If you are interested in investment banking, hedge funds, or private equity and want to understand how to build a Discounted Cash Flow model, this free course walks you through two DCF models. It covers the purpose of DCF analysis, Net Present Value, Weighted Average Cost of Capital, and building a DCF using an integrated financial statement model.

This Course Offers

• A Clear Introduction to DCF Modeling: You will learn the purpose of DCF analysis through a simple, everyday example that makes the process easy to understand.
• Foundational Financial Concepts: The course covers Net Present Value (NPV) and Weighted Average Cost of Capital (WACC), the two key concepts behind any DCF model.
• A More Thorough DCF Model: You will walk through a DCF analysis using an integrated financial statement model, applying the concepts to a real company scenario.
• Downloadable Resources: Each lecture has an Excel template or PDF notes available for download, allowing you to follow along.

Why We Love This Course

1. It is free. You can learn DCF modeling fundamentals without any financial commitment.
2. It is taught by an experienced practitioner. The instructor was a founding member of an investment team for a merchant banking business and previously worked for JPMorgan and Rabobank's M&A team.
3. It is short and focused. In just 30 minutes, you can understand the core concepts and mechanics of a DCF model.
4. It includes two models. The course starts with a basic, everyday example and then moves to a more thorough DCF using integrated financial statements.

If you are a student interested in investment banking, hedge funds, or private equity, or an entrepreneur looking to increase your understanding of finance, this free, short course provides a solid introduction to DCF modeling. Note that the course was last updated in 2014, so some financial conventions or Excel features may have changed, but the core DCF concepts remain relevant.

• Students interested in investment banking, hedge funds, or private equity who want to learn DCF modeling.
• Entrepreneurs looking to increase their understanding of finance and business valuation.
• Curious individuals who want to understand how companies are valued using discounted cash flow analysis.
• Anyone who wants a free, short introduction to one of the most important valuation methods in finance.

• Familiarity with Excel is required.
• Completion of "A Simple Model: Introduction to Financial Modeling" is recommended as a prerequisite.
• A willingness to learn through downloadable templates and video walkthroughs is essential.

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