Do you aspire to work in the upper echelons of a top corporation?
Boost your chances of success on that path by increasing your understanding of the complex yet fascinating world of corporate finance with this intensive summer programme for students aged 19+ from Oxford Royale Academy.
Residential in a college of the University of Oxford.Apply Now
To study Corporate Finance is to engage in the critical study of how organisations assess and manage funding issues, capital structuring and investment decisions with the overall goal of maximising shareholder value.
In order to achieve this, rigorous risk analysis needs to be carried out and subsequently monitored and controlled. Management must identify the optimal mix of corporate financing then match this financing as closely as possible to a long-term strategic plan.
Risk management activities have a crucial role to play in corporate finance, as a failure to manage corporate risk properly can have serious consequences, not only for a company but also for entire industries and even economies.
The course will begin with a detailed overview of the contemporary challenges in unstable and uncertain markets and consider different types of corporate finance risks. Participants will debate and discuss such topics as long-term capital investment decisions, capital financing as well as short-term financial management and liquidity.
Students will then be taken on a practical journey through the three main corporate financing decisions that corporate finance professionals and managers have to make, equipping students with the skills and analytical tools necessary to make capital budgeting, capital structure and working capital management decisions.
For each of these three major decision-making tasks, the traditional financial instruments used to manage exposure to corporate risk will be critically evaluated. These will include such instruments as equity risk analysis, portfolio theory, CAPM models, expected rate of return and the equity cost of capital as will the new generation of corporate finance risk analysis tools such as factor models and asset pricing models.
By the end of the course students will:
|Monday||Lecture 1: Contemporary Challenges in Corporate Financial Risk Analysis and Management – Major International Finance Risks|
|Seminar 1: Strategies for managing international corporate finance risk – case study research and analysis|
|Tuesday||Lecture 2: Capital budgeting – what long-term financial decisions should a firm take?|
|Seminar 2: Assessing capital budgeting risk instruments – applied practical skills development and case study analysis|
|Wednesday||Lecture 3: Capital Structure – where can a firm acquire long-term financing? (Debt Vs Equity mix)|
|Seminar 3: Assessing capital structure risk instruments – applied practical skills development and case study analysis|
|Thursday||Lecture 4: Working capital management- how can a firm manage everyday financial activities?|
|Seminar 4: Assessing working capital risk instruments – applied practical skills development and case study analysis|
|Friday||Lecture 5: New Generation Models-factor models, asset pricing models|
|Seminar 5: Presentations, course review and action planning|
1 x Written Assignment (500-750 words)
1 x Group Presentation
An intensive summer programme designed to introduce adult students to the fundamentals of Finance.
An intensive summer programme designed to introduce students aged 19+ to the principles of accounting.