Jim Stice, Kay Stice – Corporate Finance Fundamentals

Jim Stice, Kay Stice – Corporate Finance Fundamentals

At its core, finance is about deciding what to buy, getting the money you need to buy it, and efficiently managing your resources after making the purchase. In this course, Brigham Young University business professors Jim and Kay Stice provide a comprehensive overview of finance, and touch on everything from reading a balance sheet to understanding derivatives and securities. They tackle questions such as “What is the difference between short-term financial management and long-term financing?” and “What is the difference between a traditional bank, an investment bank, and an investment fund?” Along the way, you’ll get a look at financial reports from companies such as Walmart and Toys “R” Us, and even analyze the data that go into personal financial decisions, such as deciding whether to buy a car and ensuring long-term financial success.

Topics include:

• Understanding financial statements
• Managing finances in the short term
• Analyzing risk and return
• Obtaining short-term and long-term financing
• Understanding the stock and bond markets
• Comparing the Facebook and Microsoft IPOs
• Working with financial institutions
• Using capital budgeting
• Creating simple personal saving and investment plans

Table of Contents:

Introduction 2m 13s
Welcome 1m 20s
What you should know before watching this course 53s

1. What Is Finance? 6m 31s
Introducing finance 1m 47s
Finance inside of companies 2m 25s
Finance outside of companies 2m 19s

2. Understanding Financial Statements 44m 34s
Introducing financial statements 1m 20s
Overview of financial statements 2m 5s
The balance sheet 3m 24s
The income statement 2m 34s
The statement of cash flows 4m 14s
Widely used ratios 11m 50s
Forecasting financial statements 2m 53s
Example: Forecasting financial statements 16m 14s

3. Short-Term Financial Management 20m 28s
Introducing short-term financial management 2m 20s
The operating cycle 2m 49s
Cash management 4m 15s
Managing receivables and inventory 5m 0s
Obtaining short-term financing 2m 20s
Internal controls 3m 44s

4. Risk and Return 32m 36s
Introducing risk and return 1m 42s
What is risk? 5m 1s
Why we don’t like risk 5m 32s
Reducing risk through diversification 3m 29s
Beta 6m 9s
Risk-free rate 2m 20s
Equity risk premium 2m 50s
Capital asset pricing model (CAPM) 5m 33s

5. Obtaining Long-Term Financing 26m 4s
Introducing long-term financing 2m 47s
Does capital structure matter? 11m 17s
Cost of capital 9m 25s
Weighted-average cost of capital 2m 35s

6. Understanding Securities Markets 23m 15s
Introducing securities markets 1m 30s
The difference between a stock and a bond 4m 18s
Stock and bond markets 7m 49s
IPOs: Microsoft and Facebook 8m 25s
Can you pick stocks in the stock market? 1m 13s

7. Financial Institutions 24m 6s
Introducing financial institutions 2m 20s
Traditional banks 6m 13s
Investment banks 3m 11s
Investment funds 9m 27s
Insurance companies 2m 55s

8. Capital Budgeting 14m 58s
Introducing capital budgeting 1m 52s
Capital budgeting overview 3m 20s
The importance of the time value of money 3m 31s
Example: Buying a car in Hong Kong 6m 15s

9. Bonus: Personal Financial Planning 11m 43s
Introducing personal financial planning 1m 58s
The secret to financial security 1m 11s
The importance of personal budgeting 2m 50s
Simple savings and investment plans 5m 44s

Conclusion 1m 1s
Reviewing corporate finance 1m 1s