The programme is broken down into a series of six modules
over the two days. Each module comprises a mixture of teaching,
open discussion, short burst individual exercises and mini
group case studies / exercises.
The programme will culminate in a University Challenge style
quiz covering all the modules.
Objectives:
At the end of this programme all delegates will be able to
:
Explain the role of the corporate financier and the company
manager in enhancing shareholder value
Demonstrate an understanding of the term 'company dynamics'
and show the significance for free cash flow
Describe the main features and benefits of the principal
sources of finance for a company
Identify the potential influences on any company's capital
structure
Calculate a company's overall cost of capital
Show how the main investment evaluation techniques are
used in practice
Demonstrate an understanding of the mechanics of the merger
and acquisition process
Contents
Fundamental Concepts
Life stages of a company - role of the corporate finance
team
Role of the company manager in enhancing shareholder
value
Contrast between price and value
Concept of risk
Company Dynamics
Revenue volatility
Operating cost structures
Financial cost structures
Company flexibility
Cash flow volatility
Sources of Finance
Debt
Equity
Operational liquidity
Non-operational liquidity
Capital Structuring
What influences the capital structure
Relationship between return on capital and cost of capital
