About this Course
4.7
268 ratings
36 reviews
Specialization
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100% online

Start instantly and learn at your own schedule.
Flexible deadlines

Flexible deadlines

Reset deadlines in accordance to your schedule.
Hours to complete

Approx. 14 hours to complete

Suggested: 4 hours/week...
Available languages

English

Subtitles: English, Korean
Specialization
100% online

100% online

Start instantly and learn at your own schedule.
Flexible deadlines

Flexible deadlines

Reset deadlines in accordance to your schedule.
Hours to complete

Approx. 14 hours to complete

Suggested: 4 hours/week...
Available languages

English

Subtitles: English, Korean

Syllabus - What you will learn from this course

Week
1
Hours to complete
3 hours to complete

Alternative Approaches to Making the Optimal Investment Decision

This week we will define and explain the key approaches to investment evaluation utilized by corporations around the world. We will also consider the way in which sensitivity analysis might be employed so as to provide information to management beyond the simple “invest-don’t-invest” decision. ...
Reading
7 videos (Total 56 min), 7 readings, 2 quizzes
Video7 videos
1.0 Welcome and Introduction4m
1.1 Discounted Cash Flow Analysis8m
1.2 Net Present Value Analysis9m
1.3 Internal Rate of Return Analysis11m
1.4 Alternatives to DCF Techniques8m
1.5 Sensitivity Analysis11m
Reading7 readings
Course Syllabus10m
Your Teaching Team10m
Week 1 Outline10m
Start of Course Survey10m
Resources10m
Social Media10m
Study Tools and Tips10m
Quiz2 practice exercises
Week 1 practice quiz - This quiz does not contribute to your final grade20m
Week 1 graded quiz - This quiz contributes 10% towards your final grade20m
Week
2
Hours to complete
2 hours to complete

Raising Capital and the Choices Firms Face

In week 2 we will explain the mechanics behind how firms go to the market via an initial public offering (IPO) to raise new equity capital. We then demonstrate the impact of introducing debt on the returns to shareholders and highlight the different factors that influence debt levels for firms operating in different industries. We conclude by considering how firms make decisions about the optimal level of profits that should be returned to shareholders....
Reading
8 videos (Total 57 min), 1 reading, 2 quizzes
Video8 videos
2.1 Raising Equity Capital 1: The IPO Process6m
2.2 Raising Equity Capital 2: IPO Underpricing7m
2.3 Raising Debt Capital 1: Introducing Financial Risk5m
2.4 Raising Debt Capital 2: Explaining Differences in Debt Levels14m
2.5 The Payout Decision12m
BNY Mid Course Check-in7m
Mid Course Check-in with Sean Pinder1m
Reading1 reading
Week 2 Outline10m
Quiz2 practice exercises
Week 2 practice quiz - This quiz does not contribute to your final grade30m
Week 2 graded quiz - This quiz contributes 10% towards your final grade30m
Week
3
Hours to complete
2 hours to complete

Creating Value via Takeovers, Mergers and Corporate Restructuring

During week 3 we will explain how takeovers and mergers occur in practice, define the key terms used in the analysis of markets for corporate control and then develop an understanding of how changes in control might be objectively assessed via financial analysis. In addition to answering the question “how might we create wealth through growth?” we will also consider how value might be created by getting smaller in our review of the impact of corporate restructuring on shareholder wealth....
Reading
6 videos (Total 58 min), 1 reading, 2 quizzes
Video6 videos
3.1 The Anatomy of an Acquisition7m
3.2 The Financial Evaluation of a Takeover12m
3.3 Establishing the Economic Rationale for Takeover Activity12m
3.4 Corporate Restructuring via Spinoffs, Divestitures and Equity Carve-outs8m
3.5 Empirical Evidence of the Wealth Impact of Mergers, Acquisitions and Corporate Restructuring10m
Reading1 reading
Week 3 Outline10m
Quiz2 practice exercises
Week 3 practice quiz - This quiz does not contribute to your final grade30m
Week 3 graded quiz - This quiz contributes 10% towards your final grade30m
Week
4
Hours to complete
6 hours to complete

Alternative Approaches to Risk Management

In the final week of this course we define and demonstrate the use of different derivative securities in risk management including; forwards, futures and option contracts. We explain the key drivers of option values and explain how options might be combined to provide different payoff structures. We conclude by considering how risk management might create value for shareholders. ...
Reading
6 videos (Total 50 min), 4 readings, 4 quizzes
Video6 videos
4.1 Using Forwards and Futures to Manage Risk9m
4.2 Introducing Options11m
4.3 The Drivers of Option Values11m
4.4 Caps, Floors and Collars3m
4.5 Why Manage Risk?10m
Reading4 readings
Week 4 Outline10m
Academic Integrity10m
Where To From Here? The Next Step.10m
End of Course Survey10m
Quiz3 practice exercises
Week 4 practice quiz - This quiz does not contribute to your final grade30m
Week 4 graded quiz - This quiz contributes 10% towards your final grade30m
Course Final Exam - This quiz contributes 40% towards your final grade18m
4.7
36 ReviewsChevron Right

Top Reviews

By MGSep 15th 2018

Amazing course, appreciated the structure and contents. The industry examples are well tied with the concepts and help gain a deeper insight into their practical applications.

By MSMay 5th 2018

The course is structured well to give in depth knowledge about derivatives and the process of mergers and acquisitions, which are the two major topic discussed in the course.

Instructors

Avatar

Paul Kofman

Dean, Faculty of Business and Economics
Sidney Myer Chair of Commerce
Avatar

Sean Pinder

Associate Professor
Faculty of Business and Economics

About The University of Melbourne

The University of Melbourne is an internationally recognised research intensive University with a strong tradition of excellence in teaching, research, and community engagement. Established in 1853, it is Australia's second oldest University....

About the Essentials of Corporate Finance Specialization

You will gain a firm understanding of corporate finance, including accounting principles and financial analysis, how value is created by global markets, the choices firms face when making financial decisions and defining attitudes towards risk. The Specialization concludes with a Capstone project that allows you to apply the skills you've learned throughout the courses....
Essentials of Corporate Finance

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.

More questions? Visit the Learner Help Center.