Free Cash Flow Modelling
Find out how free cash flow modelling can help in to determine mergers and acquisition opportunities with this online course from New York Institute of Finance.
Who is the course for?
This course is ideal for financial analysts and associates. It is also suitable for directors and managers who have transitioned, or hope to transition, to mergers and acquisitions from other areas, such as equities or fixed income.
To get the most from this course you will need a good knowledge of financial analysis and MS Excel.
What topics will you cover?
Week 1 – Free Cash Flow
Free cash flow components and the objective of the firm
Week 2 – Capital and Modified Free Cash Flow
The cost of capital, capital budgeting using free cash flow, and modified free cash flow
Week 3 – Evaluating & Integrating Acquisitions
Using free cash flow to evaluate acquisition opportunities, and the integration of acquisitions and its issues
What will you achieve?
By the end of the course, you‘ll be able to…
Investigate how to develop a Free Cash Flow approach to Incentive Compensation
Compare the relationship between Free Cash Flow and Economic Value Added Value Acquisitions using Free Cash Flow
Identify the steps to use Free Cash Flow for Capital Budgeting Decisions
Describe the steps to calculate Cost of Capital
Explain the Drivers of Free Cash Flow
Compare Free Cash Flow to Net Income