Corporate Finance

3 units

Finance affects everyone in an organization, through company performance metrics, monthly budgets, capital allocation decisions, or the strategic planning process. Managers in functional areas outside of finance may feel removed and often lack the vocabulary to interact effectively on finance-related issues. The course bridges this gap by making key concepts used by financial managers understandable. You’ll learn about the key decisions financial managers make and how they are connected to helping your organization create greater value. As part of this goal, you will learn how to implement time-value-of-money calculations, how the cost of capital is an opportunity cost that is connected to risk, and how to value bonds and stocks. We'll also look at investment decision rules used by companies and examine whether and how they help companies make better choices.