This training starts out with a description and discussion of the main accounting parameters that are relevant in the context of capital structure and cost of capital. It examines the CAPM model in order to understand the connection between a firms cost of capital and its value and illustrates with multiple practical examples and case studies how this is adapted in practice. The last session of the course looks at the technical aspects of calculating the WACC of a firm, given the understanding built up over the previous sessions.

Learning outcomes

• To understand the main accounting parameters used in capital structure analysis
• To be able to point to the components of FV
• To know how the CAPM model has developed professional financial thinking
• To be able to deduce a firm’s optimal capital structure
• To be able to calculate the Weighted Average Cost of Capital of a firm

Who Should Attend
Corporate finance analysts, equity analysts.