When you enroll in this course, you'll also be enrolled in this Specialization.
Learn new concepts from industry experts
Gain a foundational understanding of a subject or tool
Develop job-relevant skills with hands-on projects
Earn a shareable career certificate
There are 6 modules in this course
Building upon your Corporate Finance Essentials foundation, this course delves into crucial aspects of corporate finance, including market efficiency, bond valuation, stock analysis, capital structure, and dividend policy. You will learn to assess market efficiency, analyze bond yields and default risk, value stocks using relative valuation techniques, and understand capital sourcing strategies.
Furthermore, you'll gain the knowledge to make informed decisions regarding dividend payouts.
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 assignment
Show info about module content
9 videos•Total 23 minutes
Introduction•2 minutes
Professor's Biography•1 minute
Risk and return•5 minutes
Correlation and Diversification•4 minutes
The CAPM and the Cost of Capital•3 minutes
Estimating the Cost of Capital•2 minutes
Project Evaluation•2 minutes
Corporate Value Creation•2 minutes
A Look Ahead to Corporate Finance Essentials II•3 minutes
2 readings•Total 15 minutes
Syllabus•10 minutes
Get help and meet other learners in this course. Join your discussion forums!•5 minutes
1 assignment•Total 30 minutes
Which Measure Do You Use?•30 minutes
Market Efficiency
Module 2•2 hours to complete
Module details
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 assignments
Show info about module content
9 videos•Total 56 minutes
Market Efficiency•8 minutes
Factors determining Market Efficiency•5 minutes
A Myth•4 minutes
Levels of Efficiency•7 minutes
Fundamental and Technical Analysis•8 minutes
Four Important Points•11 minutes
Beating the Market•5 minutes
Investing•5 minutes
The bottom Line•3 minutes
2 assignments•Total 60 minutes
Market Efficiency•30 minutes
Market Efficiency—What Can You Expect?•30 minutes
Bonds
Module 3•2 hours to complete
Module details
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 assignments
Show info about module content
10 videos•Total 56 minutes
Bonds. Introduction•2 minutes
Bond Issuers and Bond Types•8 minutes
A Simple Example•2 minutes
Valuation•8 minutes
Valuation. Case Study•4 minutes
The Yield to Maturity•9 minutes
The Yield to Maturity. Case Study•9 minutes
Risk. Default Risk•10 minutes
Risk. Other sources of bond risk•3 minutes
The Bottom Line•2 minutes
1 reading•Total 10 minutes
The Essential Finantial Toolkit•10 minutes
2 assignments•Total 60 minutes
Bonds•30 minutes
What Type of Bond Is It?
•30 minutes
Stocks
Module 4•2 hours to complete
Module details
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 assignments
Show info about module content
9 videos•Total 43 minutes
The Basics•5 minutes
Multiples. Two critical issues•3 minutes
Multiples. The P/E Ratio•5 minutes
Multiples. Benchmarks•8 minutes
Multiples. The Critical Question•4 minutes
Multiples. The PEG Ratio•5 minutes
Case Study. Part 1•7 minutes
Case Study. Part 2•4 minutes
The Bottom Line•2 minutes
1 reading•Total 10 minutes
The Essential Financial Toolkit. Multiples•10 minutes
2 assignments•Total 60 minutes
Stocks•30 minutes
Which multiple tells the full story?•30 minutes
Capital Structure
Module 5•1 hour to complete
Module details
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 assignment
Show info about module content
6 videos•Total 34 minutes
Capital Structure. The Basics•8 minutes
Debt Ratios and Required Returns•3 minutes
Case Study•9 minutes
Reflections•4 minutes
Two Final Points•7 minutes
The Bottom Line•3 minutes
1 assignment•Total 30 minutes
Capital Structure•30 minutes
Dividend Policy
Module 6•2 hours to complete
Module details
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 assignments
Show info about module content
8 videos•Total 51 minutes
Dividend Policy. The Basics•7 minutes
Relevant variables. Environment•4 minutes
Relevant variables. Clienteles and Growth•8 minutes
IESE Business School has been developing leaders since 1958 through management programs designed for every stage of your career. With a commitment to making a deep, positive, and lasting impact on people, businesses, and society, IESE offers top-ranked MBA and Executive Education programs that empower professionals to lead with purpose and excellence.
When will I have access to the lectures and assignments?
To access the course materials, assignments and to earn a Certificate, you will need to purchase the Certificate experience when you enroll in a course. You can try a Free Trial instead, or apply for Financial Aid. The course may offer 'Full Course, No Certificate' instead. This option lets you see all course materials, submit required assessments, and get a final grade. This also means that you will not be able to purchase a Certificate experience.
What will I get if I subscribe to this Specialization?
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.
Is financial aid available?
Yes. In select learning programs, you can apply for financial aid or a scholarship if you can’t afford the enrollment fee. If fin aid or scholarship is available for your learning program selection, you’ll find a link to apply on the description page.