Corporate Finance Essentials II

Where the material picks up

This second course in the set moves from foundations into market efficiency, bond valuation, relative stock valuation, capital structure and dividend policy. It asks how markets reflect information, then how a firm chooses its funding mix and what it returns to shareholders.

Prerequisites in practice

Labelled intermediate, it assumes you are comfortable with the core ideas from the earlier course it builds on. Credit risk and bond yields sit alongside equity analysis, so readers from a lending or treasury background may find those sections familiar.

• Revisit bond yield calculations before the default risk discussion, since one leads into the other.
• Compare relative valuation with your own method for a single stock to see where the two agree.

It suits finance students and early-career analysts who want to connect securities analysis with company-level decisions.