In this course, participants will learn about the key financial decisions modern corporations face, as well as the alternative methods that can be employed to optimize the value of the firm’s assets. This is part of a Specialization in corporate finance created in partnership between the University of Melbourne and Bank of New York Mellon (BNY Mellon).
本課程是 Essentials of Corporate Finance 專項課程 專項課程的一部分
Corporate Financial Decision-Making for Value Creation
提供方
教學大綱 - 您將從這門課程中學到什麼
週
1Alternative 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.
7 個視頻 （總計 56 分鐘）, 7 個閱讀材料, 2 個測驗
7 個視頻
1.0 Welcome and Introduction4分鐘
1.1 Discounted Cash Flow Analysis8分鐘
1.2 Net Present Value Analysis9分鐘
1.3 Internal Rate of Return Analysis11分鐘
1.4 Alternatives to DCF Techniques8分鐘
1.5 Sensitivity Analysis11分鐘
7 個閱讀材料
Course Syllabus10分鐘
Your Teaching Team10分鐘
Week 1 Outline10分鐘
Start of Course Survey10分鐘
Resources10分鐘
Social Media10分鐘
Study Tools and Tips10分鐘
2 個練習
Week 1 practice quiz - This quiz does not contribute to your final grade20分鐘
Week 1 graded quiz - This quiz contributes 10% towards your final grade20分鐘
週
2Raising 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.
8 個視頻 （總計 57 分鐘）, 1 個閱讀材料, 2 個測驗
8 個視頻
2.1 Raising Equity Capital 1: The IPO Process6分鐘
2.2 Raising Equity Capital 2: IPO Underpricing7分鐘
2.3 Raising Debt Capital 1: Introducing Financial Risk5分鐘
2.4 Raising Debt Capital 2: Explaining Differences in Debt Levels14分鐘
2.5 The Payout Decision12分鐘
BNY Mid Course Check-in7分鐘
Mid Course Check-in with Sean Pinder1分鐘
1 個閱讀材料
Week 2 Outline10分鐘
2 個練習
Week 2 practice quiz - This quiz does not contribute to your final grade30分鐘
Week 2 graded quiz - This quiz contributes 10% towards your final grade30分鐘
週
3Creating 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.
6 個視頻 （總計 58 分鐘）, 1 個閱讀材料, 2 個測驗
6 個視頻
3.1 The Anatomy of an Acquisition7分鐘
3.2 The Financial Evaluation of a Takeover12分鐘
3.3 Establishing the Economic Rationale for Takeover Activity12分鐘
3.4 Corporate Restructuring via Spinoffs, Divestitures and Equity Carve-outs8分鐘
3.5 Empirical Evidence of the Wealth Impact of Mergers, Acquisitions and Corporate Restructuring10分鐘
1 個閱讀材料
Week 3 Outline10分鐘
2 個練習
Week 3 practice quiz - This quiz does not contribute to your final grade30分鐘
Week 3 graded quiz - This quiz contributes 10% towards your final grade30分鐘
週
4Alternative 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.
6 個視頻 （總計 50 分鐘）, 4 個閱讀材料, 4 個測驗
6 個視頻
4.1 Using Forwards and Futures to Manage Risk9分鐘
4.2 Introducing Options11分鐘
4.3 The Drivers of Option Values11分鐘
4.4 Caps, Floors and Collars3分鐘
4.5 Why Manage Risk?10分鐘
4 個閱讀材料
Week 4 Outline10分鐘
Academic Integrity10分鐘
Where To From Here? The Next Step.10分鐘
End of Course Survey10分鐘
3 個練習
Week 4 practice quiz - This quiz does not contribute to your final grade30分鐘
Week 4 graded quiz - This quiz contributes 10% towards your final grade30分鐘
Course Final Exam - This quiz contributes 40% towards your final grade18分鐘
4.7
36 個審閱50%
完成這些課程後已開始新的職業生涯
25%
通過此課程獲得實實在在的工作福利
熱門審閱
創建者 MG•Sep 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.
創建者 MS•May 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.
講師
Paul Kofman
Dean, Faculty of Business and EconomicsSidney Myer Chair of Commerce
Sean Pinder
Associate ProfessorFaculty of Business and Economics
關於 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.
關於 Essentials of Corporate Finance 專項課程
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.
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