Cases in Valuation (MSB370A)
This is a course in valuation. Building on the corporate finance course, the course first develops the technical skills necessary for valuation, before applying those skills to real-life valuation situations.
Course description for study year 2022-2023. Please note that changes may occur.
MSB370A
1
5
Autumn
1
Autumn
English
Knowledge
Upon completion of the course, the candidate will be able to
- master the components of valuations, including estimation of cash flow, growth, cost of capital, horizon value, present value calculations, and ratio analysis.
- identify the value drivers (from a finance perspective) in a given corporate situation.
Skills
Upon completion of the course, the candidate will be able to
- assess corporate valuates, performing all the necessary analysis, such as
- evaluation of a corporation's real investments, financial choices, and strategy.
- build spreadsheets evaluating the cash flow consequences of a firm's plans, bringing in data from the corporations' environment as well as the corporate plans.
- analyse annual accounts and analyse them to recognise the cash flows relevant for valuation.
- question the sensitivity of any decision-relevant estimate
- recognise how valuation is an integrated perspective in the field of finance, and the basis for all corporate decisions.
- ask critical questions about finance-related business situations: use of method, assumptions and calculated value
- communicate central finance concepts, both written and orally, in business settings.
Hand-in and written exam
| Form of assessment | Weight | Duration | Marks | Aid |
|---|---|---|---|---|
| Hand-in | 3/10 | Letter grades | ||
| Written exam | 7/10 | 4 Hours | Letter grades | Valid calculator |
The resit for the first part of the exam submission of cases in groups) will be the individual submission of one case. The resit for the second part (written exam) will comprise one written exam.
| Course | Reduction (SP) |
|---|---|
| Cases in Valuation and Finance (MSB370_1) | 5 |