About this Course
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Approx. 17 hours to complete

Suggested: 8 hours/week...


Subtitles: English, Korean

Skills you will gain

Risk ManagementCorporate FinanceMergers And Acquisitions (M&A)Debt

100% online

Start instantly and learn at your own schedule.

Flexible deadlines

Reset deadlines in accordance to your schedule.

Approx. 17 hours to complete

Suggested: 8 hours/week...


Subtitles: English, Korean

Syllabus - What you will learn from this course

1 hour to complete

Course Orientation

2 videos (Total 13 min), 4 readings, 1 quiz
4 readings
About the Discussion Forums10m
Getting to Know Your Classmates10m
1 practice exercise
Orientation Quiz10m
3 hours to complete

Module 1: Raising Financing: The Capital Structure Decision

12 videos (Total 122 min), 2 readings, 3 quizzes
12 videos
Two Misconceptions8m
Debt Increases Systematic Risk10m
Evidence From the Field: Which Type of Capital Do Firms Prefer?9m
The Effect of Leverage On Taxes and Profits7m
Leverage and Personal Taxes9m
Leverage and the Risk of Financial Distress9m
The Trade-off Theory of Capital Structure7m
Analog Outfitters30m
1-11: Module 1 Review3m
2 readings
Module 1 Overview10m
Module 1 Readings10m
3 practice exercises
Practice Quiz 112m
Practice Quiz 216m
Module 1 Quiz16m
5 hours to complete

Module 2: Understanding Debt Financing and Payout Policy

12 videos (Total 109 min), 2 readings, 5 quizzes
12 videos
Credit Default Swaps10m
The Many Different Types of Debt8m
Bank or Market Financing?13m
Do Dividends and Share Repurchases Affect Firm Value?9m
Main Factors Driving Payout Decisions8m
Dividends or Repurchases?11m
2-10: Module 2 Review2m
Assignment 1 Overview1m
Assignment 1 Discussion15m
2 readings
Module 2 Overview10m
Module 2 Readings10m
4 practice exercises
Practice Quiz 110m
Practice Quiz 212m
Practice Quiz 310m
Module 2 Quiz20m
3 hours to complete

Module 3: Risk Management

11 videos (Total 96 min), 2 readings, 3 quizzes
11 videos
Futures Contracts9m
Hedge Ratios and Imperfect Hedging7m
Liquidity as a Substitute for Hedging12m
Bilateral Contracts9m
Operational Hedging10m
Currency Risk and the Cost of Capital13m
Adjusting the Cost of Capital for International Projects11m
3-11 Module 3 Review3m
2 readings
Module 3 Overview10m
Module 3 Readings10m
3 practice exercises
Practice Quiz 118m
Practice Quiz 212m
Module 3 Quiz16m
6 hours to complete

Module 4: Financial Management of Acquisitions and R&D

14 videos (Total 158 min), 2 readings, 5 quizzes
14 videos
Capital Structure and Payout Policy in M&A Part II12m
Financing Private Equity Deals Part I8m
Financing Private Equity Deals Part II11m
Leveraged Buyout (LBO) Modeling Part I8m
Leveraged Buyout (LBO) Modeling Part II16m
Financing R&D Investments8m
Risk Management for R&D Projects10m
Nona Inc.28m
4-11: Module 4 Review2m
Assignment 2 Overview1m
Assignment 2 Discussion16m
2 readings
Module 4 Overview10m
Module 4 Readings10m
4 practice exercises
Practice Quiz 116m
Practice Quiz 216m
Practice Quiz 38m
Module 4 Quiz20m
15 minutes to complete

Course Conclusion

1 video (Total 15 min)
1 video
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Top reviews from Corporate Finance II: Financing Investments and Managing Risk

By ROMar 2nd 2019

Excellent material to drive and support the discussions introduced in the live sessions. Some materials may need a review (particularly wording), but it does not compromise the overall content at all.

By DBJun 27th 2019

I didn't realise how much I'd learn in this course. So many concepts I've touched on before and thought I knew a bit about, but in hindsight I really didn't understand, until I completed this course.



Heitor Almeida

Professor of Finance, Stanley C. and Joan J. Golder Chair in Corporate Finance
Department of Finance, College of Business

Start working towards your Master's degree

This course is part of the 100% online Master of Business Administration (iMBA) from University of Illinois at Urbana-Champaign. If you are admitted to the full program, your courses count towards your degree learning.

About University of Illinois at Urbana-Champaign

The University of Illinois at Urbana-Champaign is a world leader in research, teaching and public engagement, distinguished by the breadth of its programs, broad academic excellence, and internationally renowned faculty and alumni. Illinois serves the world by creating knowledge, preparing students for lives of impact, and finding solutions to critical societal needs. ...

About the Financial Management Specialization

This Specialization covers the fundamentals of strategic financial management, including financial accounting, investments, and corporate finance. You will learn to evaluate major strategic corporate and investment decisions and to understand capital markets and institutions from a financial perspective, and you will develop an integrated framework for value-based financial management and individual financial decision-making. The Financial Management Specialization is part of the University of Illinois iMBA Program. Each course in this Specialization also fulfills a portion of the requirements for a University of Illinois course that can earn you college credit. When you complete the Financial Management Specialization, you will: · Have a solid foundation in developing an integrated framework for strategic financial decision-making. · Have a thorough understanding of financial statements and the financial information they provide, and be able to critically evaluate and analyze cash flows statements. · Understand the management and evaluation of portfolios and firm valuation techniques. · Understand how to incorporate risk and uncertainty into investment decisions and understand how companies make financing and investment decisions....
Financial Management

Frequently Asked Questions

  • Once you enroll for a Certificate, you’ll have access to all videos, quizzes, and programming assignments (if applicable). Peer review assignments can only be submitted and reviewed once your session has begun. If you choose to explore the course without purchasing, you may not be able to access certain assignments.

  • When you enroll in the course, you get access to all of the courses in the Specialization, and you earn a certificate when you complete the work. Your electronic Certificate will be added to your Accomplishments page - from there, you can print your Certificate or add it to your LinkedIn profile. If you only want to read and view the course content, you can audit the course for free.

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