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Advanced Finance Course

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Business and Economics

Finance

Advanced Finance Course

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Advanced Finance Course

Name: Advanced Finance Course
Price: 8400 KES

Master the full spectrum of corporate finance — from valuation and capital budgeting to risk management and strategic planning. This advanced course equips finance professionals with the analytical tools and frameworks used at the highest levels of business. Build the expertise to drive smarter investment decisions, optimise capital structure, and communicate financial insights with confidence.

Dedika for businesses

What you will learn:

You will develop a rigorous command of financial valuation, capital structure theory, and investment decision-making. The course covers DCF modelling, bond and equity valuation, WACC computation, and M&A analysis. You will learn to manage working capital (the difference between a firm's current assets and current liabilities; a measure of short-term financial health and operational efficiency - managed through the cash conversion cycle), design hedging strategies using derivatives, and evaluate corporate financing options including IPOs and debt issuance. Advanced topics include ESG integration, FinTech applications, financial modelling in Excel, and international finance. By the end, you will be equipped to lead high-stakes financial decisions in any corporate or advisory setting.

How you study practically Advanced Finance Course

How you practise Advanced Finance Course

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Course content

8 Chapters • 40 LessonsDuration between 4 and 360 hours (you decide)

Chapter 1See details

Foundations of Financial Management

Lesson 1 • The Financial Environment and Markets
Examines how financial markets, institutions, and instruments interact. Establishes the macro context in which all corporate finance decisions are made.
Lesson 2 • Time Value of Money Principles
Introduces present and future value mechanics for single sums and annuities. These calculations underpin every valuation and investment decision in the course.
Lesson 3 • Financial Ratio Analysis
Teaches liquidity, profitability, leverage, and efficiency ratios. Connects statement data to actionable performance insights for managers and analysts.
Lesson 4 • Core Accounting and Financial Statements
Covers the income statement, balance sheet, and cash flow statement. Provides the data literacy needed for all subsequent financial analysis.
Lesson 5 • Introduction to Financial Planning
Covers budgeting, forecasting, and pro forma statement construction. Links historical analysis to forward-looking financial decision-making.

Chapter 2See details

Valuation of Firms and Securities

Lesson 1 • Relative Valuation and Multiples
Uses price-to-earnings, EV/EBITDA, and other market multiples for peer comparison. Provides a fast, market-anchored complement to intrinsic value models.
Lesson 2 • Valuation in Mergers and Acquisitions
Extends valuation techniques to M&A contexts including synergy estimation and deal pricing. Prepares students to assess acquisition premiums and value creation.
Lesson 3 • Bond Valuation and Yield Analysis
Values fixed-income securities using present value of coupon and principal cash flows. Introduces yield to maturity, duration, and interest rate risk.
Lesson 4 • Equity Valuation Models
Applies dividend discount models and free cash flow models to value ordinary shares. Compares model outputs and identifies key value drivers.
Lesson 5 • Enterprise Valuation and DCF
Builds a full discounted cash flow model for enterprise valuation. Integrates WACC, terminal value, and net debt to derive equity value per share.

Chapter 3See details

Cost of Capital and Capital Structure

Lesson 1 • Capital Structure Theory
Presents Modigliani-Miller propositions and the trade-off theory of gearing. Explains how taxes and financial distress costs shape optimal debt levels.
Lesson 2 • Component Costs of Capital
Calculates the after-tax cost of debt, preference shares, and ordinary equity. These components feed directly into the weighted average cost of capital.
Lesson 3 • Weighted Average Cost of Capital
Combines component costs using market-value weights to derive WACC. Establishes the hurdle rate used in all subsequent valuation and project analysis.
Lesson 4 • Gearing and Financial Risk
Quantifies operating and financial gearing and their combined effect on earnings. Links gearing metrics to credit risk and investor return expectations.
Lesson 5 • Choosing the Optimal Capital Structure
Integrates theory with practical tools for selecting a target debt ratio. Students apply WACC minimisation and coverage analysis to real firm scenarios.

Chapter 4See details

Capital Budgeting and Investment Decisions

Lesson 1 • Net Present Value and IRR Methods
Applies NPV and internal rate of return to accept-or-reject decisions. Contrasts the two methods and resolves conflicts in mutually exclusive choices.
Lesson 2 • Identifying and Estimating Project Cash Flows
Defines incremental, after-tax cash flows relevant to capital projects. Accurate cash flow estimation is the critical input for all evaluation techniques.
Lesson 3 • Capital Budgeting in Practice
Examines how organisations structure approval processes and post-audit reviews. Bridges theoretical models with real-world capital allocation governance.
Lesson 4 • Payback and Profitability Index
Introduces payback period and profitability index as supplementary screening tools. Highlights their limitations alongside NPV-based methods.
Lesson 5 • Risk Analysis in Capital Budgeting
Incorporates uncertainty into project evaluation through scenario and sensitivity analysis. Prepares students to present risk-adjusted recommendations.

Chapter 5See details

Working Capital and Liquidity Management

Lesson 1 • Cash and Liquidity Management
Covers cash forecasting, target cash balances, and concentration banking. Ensures the firm maintains adequate liquidity without holding excess idle cash.
Lesson 2 • Accounts Receivable and Credit Policy
Analyses credit standards, terms, and collection procedures to balance sales growth with default risk. Links receivables policy to profitability and cash flow.
Lesson 3 • Short-Term Financing Sources
Evaluates trade credit, revolving credit facilities, and commercial paper as funding tools. Matches financing instruments to the firm's liquidity profile and cost constraints.
Lesson 4 • Cash Conversion Cycle Analysis
Measures the time between cash outflows and inflows through the operating cycle. Identifies levers in inventory, receivables, and payables to free working capital.
Lesson 5 • Inventory Management Techniques
Applies EOQ, safety stock, and just-in-time models to minimise inventory costs. Connects inventory decisions to working capital efficiency and service levels.

Chapter 6See details

Corporate Financing and Dividend Policy

Lesson 1 • Dividend Policy Theory and Practice
Presents dividend irrelevance theory alongside clientele and signalling effects. Connects payout decisions to investor expectations and firm life-cycle stage.
Lesson 2 • Equity Financing and IPO Process
Covers the mechanics of initial and seasoned equity offerings, underwriting, and pricing. Explains how equity issuance affects ownership structure and cost of capital.
Lesson 3 • Debt Financing and Bond Issuance
Examines corporate bond features, covenants, and the issuance process. Links debt instrument design to the firm's risk profile and investor base.
Lesson 4 • Hybrid Securities and Structured Finance
Introduces preference shares, convertibles, warrants, and securitisation structures. Explains how hybrid instruments balance debt and equity characteristics.
Lesson 5 • Share Repurchases and Buyback Programmes
Analyses open-market repurchases, tender offers, and their effect on EPS and value. Compares buybacks to cash dividends as alternative payout mechanisms.

Chapter 7See details

Risk Management and Derivatives

Lesson 1 • Financial Risk Identification and Measurement
Categorises market, credit, liquidity, and operational risks facing firms. Introduces Value at Risk and stress testing as quantitative measurement tools.
Lesson 2 • Forwards and Futures Contracts
Explains the mechanics of forward and futures contracts for hedging price risk. Covers basis risk, margin requirements, and hedge ratio determination.
Lesson 3 • Options: Pricing and Strategies
Introduces call and put options, the Black-Scholes model, and the Greeks. Applies option strategies to corporate hedging and speculative contexts.
Lesson 4 • Enterprise Risk Management Framework
Integrates individual risk tools into a firm-wide ERM programme aligned with strategy. Covers governance, risk reporting, and hedging policy design.
Lesson 5 • Swaps and Interest Rate Risk
Covers plain-vanilla interest rate and currency swaps as hedging instruments. Demonstrates how swaps convert floating-rate exposure to fixed and vice versa.

Chapter 8See details

Strategic Financial Planning and Performance

Lesson 1 • Long-Range Financial Forecasting
Constructs multi-year integrated financial models linking strategy to projected statements. Develops skills in assumption documentation and model auditability.
Lesson 2 • Economic Value Added and Value Drivers
Applies EVA and value driver frameworks to measure whether firms earn above their cost of capital. Links operational decisions to shareholder value creation.
Lesson 3 • Corporate Governance and Stakeholder Value
Examines board structure, executive compensation, and shareholder rights in value governance. Connects governance quality to cost of capital and long-term performance.
Lesson 4 • Balanced Scorecard and KPI Design
Translates financial and strategic goals into measurable KPIs across four perspectives. Ensures performance metrics align with long-term value creation objectives.
Lesson 5 • Mergers, Acquisitions, and Divestitures
Evaluates strategic rationale, due diligence, and post-merger integration for M&A. Covers divestitures and spin-offs as tools for portfolio optimisation.

Certification

Your valid completion certificate

This course is for you:

Financial analyst: ready to move beyond reporting into strategic decision-making roles.
MBA student: seeking real-world application of corporate finance theory and modelling.
Accounting professional: wanting to expand expertise into valuation and capital markets.
Business owner: needing to evaluate investments and understand financing options confidently.
Career changer: transitioning into finance from engineering, consulting, or operations backgrounds.
Investment banking associate: looking to sharpen technical skills across the full deal cycle.

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