 31, 2022

Excellent course. Mr. Estrada does a great job of walking you through the various concepts.

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