Financial Evaluation and Strategy: Corporate Finance

Learn how to use key finance principles to understand and measure business success and to identify and promote true value creation.

About The Course

Learn how to use accounting information to form key financial ratios to measure a company’s financial health and to plan its future. Also learn how to use valuation techniques to make sound business investment decisions. Explore how to manage a company’s financing in order to support value creation, such as through choice of capital structure, liquidity management, hedging, and payout policy decisions. Finally, apply your new knowledge to propose the financial restructuring of a real-world company.

Frequently Asked Questions

How does this course fit into the Improving Business Finances and Operations Specialization?

This is the fourth course in the track.

Illinois is a world leader in research, teaching, and public engagement, distinguished by the breadth of our programs, broad academic excellence, and internationally renowned faculty.

Recommended Background

Accounting: Basic understanding of financial statements—the income statement, the balance sheet, and the cash flow statement—is required. Ideally you will have taken Managerial Accounting in this Specialization.

Statistics: Some understanding of probabilities, averages, and standard deviation. Regression analysis is also useful, though not required.

Mathematics: Basic algebra is sufficient.

Finance: Ideally you will have taken Financial Evaluation and Strategy: Investments in this Specialization. We will assume some knowledge of how financial markets work, valuation of securities, and the CAPM (capital asset pricing model).