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所在平台: Coursera |
课程主页: https://www.coursera.org/learn/corporate-finance-measure-success
课程评论:没有评论
**课程名称:企业财务 I:衡量与促进价值创造** **课程概述:** 在本课程中,您将学习如何运用关键的财务原则来理解和衡量商业成功,并识别和促进真正的价值创造。您将学会如何使用会计信息形成关键的财务比率,以测量公司的财务健康状况,并管理公司的短期和长期流动性需求。此外,您还将学习如何运用估值技术做出合理的商业投资和收购决定。最后,您将了解到如何将风险和不确定性纳入投资决策,并评估现有投资的表现。 **成功完成本课程后,您将能够:** - 理解公司如何做出创造股东价值的投资决策 - 使用会计报表衡量公司的财务健康 - 预测并管理公司的短期和长期流动性需求 - 衡量新项目或收购对股东价值的贡献 - 利用适当的折现率将风险纳入投资决策 - 评估整个公司或公司某些部门的表现 本课程之前的名称为“财务评估与战略:企业财务”。在2015年9月至2016年8月期间,该课程获得了平均4.7分(满分5分)的评分,基于177条评论。过去版本课程的详细评分和评论分析可在课程导览页面找到。 本课程是由伊利诺伊大学提供的iMBA项目的一部分,这是一个灵活的、全面认证的在线MBA,价格非常具有竞争力。获得更多信息请访问本课程中的资源页面或onlineMBA.illinois.edu。 **课程大纲:** - **课程概述**:熟悉课程内容、讲师、同学和学习环境,并获取所需的技术技能。 - **模块1:企业财务的目标与语言**:探讨公司的目标,介绍股东价值的概念及最大化股价的优缺点,学习如何计算流动性、杠杆和盈利能力等财务比率。 - **模块2:财务规划**:学习模型以预测和管理公司的短期投资,分析一家公司未来的财务报表,并了解短期融资需求的关键因素。 - **模块3:投资决策**:学习工具来衡量新投资对股东价值的贡献,计算投资的净现值(NPV)和内部回报率(IRR),以及如何将实际期权纳入投资分析。 - **模块4:并购、风险与绩效评估**:运用投资估值工具理解并购何时创造股东价值,区分良好的并购动机与坏的理由,计算加权平均资本成本(WACC)并使用其来评估投资。 - **课程结论**:总结学习要点及应用。
Name:Course Overview
Description:In this module, you will become familiar with the course, your instructor, your classmates, and our learning environment. The orientation also helps you obtain the technical skills required for the course.
Name:Module 1: The Objective and Language of Corporate Finance
Description:In Module 1, we will discuss the objectives of the corporation. We will introduce the concept of shareholder value and discuss the pros and cons of maximizing stock prices. We will then learn how to calculate financial ratios that measure concepts such as liquidity, leverage, and profitability. We will work with accounting statements and financial data from real world companies and learn how to use this data to measure the financial health of companies and make comparisons with competitors.
Name:Module 2: Financial Planning
Description:In Module 2, we will learn models that allow us to forecast and manage a company's short-term investments such as capital expenditures. We will forecast the future financial statements of a real world company and learn how to figure out how much external financing the company will need. We will then use real world examples to learn how short-term investments in working capital determine a company's need for short-term financing.
Name:Module 3: Making Investment Decisions
Description:In Module 3, we will learn tools that allow us to measure the contribution of a new investment to shareholder value. We will learn how to calculate the net present value (NPV) of an investment and how to use the NPV to make a decision on whether to make the investment or not. We will also learn to calculate the rate of return (IRR) on an investment project and how to properly use the IRR in investment decisions. Finally, we will learn how to incorporate real options into investment analysis to be able to make decisions about investments such as R&D (research and development).
Name:Module 4: Mergers and Acquisitions, Risk, and Performance Evaluation
Description:In Module 4, we will apply our investment valuation tools to understand when a merger between two companies creates shareholder value. We will learn to distinguish between good and bad reasons for companies to engage in mergers and acquisitions (M&A), and we will learn how to price an M&A deal. We will also learn the specific characteristics of leveraged buyouts (LBOs) and how they can create value for shareholders. We will then learn how to incorporate risk into investment valuation by changing discount rates. We will calculate the weighted-average cost of capital (WACC) for a real world company and learn how to use WACC to value investments and to measure the performance of the company or a division of the company.
Name:Course Conclusion
Description:
In this course you will learn how to use key finance principles to understand and measure business success and to identify and promote true value creation. You will learn how to use accounting information to form key financial ratios to measure a company’s financial health and to manage a company's short-term and long-term liquidity needs. You will also learn how to use valuation techniques to make sound business investment and acquisition decisions. Finally, you will learn how to incorporate risk and uncertainty into investment decisions and how to evaluate the performance of existing investments. Upon successful completion of this course you will be able to: • Understand how companies make investment decisions that create value for shareholders • Use accounting statements to measure the financial health of a company • Forecast and manage a company’s short- and long-term liquidity needs • Measure the contribution of a new project or acquisition to shareholder value • Incorporate risk into investment decisions using the appropriate discount rates • Evaluate the performance of a company or divisions of a company This course was previously entitled Financial Evaluation and Strategy: Corporate Finance. The course received an average rating of 4.7 out of 5 based on 177 reviews over the period of September 2015 through August 2016. A detailed breakdown of ratings and reviews received for the prior version of the course, which is identical in content to the current course, is provided in the course orientation page. This course is part of the iMBA offered by the University of Illinois, a flexible, fully-accredited online MBA at an incredibly competitive price. For more information, please see the Resource page in this course and onlinemba.illinois.edu.