About this course
This is the online version of Aswath Damodaran’s famous corporate finance class at NYU’s Stern School of Business. The course consists of an introductory session followed by 36 lectures that systematically cover the entire discipline. Damodaran, a leading authority on valuation, teaches you how to think about investment decisions, financing choices, and dividend policy from a first-principles perspective.
You’ll explore topics like the time value of money, risk and return, capital budgeting, cost of capital, capital structure theories, and firm valuation. The course is built around practical examples and intuitive explanations, making complex concepts accessible. All materials — including lecture notes, spreadsheets, and problem sets — are freely available on the instructor’s website.
After completing this course, you will be able to analyze corporate financial statements, evaluate investment projects using NPV and IRR, determine optimal capital structure, and value a company using discounted cash flow models. This is ideal for finance students, professionals seeking to strengthen their foundation, or self-learners wanting to understand how businesses make financial decisions.
