Skip to content
FinanceQuest
Start free

Learning path

Corporate finance and FP&A

FP&A analysts, finance business partners and corporate finance teams

Forecasting, investment appraisal and the analysis that supports budgets and capital decisions inside a company.

What's in it
Lessons available
76
Assessed items
8
Lessons in development
12
Study time left
28 h
Create a free account to follow this path

Your next step

Finance Fundamentals

What finance is for

Start Finance Fundamentals.

You can start as a guest. Create a free account to save progress along the path.

Start lesson

The sequence

  • Completed
  • In progress
  • Available
  • Members
  • In development
  1. Stage 1: Finance Fundamentalsfoundation · 0/13 lessons · 4.3 h leftAvailable
    1. 1What finance is for 15 minAvailable
    2. 2Risk and return 20 minMembers
    3. 3Markets, banks and instruments 22 minMembers
    4. 4The income statement 18 minAvailable
    5. 5The balance sheet 18 minMembers
    6. 6The cash flow statement 22 minMembers
    7. 7How the statements connect 22 minMembers
    8. 8Revenue, costs and margins 18 minAvailable
    9. 9Break-even and operating leverage 20 minMembers
    10. 10Working capital and the cash cycle 22 minMembers
    11. 11Unit economics 24 minMembers
    12. 12Percentages, growth and CAGR 18 minAvailable
    13. 13Inflation and real returns 20 minMembers
  2. Stage 2: Time Value of Moneyfoundation · 0/14 lessons · 4.1 h left · 1 assessedAvailable

    Builds on: Finance Fundamentals

    1. 1Future value and compound interest 15 minAvailable
    2. 2Present value and discounting 14 minAvailable
    3. 3Nominal and effective interest rates 12 minMembers
    4. 4Valuing uneven cash flows 16 minAvailable
    5. 5Annuities and perpetuities 17 minMembers
    6. 6Growing annuities and perpetuities 18 minMembers
    7. 7Loan payments and amortization 16 minMembers
    8. 8Comparing loan offers 24 minMembers
    9. 9Planning to a savings goal 22 minMembers
    10. 10Net present value (NPV) 18 minAvailable
    11. 11Internal rate of return (IRR) 18 minMembers
    12. 12Payback and profitability index 18 minMembers
    13. 13NPV profiles and the crossover rate 20 minMembers
    14. 14Dated cash flows: XNPV and XIRR 20 minMembers

    Prove it

  3. Stage 3: Financial Statement Analysisintermediate · 0/16 lessons · 5.5 h leftAvailable

    Builds on: Finance Fundamentals

    1. 1An analyst's framework 14 minAvailable
    2. 2Common-size statements 16 minMembers
    3. 3Horizontal and trend analysis 18 minMembers
    4. 4Profitability ratios 18 minAvailable
    5. 5Returns: ROA, ROE and ROIC 22 minMembers
    6. 6DuPont analysis 18 minMembers
    7. 7Liquidity ratios 15 minMembers
    8. 8Efficiency and the cash conversion cycle 22 minMembers
    9. 9Leverage and coverage 18 minMembers
    10. 10Analysing the cash flow statement 20 minAvailable
    11. 11Earnings quality and accruals 18 minMembers
    12. 12Normalising earnings 20 minMembers
    13. 13Benchmarking against peers 22 minMembers
    14. 14The lender's view 22 minMembers
    15. 15Red flags in financial statements 22 minAvailable
    16. 16Case: a full company analysis 45 minMembers
  4. Stage 4: Financial Modelingintermediate · 0/13 lessons · 7.2 h left · 1 assessedAvailable

    Builds on: Finance Fundamentals, Financial Statement Analysis

    1. 1Structuring a model 25 minAvailable
    2. 2Relative, absolute and mixed references 20 minMembers
    3. 3Checks and error traps 30 minMembers
    4. 4Revenue drivers 30 minMembers
    5. 5Forecasting costs 30 minMembers
    6. 6Working capital schedule 30 minAvailable
    7. 7PP&E and depreciation schedule 25 minMembers
    8. 8Debt schedule and interest 30 minMembers
    9. 9Linking the three statements 55 minMembers
    10. 10Cash sweep and revolver 45 minMembers
    11. 11Scenario switches 35 minMembers
    12. 12Sensitivity tables 35 minAvailable
    13. 13Reviewing a model 40 minMembers

    Prove it

  5. Stage 5: Corporate Financeintermediate · 0/12 lessons · 4 h left · 3 assessedAvailable

    Builds on: Time Value of Money

    1. 1Incremental cash flows 18 minAvailable
    2. 2Building a project model 25 minMembers
    3. 3Projects with unequal lives 18 minMembers
    4. 4Capital rationing 20 minMembers
    5. 5Sensitivity and break-even analysis 22 minMembers
    6. 6Cost of debt from yields 18 minAvailable
    7. 7Unlevering and relevering beta 20 minMembers
    8. 8Leverage, EPS and ROE 20 minMembers
    9. 9The interest tax shield 18 minMembers
    10. 10Dividends and buybacks 18 minMembers
    11. 11Working capital policy 18 minAvailable
    12. 12Cash budgeting 22 minMembers

    Prove it

  6. Stage 6: Financial Planning and Analysisintermediate · 0/8 lessons · 3 h left · 3 assessedAvailable

    Builds on: Financial Statement Analysis, Financial Modeling

    1. 1The budgeting process 20 minAvailable
    2. 2Building a revenue budget 20 minMembers
    3. 3Opex and headcount planning 20 minMembers
    4. 4Budget versus actual 20 minAvailable
    5. 5Price, volume and mix variances 25 minMembers
    6. 6Flexed budgets 25 minMembers
    7. 7Rolling forecasts 30 minMembers
    8. 8Financial KPIs 20 minMembers

    Prove it