Cases in Valuation and Finance (MSB370)
This is a case course in finance. The course integrates what has been taught in other finance courses, and applies it to real-life finance situations. Many of these finance situations will be viewed through the lens of the valuation of projects, companies or assets.
Course description for study year 2023-2024. Please note that changes may occur.
Course code
MSB370
Version
1
Credits (ECTS)
10
Semester tution start
Autumn
Number of semesters
1
Exam semester
Autumn
Language of instruction
English
Content
Learning outcome
Knowledge
Upon completion of the course, the candidate will be able to
- Master the components of valuations, including the estimation of cash flow, growth, cost of capital, horizon value, present value calculations, and ratio analysis.
- Recognise how ESG (environmental, societal and governance) factors affect corporations.
- 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
- Master corporate valuations, performing all necessary analyses, such as the 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.
- Assess annual accounts and analyse them to recognise the cash flows that are 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 oral, in business settings.
Required prerequisite knowledge
Recommended prerequisites
Exam
Handins of cases in groups and written exam
Form of assessment | Weight | Duration | Marks | Aid |
---|---|---|---|---|
Handins of cases in groups | 2/5 | Letter grades | ||
Written exam | 3/5 | 4 Hours | Letter grades | Valid calculator |
The resit for the first part of the exam submission of group cases) will be the individual submission of one case. The resit for the second part (written exam) will comprise one written exam.
Coursework requirements
Further details about course requirements are given in the syllabus available at the beginning of the teaching semester.
Students will have the opportunity to give feedback on the course first in an early dialogue, and then in a written course evaluation at the end of the course.
Course teacher(s)
Course coordinator:
Bernt Arne ØdegaardStudy Program Director:
Yuko OnozakaMethod of work
Overlapping courses
Course | Reduction (SP) |
---|---|
Cases in Finance (MØA370_1) | 10 |
Cases in Valuation (MSB370A_1) | 5 |