Corporate Finance

ESEUNE Business School

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Prof. Teresa Mariño

Corporate Finance

Professor Teresa Mariño

She has worked for many years as a finance consultant and facilitator for management. She is the author of several reference books in the finances field. She received an award for best PhD thesis: Methodologies Value at risk for the measurement of the risks.


MODULE SYNOPSIS


Understanding how to finance a company is essential for managers, especially when manager background is to related to finance.

This module will be VERY PRACTICAL, and focus on managers willing to understand how finance do have an impact on business efficiency.


COURSE CONTENTS


INTRODUCTION: CORPORATE FINANCE

  • First princIples of Corporate Finance
  • Corporate financial decisions
  • Impact of the crisis on Corporate Finance


UNDERSTANDING FINANCIAL STATEMENTS

o Users of financial information

o Informational needs

o Analysis of the balance sheet

o Profit and loss statement analysis

o Operational ratios

o Diagnosis


THE INVESTMENT DECISION

o What is a Project?

o Risk analysis

o Steps for the analysis:


  • Investment projects opportunities
  • Cash flows calculation
  • The cost of Equity and Capital
  • Approaches use in Investment Analysis
  • Simulation


THE FINANCING DECISION

o An overview of financing choices

o The distinction between debt and equity

o The benefits of debt

  • The tax advantages of debt
  • The discipline of debt

o The cost of debt

o Debt financing options

  • Bank debt
  • Bonds

o Rating

o The benefits of equity

o Equity financing options

o How firms choose their capital structures


COMPANY VALUATION

o General ideas on valuation

o Discounted cash flow valuation

o Multiples valuation

o Acquisitions and takeovers

o Evidence on the value effects of takeovers

Agenda

10:00 - 12:30 Lecture

12:30 - 13:30 Lunch

13:30 - 14:30 Work Group

14:30 - 15:00 Break networking

15:00 - 17:30 Lecture & Discussion

Classes will take place 5, 6, 12 and 13 March from 10.00 am to 5.30 pm

Saturday, March 5th 2016 at 10pm to Sunday, March 13th 2016 at 5:30pm

Training Center, Building 1, Zhongbei Headquarters Economic Industrial Park, Xiqing Automobile Industrial Zone, 300384 Tianjin

Address in Chinese: 西班牙卡斯提尔商学院- 中国项目地址: 天津市西青汽车工业区中国北总部经济产业园1号楼培训中心300380

RSVPs are enabled for this event.

ESEUNE Business School Tianjin

Contact person for coordinating how to arrive to our school : Wendi +86 177 0227 8167