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Starts Oct 7

Ends Dec 31

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About this course

In this course, you will learn to estimate the expected return of equity and debt. You will also learn to estimate the weighted average cost of capital (WACC), the opportunity cost of capital you should use when discounting the free cash flows to value a firm.

At a glance

Institution: ColumbiaX
Subject: Business & Management
Level: Introductory
Prerequisites:

Students must be familiar with basic concepts of Accounting; basic skills in Microsoft Excel (or equivalent); Students should have completed Introduction to Corporate Finance and The Free Cash Flow Method for Firm Valuation.

Language: English
Video Transcript: English
Associated programs:
- Professional Certificate in Corporate Finance

What you’ll learn

How to measure risk
Estimate the expected return of an asset based on its risk
Adjust the risk of the equity and debt of a firm when the firm changes its capital structure
Calculate the weighted average cost of capital (essential input to value of firm)

Syllabus

Week 1: Risk, return, and the Capital Asset Pricing Model (CAPM)

Week 2: The Weighted Average Cost of Capital (WACC) and the effect of capital structure on WACC

Week 3: Case study: Estimating the WACC

Week 4: Valuation capstone case

Ways to take this course

Choose your path when you enroll.

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Starts Oct 7

	Verified Track	Audit Track
Price	$225 USD	Free
Access to course materials	Unlimited	Limited Expires on Nov 4
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Graded assignments and exams