Investment Analyst Prep
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All learning paths
Corporate Finance
7 Lessons
Level 1
Who owns the business and its debts?
Business forms and owner liability
Foundations
Level 2
Competing claims on corporate value
Stakeholders and their claims
Foundations
Level 3
Governance that constrains conflicts
Governance that limits conflicts
Core
Level 4
Keep an operating business liquid
Working capital and liquidity
Core
Level 5
Choose projects that create value
Capital budgeting with NPV and IRR
Exam-ready
Level 6
Choose how a business is financed
Capital structure and the cost of capital
Core
Level 7
Explain how a business earns money
How a business model earns money
Foundations