Why Take This Course?

The Discounted Cash Flow (DCF) valuation methodology is one of the most widely used and robust approaches in corporate finance. Its flexibility allows it to be applied to both early-stage growth companies and mature businesses in established industries. However, proper implementation requires a high level of technical precision and a deep understanding of the relationship between cash flows, discount rates, taxes, and time horizon.

In this course, you will learn to build a DCF model from scratch, avoiding common errors in cash flow estimation, WACC calculation, tax projection, and terminal value determination. You will also develop advanced visualizations to present results clearly and persuasively to stakeholders.

Learning Methodology

  • Hands-on development of complete DCF models in Excel
  • Step-by-step explanations focused on best practices
  • Technical comparison with other valuation methodologies
  • Interactive cases and exercises to validate common modeling errors
  • Advanced visualization using dashboards and sensitivity analysis
  • Includes downloadable templates, technical model guide, reinforcement exercises, and certificate of completion.

Academic Development

Learning Objectives:

  • Compare the DCF approach with other methods such as comparable companies and precedent transactions
  • Design an optimal DCF model structure for presentation and analysis
  • Accurately calculate unlevered free cash flow (UFCF) and WACC
  • Develop terminal value models using perpetuity and multiples methods
  • Identify common modeling errors related to dates, taxes, and circular references
  • Distinguish between current and deferred taxes in both leveraged and unleveraged scenarios
  • Build a professional dashboard with one- and two-variable sensitivity analysis
  • Present key results clearly and visually to executive teams or investors

Who Should Attend?

This course is especially designed for:

  • Investment banking and private equity analysts
  • Equity research and corporate development professionals
  • Valuation, M&A, and strategic planning specialists
  • Financial consultants and managerial accountants
  • Finance managers supporting investment and funding decisions

Prerequisites

Required Skills

  • Fundamentals of Accounting and Corporate Finance
  • Intermediate Excel proficiency
  • Basic understanding of financial structures and business models
  • Logical reasoning and grasp of time value of money

Post-Certification Profile

Upon completion of this course, you will be able to:

  • Build a professional DCF model from the ground up
  • Apply the methodology across various industries and business contexts
  • Accurately determine a company's present value with financial rigor
  • Identify and correct common errors in tax structures and timing
  • Present results using advanced visual tools to support decision-making
  • Contribute strategic value in investment evaluation, acquisitions, and restructurings