The course vividly explains and constructs the basic framework of corporate finance, focusing on the mainline of value evaluation and closely combining with the needs of financial practice. It covers the main content of corporate finance in the form of special topics, elaborating on the basic notions and concepts, basic methods and practical skills of corporate finance.
We hope that through the course, students can reach a consensus that correct financial decisions will increase the value of the enterprise and shareholders, while poor financial decisions will destroy their value. The key to increasing or damaging value lies in cash flow. To achieve value appreciation, the cash flow generated by a company must be greater than the cash flow consumed.
The course mainly introduces the basic theories, methods, and practical knowledge of corporate finance. It is divided into four topics, namely: Introduction, Valuation and Capital Budgeting, Risk, and Capital Structure & Dividend Policy. This course emphasizes the connection between theory and practice, highlighting the practical application scenarios of corporate finance. Through the study of this course, students can understand the connotation of corporate finance, establish basic values such as time value of money and risk reward balance, familiarize themselves with financing, investment, operation, and distribution processes, master valuation methods, and enhance financial decision-making ability.
