Corporate Finance Administration

Video Lectures

Displaying all 20 video lectures.
Lecture 1
Finance and the Financial Manager
Play Video
Finance and the Financial Manager
Finance and the Financial Manager, Organizational Structures, Role of The Financial Manager, Introduction to Health Care Finance, Potential Solutions, Financial Analyses and Decisions.
Presentation Download
Lecture 2
Financial Math I
Play Video
Financial Math I
- Time value of money (and anything)
- Future value and interest accumulation
- Present value and discounting

Presentation Download
Lecture 3
Financial Math II
Play Video
Financial Math II
- Compounding
- PV of Cash Flow Stream
- Perpetuities
- Annuities
- Real v. Nominal Interest (and Discount) Rates (inflation)

Presentation Download
Lecture 4
Valuing Stocks and Bonds
Play Video
Valuing Stocks and Bonds
- Bond Valuation - annuities
- Common Stock Trading
- Stock Valuation
- Estimating the Cost of Equity Capital
- Stock Valuation - perpetuities
- Some Stock Valuation Terminology

Presentation Download
Lecture 5
Net Present Value
Play Video
Net Present Value
- NPV and PV
- NPV Rule
- Internal Rate of Return (IRR)
- NPV and IRR
- NPV and PMT
- Payback Period

Presentation Download
Lecture 6
Capital Expenditures Analysis
Play Video
Capital Expenditures Analysis
- Characterize Project
- Estimate Cash Flows
- Determine the Discount Rate
- Calculate NPV

Presentation Download
Lecture 7
Capital Expenditure Risk Analysis
Play Video
Capital Expenditure Risk Analysis
- Sensitivity Analysis
- Break Even Analysis
- Scenario Analysis
- Monte Carlo Simulation
- Real Options and Decision Trees
- Risk-Adjusted Discount Rate

Presentation Download
Lecture 8
Capital Expenditure and Strategy
Play Video
Capital Expenditure and Strategy
- Where does positive NPV come from?
- Start with Market Values
- Economic Rents and Competitive Advantage

Presentation Download
Lecture 9
Risk and Return: Discount Rate Determination - CAPM and WACC
Play Video
Risk and Return: Discount Rate Determination - CAPM and WACC
Discount Rate Determination: CAPM and WACC
- Capital Market History
     Market Risk and Return
- Capital Asset Pricing Model
- Company Cost of Capital
     Capital Asset Pricing Model
     Risk of Businesses
     Weighted Average Cost of Capital
- Measuring Beta and the Cost of Equity
- Project Cost of Capital

Presentation Download
Lecture 10
Discount Rate Determination: CAPM and WACC
Play Video
Discount Rate Determination: CAPM and WACC
- Company Cost of Capital and CAPM
- Company Cost of Capital and Business Risk
- Company Cost of Capital and WACC
- Measuring Beta and the Cost of Equity
- Company Cost of Capital
- Project Cost of Capital

Presentation Download
Lecture 11
Project Discount Rate
Play Video
Project Discount Rate
- Company Cost of Capital
- WACC and Taxes
- Risk-Adjusted Discount Rate
- Cost of Equity Capital – Pure Play
- Project Discount Rate – Pure Play
- Project Discount Rate – Simulation

Presentation Download
Lecture 12
Business Valuation
Play Video
Business Valuation
- Business (Project) Valuation Equation
- Business (Project) Discount Rate
- Business (Project) Cash Flows
     Components
     To valuation horizon
     Horizon valuation
- Total Business Value
- Business (Project) Valuation Rules
Presentation Download
Lecture 13
Financing Decisions
Play Video
Financing Decisions
- Financing Math and NPV
- Financing and Investment Decisions Compared
- Financial Market Efficiency
- Six Lessons of Market Efficiency
Presentation Download
Lecture 14
Corporate Financing Overview
Play Video
Corporate Financing Overview
- Patterns of Corporate Financing
     Equity
     Debt
- Financial Markets
- Financial Institutions
Presentation Download
Lecture 15
Debt
Play Video
Debt
- Patterns of Corporate Financing
- Characteristics of Debt
     Maturity
     Repayment Provisions
     Seniority
     Flexibility
     Security
     Fixed v. Floating Rates
     Cost
     Risk to Lender
- Selecting a Debt Instrument
- Debt Market Processes
- Other Debt Terminology
- Debt Ownership Distribution

Presentation Download
Lecture 16
Equity
Play Video
Equity
- Patterns of Corporate Financing
- Equity on Balance Sheet
- Common Stock
- Preferred Stock
- Equity Ownership Distribution
- Ownership Sequence
- Other Equity Terminology
Presentation Download
Lecture 17
Dividend Policy
Play Video
Dividend Policy
- Choice of Payout Policy
- Types of Payout
- How Dividends are Determined in Practice
- Payout Controversy
     Irrelevant
     Decrease value
     Increase value
- Taxes and Dividend Policy

Presentation Download
Lecture 18
Capital Structure
Play Video
Capital Structure
- Capital Structure Criteria
- Financial Leverage
- The Magic of Financial Leverage
- M+M Propositions
- Selecting a Capital Structure
- Benefit of Debt
- Cost of Debt – Financial Distress
- Optimal Capital Structure

Presentation Download
Lecture 19
Lease Financing
Play Video
Lease Financing
- Lease Financing Defined
- Reasons to Consider Leasing
- Financial v. Operating Leases
- Accounting Treatment of Leases
- Lease Contract
- Valuing Financial Leases
- Leasing and Adjusted Present Value

Presentation Download
Lecture 20
Financial Analysis and Planning
Play Video
Financial Analysis and Planning
- Purpose of the Financial Plan
- Contents of the Financial Plan
- Steps in Financial Plan Development
     Assess Financial Position
     Define Debt Policy
     Determine Asset Requirements
     Evaluate Financing Options
     Integrate into Management Control Structure
Presentation Download