Corporate Finance. Value Creation: ¿real or imaginary?

• To provide a systematic approach to the analysis of corporate operations that enable the creation of value from the financial management point of view.
   
• To familiarise participants with the tools used in the investment banking and venture capital sectors in conducting corporate operations.
   
• To facilitate a participant debate on the different approaches to this type of operation.

This training is particularly targeted at CEOs, CFOs, controllers and auditors as well as private investors who are, or may be, involved in strategic decision making at the highest level and required to assess the consequences and financial implications of those decisions.

Module   1

• Analysis of Investment decisions in Capex. Most common financial methods used for the analysis of investment projects (VAN, TIR, PAYBACK, etc).
   
• Valuation of Companies: difference between Value and Price. Static, dynamic (DCF and Dividends) and mixed Valuation Methods. The multiples. Valuations and Price ranges. Key factors: relationship between value, growth and return.
   
• Debt and value creation. The risk-return relationship. Equity cost. Debt and Rating costs. The weighted cost of resources (WACC and APV). Determinants: the optimal capital structure, the Rating relationship. Capital structure and leverage.

Module  2

• Mergers and acquisitions: key factors for success. 
   
• Special operations: flotations and takeovers. 
   
• Private Equity funds (Risk Capital).

Module 3

• High leverage operations: LBOs; Finance Project.  
   
• Long term financial planning.

Methodology adapted to needs
ESADE Business School’s Executive Education Management programmes are an open forum of ideas and knowledge in which each participant is actively involved in the learning process. Our methodology constantly challenges preconceived ideas and traditional educational processes.

Interaction
One of the key elements of this learning model is the contribution made by the participants themselves, who, through sharing experiences, enrich the knowledge acquired both in and out of the classroom.

Academic Accreditation
At the end of the programme, a certificate of participation will be issued to all those who have participated in at least 80% of the sessions.
 

Dates	Tuition	Location
From 14 May to 25 June, 2012 Mondays, from 9.00 am to 6.30 pm	4.490 €	Barcelona

Program Director Barcelona

see CV

Barcelona