Financial Markets and Corporate Finance

Wednesday - Friday
9:00 am - 5:00 pm

Saturday
9:00 am - 12:00 nn

This three-and-a-half-day seminar-workshop is designed to provide the participants with a substantive background on the financial markets as potential sources of capital, and the various financial instruments/securities firms use as vehicles to raise funds.

The module presents the capital structure theories, cost of capital, and dividend policy formulations that affect the behavior of the financial markets. It likewise discusses the determinants of optimal capital structure that diminish cost of capital and enhance firm value.

The module also covers the basic principles of equity valuation crucial for performing equity research, recommendations, peer comparisons and portfolio creation and management. And, to supplement their classroom exercises, participants take a practical look at stock market trading and operations.

At the end of this module, you shall attain:
1.     A clear understanding of the behavior of financial markets
        from the global and domestic setting, and the factors that
        affect them;
2.    A solid understanding of capital structure using the balance
       sheet model framework, its cost and long-term effects on risks
       and returns;
3.    Adequate skill in determining financial options based on the
       analysis of the financial markets, taking into account costs,
       risks, returns and prices;
4.    A practical insight into the operation of the stock market,
       its opportunities and prospects for financing decision choices
       and investment prospects;
5.    A broad view of the operations of the debt market, its costs,
       risks, returns, and prices; and
6.    A good understanding of the nature, type and impact of dividend
       policy on capital structure, risks, and returns.

This course is designed for chief executive officers, chief financial officers, financial analysts, investment analysts, accountants, and practitioners who wish to upgrade their understanding and skills in financial management issues and problems.

This module, which discusses real situations through case analyses, simulations, and actual stock trading operations, covers the following topics:

•      The balance sheet model as a capital structure  
•      Cost of capital and the weighted average cost of capital (WACC)   
•      Optimal capital structure: ideal or practical?    
•      The capital markets: debts and equities    
•      Dividend theories, policies and practices  
•      Equity securities analysis      
•      Portfolio creation and management  
•      Stock market trading and operations  

is a faculty member of two reputable graduate schools in Manila teaching investment analysis course on equities and fixed income analysis and valuation.