Corporate Finance And Alternative Investment For Cfa L1

This course covers two important topic areas of CFA L1 exam, which are Corporate Finance and Alternative Investments

What you'll learn

Understand Corporate Finance well

Understand Alternate Investments well

Be perpared for about 11% of the CFA L1 course in less than 10 days! spending about 30 minutes watching these lectures every day

Requirements

The topics of CFA are interconnected, therefore, a student should have a basic understanding of the prior topic areas such as Equity, fixed Income, Eco etc in order to fully appreciate the correlation

Description

The study session on Corporate Finance covers the principles that corporations use to make their investing and financing decisions. The first reading covers capital budgeting. Capital budgeting is the process of making decisions about which long-term projects the corporation should accept for investment and which it should reject. Both the expected and required rates of return for a project should be taken into account. The second reading explains how the required rate of return for a project is developed using economically sound methods. The third reading discusses measures of leverage and how they affect a company's earnings and financial ratios. In managing or evaluating the riskiness of earnings, analysts and corporate managers need to evaluate operating leverage (the use of fixed costs in operations) and financial leverage (the use of debt in financing operations). The fourth reading deals with important features of the alternative means of distributing earnings, dividends and share repurchases. The fifth reading discusses short-term liquidity and working capital management. The final reading in this study session is on corporate governance practices. Inadequate corporate governance can expose a company to negative effects, including damage to reputation and loss of business and market value. With Corporate Finance done, the student will be prepared for 7% of the CFA L1 course in the shortest possible time, I am extending this delightful experience further by providing the study session for Alternate Investments free with this course so that an additional 4% of the course prep is completed!

Overview

Section 1: Corporate Finance: Reading 35 Capital Budgeting

Lecture 1 Introduction

Lecture 2 Capital Budgeting Process

Lecture 3 Capital Budgeting Criterion

Section 2: Corporate Finance: READING 36 COST OF CAPITAL

Lecture 4 Cost of Capital_Intro and effect of Taxes

Lecture 5 Target Capital Structure, Marginal Cost of Capital

Lecture 6 Cost of debt capital and prefered stocks

Lecture 7 CAPM cost of equity, DDM and other models

Lecture 8 Cost of Capital estimation

Lecture 9 Marginal cost of Capital Structure

Section 3: Measures of Leverage

Lecture 10 Measures of Leverage

Lecture 11 Impact of Leverage

Section 4: Dividends and Share Repurchases: Basics

Lecture 12 Dividends and Share Splits

Lecture 13 Dividend payment chronology

Section 5: Working Capital Management

Lecture 14 Sources of Liquidity

Lecture 15 Liquidity Measures

Lecture 16 Short Term Cash Management _Working Capital Effectiveness

Lecture 17 Investment Risks, Strategies and Tools

Lecture 18 Receivables Management

Lecture 19 Inventory management

Lecture 20 Payable Management

Section 6: Corporate Governance

Lecture 21 Introduction to Corporate Governance

Lecture 22 board independence

Lecture 23 Audit and code of ethics

Lecture 24 Code of Ethics Part 2

Section 7: Alternative Investments

Lecture 25 Alternative investments Part 1

Lecture 26 Alternative Investments Part 2

Lecture 27 Bonus Lecture: Coupon codes and Access to free courses

Students enrolled for CFA L1 for the first time,Students who would be taking a second attempt on CFA L1 in December and had received a feedback for improvement for these subjects,Students of MBA finance who are looking forward to an in-depth understanding of Corporate finance and Alternate Investments