Excel for Corporate Finance Professionals (2018)
2h 26mIntermediate2019-04-02
Authors

Michael McDonald
Researcher and Professor of Finance at Fairfield University
Course details
Discover how to use Microsoft Excel for the bread-and-butter tasks required by corporate finance and financial planning and analysis (FP&A) professionals. In this hands-on course, professor Michael McDonald steps through how to leverage this powerful tool to pick corporate investments, determine your firm's cost of capital, and perform operational budgeting. Michael steps through how to estimate weighted average cost of capital (WACC), build a budget, perform stress testing and scenario analysis, and more. Throughout the course, Michael includes exercises—together with downloadable exercise files—that can provide you with a practical understanding of these key topics.
Learning objectives
Explain how to make projections while capital budgeting.
Describe various capital budgeting scenarios.
Summarize how to handle unexpected events while capital budgeting.
Cite the various drawbacks of IRR.
Describe the important considerations for buying back stock.
Name the factors to consider when preparing a forecast.
Summarize the process of cash flow budgeting.
Name the factor that’s most difficult to change in an operating margin.
Identify stress test tools for budgeting in Excel.
Learning objectives
Explain how to make projections while capital budgeting.
Describe various capital budgeting scenarios.
Summarize how to handle unexpected events while capital budgeting.
Cite the various drawbacks of IRR.
Describe the important considerations for buying back stock.
Name the factors to consider when preparing a forecast.
Summarize the process of cash flow budgeting.
Name the factor that’s most difficult to change in an operating margin.
Identify stress test tools for budgeting in Excel.
Skills covered
Personal FinanceCorporate FinanceOffice 365Microsoft 365SpreadsheetsMicrosoft ExcelFinance and AccountingPersonaProfessional DevelopmentBusiness Software and ToolsMicrosoft
Concepts
0. Introduction
- 01 - Welcome
1. Critical Tasks in Corporate Finance
- 02 - Corporate finance and modern business
- 03 - Project selection in finance
- 04 - Weighted average cost of capital and capital structure
- 05 - Cash flows in budgeting
2. Project Selection in Excel
- 06 - Capital budgeting in Excel
- 07 - Capital budgeting scenarios
- 08 - NPV tests in Excel
- 09 - IRR tests in Excel
- 10 - PBP and MIRR tests
- 11 - Unexpected events and capital budgeting
- 12 - NPV and scenario analysis
3. WACC and Capital Structure in Excel
- 13 - Capital structure in Excel
- 14 - Using Excel and WACC
- 15 - Capital structure options in Excel
- 16 - Changes in capital structure
- 17 - Estimating WACC in Excel
- 18 - Sensitivity of WACC to capital structure
- 19 - Optimal WACC
4. Operational Budgeting in Excel
- 20 - Operational budgeting in Excel
- 21 - Building a budget in Excel
- 22 - CAGRs and long-term assumptions
- 23 - Cash flow budgeting
- 24 - The power of price
- 25 - Stress test tools for budget in Excel
Conclusion
- 26 - Next steps