Risk and Return and the Weighted Average Cost of Capital, Certificate

Risk and Return and the Weighted Average Cost of Capital, Certificate

  • Anytime
    Application Deadline
  • 1 month
    Duration
EdX is an online learning platform trusted by over 12 million users offering Risk and Return and the Weighted Average Cost of Capital course in collaboration with Columbia University - ColumbiaX. Learn how to measure the risk and return of equity and debt; and compute the weighted average of cost of capital.

About

The Risk and Return and the Weighted Average Cost of Capital Risk and Return and the Weighted Average Cost of Capital course is part of Corporate Finance from Columbia University - ColumbiaX Columbia University - ColumbiaX.

In this course, you will learn to estimate the expected return of equity and debt. You will also learn to estimate the weighted average cost of capital (WACC), the opportunity cost of capital you should use when discounting the free cash flows to value a firm.

In the process, you will learn to estimate the risk of financial assets and how use this measure of risk to calculate expected returns. You will also learn how the capital structure of a firm affects the riskiness of its equity and debt. Throughout the course, you will learn how to construct Excel models to value firms using hands on activities.

The Risk and Return and the Weighted Average Cost programme is part of the Corporate Finance Professional Certificate.

What you'll learn:

  • How to measure risk
  • Estimate the expected return of an asset based on its risk
  • Adjust the risk of the equity and debt of a firm when the firm changes its capital structure
  • Calculate the weighted average cost of capital (essential input to value of firm)

Detailed Programme Facts

  • Programme intensity Part-time
    • Average part-time duration 1 months
    • Intensity 4 hrs/week
    • Duration description

      Length: 4 weeks Effort: 3 to 4 hours per week

  • Languages
    • English
  • Delivery mode
    Online

Programme Structure

Courses Included:
  • Risk, return, and the Capital Asset Pricing Model (CAPM) 
  • The Weighted Average Cost of Capital (WACC) and the effect of capital structure on WACC
  • Case study: Estimating the WACC 
  • Valuation capstone case

Lecturers

  • Daniel Wolfenzon - Stefan H. Robock Professor of Finance and Economics, Columbia Business School, Columbia University

English Language Requirements

This programme requires students to demonstrate proficiency in English.

Academic Requirements

Prerequisites

Students must be familiar with basic concepts of Accounting; basic skills in Microsoft Excel (or equivalent); Students should have completed Introduction to Corporate Finance and The Free Cash Flow Method for Firm Valuation.

Tuition Fee

  • International Applies to you

    99 USD/full
    Tuition Fee
    Based on the original amount of 99 USD for the full programme and a duration of 1 months.
  • National Applies to you

    99 USD/full
    Tuition Fee
    Based on the original amount of 99 USD for the full programme and a duration of 1 months.
We've labeled the tuition fee that applies to you because we think you are from and prefer over other currencies.
  • 5% discount coupon: Z7LZNQ4TN3B2JTWU valid for any free course + certificate upgrade

Funding

Check the programme website for information about funding options.

StudyPortals Tip: Students can search online for independent or external scholarships that can help fund their studies. Check the scholarships to see whether you are eligible to apply. Many scholarships are either merit-based or needs-based.

The Global Study Awards: get funded with up to £10,000 to study abroad

Together with the ISIC Association and British Council IELTS, StudyPortals offers you the chance to receive up to £10000 to expand your horizon and study abroad. We want to ultimately encourage you to study abroad in order to experience and explore new countries, cultures and languages.