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International executive programs
Corporate Finance
Connect Your Financial Activity to Your Strategic Goals
Program Overview
Finance professionals face increasingly complex tasks in today’s fast-paced business
environment. To succeed they have to understand a wide range of corporate finance
tools and learn how to apply them effectively. Participants will be confronted with
a series of real business case studies drawn from various industries and countries
which feature an array of financial decisions.
Corporate Finance is a three-day intensive executive program designed to help
executives guide the corporate strategic trajectory with a balanced view of business.
This program offers tools and techniques to implement strategy, achieve breakthrough
performance, enhance customer relationships, manage risk, and sustain competitive
advantage. Attendants will learn to feel comfortable communicating about financial
matters and contribute to strategic decisions through a deeper understanding of
finance, applying these ideas in an international context.
Program Objectives
This program focuses on those aspects of the financial activity that professionals are
confronting everyday.
This course equips participants with the modern valuation required to correctly
appraise financial decisions and evaluate companies. Achieving coherency
between the goals, the strategy, the investments and financing of a company is the
predominating idea of the program, assessing a business’ investment and financial
policy in an integrated framework.
By means of participation techniques and case studies, the participants will be able
to analyze and find answers to relevant issues that emerge in the financial field of
their companies.
Participants will develop a sound understanding of how to:
• Identify the financial welfare, profit and loss, and cash-flow forecasts of a company.
• Create value effectively.
• Analyze project investment and cash flow valuations.
• Learn about the strategic use of Weighted Average Cost of Capital (WACC).
• Build firm valuations using financial tools.
• Apply financial engineering to mergers and acquisitions.
• Analyze complex operations such as leveraged and management buy-outs.
• Identify the defensive and preventive measures of takeover bids.
• Create frontiers in valuations.
• Adapt a company’s capital structure to specific circumstances and corporate
strategies.
• Adjust cost of capital and expected cash flows to value cross-border investments.
Program Structure
The program features several stimulating modules that address numerous issues of
concern to those executives involved in finance. The key topics to be discussed include:
Investment decisions: relevant cash-flows
• Analytical investment techniques.
• Efficient management.
• Modern approaches for the determination of cost of capital.
• Divisional cost of capital.
• Evaluating strategies using real options.
Learning key elements to improve Financing Decisions
• Determinants of financial structure: is debt good for your company?
• Stock market reactions to changes in financial policy: the scientific evidence.
• Cash distribution.
• Impact of financing strategies on your cost of capital.
• Innovative financial instruments.
General Information
Price: €3,800
Location: Madrid, 18, 19 and 20 of November, 2009 and June 2010
For further information, please contact:
Melissa Rodríguez Stam
International Executive Program Manager
María de Molina, 27
28006 Madrid, Spain
Tel.: +34 91 568 97 64 / 96 69
Melissa.Rodríguez@ie.edu
www.execed.ie.edu/internationalprograms
Interaction of Investment and Financing
• Design of consistent financial and investment strategies.
• Techniques for the evaluation of value created by investment and financing
strategies.
Applying Corporate Financial Strategies
• Valuation of merger and acquisition targets.
• Ownership restructuring: leveraged buyouts.
• Valuation of international investments.
• Value-based management (EVA, CFROI, SVA).
Summary and Conclusion: practical aspects of Corporate Finance in action.
• Work input into the process, amount of effort and distraction it causes.
• Potential chemistry and implementation.
• Management attention loss in a money raising.
Who this Program is Designed for
Corporate Finance is ideal for anyone seeking a solid understanding of the key
concepts behind modern financial decision-making.
Corporate Finance is appropriate for, but not limited to:
• CEOs.
• Senior Corporate Executives.
• Managing Directors.
• Financial Directors.
• Business Strategy Directors.
• Business Analysts.
• Finance and Strategy Consultants.
• Investment Bankers.
• Legal Advisors.
• Accountants.
• Controllers.
Fernando Acebrón
ANFAC
“Thank you for the perfect program arrangements. It was really a
worthy experience because of the excellent professors and the high
level of expertise of the participants.”