The CFA Level I Corporate Finance (CF) course provides a structured and exam-focused introduction to the core financial decision-making processes within corporations. The course begins with Corporate Governance and ESG, where candidates learn about governance structures, shareholder rights, board responsibilities, and the integration of environmental, social, and governance factors in financial analysis.

It then covers Capital Budgeting, focusing on capital investment decisions using techniques such as NPV, IRR, payback period, and discounted cash flow analysis. Students gain a clear understanding of how firms evaluate long-term projects and allocate capital efficiently.

The course continues with Cost of Capital, explaining the calculation and interpretation of the weighted average cost of capital (WACC), cost of debt, and cost of equity. Understanding cost of capital is essential for valuation and capital budgeting decisions.

Additional topics include Measures of Leverage, highlighting operating and financial leverage and their impact on risk and return. The course concludes with Working Capital Management, covering cash management, inventory management, receivables, and short-term financing strategies.

This course is ideal for CFA Level 1 candidates seeking clear explanations, practical examples, and strong alignment with the CFA Institute curriculum.