关于此课程： 公司财务精要课程会让你深入理解有关公司，投资者以及他们在资本市场的相互影响的核心金融问题。本课程结束时，你应该能够读懂大部分金融出版物并可以使用基本的企业和财务专业金融词汇。(邹广隶 译)
制作方： 西班牙IESE商学院
教学方： Javier Estrada, Professor of Financial Management
Department of Financial Management
| 承诺学习时间 | 7周的学习;2-3小时/每周 |
| 语言 | English, 字幕： Korean, Chinese (Simplified) |
| 如何通过 | 通过所有计分作业以完成课程。 |
| 用户评分 |
授课大纲
第 1 周
Course Overview
Overall Syllabus
1 阅读材料
- Leyendo: Syllabus
第 2 周
Risk and Return
Welcome to Session 1 In this session we will discuss some basic but essential financial concepts such as mean return, volatility, and beta. We will also learn how to apply them in order to assess the performance of selected equity markets over the last decade. The learning objective is to understand the basic, essential, and widely used financial concepts.
7 视频, 3 阅读材料
- Leyendo: About this session
- 视频: 1. What is this course all about?
- 视频: 2. Periodic Returns
- 视频: 3. Arithmetic and Geometric Mean Returns
- 视频: 4. Evidence
- 视频: 5. Volatility
- 视频: 6. Beta
- 视频: 7. A brief recap
- Leyendo: Readings
- Leyendo: Intro to Quiz 1
已评分: Quiz 1
第 3 周
Correlation and Diversification
To understand diversification, an issue at the very heart of most investment decisions, and the role that correlation plays in determining the gains from diversification.
7 视频, 3 阅读材料
- Leyendo: About this session
- 视频: 1. Recap on the Previous Session
- 视频: 2. Portfolio Risk
- 视频: 3. The Correlation Coefficient
- 视频: 4. The Importance of Correlation
- 视频: 5. Diversification and Correlation Part 1
- 视频: 6. Diversification and Correlation Part 2
- 视频: 7. Diversification, Correlation and Portfolios
- Leyendo: Readings
- Leyendo: Intro to Quiz 2
已评分: Quiz 2
第 4 周
The CAPM and the Cost of Capital
In this session we will discuss how companies assess their cost of debt, their cost of equity, and ultimately their cost of capital. We will also discuss why this last concept is at the heart of many of the most important corporate decisions.
7 视频, 3 阅读材料
- Leyendo: About this session
- 视频: 1. What is the cost of capital?
- 视频: 2. Three ways to think about the cost of capital
- 视频: 3. Components and notation
- 视频: 4. The debt tax shield
- 视频: 5. The cost of debt
- 视频: 6. The cost of equity
- 视频: 7. The CAPM
- Leyendo: Readings
- Leyendo: Intro to Quiz 3
已评分: Quiz 3
第 5 周
Estimating the Cost of Capital - An Application
In this session we will put to work all the concepts discussed in the previous session by estimating the cost of capital of a company. As usual, when putting theory into practice, a few complications arise and we will discuss how to deal with them.
3 视频, 3 阅读材料
- Leyendo: About this session
- 视频: 1. Recap on the previous session
- 视频: 2. Estimating the cost of capital: Starbucks
- 视频: 3. Estimating the cost of capital: Starbucks; A Few Rounding Comments
- Leyendo: Readings
- Leyendo: Intro to Quiz 4
已评分: Quiz 4
第 6 周
Project Evaluation
In this session we will discuss how companies routinely decide whether or not to invest in projects. We will discuss the two tools most widely used for this purpose, NPV and IRR, and apply them to the evaluation of an investment opportunity.
8 视频, 3 阅读材料
- Leyendo: About this session
- 视频: 1. What is this all about?
- 视频: 2. Introduction to the Net Present Value (NPV)
- 视频: 3. The Net Present Value (NPV)
- 视频: 4. The Internal Rate of Return (IRR)
- 视频: 5. Shortcomings of the IRR
- 视频: 6. Evaluating an investment opportunity
- 视频: 7. Discount rates across countries or divisions
- 视频: 8. Discount rates over time
- Leyendo: Readings
- Leyendo: Intro to Quiz 5
已评分: Quiz 5
第 7 周
Corporate Value Creation
In this session we will discuss EVA, a tool widely used to assess whether a company is creating or destroying value. We will also put this tool into practice by estimating the EVA of two companies.
6 视频, 3 阅读材料
- Leyendo: About this session
- 视频: 1. Corporate value creation
- 视频: 2. Growth and return on growth
- 视频: 3. Economic value added (EVA)
- 视频: 4. EVA: Two examples
- 视频: 5. EVA levels versus EVA changes
- 视频: 6. Brief wrap up
- Leyendo: Readings
- Leyendo: Intro to Quiz 6
已评分: Quiz 6
常见问题解答
运作方式
Trabajo del curso
Cada curso es como un libro de texto interactivo, con videos pregrabados, cuestionarios y proyectos.
Ayuda de tus compañeros
Conéctate con miles de estudiantes y debate ideas y materiales del curso, y obtén ayuda para dominar los conceptos.
Certificados
Obtén reconocimiento oficial por tu trabajo y comparte tu éxito con amigos, compañeros y empleadores.
制作方
西班牙IESE商学院
For over fifty years, IESE, the graduate business school of the University of Navarra, has been at the forefront of management education, developing and inspiring business leaders who strive to make a deep, positive and lasting impact on the people, companies and society they serve.
评分和审阅
The best course of corporate finance
Very nice course to refresh your learnings on Corporate Finance.
If you really concentrate and study this course, it is one beautiful ride. The language is very simple for everyone to understand and the quality is top notch! Apart from the ambiguous nature of some questions, it is really a well structured course.
very good!