Certificate in Advanced Corporate Finance Course

Why select this training course?

Finance forms a main part of the corporate world, and anyone with a concrete understanding can greatly benefit from it. Most of the financial problems facing most companies are about how to allocate money effectively. There are various options for this; money can be saved, borrowed, or used for a project, and projects can also be avoided or used with the aid of the lender. Corporate finance, at best, is how best to make better choices among the many available alternatives. This Rcademy course will teach the delegates the art and science of developing the best strategies for better decision-making by effectively using corporate financial theories. There are better financial policies and accurate financial instruments calculations with better decisions. It will also help answer why corporate finance is important and how it affects a company.

What are different corporate finance risks?

Corporate finance risks refer to the potential financial challenges a company may face and their impact on its financial performance and stability. Some common types of corporate finance risks include:

• Credit risk
• Market risk
• Liquidity risk
• Interest rate risk
• Exchange rate risk
• Political risk
• Regulatory risk
• Inflation risk
• Business cycle risk:
• Commodity price risk

What is capital budgeting?

Capital budgeting is evaluating and selecting long-term investments for a company. It involves the analysis of potential investment opportunities to determine if they align with the company’s overall strategy and goals and will generate positive returns. The process usually involves evaluating an investment’s costs, benefits, and risks and projecting its future cash flows over a certain period. Capital budgeting is an important aspect of corporate finance.

The Certificate in Advanced Corporate Finance Course by Rcademy will look into advanced theories used in financial markets by corporates to lend and borrow cash. Understanding the financial differences between the perfect existing capital markets and the imperfect known capital market will also be gained. Delegates can then learn how to use the learned theories to understand the security implications and design, acquiring and giving equity market, and financial dynamics. It will also help delegates understand various areas of corporate finance that are necessary for finance officers to make informed and right decisions to handle financial risks. The knowledge acquired from the Rcademy course is necessary for identifying and responding to fast-moving global economic changes with an objective and efficient framework designed to analyze and thoroughly evaluate the risks and great opportunities.

Who should attend?

The Certificate in Advanced Corporate Finance Course by Rcademy is designed to educate senior corporate leaders in finance and other industries such as banking, division/departments, and accounting. Any professional from a different industry can participate:
However, this Rcademy course is suitably designed to be ideal for the following professionals

• Financial consultants
• Portfolio managers
• Investments banker
• Corporate treasurers
• Investment managers
• Chief financial officers (CFOs)
• Any other professional who is interested in understanding corporate finance

What are the course objectives?

The following are the main objectives of the Certificate in Advanced Corporate Finance Course by Rcademy. It will enable the participants to:

• Apply the acquired knowledge to comfortably work with advanced theoretical and practical finance models
• Apply the learned techniques and methods to perform an accurate corporate valuation
• Discover various methods of preparing capital budgets
• Understand and determine the most optimal capital strategies
• Understand and prepare to handle international financial challenges, particularly currency risks, politics, and poor governance
• Develop an understanding that will strengthen their knowledge of global versatile financial markets
• Develop the required skills to make better financial, investments, and payout strategies
• Learn to examine various valuation models
• Understand the complexities of how mergers and acquisitions take place
• Apply the skills learned to make more efficient decisions regarding debts

How will this course be presented?

Rcademy has enjoyed and maintains a pre-eminent reputation for its quality teaching techniques, highly specialized facilitators, and better teaching and research methods  Therefore, this course will be delivered by the industry’s best professionals who are experts both in teaching and their fields  They will utilize practical case studies, examples, lectures, presentations, analyses of existing companies, and videos

What are the topics covered in this course?

Module 1: Modigliani and Miller Theorem

• Introduction to the theorem
• Capital structure choice
• Shares price
• Applications
• Examples

Module 2: Financial Ratios

• Net present value
• Price-earnings ratio
• Issues with a price-earnings ratio
• Valuation ratios
• Diagnostic ratios

Module 3: Corporate Restructuring 

• Consolidations and their Impact on Innovation
• The performance of acquisitive institutions
• Competitive challenges in banking
• Effects of long-run market
• Corporate spin-offs performance
• Case study: international example

Module 4: Corporate Governance

• Grant and stock exercise
• Lock-in contracts for shareholders
• Self-regulation and its roles, an example of the Netherlands
• Corporate governance
• Share prices
• Firm performances
• Trading volumes and their effects on shareholder’s lock-in contracts
• Transatlantic corporate governance reforms

Module 5: Capital Structure

• Mergers and acquisitions
• Firm valuation
• Information asymmetry
• Cost of capital
• Convertible bonds
• Valuation of mergers and acquisitions
• Taxes
• Capital budgeting
• Syndicated loans
• Bankruptcy and distress
• Case study: financing in the Dutch land

Module 6: Asset Pricing 

• Assets type and their risks
• Risk measure for retail investments
• Stocks return momentum
• Portfolio risks and choices
• Interest rates structures

Module 7: Risks

• The capital market theory
• Risks and returns
• Capital cost, risk, and budgeting
• The arbitrage pricing theory
• The capital asset pricing model

Module 8: Options and Futures

• Basic concepts
• Extensions and applications
• Derivatives and hedging risks
• Convertibles and warrant
• Cash management
• Financial distress
• International corporate finance
• Credit management
• Financial models

Module 9: Valuing Stocks

• Conventions of quotations
• Constantly shrinking dividends
• Constant dividends
• Constantly growing dividends
• Calculations
• Nonconstant dividends
• Dividend expected yield

Module 10: Capital Budgeting Decisions

• Discounted payback
• Cash flow signs
• Payback
• Problems with the internal rate of return (IRR)
• Profitability Index (PI)
• Equivalent annual cost
• Average accounting return (AAR)
• Intuition on NPV (Net Present Value)
• Modified IRR

Module 11: Weighted Average Cost (WACC)

• Calculating the preferred stock cost
• The WAAC formula
• The before-tax cost of debt calculations
• The component cost of Equity
• Calculations involving WACC
• Effective rates
• Nominal rates

Module 12: Corporate Finance Tool

• Scenario and sensitivity analysis
  – Sensitivity analysis
  – Sample project
  – Scenario analysis
• Depreciation charts
• Valuation in options
  – Expiration value
  – Binomial pricing model
  – Black-Scholes pricing model
  – Put-call parity
  – Call before the expiration
• Estimating future cash flows