Free Course Image Corporate Finance MBA Class

Free online courseCorporate Finance MBA Class

Duration of the online course: 35 hours and 56 minutes

4.86

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Build job-ready corporate finance skills with this free online course—master risk, cost of capital, valuation and smart investment decisions to boost your career.

In this free course, learn about

  • Core scope of corporate finance and the firm’s objective (value maximization) and its tradeoffs
  • Agency problems, governance tools (e.g., golden parachutes), and ethics in managerial decisions
  • Risk–return foundations: marginal investor, CAPM logic, and how risk is priced in markets
  • Estimating equity risk premiums (methods, country ERP) and limits of survey-based estimates
  • Measuring and interpreting beta: regression beta, determinants of beta, and bottom-up beta building
  • Cost of debt: what counts as debt, credit risk/ratings, and estimating borrowing costs
  • Cost of capital/WACC and using hurdle rates correctly for investment/project evaluation
  • Turning accounting earnings into cash flows; DCF mechanics, NPV acceptance rules, and beyond-NPV tools
  • Handling uncertainty and performance measurement: time-weighted returns and scenario/sensitivity thinking
  • Capital structure: debt–equity tradeoff, Modigliani–Miller, pecking order, and synthetic ratings by leverage
  • Finding optimal financing mix and designing debt (maturity, currency, covenants) to fit cash flows
  • Dividend policy: dividend tradeoff, FCFE vs dividends, and managing cash balances and buybacks
  • Valuation fundamentals: ROE, cash-flow-based valuation, and integrating financing and payout into value

Course Description

Strengthen your decision-making in corporate finance by learning how companies really choose projects, fund growth, and create value over time. This free online course takes you through the thinking used in MBA-level finance: starting with what corporate finance is and what objective guides financial decisions, then moving into the practical trade-offs leaders face when markets, incentives, and ethics collide.

You will connect risk to return and learn how investors price uncertainty, why equity risk premiums matter, and how to interpret beta beyond a single spreadsheet output. The course also helps you understand when different estimation approaches break down and what to do instead, so you can build judgments that hold up across industries and countries.

As you progress, you will develop a clear view of the cost of capital and why it is central to making sound investment decisions. You will practice the mindset that separates accounting results from real economic performance by translating earnings into cash flows and evaluating projects under uncertainty. You will also see how tools like NPV fit into a broader decision framework, including the practical reasons professionals look beyond a single metric when capital is limited or assumptions are fragile.

On the financing side, you will learn how debt affects value, risk, and flexibility, and how companies balance the benefits of leverage with the realities of distress costs and ratings. You will explore how financing choices evolve across the business lifecycle and what it means to design debt that matches a firm’s cash flows. The course then connects payout policy to value by examining dividends, free cash flow to equity, cash balances, and the strategic reasons companies return capital.

Finally, you will bring the pieces together through valuation, building intuition for how assumptions drive outcomes and how to communicate financial reasoning with clarity. By the end, you will have a stronger grasp of corporate finance concepts you can apply to interviews, case discussions, and real workplace decisions across business and marketing roles that touch financial performance.

Course content

  • Video class: Session 1: Introduction to the Class 1h27m
  • Exercise: What is corporate finance?
  • Video class: Session 2: The Objective in Corporate Finance 1h27m
  • Exercise: What is a 'Golden Parachute' in Corporate Finance?
  • Video class: Session 3: Managers, Markets and Morality 1h27m
  • Exercise: What was one key reason for Eastman Kodak's failed acquisition of Sterling Drugs?
  • Video class: Session 4: Closing the books on the objective function & Opening the one on Risk 1h27m
  • Exercise: What is the Lava Conference about?
  • Video class: Session 5: Risk & Return Models & The Marginal Investor 1h27m
  • Exercise: What is the main focus of the Stern Private Equity Conference?
  • Video class: Session 6: Equity Risk Premiums 1h27m
  • Exercise: Which is a limitation of the survey approach?
  • Video class: Session 7: The Beta Regression 1h27m
  • Exercise: Estimation of Equity Risk Premium for a Country
  • Video class: Session 8: The Determinants of Betas 1h27m
  • Exercise: What determines the beta of a company?
  • Video class: Session 9: Bottom Up Betas 1h27m
  • Exercise: What is the best reason to use bottom-up betas instead of regression betas in corporate finance?
  • Video class: Session 10: Debt and its cost 49m
  • Exercise: What should be considered when classifying something as debt on a balance sheet?
  • Video class: Session 11: Cost of Capital & First Steps in Investment Returns 1h27m
  • Exercise: What is the “return mantra”?
  • Video class: Session 12: From Earnings to Cash flows 1h27m
  • Exercise: What is the main decision participants need to make regarding the Disney theme park project?
  • Video class: Session 13: Time Weighted Returns, Equity Analysis and Dealing with Uncertainty 1h27m
  • Exercise: What determines the acceptance of a project based on Net Present Value (NPV)?
  • Video class: Session 14: Beyond NPV 1h27m
  • Exercise: What is the correct discounted cash flow (DCF) submission format?
  • Video class: Session 15: The Home Depot Case & Closing the books on Investment Analysis 1h27m
  • Exercise: What is the purpose of the ESAV-sponsored Day of Service announced next Friday?
  • Video class: Session 16: The Debt Equity Trade off 1h27m
  • Exercise: What should the hurdle rate reflects?
  • Video class: Session 17: The Miller Modigliani Theorem & Financing Hierarchies 52m
  • Exercise: What is the purpose of estimating synthetic ratings at various debt ratios?
  • Video class: Session 18: Cost of Capital as Financing Mix Optimizer 1h27m
  • Exercise: What day will the event take place?
  • Video class: Session 19: Financing Mix - The Rest of the Story 1h27m
  • Exercise: What is the optimal debt ratio for Baidu?
  • Video class: Session 20: From actual to optimal and designing debt (intuitive) 1h27m
  • Exercise: When is the scheduled date for the regular final exam?
  • Video class: Session 21: Debt Design and Dividend Basics 1h27m
  • Video class: Session 22: The Dividend Trade off - Good and Bad Reasons for Paying Dividends 1h27m
  • Video class: Session 23: FCFE, Dividends and Cash Balances 51m
  • Video class: Session 24: Closing Dividend Books and Opening Valuation Act 1h27m
  • Video class: Session 25: More on valuation 1h27m
  • Exercise: What is a ROE for a firm?
  • Video class: Session 26: The Grand Finale 1h27m

This free course includes:

35 hours and 56 minutes of online video course

Digital certificate of course completion (Free)

Exercises to train your knowledge

100% free, from content to certificate

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Course comments: Corporate Finance MBA Class

Students rated the free course very highly, calling it fantastic and fun, and said they learned a lot. Several thanked the professor for helpful instruction, while one asked for more detail on marginal investors.

O

Obamelang

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I would like to take the opportunity and thank the professor for his input in helping us to learn about corporate finance

RA

Riyadh Abdallah Khalil

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Thanks

CS

Courtney Soloomon

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this isy first using this type of app and hope that I gain knowledge and useful strategies to improve my daily living and live as my ancestors prayed.

HS

Harshit Sharma

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I need to know some some approx % of marginal investors.

NM

Nazim Moosa

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Fantastic

AS

Amit Sah

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Really fun class and learned a lot.

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