{"id":2725,"date":"2020-09-29T14:35:39","date_gmt":"2020-10-31T13:40:50","guid":{"rendered":"https:\/\/kyzen-finance.com\/product\/le-cout-du-capital\/"},"modified":"2025-02-18T17:07:05","modified_gmt":"2025-02-18T17:07:05","slug":"cout-du-capital","status":"publish","type":"product","link":"https:\/\/kyzen-finance.com\/fr\/product\/cout-du-capital\/","title":{"rendered":"\ud83d\udcca Ma\u00eetrise de la finance d\u2019entreprise : de la structure du capital aux fusions-acquisitions"},"content":{"rendered":"<p>Ce cours avanc\u00e9 couvre les d\u00e9cisions cl\u00e9s en mati\u00e8re de financement d\u2019entreprise, de l\u2019optimisation de la structure du capital \u00e0 la politique de dividende et aux fusions et acquisitions. S\u2019appuyant sur les concepts d\u2019analyse financi\u00e8re et de reporting de niveau 2 du CFA, ce programme explore \u00e9galement les options r\u00e9elles et l\u2019\u00e9valuation des flux de tr\u00e9sorerie disponibles. <\/p>\n<p>Con\u00e7u pour les analystes financiers, les dirigeants d\u2019entreprise et les investisseurs, ce cours fournit l\u2019expertise n\u00e9cessaire pour comprendre et influencer la prise de d\u00e9cision financi\u00e8re au plus haut niveau.<\/p>\n<p><strong>Programme:<\/strong><\/p>\n<p>\ud83d\udccc <strong>Module 1 : Co\u00fbt du capital<\/strong><\/p>\n<ul>\n<li>D\u00e9finition et importance du co\u00fbt du capital<\/li>\n<li>Calcul du CMPC et ajustements ajust\u00e9s au risque<\/li>\n<li>Impact sur les d\u00e9cisions d\u2019investissement<\/li>\n<\/ul>\n<p>\ud83d\udccc <strong>Module 2 : Optimisation de la structure du capital<\/strong><\/p>\n<ul>\n<li>Financement par emprunt ou par capitaux propres : compromis et co\u00fbts<\/li>\n<li>Th\u00e9ories de la structure du capital (Modigliani &amp; Miller, Trade-off, Pecking Order)<\/li>\n<li>Facteurs influen\u00e7ant la structure optimale du capital<\/li>\n<\/ul>\n<p>\ud83d\udccc <strong>Module 3 : Politique de dividende<\/strong><\/p>\n<ul>\n<li>Th\u00e9ories des dividendes et signalisation de l\u2019investisseur<\/li>\n<li>Politiques de r\u00e9tention et de distribution<\/li>\n<li>Impact des dividendes sur la valorisation de l\u2019entreprise<\/li>\n<\/ul>\n<p>\ud83d\udccc <strong>Module 4 : Flux de tr\u00e9sorerie disponibles et budg\u00e9tisation des immobilisations<\/strong><\/p>\n<ul>\n<li>Importance du FCF dans l\u2019\u00e9valuation et le financement des entreprises<\/li>\n<li>Crit\u00e8res de d\u00e9cision d\u2019investissement (VAN, TRI, p\u00e9riode de r\u00e9cup\u00e9ration)<\/li>\n<li>Analyse des flux de tr\u00e9sorerie pour la rentabilit\u00e9 du projet<\/li>\n<\/ul>\n<p>\ud83d\udccc <strong>Module 5 : Options r\u00e9elles dans la budg\u00e9tisation des immobilisations<\/strong><\/p>\n<ul>\n<li>Introduction aux options r\u00e9elles et \u00e0 la prise de d\u00e9cision strat\u00e9gique<\/li>\n<li>Options d\u2019expansion, d\u2019abandon et de report<\/li>\n<li>Applications dans des environnements d\u2019investissement incertains<\/li>\n<\/ul>\n<p>\ud83d\udccc <strong>Module 6 : Regroupements d\u2019entreprises et fusions et acquisitions<\/strong><\/p>\n<ul>\n<li>Types de fusions et acquisitions<\/li>\n<li>\u00c9valuation des synergies et analyse des risques<\/li>\n<li>Int\u00e9gration post-fusion et impact financier<\/li>\n<\/ul>\n<p>\ud83d\udccc <strong>Module 7 : Analyse financi\u00e8re et rapports financiers de niveau 2 (CFA<\/strong>)<\/p>\n<ul>\n<li>Analyse approfondie des \u00e9tats financiers<\/li>\n<li>Comptabilisation des produits, provisions et ajustements comptables<\/li>\n<li>Ratios financiers et informations d\u00e9cisionnelles<\/li>\n<\/ul>\n<p>\ud83d\udcc8 <strong>\u00c0 qui s\u2019adresse ce cours ?<\/strong><\/p>\n<ul>\n<li>Candidats CFA (Niveau 2 et Niveau 3)<\/li>\n<li>Analystes financiers et gestionnaires de portefeuille<\/li>\n<li>Investisseurs cherchant \u00e0 approfondir leurs connaissances en finance d\u2019entreprise et en analyse financi\u00e8re<\/li>\n<\/ul>\n<p>\ud83d\udca1 <strong>Format du cours :<\/strong><\/p>\n<ul>\n<li>Explications vid\u00e9o avec des exemples pratiques<\/li>\n<li>\u00c9tude de cas<\/li>\n<li>Questions et r\u00e9ponses interactives et exercices<\/li>\n<li>Langue : Anglais<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Ce cours avanc\u00e9 couvre les d\u00e9cisions cl\u00e9s en mati\u00e8re de financement d\u2019entreprise, de l\u2019optimisation de la structure du capital \u00e0 &hellip;<\/p>\n","protected":false},"featured_media":874,"template":"","meta":{"_vibebp_attr":"","_vibebp_dimensions":"","_vibebp_responsive_height":"","_vibebp_accordion_ie_support":"","_joinchat":[]},"product_brand":[],"product_cat":[261],"product_tag":[],"class_list":{"0":"post-2725","1":"product","2":"type-product","3":"status-publish","4":"has-post-thumbnail","6":"product_cat-uncategorized-fr","8":"first","9":"instock","10":"downloadable","11":"virtual","12":"sold-individually","13":"purchasable","14":"product-type-simple"},"aioseo_notices":[],"jetpack-related-posts":[{"id":10821,"url":"https:\/\/kyzen-finance.com\/fr\/product\/fixed-income-fundamentals-2\/","url_meta":{"origin":2725,"position":0},"title":"\ud83d\udcc9 Ma\u00eetriser les titres \u00e0 revenu fixe : des fondamentaux aux strat\u00e9gies de portefeuille","author":"Cheikh NIANG, PhD, CFA","date":"","format":false,"excerpt":"Ce programme avanc\u00e9 couvre les instruments \u00e0 revenu fixe, des principes fondamentaux aux strat\u00e9gies de gestion de portefeuille. En mettant l\u2019accent sur les concepts de niveau 2 et 3 du CFA, ce cours vous apprendra \u00e0 \u00e9valuer les obligations, \u00e0 g\u00e9rer le risque de taux d\u2019int\u00e9r\u00eat et \u00e0 construire des\u2026","rel":"","context":"Article similaire","block_context":{"text":"Article similaire","link":""},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":10822,"url":"https:\/\/kyzen-finance.com\/fr\/product\/assessing-equity-investment-risk-return\/","url_meta":{"origin":2725,"position":1},"title":"\u26a1 Ma\u00eetriser le risque et les produits d\u00e9riv\u00e9s : de l\u2019\u00e9valuation des risques aux strat\u00e9gies d\u2019options","author":"Charles Patrick, CFA","date":"","format":false,"excerpt":"Description: Ce cours avanc\u00e9 fournit une compr\u00e9hension approfondie de l\u2019\u00e9valuation des risques, des rendements des investissements, des produits financiers d\u00e9riv\u00e9s et des strat\u00e9gies de trading d\u2019options. 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Il couvre les concepts essentiels de la valeur temporelle de l\u2019argent, de l\u2019\u00e9valuation de base des actions et des principaux outils de prise de d\u00e9cision dans l\u2019analyse des investissements. Que vous soyez\u2026","rel":"","context":"Article similaire","block_context":{"text":"Article similaire","link":""},"img":{"alt_text":"Online Finance Courses","src":"https:\/\/i0.wp.com\/kyzen-finance.com\/wp-content\/uploads\/2020\/07\/blur-1853262_1920.jpg?fit=1200%2C900&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/kyzen-finance.com\/wp-content\/uploads\/2020\/07\/blur-1853262_1920.jpg?fit=1200%2C900&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/kyzen-finance.com\/wp-content\/uploads\/2020\/07\/blur-1853262_1920.jpg?fit=1200%2C900&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/kyzen-finance.com\/wp-content\/uploads\/2020\/07\/blur-1853262_1920.jpg?fit=1200%2C900&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/kyzen-finance.com\/wp-content\/uploads\/2020\/07\/blur-1853262_1920.jpg?fit=1200%2C900&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":2765,"url":"https:\/\/kyzen-finance.com\/fr\/product\/regroupements-d-entreprises\/","url_meta":{"origin":2725,"position":3},"title":"Regroupements d&rsquo;entreprises","author":"Cheikh NIANG, PhD, CFA","date":"","format":false,"excerpt":"Pr\u00e9-requis: - 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