Corporate Finance

1. Capital Investment Decisions
   1. Evaluating Investment Opportunities
      1. Capital Budgeting Process
         1. Identifying Potential Investment Projects
         2. Estimating Future Cash Flows
         3. Assessing Economic Life of Investments
         4. Estimating Terminal Value
      2. Net Present Value (NPV)
         1. Calculating NPV
         2. Determining Discount Rate
         3. Interpreting NPV Results
         4. Sensitivity Analysis in NPV
      3. Internal Rate of Return (IRR)
         1. IRR Calculation Techniques
         2. Comparing IRR with Required Rate of Return
         3. Advantages and Disadvantages of IRR
         4. MIRR - Modified Internal Rate of Return
      4. Payback Period
         1. Simple Payback Period Calculation
         2. Discounted Payback Period
         3. Pros and Cons of Payback Period Analysis
         4. Using Payback Period with Other Evaluation Methods
      5. Profitability Index
         1. Formula and Calculation
         2. Interpreting Profitability Index
         3. Using Profitability Index in Decision making
   2. Assessing Risk in Investment Decisions
      1. Risk Analysis Techniques
         1. Scenario Analysis
         2. Sensitivity Analysis
         3. Simulation Analysis
      2. Project-Specific Risks
         1. Market Risks
         2. Technological Risks
         3. Regulatory Risks
      3. Company-Specific Risks
         1. Operational Risks
         2. Financial Risks
         3. Management Risks
   3. Project Financing
      1. Types of Project Financing
         1. Equity Financing
         2. Debt Financing
         3. Mezzanine Financing
      2. Key Project Finance Structures
         1. Non-Recourse and Limited Recourse Financing
         2. Off-Balance-Sheet Financing
         3. Special Purpose Vehicles (SPVs)
      3. Analyzing Financing Options
         1. Cost of Project Financing
         2. Flexibility and Control
         3. Impact on Financial Statements
   4. Real Options Analysis
      1. Concept of Real Options
         1. Call and Put Options in Real Investments
         2. Timing Options - Delaying Investments
         3. Growth Options - Expansion Opportunities
      2. Valuing Real Options
         1. Binomial Models
         2. Black-Scholes Model
         3. Limitations of Real Options Valuation
      3. Strategic Applications of Real Options
         1. R&D Investments
         2. Capacity Expansion Decisions
         3. Market Entry and Exit Decisions
   5. Performance Measurement and Post-Audit of Investment Projects
      1. Key Performance Indicators (KPIs)
         1. Return on Investment (ROI)
         2. Economic Value Added (EVA)
         3. Internal Benchmarking Metrics
      2. The Post-Audit Process
         1. Purpose of Investment Post-Audit
         2. Steps in Conducting a Post-Audit
         3. Lessons Learned and Feedback Loops