View all MCF course profiles
These courses develop financial knowledge, models and tools.
You must attend all courses and take compulsory exams in each course.
Fundamentals of Finance
Capital Markets
- Issuing Equity Securities
- The IPO Process
- The Bond Issuing Process
- Credit & Equity Derivatives
Corporate Financial Policies
- Capital structure decisions
- Dividend distribution decisions
- Analyzing the Operational Risk
- Setting the Right Mix of Means of Financing
Corporate Valuation
- Basic Principle in Valuation
- Discounted Cash Flow
- DDM and Other Techniques
- Relative Valuation Approaches (Market and Transaction Multiples)
- Valuation for M&As
Financial Accounting
- Accounting and the Language of Business: The Balance Sheet
- Transaction Analysis
- Accrual Accounting and Financial Statement
- Income Statement and Balance Sheet Evaluation
Financial Analysis
- Financial Statement Analysis
- Financial Ratios
- Cash Flow Modeling And Analysis
- Working Capital Management
- Financial Planning & Cash Management
Financial Management
- Capital Budgeting and Investment Analysis
- Cost of Equity Capital
- Cost of Debt
- Capital Structure
Financial Modeling
- Statistics Review
- Linear Regression
- Time Series Forecasting
- What If Analysis
- Monte Carlo Simulation
International Financial Systems
- analysis of the international banking systems
- mutual funds and hedge funds
- financial risks, liquidity and systemic risks
- banking union, capital regulation, resolution and bail-in
Investments
- Capital Allocation to Risky Assets
- Optimal Risky Portfolios
- The Capital Asset Pricing Model
- Arbitrage Pricing Theory and Multifactor Models of Risk and Return
- Empirical Evidence on Security Returns
Investments Banks and M&A
Monetary & Financial Economics
- Re-Building Macroeconomics: Structural Trends, Business Cycles and Economic Policies, Politicians and Central Bankers
- Business Cycles and Economic Policies: Defining the Targets of Aggregate Supply and Aggregate Demand
- Normal Times: Building Up the Policy Reaction Function, Central Bank Independence (Monetary Dominance), Interest Rate Policy
- Extraordinary Times: Unconventional Monetary Policy, Quantitative Easing, Forward Guidance
Tax & Finance
Tax implications of:
- Conducting industrial and financial business activities
- Dividend distribution and interest payments
- Development of a global supply chain
- Structuring and restructuring of corporate groups
- M&A transactions