What is €STR? The Euro Short-Term Rate (€STR or ESTER) is the European Union’s official overnight benchmark interest rate. It reflects the average rate at which banks and financial institutions borrow euros overnight on an unsecured basis, meaning no collateral is used. Published by the European Central Bank (ECB), €STR provides a consistent reference point…
What is CORRA? The Canadian Overnight Repo Rate Average (CORRA) is Canada’s primary risk-free interest rate benchmark. It reflects the cost of overnight borrowing through repurchase agreements (repos) secured by Government of Canada securities. In June 2024, CORRA officially replaced the Canadian Dollar Offered Rate (CDOR) as Canada’s main reference rate for derivatives and other…
Finance professionals today face a problem that numbers alone can’t solve. While we celebrate growth stories and market dominance, the reality is that companies hit rough patches. Sometimes, those rough patches turn into financial cliffs. What separates companies that recover from those that don’t? It’s not luck. It’s recognizing trouble early and having the right…
Cost-benefit analysis (CBA) is more than simple math—it’s the cornerstone of smart business decisions. In this episode of Corporate Finance Explained, we dive deep into how companies weigh financial trade-offs, avoid common pitfalls, and use CBA to drive strategy. Learn how leading firms like Amazon, Tesla, Apple, Ford, and Quibi used (or misused) CBA to…
PhD to Corporate Finance & M&A? Gabriel Fung’s Unconventional Journey! Ever wondered how a PhD in Pathology transitions to high-stakes roles in Equity Research and Corporate Development? In this episode of Careers in Finance on FinPod, Gabriel Fung reveals his unique path from the lab to leading strategic M&A and partnerships at Exact Sciences in…
You’ve probably noticed AI agents in finance popping up everywhere, from trading desks to audit teams. But what exactly are AI agents, and why do they matter for a career in FP&A? Imagine a digital teammate constantly watching data, spotting issues instantly, deciding next steps, and acting without your input at every step. With tighter…
From steering company growth to valuing a business, financial modeling is the engine that powers high-stakes decision-making in finance. However, even the most carefully built model can fall short without real-time industry data. That’s why the Corporate Finance Institute (CFI) and IBISWorld collaborated on a new whitepaper: Leveraging Industry Intelligence for Informed Financial Modeling and…
With speaker Brian Egger, Global Head of Financial Modeling and Senior Gaming and Lodging Analyst, Bloomberg Intelligence. Artificial intelligence can now build basic financial models in seconds. But the ability to think critically, structure complex problems, and communicate insights clearly remains as essential as ever. In this webinar, Bloomberg’s Brian Egger joins CFI for a…
Ryan Spendelow, Senior VP, Training & Curriculum, Corporate Finance Institute (CFI) Carl Rosseel, Director of Technology Alliances, DataCamp In a finance world driven by automation, data, and evolving career paths, Python is no longer just “nice to have”—it’s fast becoming essential. In this insightful conversation, Ryan Spendelow from CFI and Carl Rosseel from DataCamp unpack…
In a world of constant change, rising interest rates, inflation, and global disruptions, how do top companies prepare for the unexpected? In this episode of Corporate Finance Explained, we break down scenario planning and sensitivity analysis, the essential tools finance teams use to stay agile, resilient, and ready for anything. Learn how Airbnb, Starbucks, Delta…
