Specialized Finance Program (Hybrid Trujillo)

The basic concepts of finance will be explained, allowing you to understand, among other things, how to calculate the monthly payment charged by a financial institution when granting a loan, how to read a payment schedule, how to calculate and interpret the NPV and IRR criteria when evaluating an investment, how much you have to pay the bank if you pay installments in advance, and how much you have to pay monthly when refinancing a loan.

This module will review the financial analysis tools that will allow us to know the financial health of my company, as well as the reasons why I might lack money: economic problems, operational problems or planning problems.

We will also teach you the tools that will allow us to anticipate and quantify whether we will have a deficit or surplus in the future: these include cash flow and the projected statement of financial position. Emphasis will be placed on explaining the structure that a cash flow statement used to manage a company's liquidity should have.

The methodology of projected cash flows will be analyzed as an investment analysis tool. The concepts used in the economic and financial evaluation of projects will be studied, including the construction and evaluation of cash flows. The various criteria for evaluating an investment project and developing its financial profile at each stage will also be taught.

In addition, the various methodologies used in risk management and in the evaluation of investment projects will be reviewed, such as: sustainability analysis, risk statistics measurements and the Monte Carlo Simulation tool.

This module will explore the various ways a company can finance itself, as well as the associated costs. Emphasis will be placed on the options available both within the financial system and from suppliers.

Furthermore, the course will examine the company's cost and capital structure and their impact on value creation. It will also delve into the medium- and long-term financing alternatives offered by the financial system, emphasizing the characteristics and advantages of each option. In addition, participants will learn how companies define their debt-to-equity mix, commonly known as their capital structure.

Finally, the cost of each of the financing alternatives and the joint cost or average cost of capital, called WACC, will be studied.

This module will examine the tools used to assess companies from the perspective of their numerical results:

• Valuation methods.
• Weighted average cost of capital (WACC) and required rate of return (ke).
• Risk-free rate, market risk premium, company beta, country risk premium.
• Optimal capital structure. Free cash flow (FCF) and cash flow available to shareholders (FCDA).
• Valuation by discounted cash flow.
• Case study.