Mergers and Acquisitions: Free Cash Flow Modeling

Learn how to use free cash flow modeling

This course looks at how to use free cash flow concepts to analyse and evaluate corporate performance in order to make better capital budgeting and acquisition decisions.

You’ll get an introduction to free cash flow and its components and learn about cost of capital. You’ll also look at how free cash flow can be used in acquisitions, and explore some common implementation issues.

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.

• Free cash flow
• Introduction
• Free cash flow and the objective of the company
• Components of free cash flow
• Conclusion
• Capital and modified free cash flow
• Introduction
• Cost of capital
• Capital budgeting using free cash flow
• Modified free cash flow
• Conclusion
• Evaluating and integrating acquisitions
• Introduction
• Using free cash flow to evaluate acquisition opportunities
• Integration of acquisitions
• Conclusion