Corporate Finance: First Course

The first course in Corporate Finance starts with a basic introduction of notation and terminology and then introduced the concepts of Financial Statements,  Time Value of  Money, Risk and Return, Opportunity Cost, Cost of Capital, Weighted Average Cost of Capital and Return measures. It closes with a 38 page detailed case study on Electronic Arts that reviews the Electronic Arts (EA) balance sheet, profit and loss statements, shows how to project the EA statements in the future and arrive at a valuation of EA at that point in time.
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The course assumes no prior knowledge of the subject but requires familiarity with basic mathematics

The first course in Corporate Finance – Session Zero

Session I – B: Corporate Finance: Financial Statements – Balance Sheet, Profit & Loss and Cash flows

Session II-A: Corporate Finance: The Balance Sheet, Assets, Depreciation

Session II-B: Corporate Finance: Balance Sheet: Liabilities & Working Capital

Session II – C: Corporate Finance: Equity and the Income Statement

Session III – A: Corporate Finance: Risk & Return

Session III – B: Corporate Finance: The many faces of Return: ROE, ROIC and Payback

Session IV – A: Corporate Finance: Discount rate and time value of money

Session IV – B: Corporate Finance: Present Value in Action

Session IV – C: Corporate Finance: Calculating Internal Rate of Return or IRR

Session V – A: Corporate Finance: Opportunity Cost and Cost of Capital

Session V – B: Corporate Finance: Beta, Calculating WACC or Weighted Average Cost of Capital

Corporate Finance: Case Study: Electronic Arts (EA): Session IV

This course supplements material covered in the small business basic accounting course available separately at

Basic Accounting Short Course for small business – Course Guide