Corporate Finance Essentials II

This course is part of Think like a CFO Specialization

Instructor: Javier Estrada

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6 modules

Gain insight into a topic and learn the fundamentals.

4.8

(113 reviews)

Intermediate level

Some related experience required

11 hours to complete

3 weeks at 3 hours a week

Flexible schedule

Learn at your own pace

6 modules

Gain insight into a topic and learn the fundamentals.

4.8

(113 reviews)

Intermediate level

Some related experience required

11 hours to complete

3 weeks at 3 hours a week

Flexible schedule

Learn at your own pace

What you'll learn

Skills you'll gain

Details to know

Shareable certificate

Add to your LinkedIn profile

Assessments

11 assignments

Taught in English

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There are 6 modules in this course

This course picks up where Corporate Finance Essentials left, addressing other corporate

finance issues not addressed in the previous course, such as market efficiency, bonds, stocks, capital structure, and dividend policy. This course will help you to: ● Understanding the concept of market efficiency. ● Get an overview in issues related to bonds, such as type of bonds, their return (yield to maturity) and default risk ● Getting to know the valuation of stocks through the method of relative valuation (multiples) ● Knowing what are the sources that financial companies use to obtain capital for their projects ● Understanding two of the most critical decisions companies need to make: whether to pay dividends and if so, how much.

Welcome back to Corporate Finance! In this opening session, we’ll revisit the key concepts from Corporate Finance Essentials and preview the advanced topics ahead. Think of this as your strategic launchpad for deepening your finance fluency.

What's included

9 videos2 readings1 assignment1 plugin

9 videosTotal 23 minutes

Introduction1 minutePreview module
Professor's Biography1 minute
Risk and return4 minutes
Correlation and Diversification3 minutes
The CAPM and the Cost of Capital3 minutes
Estimating the Cost of Capital1 minute
Project Evaluation1 minute
Corporate Value Creation2 minutes
A Look Ahead to Corporate Finance Essentials II3 minutes

2 readingsTotal 15 minutes

Syllabus10 minutes
Get help and meet other learners in this course. Join your discussion forums!5 minutes

1 assignmentTotal 30 minutes

Which Measure Do You Use?30 minutes

1 pluginTotal 15 minutes

FinSightBot15 minutes

Let’s explore one of modern finance’s foundational ideas: market efficiency. In this module, you’ll learn what it really means, why it matters, and how it shapes everything from pricing to investor behavior.

What's included

9 videos2 assignments1 plugin

9 videosTotal 56 minutes

Market Efficiency8 minutesPreview module
Factors determining Market Efficiency4 minutes
A Myth4 minutes
Levels of Efficiency7 minutes
Fundamental and Technical Analysis7 minutes
Four Important Points10 minutes
Beating the Market5 minutes
Investing5 minutes
The bottom Line2 minutes

2 assignmentsTotal 60 minutes

Market Efficiency30 minutes
Market Efficiency—What Can You Expect?30 minutes

1 pluginTotal 15 minutes

EfficienciBot15 minutes

Welcome to the world of fixed income. This module introduces you to the essentials of bond investing, key terms, types of bonds, and how to assess returns and risk. You'll develop the tools to understand debt markets with clarity.

What's included

10 videos1 reading2 assignments1 plugin

10 videosTotal 56 minutes

Bonds. Introduction1 minutePreview module
Bond Issuers and Bond Types8 minutes
A Simple Example1 minute
Valuation8 minutes
Valuation. Case Study4 minutes
The Yield to Maturity8 minutes
The Yield to Maturity. Case Study8 minutes
Risk. Default Risk9 minutes
Risk. Other sources of bond risk3 minutes
The Bottom Line1 minute

1 readingTotal 10 minutes

The Essential Finantial Toolkit10 minutes

2 assignmentsTotal 60 minutes

Bonds30 minutes
What Type of Bond Is It? 30 minutes

1 pluginTotal 15 minutes

Inés - Investment Advisor15 minutes

Time to think like a valuation analyst. This module dives into stock valuation through relative valuation methods, especially the use of multiples. You’ll learn what makes a stock “expensive” or “cheap,” and why context is everything.

What's included

9 videos1 reading2 assignments1 plugin

9 videosTotal 43 minutes

The Basics4 minutesPreview module
Multiples. Two critical issues2 minutes
Multiples. The P/E Ratio4 minutes
Multiples. Benchmarks8 minutes
Multiples. The Critical Question4 minutes
Multiples. The PEG Ratio5 minutes
Case Study. Part 17 minutes
Case Study. Part 24 minutes
The Bottom Line1 minute

1 readingTotal 10 minutes

The Essential Financial Toolkit. Multiples10 minutes

2 assignmentsTotal 60 minutes

Stocks30 minutes
Which multiple tells the full story?30 minutes

1 pluginTotal 15 minutes

Valuation Mentor 15 minutes

How should firms fund their projects? This module tackles the mix of debt and equity that companies use to grow, combining quantitative frameworks with strategic considerations to determine the optimal capital structure.

What's included

6 videos1 assignment1 plugin

Why do some companies pay dividends while others don’t? In our final module, you’ll explore the rationale behind dividend decisions and the financial signals they send. It’s a topic where strategy, expectations, and capital management meet.

What's included

8 videos3 assignments1 plugin

8 videosTotal 50 minutes

Dividend Policy. The Basics6 minutesPreview module
Relevant variables. Environment4 minutes
Relevant variables. Clienteles and Growth7 minutes
Relevant variables. Smoothing3 minutes
Relevant variables. Signals and Taxes9 minutes
Share Buybacks5 minutes
The Bottom Line2 minutes
Corporate Finance Essentials II: Wrap Up11 minutes

3 assignmentsTotal 90 minutes

Dividend Policy30 minutes
Corporate Finance Essentials II30 minutes
Why does it matter?30 minutes

1 pluginTotal 15 minutes

Dividend CEO15 minutes

Instructor

Instructor ratings

4.9 (35 ratings)

Javier Estrada

IESE Business School

2 Courses94,075 learners

Offered by

IESE Business School

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4.8

113 reviews

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Reviewed on Nov 25, 2024

Great Prof. Estrada. Always very clear and professional.

Reviewed on Sep 14, 2021

Thank You Javier Estrada, looking forward to future courses from you!!

Reviewed on Jan 8, 2021

Amazing Course and the way it was taught made it even more interesting!!

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