See how corporate finance decisions create or destroy value
Corporate finance connects the investments a company makes with the capital used to fund them. This live course develops a practical framework for evaluating projects and acquisitions, comparing debt and equity financing, understanding the weighted average cost of capital, and assessing whether a company can support its financial obligations.
The session at a glance
Format · Live instructor-led webinar or in person Learning objectives · Evaluate investment projects using payback, NPV, and IRR; distinguish debt and equity financing; explain how ROIC and WACC affect shareholder value; and assess financial risk using cash flow, leverage, coverage, and liquidity measures.
Live instruction. Decisions that drive corporate value.
What to expect
- A live, instructor-led session that connects project investment, M&A, capital structure, and financial risk.
- Practical examples using payback, NPV, IRR, ROIC, WACC, leverage, coverage, and liquidity.
- A decision framework for explaining why an investment or financing choice creates or destroys value.
The goal is to connect each calculation to the business decision it is meant to support.


Who this course is for
Designed for analysts, associates, accountants, corporate-finance teams, transaction professionals, managers, and students who need a practical overview of investment and financing decisions.
Preparation that makes the finance framework more useful
Bring a recent capital-investment, acquisition, financing, or risk question your team has faced. Familiarity with financial statements and basic present-value concepts is helpful, but no completed valuation or capital-structure model is required before the session.
Course agenda
Follow the path from shareholder value and project selection to financing choices, cost of capital, and risk assessment.
Define the drivers of shareholder value
We begin by connecting firm investments, funding sources, return on invested capital, and the weighted average cost of capital.
Evaluate projects with payback, NPV, and IRR
We compare the strengths and limitations of common investment frameworks and apply them to value-creative and value-destructive decisions.
Apply the framework to acquisitions
We relate target cash flows, purchase price, control premiums, and synergies to the economics of an acquisition.
Compare debt and equity financing
We examine internal and external funding sources, the claims and tradeoffs of debt and equity, and the role of capital structure.
Calculate cost of capital and assess financial risk
We connect debt and equity costs in WACC and use cash flow, coverage, leverage, and liquidity measures to evaluate financial capacity.
A certificate worth sharing
Upon completion, you will receive a certificate signifying your completion. Add it to your LinkedIn profile, résumé, or professional-development record.

Common questions
The practical details, in one place.
Is this live or on demand?
This is a live, instructor-led course delivered as a webinar or in person for a private business or school group.
What does the session cover?
The session covers shareholder value, ROIC and WACC, project evaluation using payback, NPV, and IRR, acquisition economics, debt and equity financing, cost of capital, and financial-risk analysis.
Are recordings, materials, or certificates included?
Live sessions include the materials used during the program and a certificate of completion. Recordings are not included unless explicitly arranged in advance.
I am a CPA, can this course offer CPE credit?
Yes. Eligible live sessions can be offered for CPE credit when the program is delivered and documented in accordance with Pillars’ CPE policies. Confirm the specific engagement details with Pillars before the session.
Bring practical corporate-finance training to your team
Give your team a shared framework for evaluating investments, financing choices, cost of capital, and financial risk.