ICCF 2017-07-08T09:01:33+00:00

ICCF @ Columbia Business School

The International Certificate in Corporate Finance (ICCF) is rapidly becoming the benchmark certification in the field of corporate finance.

Since 2014, more than 2,000 current and aspiring financial professionals have pursued the ICCF certification.

ICCF provides a baseline set of knowledge for students, employees and employers in the three key areas of Corporate Finance:

Financial Analysis
Corporate Valuation
Investment & Funding Decisions

Language
English

Next Session
Oct. 2, 2017 – Feb. 11, 2018

Tuition Fee
$2,400

ENROLL

Enroll on or before Aug. 1, 2017

and save $200 

Contact us: cbs@ff.institute

Curriculum

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Hear from Professor Charles Jones

ICCF @ Columbia Business School comprises three 6-week Online Courses and three case studies:

1. Financial Analysis
See detail
2. Corporate Valuation
See detail
3. Investment & Funding Decisions
See detail

The three courses and their case studies require approximately 70 hours of work, over the course of five months.

The coursework prepares you for the ICCF final exam which can be taken at any Pearson VUE center around the world.

Course 1: Financial Analysis

Faculty
Professor Shivaram Rajgopal

Objectives
The goal of Financial Analysis is to diagnose the past in order to understand the present and try to predict the future. The learning objective of this course is to provide students with a clear, simple and effective methodology, enabling them to successfully complete financial analyses independently.

October 2, 2017- November 12, 2017

E-learning assets and textbook are available as soon as you enroll in the program.

They will allow you to start working on the following topics:
P&L account
Cashflow Statement
Working Capital

Introduction to financial analysis:
Why perform financial analysis?
Common mistakes
Roadmap and structure

First part : Margin analysis

Acquisition of fixed assets

State of depreciation of fixed assets
Investment policy: state of depreciation of fixed assets vs. Capex

Working capital requirements
Concept
Characteristics
Calculations

Dynamic approach

Static approach

Economic profitability
Concept
Measure

Return on equity
Concept
Measure
Limits

Leverage
Concept
Measure

Conclusion

A real company’s case…

1. 40 numerical questions

2. 500 word essay

Course 2: Corporate Valuation

Faculty
Professor Dan Wolfenzon

Objectives
This course presents the main methods and approaches in corporate valuation. You will learn the nuances of these methods and approaches, and develop an understanding for how they are applied to real-world situations.

November 13, 2017- December 22, 2017

It is necessary to understand and master the concepts of discounting and compounding.

Why value corporations?

Two methods, two approaches
Direct approach, intrinsic method
Direct approach, relative method
Indirect approach, intrinsic method
Indirect approach, relative method

Selecting multiples
Application to case study
Average, median and regression
Which years to consider?
Application to case study
Cost of capital
Common mistakes
From economic asset valuation to capital valuation
Patrimonial methods
Opco and Propco methods
Caveat
Conclusion
Further thoughts

Course 3: Investment and Funding Decisions

Faculty
Professor Charles Jones

Objectives
With a clear vision of a company’s financial health and of its valuation, we are now equipped to make financial decisions.

This course presents the main concepts and operational tools in this domain, in order to make sound decisions or to give the proper advice: should this investment be made? How should it be funded?

January 2, 2018 – February 11, 2018

E-learning assets present debt instruments and shares.
Introduction

Investment decisions
Toolbox
Net Present Value
Internal Rate of Return
Payback
Others

Traditional approach
Modigliani & Miller
Pecking order theory
Other approaches
Traditional approach
Main concepts
Choice factors
Accounting and financial criteria
Debt structure
Covenants
Debt renegociation
Why keep cash?

Conclusion

ICCF @ Columbia Business School Final Exam

The 2-hour final exam comprises 120 questions. It can be taken in any Pearson VUE center around the world, in 150 countries.

Conditions to obtain the certificate are as follows:
active participation in all three courses;
minimal grade of 50% on each case study;
minimal grade of 60% on the final exam.

The final grade is calculated as the weighted average of case studies grades (30%) and final exam grade (70%).

For more information, contact us:

email: cbs@ff.institute

call:
New York: +1-212-321-7095
Hong Kong: +852 9820 6348

Submit a question

About ICCF

Developed in 2013, The International Certificate in Corporate Finance (ICCF) is a trademark of FIRST FINANCE Institute Ltd (FFI).

The program was built by leading industry thought leaders and has become the first truly global certification in corporate finance.

More than 2,000 individuals from 40 different countries have pursued the ICCF certification.

ICCF @ Columbia Business School