Welcome to Quantitative Corporate Finance.  This post introduces the quantcorpfin.com site, including its purpose, content, and intended audience.

Site Content

The heart of QCF is a cookbook of analytic techniques:  a collection of simple, step-by-step recipes that let you conduct state-of-the-art analysis of companies’ capital structures and risk exposures.  All of the data we use is freely available on the Internet (for non-commercial use), and the underlying mathematical techniques are borrowed from several disciplines.  

Some posts reference worked examples (usually, Excel spreadsheets).  These are available for download by registered guests.  These examples can be reused with appropriate attribution, such as “Courtesy QuantCorpFin.com”.  

We will include various asides that add important color to this work, and occasional market commentary.

Target Audience

You may work in the CFO or Treasury functions of a large corporation.  Or you may advise clients from an investment bank.  You have facility with basic corporate analysis, and an interest in acquiring technical skills at the M.S. level.

Our Perspective

The perspective of the analyses and recipes on this site is that of an external consultant advising a client.  We emphasize the consulting stance to reflect that ideas should derive authority from their worth, and not simply from some organizational fiat.

With that in mind, we will focus our analysis on information available publicly about our client firms, and be sensitive to various pragmatic or market-driven constraints about any suggested actions.

Prerequisites

We assume familiarity with a broad range of topics, at the advanced undergraduate or beginning graduate level:

• Financial accounting
• Descriptive statistics and regression analysis
• Corporate finance
• Company modeling in Excel
• Investments and portfolio management

If you have finished the first year of a finance-oriented MBA program, or the first level of the CFA program, you probably have the right background.

Similar Sites

Damodaran Online is a great site for a broad range of corporate finance topics, including a wealth of downloadable examples.  Prof. Damodaran also authors the Musings on Markets blog.

For More Information

Please visit the About Us page.