Putting finance at the heart of decision-making is mission critical today and not just in the C-suite. Functional leaders in every industry face pressure to show the financial return and value of their initiatives, including the upside opportunity and downside risk of every decision. Having a strong foundation in finance and an ability to speak that language is a must in today’s globally competitive market, because errors quickly become magnified and have greater implications to a company’s future.
Wharton Finance for Executives leverages what Wharton is world-renowned for – finance that strikes the right balance between academic rigor and practical application. Wharton faculty, led by Finance Professor Michael Roberts, an expert in corporate finance, apply their field-based research and professional experience to teach the latest strategic insights for making more informed and better decisions, and providing participants with an improved ability to communicate those decisions to financial executives.
Faculty put the course learnings in a context that is real, immediately applicable and understandable. You will gain a thorough understanding of financial principles and the ability to apply them in practice. From practical tools to case application, you will apply financial tools and frameworks to real-life case examples. You will leave the program with a new financial acumen that can inform every strategic decision and project you champion within your organization.
Ultimately, the program lifts removes the shroud of mystery that people often have about finance and empowers them to use it to improve their business, show their value to the organization, and further their professional development.
Session topics include:
- Sources of Value and Free Cash Flow
- Cost-Benefit and Discounted Cash flow Analysis
- Decision Criteria: Net Present Value, Internal Rate of Return, Payback Period
- Risk, the Cost of Capital, and the Hurdle Rate
- Growth through Strategic Mergers and Acquisitions
- Risk Assessment & Sensitivity Analysis in Decision Making
- Returns vs. Value
- Financial Options
- Real Options
- Staged Decision Making with Decision Trees
Through highly interactive lectures and up to six breakout sessions, participants will work in small groups to apply financial principles to a variety of business scenarios.
Overall, you will gain:
- An understanding of how business decisions affect value and are reflected in financial metrics and accounting statements
- A financial vocabulary to better understand and interpret financial information
- Increased confidence to engage with financial executives
- Insight into applying business valuation techniques to assess the value of investment projects, corporate assets, and whole companies for potential acquisition
- The ability to better use financial information in managerial decision making
- Rich opportunities to network with peers and engage in debates on current financial problems with some of the world's top finance faculty