Careers at Buy-Side Institutions
Interested in gaining the necessary knowledge to thrive in a career on the buy side? Explore CFI's interactive Career Map to find your perfect role.| Corporate Finance Institute
Interested in gaining the necessary knowledge to thrive in a career on the buy side? Explore CFI's interactive Career Map to find your perfect role.| Corporate Finance Institute
EPS is a financial ratio, which divides net earnings available to common shareholders by the average outstanding shares over a certain period of time.| Corporate Finance Institute
Cost of Equity is the rate of return a shareholder requires for investing in a business. The rate of return required is based on the level of risk associated with the investment| Corporate Finance Institute
An Employee Stock Ownership Plan (ESOP) refers to an employee benefit plan that gives the employees an ownership stake in the company.| Corporate Finance Institute
Asymmetric information is, just as the term suggests, unequal, disproportionate, or lopsided information.| Corporate Finance Institute
A forced sale value is the estimate of the amount that a business would receive if it sold off its assets one piece at a time during an unforeseen or uncontrollable event.| Corporate Finance Institute
The discount for lack of marketability (DLOM) is applied to private companies when valuing them. It relates to the company not being publicly traded| Corporate Finance Institute
A credit union is a type of financial organization that is owned and governed by its members.| Corporate Finance Institute
Many corporate finance books are available nowadays, covering various topics from beginner to advanced levels. Finance professionals can access a wide range| Corporate Finance Institute
A debt schedule lays out all of the debt a business has in a schedule based on its maturity and interest rate. In financial modeling, interest expense flows| Corporate Finance Institute
Senior term debt is a loan with a priority repayment status in case of bankruptcy, and typically carries lower interest rates and lower risk.| Corporate Finance Institute
Learn what a fairly valued security is, how to assess it using discounted cash flow (DCF) models, and why investor beliefs impact valuation.| Corporate Finance Institute
A staggered board of directors, also known as a classified board, refers to a board that consists of different classes of directors. In a staggered board of| Corporate Finance Institute
Current liabilities are financial obligations of a business entity that are due and payable within a year. A company shows these on the| Corporate Finance Institute
A platform company refers to the initial acquisition made by a Private Equity Group in a specific industry or marketplace. The acquisition acts as the starting| Corporate Finance Institute
Registration rights let investors compel a company to register shares with the SEC, enhancing liquidity and providing a potential exit strategy. Learn more.| Corporate Finance Institute
Advance your career with expert-led finance courses and certifications. Gain real-world skills in financial modeling, M&A, and valuation. Start learning today!| Corporate Finance Institute
A financial intermediary refers to an institution that acts as a middleman between two parties in order to facilitate a financial transaction.| Corporate Finance Institute
Arrears refers to payments that are overdue and that are supposed to be made at the end of a given period after missing out on the required payments.| Corporate Finance Institute
Excel offers a variety of functions that enable users to better organize their workbooks and contents.| Corporate Finance Institute
This VBA dictionary is a useful guide for anyone wanting to learn how to use VBA in Excel modeling. Review each of the terms and definitions in the VBA dictionary| Corporate Finance Institute
A credit card is a simple yet no-ordinary card that allows the owner to make purchases without bringing out any amount of cash. Instead, by using a credit| Corporate Finance Institute
Inelastic demand is when the buyer’s demand does not change as much as the price changes. When price increases by 20% and demand decreases by| Corporate Finance Institute
Generally, a shareholder is a stakeholder of the company, while a stakeholder is not necessarily a shareholder.| Corporate Finance Institute
Smart contracts refer to computer protocols that digitally facilitate the verification, control, or execution of an agreement.| Corporate Finance Institute
Explore CFI's free resource library of Excel templates, interview prep, and deep dives into the topics you need to know for a career in finance and banking.| Corporate Finance Institute
Searching for comprehensive finance education? Corporate Finance Institute offers expert-led online courses. ✓ Start your learning journey now!| Corporate Finance Institute
Quarterly revenue growth refers to an increase in the company's sales from one quarter to the next. The sales figure for the current quarter| Corporate Finance Institute
Proceeds refer to the cash received from the sale of goods or assets during a particular period. The total is obtained by multiplying the quantities sold by the| Corporate Finance Institute
Ancillary revenue is income a company generates from selling goods and services that are not a primary revenue stream or core business| Corporate Finance Institute
Calculate the Internal Rate of Return (IRR) using our free calculator. Understand IRR with our definition and formula to assess investment profitability.| Corporate Finance Institute
Return on Investment (ROI) is a performance measure used to evaluate the returns of an investment or compare efficiency of different investments.| Corporate Finance Institute
ROA Formula. Return on Assets (ROA) is a type of return on investment (ROI) metric that measures the profitability of a business in relation to its total assets.| Corporate Finance Institute
The New York Stock Exchange (NYSE) is the largest securities exchange in the world, hosting 82% of the S&P 500, as well as 70 of the biggest| Corporate Finance Institute
The fair market value (of a good or service being exchanged) refers to the price at which both transacting parties agreed to independently.| Corporate Finance Institute
The Federal Reserve is the central bank of the United States and is the financial authority behind the world’s largest free market economy.| Corporate Finance Institute
Net Working Capital (NWC) is the difference between a company's current assets (net of cash) and current liabilities (net of debt) on its balance sheet.| Corporate Finance Institute
Par Value is the nominal or face value of a bond, or stock, or coupon as indicated on a bond or stock certificate. It is a static value| Corporate Finance Institute
A futures contract is an agreement to buy or sell an underlying asset at a later date for a predetermined price.| Corporate Finance Institute
Net Profit Margin is a financial ratio used to calculate the percentage of profit a company produces from its total revenue.| Corporate Finance Institute
The law of supply is a basic principle in economics that asserts that, assuming all else being constant, an increase in the price of goods| Corporate Finance Institute
Learn the three most common valuation methodologies: comparable company valuation, precedent transaction valuation, and discounted cash flow valuation.| Corporate Finance Institute
Barriers to entry are the obstacles or hindrances that make it difficult for new companies to enter a given market. These may include| Corporate Finance Institute
Here are six tips on how to become a financial analyst with no experience| Corporate Finance Institute
Enroll to learn how to accurately read financial statements, understand a company’s financial strength, and make informed decisions.| Corporate Finance Institute
Learn key financial mathematics formulas and how they can be used to conduct detailed financial analysis in this 4-part course.| Corporate Finance Institute
Boost your finance career with CFI’s expert-led Microsoft Excel training. Learn financial modeling, advanced Excel analytics, and data automation with real-world applications for finance professionals.| Corporate Finance Institute
Want to master Excel for finance? This comprehensive course covers formulas & essentials. ✓ Enroll today and enhance your financial analysis skills!| Corporate Finance Institute
Accounts Receivable (AR) represents the credit sales of a business, which have not yet been collected from its customers. Companies allow| Corporate Finance Institute
Understanding the right way to construct and balance a 3-statement financial model is a critical skill that is needed for many finance and accounting roles.| Corporate Finance Institute
Investment horizon is a term used to identify the length of time an investor is aiming to maintain their portfolio before selling their securities for a profit.| Corporate Finance Institute
EBITDA or Earnings Before Interest, Tax, Depreciation, Amortization is a company's profits before any of these net deductions are made.| Corporate Finance Institute
The XNPV function in Excel should be used over the regular NPV function in financial modeling and valuation analysis to ensure precision and accuracy.| Corporate Finance Institute
Unlimited access to hundreds of banking and finance courses, certifications, resources, community, and more. Join 1.8 Million Professionals.| Corporate Finance Institute
This is the ultimate Cash Flow Guide to understanding the differences between EBITDA, Cash Flow from Operations (CF), Free Cash Flow (FCF), Unlevered Free Cash Flow, and Free Cash Flow to Firm (FCFF).| Corporate Finance Institute
We're on a mission to enhance the skills, knowledge, and productivity of finance and banking professionals.| Corporate Finance Institute
Find your ideal career path and get started earning the valuable skills you'll need to score your dream job with the interactive Career Map from CFI.| Corporate Finance Institute
Master financial modeling by learning to create accurate forecasts with Excel, understand its role in business decisions, and access free CFI resources.| Corporate Finance Institute
