Corporate Finance Workshop


Course Calendar

DateLocationFees
7 Jan - 11 Jan 2019Stockholm2,800 €
4 Feb - 8 Feb 2019London3,800 €
25 Feb - 1 Mar 2019Munich3,800 €
11 Mar - 15 Mar 2019Istanbul1,500 €
1 Apr - 5 Apr 2019Munich2,800 €
22 Apr - 26 Apr 2019London3,800 €
20 May - 24 May 2019Stockholm2,800 €
17 Jun - 14 Jun 2019Istanbul1,500 €
15 Jul - 19 Jul 2019London3,800 €
19 Aug - 23 Aug 2019Dublin3,800 €
30 Sep - 4 Oct 2019Munich2,800 €
21 Oct - 25 Oct 2019Stockholm2,800 €
25 Nov - 29 Nov 2019Munich3,800 €
16 Dec - 20 Dec 2019Istanbul1,500 €
20 Jan - 24 Jan 2020Munich2,800 €

* Price excluding VAT


Outline PDF



  • Accounting Finance

Course Description

 
 
Why Attend
 
In today’s turbulent business environment, successful finance professionals need to be well equipped to make increasingly complex and challenging operating, investing and financing decisions. Aggressive versus conservative financial management, overvaluation, undervaluation and raising finance are complicated, but in today’s international marketplaces and constantly growing market competition, they are more challenging than ever. This corporate finance course will help you develop a strategic understanding of key financial decisions faced by organizations today.
 
Course Methodology
 
The course uses a mix of interactive techniques, such as brief presentations by the consultant and the participants, case studies, and group exercises to apply the knowledge acquired throughout the course.
 
Course Objectives
 
By the end of the course, participants will be able to:
  • Recognize the three pillars of corporate finance and distinguish between the different financing resources and investment opportunities
  • Interpret the cash conversion cycle and predict if the organization is collecting receivables as scheduled, managing inventory properly and settling payables as per market guidelines
  • Compute the weighted average cost of capital, examine the optimal capital structure and relate the company's dividend policy to its capital structure
  • Analyze capital investment decisions by applying payback, Net Present Value (NPV), discounted payback and Internal Rate of Return (IRR)
  • Employ diverse techniques in valuing equities using the income approach, market approach, residual income approach and asset based approach then make relevant investing and financing decisions
 
Target Audience
 
Finance professionals, finance managers, corporate controllers, financial controllers, treasury professionals, chief accountants, accounting managers, senior accountants, banking professionals, investment professionals, research analysts and corporate business professionals.
 
Target Competencies
 
Understanding operating, investing and financing decisions
Working capital management
Capital investments decision making
Calculating cost of capital
Setting dividend policy
Financial forecasting
Equity valuation
 
 
Course Outline
 
Introduction to corporate finance
  • Role and scope of corporate finance
  • Overview on operating decisions: managing current assets and current liabilities
  • Overview on investing decisions: opportunities and their benefits
  • Internal investments: replacement project, expansion projects, new products or markets
  • External investments: stocks, bonds, mergers and acquisitions
  • Overview on financing decisions: sources and their costs
  • Internal financing: preferred and common stocks
  • External financing: straight bonds, convertible bonds, sukuks, term loans and revolving lines of credit
 
Working capital and the financing decision
 
  • Deciding between liquidity versus profitability
  • Financing current assets: deciding between certainty and profitability
  • Working capital management styles: aggressive versus conservative
  • The cash conversion cycle
  • Cash management: accelerating collection and decelerating disbursements
 
Analyzing capital investment decisions
  • Know the 5 key principles in capital budgeting process
  • Building accurate cash flows forecasts for a correct conclusion
  • Calculating payback, NPV, discounted payback, and IRR using Excel
  • How to choose between projects with different useful lives
  • Capital rationing: allocating limited funds on available projects
  • Mistakes managers make when evaluating capital projects
 
Cost of capital and the optimal capital structure
 
  • The capital asset pricing model as a tool to calculate required return on equity
  • Choosing Beta: to identify project's sensitivity
  • Applying equity risk premium: to calculate return in excess of risk free rate
  • Calculating the correct Weighted Average Cost of Capital (WACC) for a project
  • Modigliani-Miller regarding capital structure
  • Calculating the optimal capital structure
  • Why company's actual structure fluctuates around its target capital structure
  • Factors that affect dividend policy
  • Methods of determining dividend policy:
  • Stable dividend policy: target dividend rate
  • Constant dividend rate
  • Residual dividend method
  • Effect on stock price after dividend declaration
 
Financial forecasting, analysis and valuations
 
  • Understanding the business: Michael Porter's 5 elements
  • Revenue forecasting: bottom up versus top down
  • Techniques for forecasting costs and expenses
  • Approaches to balance sheet modeling
  • Methods for public equity valuation: the when and why!
  • Discounted dividend valuation
  • Estimating the growth rate
  • Free cash flow valuation: free cash flow to firm and free cash flow to equity
  • Market based valuation: price and enterprise value multiples
  • Valuation conclusion used for investing decisions: invest in undervalued equities
  • Valuation conclusion used for financing decisions: issue your overvalued equities

Download PDF Enroll Now


Latest Tweets

Contact Us

  • Address:27 Old Gloucester Street , Monomark House , WC1N 3AX , London , United Kingdom

  • Phone: +44(203)2399994

  • Email: info@informatech.co.uk

  • Company Registered in U.K No. 10532767

Follow Us